Commercial and Agricultural Credit Underwriter

Assiniboine Credit Union•Winnipeg, MB

16h•Hybrid

About The Position

Reporting to the Manager, Commercial & Agribusiness Credit Underwriting, the Commercial and Agribusiness Credit Underwriter is responsible for evaluating, analyzing, and underwriting commercial/agribusiness credit applications (accounts of $10 million and more) in alignment with the credit union’s lending policies, regulatory guidelines, and risk appetite. This role plays a vital part in supporting local businesses and ensuring the strength and sustainability of our commercial/ agribusiness loans portfolio across Manitoba. This role supports Assiniboine Credit Union/ Caisse Assiniboine (ACU)’s commitment to rural and agricultural communities, francophone services, values-based banking and ACU’s triple bottom line accountability to people, planet, and prosperity.

Requirements

Diploma or degree in Business (Agribusiness), finance, accounting or a related field.
5 years of lending experience within a financial institution with a focus on Commercial and/or Agriculture lending.
Strong financial analysis skills, with the ability to interpret complex financial statements and cash flow projections.
Solid understanding of lending structures, security registration, credit risk assessment, and commercial lending regulations.
Excellent written and verbal communication skills, with the ability to convey complex financial concepts clearly and concisely.
Proficiency in Microsoft Office applications (Excel, Word, Outlook) and financial analysis software.
Familiarity with Manitoba’s business and economic landscape, including knowledge of key local industries.
Analytical skills to notice and resolve errors, problems or numerical data inconsistencies.
Exceptional attention to detail, organizational skills, and ability to manage multiple priorities within tight deadlines.
Ensure all business activities are in compliance with sound business practices, legislation, policies and procedures, and internal controls.
Responsible for compliance and risk management, through the execution of internal policies and procedures, maintain ongoing compliance with regulatory and legislative requirements at all times.

Nice To Haves

Completion of relevant courses in commercial lending, risk management, or financial analysis.
Knowledge of credit union operating principles and cooperative values.
Bilingualism, French and English.

Responsibilities

Review, assess, and underwrite commercial/ agribusiness credit applications, including new financing requests, renewals, and amendments, ensuring compliance with internal credit policies and regulatory standards.
Analyze financial statements, business plans, cash flow forecasts, and credit reports to assess the financial health and creditworthiness of business applicants.
Determine appropriate loan structures, security requirements, and risk ratings while identifying potential credit risks and recommending mitigation strategies.
Prepare comprehensive credit submissions with clear, objective analysis and recommendations for approval within delegated lending limits or for presentation to higher authority levels.
Collaborate closely with Commercial/ Agribusiness Account Managers to gather necessary information, provide financial insights, and support client relationship strategies.
Establish credibility and build positive relationships with the Credit Solutions (adjudication) team.
Monitor assigned commercial/ Agribusiness loan portfolios, reviewing financial reporting, covenant compliance, and early warning indicators of credit deterioration.
Stay current on market trends, regional economic conditions, and regulatory changes impacting commercial lending in Manitoba.
Maintain current and relevant knowledge of industry trends, accounting and regulatory practices, competitor products, and loan pricing.
Mitigate risk through adherence to policy and procedure with an aim for accuracy and first-time right.
Ensure all business activities are in compliance with sound business practices, legislation, policies and procedures, and internal controls.
Responsible for compliance and risk management, through the execution of internal policies and procedures, maintain ongoing compliance with regulatory and legislative requirements at all times.
Ensure that all Business Financial Centre/Community Financial Centre/Agribusiness Financial Centre programs, policies and process are implemented in a manner that supports ACU’s commitment to rural and agricultural communities, francophone services, values-based banking, respectful workplace and diversity, equity and inclusion.