Senior Risk Analyst- Credit Risk

League Savings and Mortgage

22h • Remote

About The Position

League Savings and Mortgage (LSM) Company provides tailored financial solutions designed to meet the unique needs of our customers. Backed by a dedicated team of financial professionals, we ensure every solution aligns with our customers' personal and business goals. With nearly six decades of experience and a legacy of success, League Savings remains a trusted partner-delivering competitive solutions and results that count. Working with a professional and dedicated team, the Senior Risk Analyst acts as the representative for the Credit Risk department with a focus on commercial lending portfolio quality and oversight. Working closely with the Director, Credit Risk, the Senior Risk Analyst is responsible for account management and portfolio monitoring, loan adjudication and coaching to ensure the commercial portfolio is in compliance with LSM's Commercial Lending Criteria & Procedures and all relevant Executive and Board Policies.

Requirements

• Successfully completed a bachelor's degree in commerce (Major in Urban Land Economics considered an asset), plus have 4 or more years of related experience; or an equivalent combination of education, training and experience.
• Demonstrated knowledge and experience with all aspects of credit including: commercial real estate loans - term and construction financing, operating loans, corporate loans, commercial leases and residential mortgages and retail credit.
• Demonstrated comprehensive understanding of enterprise-wide strategic credit policy development.
• Core Skills: Commerce, Credit Risk, Construction financing, Term financing.

Nice To Haves

• A professional designation or working toward one considered an asset (e.g., FRM, CRM, CPA, CFA, or CAMS).

Responsibilities

• Tracking and monitoring the status of annual reviews for the commercial portfolio, including monitoring progress, setting targets, ensuring overdue reviews stay within the acceptable limit, and periodic review and update of template documents.
• Tracking mortgage maturities and renewals by working with the Commercial Lending Analyst and Administrator to ensure appropriate review and approvals are in place for timely renewals.
• Monitoring daily and weekly 'NSF' returned payments and delinquencies, following up with the Account Manager for timely and effective action plans, and escalating high-risk delinquencies to the Director and Senior Risk Manager, Credit Risk.
• Attending monthly and quarterly watch list meetings and following up with Commercial Analysts to ensure timely completion of action items with a focus on minimizing loss.
• Reviewing and analyzing portfolio analytics, working closely with Finance and Administration to prepare and analyze the monthly commercial portfolio analysis, and assisting with the quarterly Commercial Portfolio Analysis Report.
• Assisting with periodic portfolio level stress testing.
• Attending Credit Committee Meetings to assist with the review of credit committee minutes, finalizing minutes, and submitting them to the Credit Committee Chair/Director, Credit Risk for final review.
• Assisting with monthly and quarterly research and market monitoring relevant to the commercial and retail portfolios and lending industry.
• Adjudicating new commercial loan applications, amendments, and annual reviews within delegated lending authority, and recommending to Senior Risk Manager or Director, Credit Risk as required based on loan amount and/or total connection.
• Maintaining current and in-depth knowledge of the Commercial Lending Criteria & Procedure Guide.
• Maintaining and developing template documents to support consistency in underwriting and account management practices, working closely with the Senior Risk Manager, Credit Risk and the Manager, Commercial Lending.

Benefits

• Flexibility and balance, working from home.
• Working with a dynamic, knowledgeable and community-focused team.
• Competitive, performance-based incentives.
• Competitive benefit package including a Flexible Health and Dental Plan.
• Group Savings for Retirement Options up to 8% of base earnings with TFSA option.
• Matching GSRP contribution by the Company.
• Generous paid time off including Me Time, Vacation, Sick Days, and Volunteer days.
• Tuition reimbursement, training, and personal development.
• Perks such as reduced rates on employee loans/mortgages, plus wellness and social committees.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior