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Senior Commercial Analyst, Corporate Accounts

$59.8k - $89.8k per year
Full-time

Meridian Credit Union

About this opportunity

At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are. 

Reporting to the Director, Team Lead, you will play a key role in the growth of the Syndication Portfolio by supporting the team in underwriting and recommending high-quality transactions that align with Meridian Credit Union's credit policies and risk appetite. The Syndication Portfolio consists of a diversified portfolio of accounts where Meridian Credit Union is one of the participants in the Syndicate.

You will perform comprehensive financial analysis and due diligence on syndicated financing opportunities, delivering sound credit recommendations and insights. Working closely with Directors, you will help develop and manage client and partner relationships, contributing to portfolio growth while supporting MCU's profitability and risk management objectives.

You enjoy a fast-paced exciting environment with a commitment to achieving results.

This position is a unique opportunity to broaden your financial skillset, deepen your understanding of various industries and financial structures and gain exposure to capital market deals.

 

Key Responsible: 


  • Assist in preparation of credit applications.

  • Provide analytical and due diligence support to Directors in assessing financial transactions and securing timely credit approvals.

  • Build and analyze financial models.

  • Write a lending proposal detailing both the financial and non-financial parameters important to decision making.

  • Take execution ownership to ensure credit applications are completed on time and accurately to meet the Borrower’s expectations.

  • Manage the routing account opening process for the Borrower.

  • Liaise with other MCU staff to obtain credit approval.

  • Establish personal goals and action plans to support the Business Banking Centre and Retail branch business objectives, with some community involvement required.

  • Demonstrate an ongoing willingness to assume higher degrees of accountability and responsibility, leading to assumption of a position as a Relationship Manager, Commercial Services.

  • Keep abreast of changes within diverse industry sectors and proactively identifies opportunities to improve the growth and development of the assigned portfolio by analyzing member needs, trends, and competitor offerings.

 

Knowledge, Skills, and Abilities  


  • Between 1 - 3 years of relevant experience.

  • Undergraduate degree has academic coursework in finance or accounting.

  • Analytical and problem-solving strength with a strong aptitude and ability to perform in-depth financial analysis.

  • Strong verbal and written communication skills.

  • Demonstrate organizational values through leadership and personal behaviors.

  • Strong personal commitment to professional development.

  • Good knowledge of banking system and business account operating procedures.

  • Ability to work independently with confidence and strong commitment to member service.

  • Willingness to work flexible hours, and train both on/off the job to improve general business and lending skills.

  • Demonstrates a high capacity for increasingly complex workloads.

 

This role represents an existing vacancy. Internal candidates are being considered as part of our standard process.  

 

  Salary Range: CAD $59,800.00to $89,800.00 annually.





Compensation for this role is based on a combination of skills, experience, and internal equity. Candidates with stronger alignment to the role’s requirements may be placed higher within the range. Your recruiter will share more information about our total rewards package during the hiring process.


Office Location:

Toronto Corporate Office located at 3280 Bloor St W, Etobicoke, ON. or
Business Banking Centre 500 located at  50 Ronson Dr, Etobicoke, ON.

This is a hybrid work opportunity.

Meridian has a remote work policy that allows flexibility for employees to work remotely but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.  

 

What's in it for you?   


  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success

  • We provide you with the tools and technology needed to delight your candidates and clients

  • You'll get to work with and learn from diverse industry leaders

  • Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleagues

  • This isn't your typical "corporate" job. We work hard and we have fun!

 

Build the Future of Banking with Us  

At Meridian, we’re not just adapting to the future—we’re shaping it. We see talent as a catalyst for   sustainable growth community impact , and  future-readiness . As the financial landscape evolves, we’re looking for team members who bring:    


  • Embedding & leveraging technology – Confidence and willingness to learn and integrate AI and emerging technologies into new ways of working. Experience with low/no code tools like the Microsoft Power Platform and generative AI productivity tools like Microsoft Copilot is considered an asset

  • Critical Thinking – The ability to analyze, evaluate and interpret information from various sources and apply logic and problem solving to make decisions.

  • Data Driven – Leverage data and insights to identify, prioritize and improve member experience and business efficiency.

  • Curiosity & Flexibility – Comfortable navigating and embracing change and uncertainty, ask more questions, explore more options. Continuously learn and grow.


Who we are:
 

Meridian is Ontario’s largest credit union, and second largest in Canada, helping to grow the lives of our more than 380,000 Members. Meridian has more than 80 years of banking history and is 100% owned by its members. With 87 retail branches and 15 Business Banking Centers across Ontario and $ 32B in assets under management, Meridian offers a full range of financial products and services to its retail, business banking and wealth members. With over 2200 employees and corporate offices located in Toronto and St. Catharines, Meridian has a track record of creating and delivering innovative new offerings and is committed to investing in the communities that we serve. Our plan is to build on our momentum as we deliver on our purpose - helping our members achieve their best life.   

Find our story here:   About Meridian  

 

Experience the Difference! 

Meridian committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.  

Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.   

Please note that due to the volume of applications, only those under consideration will be contacted for an interview.   

Thank you for your interest in Meridian Credit Union.   

Follow us on Twitter at   

 

Meridian only posts jobs on our official Careers Site, LinkedIn, and Indeed. If you find a Meridian job posting on any other site, please verify it by ensuring it directs back to our official career page. Meridian never asks candidates to apply through third‑party links that do not redirect to our Careers portal (UltiPro). For more tips on how to protect yourself from job scams visit   Protect yourself from job scams | Meridian .



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Vacancy posted 9 hours ago
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