Commercial Credit Analyst
Top Benefits
About the role
Why FirstOntario?
- Competitive compensation packages
- Top-tier health and wellness benefits, including comprehensive benefits packages and a Health Spending Account
- Enhanced mental health benefits through SunLife and TELUS Health
- Exclusive banking benefits
- Up to $1000 per year towards professional development
- Pension Plan
- Flex-work environment
- Company-wide Employee Volunteer program (Blue Wave Program)
- Employee and Family Assistance Program
Job Overview
The Credit Analyst is a cross-functional position responsible for supporting the overall goals of the Credit department in managing credit risk across FirstOntario. The role is accountable for producing credit analysis at both the transaction level and the portfolio level and supports both the Commercial and Retail credit teams.
Role
- Develop and deliver credit reporting and credit analytics to Senior Management on the Commercial and Retail loan portfolios (both ongoing and ad-hoc).
- Make recommendations to Senior Management on the development of portfolio reporting, metrics or risk indicators that could support the overall management of credit risk at FirstOntario.
- Gather information from external sources to produce data and insights for Senior Management to support credit risk management.
- Support risk assessments and analysis on external counterparties that FirstOntario does business with.
- Participate in special projects related to credit risk management, as they arise.
- Assist with updates to FirstOntario's Lending Policy, Procedures, and Guidelines.
- Leverage AI, automation, and processimprovement methodologies to enhance efficiency across credit risk management, reporting, and analytics.
- Build and implement AIdriven tools and automated solutions to streamline workflows, reduce manual effort, and support decisionmaking across adjudication, credit processes, and reporting.
- Review and analyze Commercial credit transactions against FirstOntario credit risk policy, lending guidelines and procedures.
- Make recommendations to support adjudicators in their lending decisions.
- Perform ad-hoc analysis or conduct research for adjudicators to support their lending decisions.
- Build strong, positive relationships with internal partners such as, but not limited to, Business Banking Group, Risk, Finance, Business Intelligence, and Technology.
- Perform other duties as required.
Required Skills
- Post-secondary diploma or degree in business, finance, economics, math, statistics, engineering, or a related/relevant field.
- Three to five (3-5) years' experience working in a financial institution, preferably in Business Lending or Business Intelligence, DataAnalytics or a related/relevant area.
- Ability to develop an indepth understanding of both retail and commercial lending portfolios, including credit structures, risk drivers, and portfolio dynamics.
- An advanced financial, data, or risk designation (e.g., CFA, CPA, CDMP, CRM) an asset
- Financial analysis capabilities, including the ability to assess commercial and retail credit transactions.
- Experience with data analysis, portfolio analytics, or credit performance reporting.
- Advanced proficiency in Microsoft Excel, with working knowledge of reporting or analytical tools such as Power BI, SQL, or similar platforms.
- Experience leveraging technology, AI concepts, or automation tools to streamline processes, improve reporting, or enhance decisionmaking.
- Be detail-oriented, analytical, and have a passion for numerical data and analytics.
- Experienced in completing research to provide support for decision-making purposes.
- Be an action-oriented individual who works well autonomously.
- Welcome challenges where you can utilize your solution focused thinking.
- Demonstrate a high level of integrity trustworthiness.
- Demonstrate excellent communication and presentation skills.
- Be organized and possess excellent time management skills.
- Be dedicated to continuous learning.
- Be aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario policies and procedures
- Be willing to work irregular hours as required to accommodate branch hours, member service demands and deadlines
This position is hybrid in Hamilton/Niagara region. Details to be discussed in interview.
This posting is for an existing vacancy.
Salary Range: $69,931 to $96,155 annually.
Compensation for this role reflects a combination of skills, experience, and internal equity. Those whose experience more closely aligns the role's requirements may be placed higher within the salary range. You will learn more about FirstOntario Credit Union's total rewards package during the interview process.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.
Not the right fit? Search for Commercial Credit Analyst jobs in Hamilton, ON
About FirstOntario Credit Union
When you do your everyday transactions, borrowing and investing with FirstOntario, you’re not just a member, you’re an owner. By joining FirstOntario, you become part of a special kind of organization – one that shares its profits and decision-making with the people who use its services.
With FirstOntario, you have a relationship with decision-makers from your own community, and you have a say in how we’re governed.
Today, FirstOntario Credit Union serves more than 115,000 Members with a full suite of banking products and has 29 locations serving 14 communities within the Hamilton, Halton, Niagara, Haldimand/Norfolk and Oxford regions.
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Commercial Credit Analyst
Top Benefits
About the role
Why FirstOntario?
- Competitive compensation packages
- Top-tier health and wellness benefits, including comprehensive benefits packages and a Health Spending Account
- Enhanced mental health benefits through SunLife and TELUS Health
- Exclusive banking benefits
- Up to $1000 per year towards professional development
- Pension Plan
- Flex-work environment
- Company-wide Employee Volunteer program (Blue Wave Program)
- Employee and Family Assistance Program
Job Overview
The Credit Analyst is a cross-functional position responsible for supporting the overall goals of the Credit department in managing credit risk across FirstOntario. The role is accountable for producing credit analysis at both the transaction level and the portfolio level and supports both the Commercial and Retail credit teams.
Role
- Develop and deliver credit reporting and credit analytics to Senior Management on the Commercial and Retail loan portfolios (both ongoing and ad-hoc).
- Make recommendations to Senior Management on the development of portfolio reporting, metrics or risk indicators that could support the overall management of credit risk at FirstOntario.
- Gather information from external sources to produce data and insights for Senior Management to support credit risk management.
- Support risk assessments and analysis on external counterparties that FirstOntario does business with.
- Participate in special projects related to credit risk management, as they arise.
- Assist with updates to FirstOntario's Lending Policy, Procedures, and Guidelines.
- Leverage AI, automation, and processimprovement methodologies to enhance efficiency across credit risk management, reporting, and analytics.
- Build and implement AIdriven tools and automated solutions to streamline workflows, reduce manual effort, and support decisionmaking across adjudication, credit processes, and reporting.
- Review and analyze Commercial credit transactions against FirstOntario credit risk policy, lending guidelines and procedures.
- Make recommendations to support adjudicators in their lending decisions.
- Perform ad-hoc analysis or conduct research for adjudicators to support their lending decisions.
- Build strong, positive relationships with internal partners such as, but not limited to, Business Banking Group, Risk, Finance, Business Intelligence, and Technology.
- Perform other duties as required.
Required Skills
- Post-secondary diploma or degree in business, finance, economics, math, statistics, engineering, or a related/relevant field.
- Three to five (3-5) years' experience working in a financial institution, preferably in Business Lending or Business Intelligence, DataAnalytics or a related/relevant area.
- Ability to develop an indepth understanding of both retail and commercial lending portfolios, including credit structures, risk drivers, and portfolio dynamics.
- An advanced financial, data, or risk designation (e.g., CFA, CPA, CDMP, CRM) an asset
- Financial analysis capabilities, including the ability to assess commercial and retail credit transactions.
- Experience with data analysis, portfolio analytics, or credit performance reporting.
- Advanced proficiency in Microsoft Excel, with working knowledge of reporting or analytical tools such as Power BI, SQL, or similar platforms.
- Experience leveraging technology, AI concepts, or automation tools to streamline processes, improve reporting, or enhance decisionmaking.
- Be detail-oriented, analytical, and have a passion for numerical data and analytics.
- Experienced in completing research to provide support for decision-making purposes.
- Be an action-oriented individual who works well autonomously.
- Welcome challenges where you can utilize your solution focused thinking.
- Demonstrate a high level of integrity trustworthiness.
- Demonstrate excellent communication and presentation skills.
- Be organized and possess excellent time management skills.
- Be dedicated to continuous learning.
- Be aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario policies and procedures
- Be willing to work irregular hours as required to accommodate branch hours, member service demands and deadlines
This position is hybrid in Hamilton/Niagara region. Details to be discussed in interview.
This posting is for an existing vacancy.
Salary Range: $69,931 to $96,155 annually.
Compensation for this role reflects a combination of skills, experience, and internal equity. Those whose experience more closely aligns the role's requirements may be placed higher within the salary range. You will learn more about FirstOntario Credit Union's total rewards package during the interview process.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.
Not the right fit? Search for Commercial Credit Analyst jobs in Hamilton, ON
About FirstOntario Credit Union
When you do your everyday transactions, borrowing and investing with FirstOntario, you’re not just a member, you’re an owner. By joining FirstOntario, you become part of a special kind of organization – one that shares its profits and decision-making with the people who use its services.
With FirstOntario, you have a relationship with decision-makers from your own community, and you have a say in how we’re governed.
Today, FirstOntario Credit Union serves more than 115,000 Members with a full suite of banking products and has 29 locations serving 14 communities within the Hamilton, Halton, Niagara, Haldimand/Norfolk and Oxford regions.