Apply by December 1, 2025

Join Innovation Federal Credit Union as a Senior Credit Adjudication Specialist, reporting to the VP Credit, where you’ll mentor staff, lead risk analysis, and play a key role in safeguarding member assets while supporting business growth and continuous improvement. This position offers the opportunity to leverage your advanced lending expertise, collaborate with leadership, and contribute to a culture of accountability, integrity, and professional development.

The Key Responsibilities For This Role Include

• Perform credit analysis and adjudicate on a portfolio of accounts with complex structures through the review of pertinent financial and industry information on incoming credit applications. Focus on large commercial deals, leveraged finance structures, large commercial real estate transactions, cashflow and diversified lending.
• Provide effective challenge, make independent recommendations within the risk appetite and in adherence to the policies/standards and procedures.
• Demonstrate working knowledge on leveraged financing, capital structures and syndication arrangements; provide analysis on EBITDA adjustments/ effective challenge on projection assumptions and repayment capacity/ DAC models; contribute to the framework and risk appetite statement while meeting industry and regulatory expectations.
• High level of collaboration with Business Banking partners to ensure key risks are identified and addressed appropriately through the credit adjudication process, including with other stakeholders to achieve optimal effectiveness and efficiency in meeting client needs as well as operational and regulatory requirements.
• Provide recommendations to senior executives, present and participate in discussions at Credit Committees ensuring the Credit Union is adequately protected.
• Alert credit portfolio management to unsatisfactory trends in lending practices, early identification of problem loans and ensure accuracy of risk ratings through identification of changes in account quality (via review of industry/economic trends and general news flow). Assess strategies and restructuring proposals for problem loan accounts or accounts of concern which require closer monitoring.
• Assist in the maintenance of the loan portfolio through completing annual file reviews and quarterly reviews for monitored loans.
• Review documentation such as term sheets and commitment letters before issuance.
• Increasing use of data analytics to monitor and assess the portfolio, underlying trends, and application in credit adjudication.
• Actively participate in strategic projects/initiatives as applicable, act as SME when required.
• Utilize digital solutions to create efficiencies, simplify members’ banking needs, and enhance the member experience.

Qualifications

• Completion of a Bachelor’s degree in Commerce, Business Administration, or related discipline.

• 7 – 9 years’ lending and credit experience (or an equivalent combination of education and experience).

• Advanced knowledge of Commercial, Real Estate Secured, Cashflow, Diversified lending.

• Knowledge of financial modeling, ability to analyze projections, challenge model and sensitivity assumptions.

• Ability to provide feedback on transaction structuring, covenants, security enhancements.

• Strong knowledge of Commercial Real Estate Lending and understanding of current market conditions.

• Experience with syndicated transactions and structures.

• Advanced knowledge of syndication and securitization is considered an asset.

• Detail-oriented and risk aware, contributing to the safeguarding of our company’s assets and reputation.

• Proficient in digital literacy, including (but not limited to) critical thinking, problem solving and navigation using digital solutions.

• Use and comfortability with a variety of Microsoft 365 applications (Excel, Teams, Viva, Power Automate, Power BI).

• Agility to adapt to changing digital environment, learning new tools and systems.

• Working under time sensitive deadlines.

About Us Hi! We’re Innovation Federal Credit Union. Our purpose is to simplify banking for all Canadians. We like to keep it simple. We have three values – Accountability, Integrity, and Respect – and we are constantly striving to improve our organization to make it better for you (our member and prospective employee)!

How are we different from other Credit Unions? We’ve put in the work to become a federal credit union – just one of three in Canada – to secure the future of our organization and continue to grow across Canada. We are proudly rooted in Saskatchewan, but our vision is national, or as we like to say, “Made in Sask, Built for Canada”.

What Sets Us Apart

• Commitment to Community: $1.1 million was given to local organizations last year who are making a difference
• Strong focus on Diversity and Inclusion: Nearly 22% of InnovationNation proudly identifies as part of a designated group, reflecting our strong commitment to fostering a diverse workplace
• Benefits that start when you do: Our full-time staff participate in a 7% employer-matched pension plan, extended health benefits, employee and family assistance program, and a staff loan rate. These benefits all start on Day 1 of employment, no waiting period!

In the spirit of Truth and Reconciliation, we acknowledge that we are on the traditional territories of the many First Nations, Métis, and Inuit who have graced these lands for millennia. We are privileged to live on, work on and enjoy the benefits of these lands, now known as Canada.