Commercial Credit Adjudicator II

Posting #: 26-13
Reports to: VP, Commercial Risk

Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like-minded people toward a common goal?

Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local and investing back into our members, staff, and community; and we are looking for people like you to join our team.

The Role

Reporting to VP, Commercial Risk, or Commercial Credit Adjudicator II will play a key role in supporting responsible credit decisions for our commercial and small business members. This position is responsible for independently assessing and approving complex and large commercial credit applications within delegated authority (DLA), ensuring alignment with the credit union’s policies, procedures, guidelines, risk appetite and cooperative values. Your judgment and financial expertise will support the growth of healthy, sustainable business lending relationships.

DUTIES & RESPONSIBILITIES:

• Adjudicate commercial credit applications, including new loans, annual reviews, and amendments, within assigned approval limits.
• Conduct thorough analysis of financial statements, cash flow, collateral, credit history, and business risk factors.
• Evaluate complex, high value or higher risk loan structures, including syndicated loans and specialized credit and provide recommendations to enhance risk mitigation while supporting member requirements and success.
• Communicate credit decisions clearly and constructively to commercial account managers and other internal stakeholders.
• Maintain a thorough knowledge of the policies and guidelines regarding commercial lending.
• Assist VP, Commercial Risk towards overall risk management of the Commercial Loan Portfolio.
• Ensure compliance with internal credit policies, guidelines, procedures, regulatory requirements and cooperative principles.
• Identify and escalate complex or high-risk applications for further review or approval as required.
• Provide mentorship and review work of other commercial credit adjudicators on the team.
• Participate in periodic credit reviews, risk rating assessments, and portfolio monitoring activities.
• Participate in portfolio stress testing to support regulatory requirements in partnership with the finance team.
• Contribute to ongoing improvements in adjudication practices and credit policy/guideline development.
• Provide guidance and support to frontline staff on credit structuring, underwriting and policy interpretation.
• Maintain accurate documentation and rationale for all credit decisions.
• Stay current with general economic indicators, industry trends/market conditions and apply these knowledges to assess overall credit risk.
• Other duties and tasks assigned by VP, Commercial Risk.

This position is for an existing vacancy within our team.

What we are looking for

• Undergraduate degree in Business, Finance, or a related field.
• Post-graduate degree or other related designation (MBA, CFA, FRM, CA etc.) is preferred but will consider an equivalent combination of relevant education and experience.
• Minimum 5-7 years of experience in commercial lending, adjudication, or credit risk. Previous experience in credit adjudication is preferred.
• Strong knowledge of commercial credit principles, loan products, syndications, financial statement analysis, and risk assessment techniques.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication skills with the ability to convey decisions in a clear, respectful, and constructive manner.
• Proficiency with financial analysis tools and loan adjudication systems.
• Must be bondable

Why work at YNCU?

YNCU employees get to be a part of the growing credit union movement and help us get the word out on why banking locally is so important. We’re your friendly, helpful, and financially savvy neighbour who provides tailored financial services to our members, supports small businesses, creates local jobs, and gives back to causes that matter. Through our Good Neighbours Employee Volunteer Program and Monthly Staff Donation Draws, we even let you choose the causes we donate to and support. YNCU is recognized for the following:

• B Corp Certified
• Competitive Compensation, Incentive Programs and Benefits
• 37.5-hour work week
• 7% matching pension
• Benefits are 100% paid for by YNCU
• Wellness Initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+, and LIFT Virtual Fitness
• Training and Development Opportunities
• Community Sponsored Events Employee and paid Volunteer opportunities
• Opportunities to get involved with fun and meaningful committees
• Free banking account
• Discounted Employee Rates

Salary range: $92,000 – $102,000

The compensation offered to the successful applicant for this role will be determined by the candidate’s relevant skills and experience and internal equity. More information about our total rewards package will be available during the hiring process.

YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.

YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training.

Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at careers@yncu.com.