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Form of workTEAM LOCAL is hiring
Built on more than 75 years of service in local communities, Prospera Credit Union is a community-based, purpose-driven organization that offers a full range of financial products and services. Prospera is one of the largest credit unions in British Columbia, with approximately $6.7 billion in assets and 120,000 members. With 26 branches, Prospera is proud to serve communities throughout the Lower Mainland, Fraser Valley and Okanagan. It's our vision to help build vibrant, healthy communities, thriving local enterprises and financially empowered people. Learn more about us at prospera.ca.
Are you a business banking and commercial financing professional who has a genuine passion for connecting with people? Be our new Business Relationship Manager in our Kelowna area. You will develop a visible profile as a member of the business and professional community and utilize this presence to market the products and services of Prospera.
Make an impact. Apply today.
What you'll do:
- Initiate action for growth and development of an existing business loan and deposit portfolio by analyzing member needs, trends, competitor's offerings, cross selling, and pursuing new business by establishing and maintaining relationships with business community contacts.
- Contact business owners and centers of influence within the market area to identify potential opportunities.
- Complete due diligence and investigation; analyze and interpret financial data and other information; assess the value of collateral security; make recommendations for new loans, loan renewals and amendments within Prospera's lending policy and guidelines.
- Negotiate loan terms, interest rates and fees relative to risk, needs of the borrower and cost of administration ensuring an appropriate return to Prospera.
- Identify and compile all required information to prepare loan applications for adjudication, with support from the region's Business Credit Analyst.
- Determine and recommend whether to retain, expand or de-market existing relationships based on analysis of credit risk, profit contribution and other considerations.
- Refer members to Prospera's other lines of business.
- Refer members to Prospera's external cash management partners.
- Assist the Regional Director, Business Banking with completion of projects.
What you bring:
- Post-secondary diploma/degree, ideally in Business, Finance, Accounting or Economics.
- 5+ years of commercial lending/financing experience.
- Proven business development and negotiation skills.
- Proven experience in business ownership structures and business lending structures.
- Proven experience in financial statement analysis, cash flow analysis, and financial ratios.
- Proven understanding of investment real estate lending.
- Proven experience in reviewing and analyzing commercial appraisal and environmental reports.
- Proven experience in risk assessment and mitigation.
- Knowledge of statutory guidelines and regulations governing commercial lending.
- Advanced understanding of loan agreements and loan security documentation.
- Excellent interpersonal and verbal communication skills with the ability to interact with members, prospects, centres of influence, Prospera colleagues, etc.
Our Values
Cultivate trusting relationships: We are local at heart, aligned in our purpose to help our members, communities, and team thrive.
Empower and enable others: We give each other the space, trust, and tools to succeed.
Lead with curiosity: We approach all circumstances with curiosity and a drive for continuous learning and improvement.
Embrace change and execute with purpose: We plan with agility, take action, and pivot to deliver results.
Thrive as One Team: We collaborate because it strengthens us.
What's in it for you?
Inclusive, equitable and accessible workplace: All team members are valued, respected and heard. We learn from each other's differences, gaining strength through our people and our perspectives.
Training and support. We set our employees up for success with training and continued support and access to resources throughout employment.
Career advancement! We're committed to our employees' growth and development and we want to see you soar.
Fun and camaraderie. We care deeply about our members and our employees, and we want the hours you spend with us to be fun, rewarding and sometimes lighthearted. We like to work hard, play hard, have fun and be there for each other.
Show me the money! We offer competitive pay, a personalized benefits program, and a generous defined contribution pension plan.
Community focused. We care about giving back to the communities we live, work and play in. We participate in many community minded activities throughout the year.
Our commitment to Diversity, Equity and Inclusion
Diversity, equity and inclusion is part of everything we do, and we're on a continuous journey to ensure every employee and members feels like they #BelongAtProspera.
If you require accommodation during any part of the recruitment process, please let us know.
Salary: $77,850.00 to $95,150.00 per annum (Actual salary offered will be determined based on education, experience, and internal equity).
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