Intern- Investment Analyst, Risk

4 weeks ago


Canada Penfinancial Credit Union Ltd Full time

Current need is supporting our Garrison Road Branch in Fort Erie Be a part of something different
We may offer the same products and services as a big bank,but we couldn’t be more different. We’re rooted in purpose and we’re on a mission to improve lives and strengthen communities . We support nearly 20,000 members and businesses digitally, over the telephone, and in-person across a network of six branches across Niagara and Haldimand.
At PenFinancial, our people are our greatest asset and our values speak for themselves: accountability, passion, integrity, respect, and knowledge . We provide all of our employees with a generous benefits package that includes aLiving Wagesalary, defined contribution pension plan and performance-based success sharing. Our commitment to community
We live our brand from the inside out, and ourTruly Local Commitmentstarts with our employees. We encourage our employees to give back to the causes that are meaningful to them and their families by providing opportunities to volunteer and represent our truly local credit union through ourTruly Local Ambassadorprogram. And, we also commit to investing a portion of our profits directly back into our local communities.
We are a proud Certified B Corporation committed to doing business for good, and we choose 100% renewable energy with Bullfrog Power to support environmental sustainability.
Provide exceptional brand experiences for our members or a prospecting member by utilizing knowledge to deliver value-added advice and financial planning services to members. Act as primary resource for account openings. Maintain a high profile and image as the financial institution of choice in the community of the branch by establishing member client and non-member client relationships and business contacts. Complete all administrative duties accurately and as per required timelines – “first time right”. Build value-added relationships with both members and non-members to promote PenFinancial as a financial institute of choice with the community. Act as the primary resource for opening new accounts and effectively match appropriate services to member client needs. internal and external) as well as contact at critical stages or other pertinent thresholds (financial, age, etc.). Provide individualized financial planning, debt consolidation, budgeting advice to members. Meet with families to review accounts of deceased members and provide advice. Lead the account opening process.
Make sound loan and mortgage decisions within discretionary limits and/or make recommendations for approvals and/or declines to manager. As appropriate, sell and cross sell credit union loan insurance products through the education of members.
Complete all administrative duties accurately and as per required timelines – “first time right” including preparing instructions in support of complete, accurate and compliant loan and mortgage documentation. Act as the primary resource for closing accounts and estate administration including claims on share and loan insurance. Ensure that appropriate documents are processed that are associated with the sale of savings and registered and non-registered investment products, transfers, or withdrawals. Support compliant accounts.
Work with and support all staff in the branch to ensure overall exceptional brand experiences for our members. Review and act on all delinquent accounts and maintain a systematic collection procedure for early identification of problem accounts and promptly initiate and/or recommend appropriate action to minimize risk and initiate action under direction of Branch Manager.
3 to 5 years progressive experience in credit union or bank branch with lending limits
~ Active Mutual Funds license which includes completion of the following: Investment Funds in Canada (IFC) or Canadian Securities Course (CSC)



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