Commercial Administration Officer

**Commercial Administration Officer**

East Coast Credit Union is seeking a Full-time **Commercial Administration Officer** to join our team This permanent position is well suited for an individual with experience in a financial institution and administrative expertise seeking an opportunity in a progressive and innovative organization.

East Coast Credit Union is a community-driven financial institution committed to a better banking model. A credit union is like a bank in many ways, but with cooperative ownership and special focus on people, not profits. We redefine the definition of local and bring Nova Scotians from many regions together with honest lending, savings, and investment products. Be part of an organization committed to fostering growth and empowering individuals on our team and in our East Coast community.

Reporting to the Senior Manager, Administration, the Commercial Administration Officer is responsible for the assessment, verification, and timely administration of the Commercial Loan Portfolio in accordance with established policies, procedures and regulatory requirements.

**We offer**
- Outstanding culture and opportunity to join an engaged and community-focused team.
- Competitive compensation to commensurate with experience ($50613.86 - $59,546.28 annually) and benefits with performance-based incentives.
- Assistance with immigration through the **Atlantic Immigration Program (AIP) - we are a designated employer.**:

- Potential for flexible work arrangements including Flex Time, Telework and compressed work week.
- Generous benefit package including a Flexible Health and Dental Plan (paid 100% by employer) and up to 9% contribution with employer match in the Defined Contribution Pension Plan.
- Tuition reimbursement, training, and personal development.
- Additional employee perks include but not limited to annual wellness credit; reduced rates on employee loans/mortgages and paid volunteer time.

**You would**
- Coordinate the administration and management of all commercial loan files; ensure all security documentation is completed in an accurate manner; complete legal opinion/review as required prior to disbursement of proceeds.
- Complete bank confirmations and credit references for borrowing accounts as required.
- Review and analyze the financial information received including both interim and annual financial statements; calculates appropriate ratio analyses and profitability analyses.
- Maintain an appropriate system to ensure the timely receipt of all financial statements.
- Prepare reports for the Business Services team; track commercial targets for referrals and deposits as well as fee collection. Ensure adequate maintenance of reports for all programs such as CSBFA, Provincial Small Businesses Initiative, Micro Lending Initiative, Michelin Program.
- Respond to internal commercial inquiries; assist with the preparation of new commercial account documents as requested and ensure proper documentation is complete.
- Administer and maintain records to ensure annual commercial reviews are completed on time.
- Prepare various correspondences including but not limited to credit term letters, year-end statements, member correspondence, and credit references.
- Maintain a current and thorough knowledge of East Coast Credit Union’s commercial products and services.
- Assist and back-up other members of the Administration Department and complete other duties and projects as assigned.

**You have**
- Completed a certificate or diploma in Business Administration
- Three to five years’ experience in a similar role, preferably in the financial industry, or an equivalent combination of education and experience

**You are**
- Passionate about providing exceptional customer service.
- Self-motivated with a strong work ethic.
- A critical thinker with problem-solving skills.
- Accurate and have a high attention to detail.
- A great communicator with excellent time management and organizational skills.

**Applications will be accepted until: June 3rd, 2025.**

Please note that all offers of employment are conditional upon the acceptance of an Individual Fidelity Bond Application which includes a criminal check and a credit check.

Careers - About Us | East Coast Credit Union (eastcoastcu.ca)

At East Coast Credit Union, we are passionate about creating a diverse, equitable, and inclusive workplace and believe a diversity of perspectives, experiences and backgrounds benefit our employees, our members, and our communities.