Sr Associate, Syndicate Lending

Senior Associate, Syndicate Lending & Corporate Banking

1 FULL-TIME PERMANENT POSITION

The Opportunity

The Senior Associate, Syndicate Lending & Corporate Banking is responsible for providing administrative support to the Lending and Banking Services department, including administration and funding of Alberta Central's loan portfolio, client settlement accounts, as well as assisting in preparation of loan reporting to the Director, Syndicate Lending & Corporate Banking Services. This position has a sound understanding of banking operations and commercial mortgage lending and is a resource and support to both internal and external stakeholders.

What You'll Be Doing

• Maintain and update all procedures and forms required to open and properly document the operation of Canadian and U.S. current accounts and deposit accounts for external and internal customers, and staff Master Cards.
• Investigate and correct any discrepancies related to clearing and settlement activity in current accounts in accordance with Canadian Payment Association rules and regulations.
• Perform account reconciliation processes on internal accounts, including those used for AFT, Wires, and Non-postable items.
• Perform daily settlement activity for designated member accounts as needed.
• Provide daily real time posting of wires transaction entries as necessary
• Manage account administration fees and charges and perform account cost analysis on specific accounts as identified by management to ensure the company is achieving cost recovery.
• Administer the credit union and cooperative loan portfolios and the syndicated loan portfolio.
• Prepare & input loan payments and syndicate partner payments while maintaining accurate accounting and reporting records.
• Provide additional back-up to the Associate, Syndicate Lending & Corporate Banking when required. This includes daily settlements, posting of banking transactions, CEBA payments, and Mastercard Payment Cards.
• Track and collect Banking & Lending administration fees which include automated funds transfer fees, statement fees, PPR & Land Title searches and fees, Equifax searches and fees, corporate searches and fees, PPJV fees, and CMHC claim settlements fees.
• Review, and verify loan documentation and funding information from various stakeholders and third parties, to ensure all funding requirements are met in time for the established funding date
• Provide mentorship and guidance to junior team members.
• Prepare, track and administer letters of credit.
• Assist in the preparation of annual reviews of all borrowing relationships & members under the syndicated commercial lending program.
• Maintain a working knowledge of banking floor, consumer lending, and consumer mortgage operations, regulatory developments, and best practices, and support related credit union inquiries and requests for support including the forms and manuals program.
• Support risk management and effective governance by maintaining compliance with policies, procedures and controls both corporately and within area of responsibility, ensuring they are operating effectively and escalating discrepancies to management.
• Participate in internal and external audit processes.
• All other duties as assigned.

How You'll Succeed

Must Have

• Related university degree and a minimum of 8 years related experience; or a combination of formal education and experience.
• Understanding of commercial mortgages, funding procedures and legal mortgage terms
• Previous commercial financial services industry experience
• Highly organized and detail-oriented with the ability to set priorities and effectively manage multiple tasks
• Proven ability to work independently and in a team environment
• Strong analytical skills with proven quantitative problem-solving and decision-making skills
• Possess good communication and organizational skills
• Proficiency Level of Microsoft Office Suite: Word - intermediate, Excel – intermediate /advanced, PowerPoint - basic and Outlook – intermediate
• Must be bondable

What Alberta Central Offers

Alberta Central is committed to fostering a corporate culture that is market responsive, innovative, and flexible, with a workplace environment in which everyone in the organization feels aligned with common goals and values. At Alberta Central, we are fueled by our values, which ask each employee to be brave, innovative and community focused.

For 2025, we were selected as one of Alberta's Top 85 Employers thanks to the many things that make Alberta Central such a great place to work, including our dedicated employees, flexible work schedule, learning and development opportunities, comprehensive benefits package and more.

Alberta Central is also an Employer Partner of the Canadian Centre for Diversity and Inclusion (CCDI), which demonstrates our commitment to working to achieve diversity, equity and inclusion success by leveraging the extensive resources, learning materials and a comprehensive Knowledge Repository available from the CCDI.

Our Perks

• Competitive compensation and a short-term incentive program
• Comprehensive benefits plan and co-operative pension plan
• Learning and development opportunities and continuing education
• Open concept environment and office space located near transit in the Beltline
• Hybrid work options and flexible work from home locations
• Friendly team atmosphere and casual dress environment
• Free banking services and free access to an in-house fitness facility

About Alberta Central

Alberta Central is the central banking facility and trade association for Alberta's credit unions. We are owned by 12 credit unions across Alberta that together have more than $33 billion in system assets and serve more than 640,000 members at 198 branches across Alberta.

At Alberta Central, credit unions come first in everything we do. We work to connect credit unions to the products, services, knowledge and partnerships they need to be successful and to grow.

Alberta Central is focused on ensuring the long-term success of all Alberta credit unions and positioning ourselves as leaders in the future of the credit union system, and we want you to join us on this exciting journey.

Learn more about the Credit Unions of Alberta brand, which is what we use to share the credit union difference in the community, at or by following us on social media at the links below.

Inclusion and Equal Opportunity Employment

At Alberta Central we believe that a diverse, equitable, and inclusive environment is essential to the success of our organization. We are committed to fostering a workplace that creates a culture of belonging where every employee is empowered to reach their fullest potential.

Prioritizing inclusivity in our hiring practices we are dedicated to embracing differences in background, experience, thought, and identity and strive to create an environment where everyone has equal opportunity to thrive and grow. Our commitment to DEI is rooted in the belief that a wide range of perspectives strengthens our ability to innovate with the purpose of moving the Alberta credit union system forward.

To express your interest in this position, submit your current resume along with a cover letter quoting Competition #