Business Credit Analyst

Prospera is committed to creating meaningful local impact while offering our members more ways to manage everyday banking, grow their wealth, and receive personalized support to achieve their financial goals.

With more than 80 years of service, Prospera is part of the Coast Capital Savings Federal Credit Union family of brands, providing a full range of financial products and services across the British Columbia.

Do you have a keen eye for detail and a passion for delivering a clear business credit application? Are you analytical, process-oriented, and able to evaluate information from multiple perspectives?

We are seeking a Business Credit Analyst to join our Business Banking team. In this role, you will leverage your analytical skills to assess credit opportunities, support sound lending decisions, and help deliver outstanding services to our business members.

Working closely with the Business Relationship Managers, this position helps grow the size and profitability of the commercial lending book while minimizing loan risk and maximizing product penetration. The position also delivers exceptional member experience by providing timely, accurate, concise, and quality credit analysis and underwriting within sound risk management framework.

This role is hybrid remote, with occasional in-office attendance based on business needs.

What you do:

• Working closely with Business Relationship Managers to identify and gather all required information to prepare applications for credit.

• Complete due diligence and investigation on the information.

• Analyze and interpret financial data and project information.

• Assess value of collateral.

• Prepare credit applications, including annual reviews, and make recommendations for new loans, loan renewals and amendments within credit union guidelines and lending policy and procedures.

• Provide creative and flexible solutions in structuring credit with appropriate supporting commentary

• Submit recommendations to the appropriate approval level.

What you bring:

• Strong interpersonal and communication skills with the ability to interact both verbally and in writing with a wide variety of people both internally and externally.

• Excellent organizational and time management skills with the ability to work under pressure and meet deadlines

• Strong ability to anticipate, identify, analyze, and mitigate risks

• In-depth understanding of accounting principles and financial statements, including cash flow analysis

• Good working knowledge of Excel and Word

• Knowledge of business lending policies, complex procedures, techniques, documentation requirements

• Basic knowledge of loan realization

• Excellent knowledge and comfort level with various computer software programs, i.e. Microsoft Word and Excel, banking systems, CRM

• Knowledge of security documents related to commercial loans and business lines of credit.

• 3-5 years previous knowledge and experience in business banking, and/or an equivalent combination of education and experience or;

• 3-5 years’ experience in a business banking position with relevant experience in real estate development & project financing.

Compensation

• Prospera offers a total compensation package of base salary plus incentives that are market competitive and reviewed annually.

• The salary for this role is $64,000.00 to $80,000.00. The final offer will be based on the successful candidate’s knowledge, experience, and internal equity.

Benefits & Wellbeing

• Flexible Benefits Program pick and choose what works best for you.

• Defined Contribution Retirement Plan – let’s start saving and keep your future in mind.

• Vacation, Personal and Wellness time and two Vacation Bonus Days

• Professional development – come to grow your career and develop your skills.

• A supportive, collaborative work environment we’re proud to be a Great Place to Work certified organization.

Our Commitment - Diversity, Equity & Inclusive

At Prospera, we build vibrant and healthy communities by leveraging our unique backgrounds, talents, and perspectives to create a workplace where everyone can thrive. Diversity, equity, and inclusion are at the heart of everything we do, and we are committed to a continuous journey that ensures every employee feels valued and empowered.

We follow a fair and equitable hiring process, considering candidates based on their skills, experience, and potential. When you join Prospera, you’re not just taking a job, you’re becoming part of a team that celebrates individuality and works collectively to make a positive impact.

Accommodations

We believe you belong here. If you require accommodation at any stage of the hiring process, please contact recruitment@prospera.ca. All requests are handled with respect and confidentiality.

Disclaimer: Employment is subject to background checks, including enhanced criminal, credit, and reference checks.

At Prospera, we’re more than a financial institution; we’re a community. Our people are empowered to bring their whole selves to work and make a meaningful difference every day.

Prospera, Coast Capital and Sunshine Coast Financial are part of the Coast Capital Savings Federal Credit Union family of brands.