Skills

Risk Management Customer Service Networking Organization Recruitment

Job Specifications

Are you a student or recent graduate looking for an exciting opportunity to grow your skills in the financial industries sector? FirstOntario Credit Union is excited to welcome students to work at our organization from April to September, 2026.

The Advantages To Being a FirstOntario Summer Student

Competitive wages and Career development opportunities
Volunteer opportunities through Blue Wave
Enhanced mental health benefits through TELUS Health
Access to our Employee Assistance Program which is designed to improve your mental and physical health and productivity at work, school, and home

Job Overview

The Junior Business Analyst, Commercial Services is responsible for supporting the Commercial Services goals by achieving targets and objectives while providing solid advice on products, and services to Commercial Members. As a key member of team, they support the risk and portfolio management.

Role

Efficiently support the Business Banking Team, Commercial Services in the preparing and presenting high-quality proposals by analyzing and conducting proper due diligence for medium to high complexity loan proposals
Develop appropriate terms, pricing, conditions and covenants while ensuring thorough credit analysis, due diligence and sound account management practices
Prepare loan packages and, when necessary, negotiate with internal partners on structuring the deal to ensure compliance with policies and procedures
Prepare reports and assist with compliance related tasks
Prepare credit analysis/memos including modelling of portfolio performance as well as financial modelling across a variety of asset classes
As directed, gather items required for the administration of commercial files
Be actively involved in adjudicating and reviewing of Commercial lending, risk, and reward
Work with your manager to meet annual review and risk management standards for the Commercial Portfolio including structuring transactions
Diligently complete detailed commercial reviews through the breakdown and analysis of financial statements and recommendations to mitigate any new or changing risks
Concentrate on department goals and objectives, and portray a strong positive image to our members and the community
Over deliver on set targets and planned initiatives in the region by identifying new opportunities within the loan management and origination process
Consider health & safety as a primary concern to ensure the overall well-being of your team and members
Perform other duties we may need you to do

Required Skills

Have a sound business acumen which you built from the ground up while pursuing a post-secondary diploma or degree in business or related field or an equivalent combination of education and experience
Utilize your understanding and/or experience in Real Estate Development and Construction
Be well versed in the identification of risk and warning trends on Commercial Loans
Be extremely knowledgeable about small business and commercial banking products and services
Innately detail-oriented, analytical, and have an incredible passion for ensuring the accuracy of numerical data and cost-effective use of company budget dollars
Be well-versed in the world of customer service
Be extremely comfortable using a computer particularly MS Office
Be quick to respond to requests for service from all of your members
Be aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario policies and procedures
Be willing to work flexible hours to accommodate business need, networking and community involvement

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.

Salary: $26.51 per hour

About the Company

When you do your everyday transactions, borrowing and investing with FirstOntario, you’re not just a member, you’re an owner. By joining FirstOntario, you become part of a special kind of organization – one that shares its profits and decision-making with the people who use its services. With FirstOntario, you have a relationship with decision-makers from your own community, and you have a say in how we’re governed. Today, FirstOntario Credit Union serves more than 115,000 Members with a full suite of banking products an... Know more