Established in 1980, Peace Hills Trust (PHT) is Canada’s first and largest federally regulated First Nation Trust Company serving the financial needs of private, public, First Nations, and indigenous corporations, institutions and associations. Peace Hills Trust is wholly owned by the Samson Cree Nation of Maskwacis, Alberta.
Peace Hills Trust provides financial services across Canada through its network of 8 Regional Offices. Financial services include a full scope of lending instruments, deposit and investment accounts and electronic services for both commercial and personal needs.
Located in Edmonton, Alberta, the Corporate Credit Analyst will report directly to the Vice President of Credit to maintain a diversified, well-performing loan and mortgage portfolio for PHT. The Corporate Credit Analyst will directly engage in undertaking thorough credit and risk analyses of credit submissions; new applications, renewals and annual reviews. The Corporate Credit Analyst will develop relationships with Regional Office credit management and provide ongoing support including credit submission advice, process improvement, training, and mentorship.
Key Accountabilities and Responsibilities
- Assess credit submissions for consistency with corporate credit guidelines, risk factors and lending principles.
- Ensure data entry, coding, financial ratios, and security analysis within credit submissions and on the banking systems are accurate and fully complete.
- Discuss lending parameters such as loan structure, cash flow, collateral, character or other relevant credit factors with the originating Regional Office lending team, applying sound credit analysis techniques to ensure a profitable portfolio.
- Analyze data within credit submissions and provide recommendations with specific attention to security valuations both at the time of underwriting and for ongoing dynamic security analysis utilizing third party reports, company internal data and published industry research.
- Provide analysis of financial statements and cash flow projection, while expressing an opinion on the financial situation of the customer.
- Ensure that all necessary information relevant for decision-making is included in the credit file.
- Provide ongoing support, daily communication and mentorship for individual lending staff as may be required to help their analytical skills and structuring capabilities.
- Provide recommendations or approve credits within delegated lending authority limits with attention to income generation and growth objectives while maintaining a quality credit portfolio that focuses on corporate strategic goals.
- Provide a comprehensive opinion on proposed risks, covering areas such as financial and structural risks, reputation, geographic, economic, pricing, and operational risk, while providing concrete propositions to improve structure and reduce risk where necessary.
- Assess the probability of default by a customer and determine associated risks under company lending guidelines, best practices and risk methodology.
- Provide Regional Office support and Corporate Credit oversight in implementing and executing pro-active account management via specific action plans for accounts with escalating risk.
- Follow and support credit managers on large, high risk or impaired accounts.
- Provide initial recommendations for impaired loans and assist with follow up when necessary to confirm implemented course of action.
- Coach Regional Office credit staff in various areas including security perfection and closing deals.
- Analysis of trends based on geography, product lines and industries, and recommend a proactive plan as needed.
- Assist with analysis for and implementation of Office of the Superintendent of Financial Institutions (OSFI) recommendations as it relates to credit matters including policy and procedure amendments and overall adherence to legislative compliance.
- Assist with credit stress testing as it relates to ICAAP.
- Assist in implementation of recommendations from internal Audit and oversee any outstanding actionable items.
- Provide recommendation for internal process improvements within the credit department, including analytic documents/forms and the credit manual.
- Help prepare and facilitate credit staff training via programs, webinars, dashboards…
- Assist in the preparation of Board Credit Reporting packages when necessary.
- Support all Regional Office credit management in regard to credit policy and procedures as well as structure, security and pricing.
- Provide assistance to credit / account managers whenever necessary.
Education and Experience
- Ideally a post-secondary education in business, economics, finance, or equivalent.
- 7+ years in commercial underwriting within a financial institution.
- Proven understanding of commercial lending services and financial instruments.
- Credit skills including assessment of risk and financial analysis, and credit structuring / solutions.
- Understand residential mortgages, commercial real estate, commercial loans and lines of credit.
- Mature communication and interpersonal skills.
- Experience with mentorship and continuous improvement.
- Direct experience with First Nations would be an asset.
Qualities and Attributes
- Respectful and professional.
- Mature business and financial acumen.
- Resourceful, intuitive, and entrepreneurial.
- Ability to work alone or within a team setting.
- Capacity to assess financial risk; analytical & financial analysis skills.
- Effective attention to detail and a high degree of accuracy.
- High level of integrity and accountability.
A competitive compensation package will be provided including annual base salary commensurate upon experience and skills, benefits, and a bonus structure.
FOR FURTHER INFORMATION OR TO APPLY PLEASE CONTACT: