Posted 12 days ago
Business Analyst / Senior Business Analyst Commercial Services
@ FirstOntario Credit Union
Hamilton, Ontario
Overview
FirstOntario Credit Union is hiring a Business Analyst or Senior Business Analyst, Commercial Services, to support commercial lending: preparing credit analysis, loan proposals and portfolio reviews for commercial members. The role is full-time, hybrid in Hamilton, ON, with a salary range of $59,078 to $96,155 annually and a flexible work environment.
Pay:
$59,078–$96,155 a year
Responsibilities:
- Prepare loan packages and credit memos with financial modelling
- Conduct due diligence and credit analysis on commercial loan proposals
- Review commercial portfolio risk and financial statements
- Prepare reports and assist with compliance tasks
- Senior roles manage a small commercial borrower portfolio
Requirements summary:
- Post-secondary diploma or degree in business or related field, or equivalent experience
- Up to 4 years of commercial lending or credit adjudication experience
- Knowledge of small business and commercial banking products
- Strong MS Office skills
- Willingness to work flexible hours
Tools & skills
Benefits mentioned
Source and dates
Source type not verified · prevue
- Employer posting date
- 2026-10-25
- First seen by our source
- 2026-10-26
- Source record updated
- 2026-10-26
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Entry level |
| Department | Finance & accounting |
| Hours per week | 40 (estimated) |
| Schedule | day, evening |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Education | Bachelor’s degree (preferred), College diploma (preferred) |
| Fields of study | Business |
| Perks mentioned | Retirement plan, Wellness, Home office allowance |
Summary and details written by AI from the posting; the employer’s posting is the authority.
FirstOntario Credit Union
Saved company profile
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Full company description
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 and has 29 locations serving 14 communities within the Hamilton, Halton, Niagara, Haldimand/Norfolk and Oxford regions.
- LinkedIn followers
- 11,946
- People associated on LinkedIn
- 594
- Reported office locations
- 970 S Service Rd, Hamilton, ON L8E 6A2, CA
- Other recorded names
- FirstOntario Credit Union
- Profile identifies a recruitment agency
- No
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…
| Field | Value |
|---|---|
| Industry | Banking |
| Company size | 201-500 employees |
| Headquarters | Hamilton, ON |
| Organization type | Privately Held |
| Year founded | 1939 |
| Open jobs on Jobsy | 25 |
| View page |
Why FirstOnario?
- Competitive compensation packages
- Top-tier health and wellness benefits, including comprehensive benefits packages, a health spending account and a personal spending account
- Enhanced mental health benefits through SunLife and TELUS Health
- Exclusive banking benefits
- Up to $1000 per year towards professional development
- Pension Plan
- Flex-work environment
- Company-wide Employee Volunteer program (Blue Wave Program)
- Employee and Family Assistance Program
Job Overview
The 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 Account Manager, Commercial Services or Credit Solutions 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
In addition to the duties outlined below, a Senior Business Analyst will also be responsible to:
- Provide support and due diligence analysis for larger, more complex credit requests
- Independently research, analyze and prepare credit applications for their manager(s) as directed
- Independently manage a small portfolio of commercial borrowers including member contact
- Interact directly with members for purposes of gathering information and responding to member enquiries
- Prepare more complex reports as requested by their manager(s)
- Assist with training less experienced Business Analysts
- Participate in community events and networking events to represent FirstOntario
Required Skills
- Have a sound business acumen which you built from the ground up with a post-secondary diploma or degree in business or related field or an equivalent combination of education and experience
- Have up to 4 years of Commercial lending experience and/or commercial credit adjudication experience. May also be hired for co-op programs and/or be business school graduate
- 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 and Credit
- 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
This position may be filled at either the Analyst or Senior Analyst level. The level, responsibilities, and compensation will be determined based on the successful candidate's skills, experience, and qualifications.
This role is hybrid in Hamilton, ON.This posting is for an existing vacancy.
Salary Range: $59,078 to $96,155 annually.
Compensation for this role reflects a combination of skills, experience, and internal equity. Those whose experience more closely aligns the role's requirements may be placed higher within the salary range. You will learn more about FirstOntario Credit Union's total rewards package during the interview process.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.
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