Vancity is a member-owned credit union committed to inclusion and social justice. The Community Business Lending Coordinator is responsible for preparing and maintaining loan documents, ensuring compliance, and liaising with stakeholders to facilitate loan processing.
Responsibilities
- Processing community business administration transactions in areas of funding, loan maintenance and payout in a timely manner, consistent with established standards and service levels, as well as checking diary and processing loan payments
- Preparing accurate and timely security documentation for new internal loans and funding all approved loans including amendment, renewal and interest paid letters, and release of guarantors
- Liaising with internal staff and external solicitors as they relate to document preparation, registrations, funding, etc
- Preparing and processing Letters of Credit for Business Members (renewals of letters of credit, taking fees) and processing renewals for Personal Property Registry and Letters of Credit
- Programming accurate set up of new and existing loans including auto reviews and proactively administering assigned loan applications and monitoring for completeness to facilitate timely funding of assigned loans consistent with members completion date, amending PAPs and taking renewal fees
- Administering and preparing reports for internal and external users
- Processing and administering renewal of loan maturities, draw requests and customer relationship management (CRM) requests
- Applying organizational risk and compliance standards, policies, procedures, and controls to meet regulatory requirements and mitigate risk
Skills
- High School Diploma
- Diploma or degree in Business Administration or a related field
- 1–2 years of experience in financial services, preferably in commercial lending and/or loan administration
- Comfortable with MS Office (especially Word and Excel) and CRM systems
- Demonstrated ability to work with a high degree of accuracy
- Strong verbal and written communication skills
Benefits
- Living Wage Employer: We’re the largest private-sector Living Wage Employer in Canada and consistently ranked among Canada’s Top Employers.
- Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.
- Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time.
- Extra Stat Holidays: In addition to BC’s 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness.
- Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
- Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone.
Company Overview
Vancity is one of Canada’s largest credit unions, with $17.1 billion in assets, more than 492,000 members and 57 branches throughout Metro It was founded in 1946, and is headquartered in Vancouver, British Columbia, CAN, with a workforce of 1001-5000 employees. Its website is http://www.vancity.com.