Commercial and Agricultural Credit Underwriter

Commercial and Agricultural Credit Underwriter

Job Category: Banking - Business Lending

Requisition Number: COMME
002175

Working Hours: Monday-Friday, 37.50 hours/week, possibility to work remotely.

Main St Head Office
200 Main St
6th floor
Winnipeg, MB , CAN

Role Overview: Reporting to the Manager, Commercial & Agribusiness Credit Underwriting, the Commercial and Agribusiness Credit Underwriter evaluates, analyzes, and underwrites commercial/agribusiness credit applications (accounts of $10 million and more) aligning with the credit union’s lending policies, regulatory guidelines, and risk appetite. This role supports local businesses and ensures the strength and sustainability of the commercial/agribusiness loans portfolio across Manitoba.

Supports Assiniboine Credit Union’s commitment to rural and agricultural communities, francophone services, values-based banking and triple bottom line accountability to people, planet and prosperity.

• Review, assess, and underwrite commercial/agribusiness credit applications, including new financing requests, renewals, and amendments, ensuring compliance with internal credit policies and regulatory standards.
• Analyze financial statements, business plans, cash flow forecasts, and credit reports to assess the financial health and creditworthiness of business applicants.
• Determine appropriate loan structures, security requirements, and risk ratings while identifying potential credit risks and recommending mitigation strategies.
• Prepare comprehensive credit submissions with clear, objective analysis and recommendations for approval within delegated lending limits or for presentation to higher authority levels.
• Collaborate closely with Commercial/Agribusiness Account Managers to gather necessary information, provide financial insights, and support client relationship strategies.
• Establish credibility and build positive relationships with the Credit Solutions (adjudication) team.
• Monitor assigned commercial/Agribusiness loan portfolios, reviewing financial reporting, covenant compliance, and early warning indicators of credit deterioration.
• Stay current on market trends, regional economic conditions, and regulatory changes impacting commercial lending in Manitoba.
• Maintain current knowledge of industry trends, accounting and regulatory practices, competitor products, and loan pricing.
• Mitigate risk through adherence to policy and procedure with an aim for accuracy and first-time right.
• Ensure all business activities comply with sound business practices, legislation, policies and procedures, and internal controls.
• Maintain compliance and risk management through execution of internal policies and procedures, and maintain ongoing compliance with regulatory and legislative requirements at all times.
• Ensure all Business Financial Centre/Community Financial Centre/Agribusiness Financial Centre programs, policies and processes support ACU’s commitment to rural and agricultural communities, francophone services, values-based banking, respectful workplace and diversity, equity and inclusion.

Education and experience: Diploma or degree in Business (Agribusiness), finance, accounting or related field, plus 5 years of lending experience within a financial institution focusing on Commercial and/or Agriculture lending. Equivalent combination of education and experience considered. Completion of relevant courses in commercial lending, risk management, or financial analysis is an asset.

• Strong financial analysis skills, with ability to interpret complex financial statements and cash flow projections.
• Solid understanding of lending structures, security registration, credit risk assessment, and commercial lending regulations.
• Excellent written and verbal communication skills, conveying complex financial concepts clearly and concisely.
• Proficiency in Microsoft Office applications (Excel, Word, Outlook) and financial analysis software.
• Familiarity with Manitoba’s business and economic landscape, including knowledge of key local industries.
• Analytical skills to notice and resolve errors, problems or numerical data inconsistencies.
• Exc…