Commercial Analyst

Atlantic Central is currently accepting applications for a Commercial Analyst.

We are passionate people committed to top notch customer service and partnering with our credit unions across the Atlantic provinces to enable the Atlantic credit union system and the communities they serve to thrive.

We strive to empower and support the growth of our employees in our team environment and we want YOU to join our team!

Atlantic Central is the trade association for credit unions in Atlantic Canada, with offices in Halifax, Riverview, and Charlottetown. We provide a range of services, leadership and advocacy at the provincial, regional and national levels. Collectively, the 42 credit unions we support are entrusted to manage $12 billion in mortgages, loans and deposits on behalf of 294,000 Atlantic Canadians.

The company’s operations also integrate those of our subsidiary, League Savings and Mortgage Company (LSM), a federally regulated provider of wholesale banking services to credit unions, with assets under administration in excess of $2 billion.  LSM, a trusted credit union partner for over 50 years, is evolving its business model and is expanding into new markets and expected to experience significant growth over the next several years.

In the role of Commercial Analyst, you will contribute to the growth and credit quality of the commercial mortgage portfolio by preparing commercial mortgage credit applications and annual reviews for adjudication, developing and managing relationships with a variety of stakeholders and promoting and cross-selling our products and services. You will also assist with the analysis of potential Canada Mortgage Bond transactions and preparation of credit submissions and provide support to the collection of delinquent commercial loans.


  • Contribute to the business development activities of the companies through;
    • Acting on identified potential lending and/or deposit business opportunities
    • Developing and fostering a network of relationships with partners, borrowers and other stakeholders
    • Researching the market to determine active property developers/investors
    • Cold calling to seek opportunities to discuss potential funding opportunities
  • Conduct appropriate due diligence and analysis to determine the strength of complex loan applications.
  • Prepare commercial mortgage annual reviews by conducting credit investigations, gathering information, analyzing financial statements, carrying out site inspections, pricing reviews, updating risk ratings and recommending required actions.
  • Identifying opportunities for additional financing.
  • Conducting detailed analysis of potential Canada Mortgage Bond transactions, and preparing credit submissions.
  • Assisting in collections activity in relation to commercial accounts and the foreclosure and sale of commercial properties.
  • Staying current with market information and commercial mortgage trends, conducting research as required.

This position will be based in our Halifax, NS or Riverview, NB office, but offers the ability to work remotely as required.

This position requires occasional travel, sometimes overnight, through Atlantic Canada and occasional evening and weekend work.

As the ideal candidate you will have successfully completed a Bachelors Degree with an emphasis in Finance or a related discipline plus have a minimum of 5 years Commercial Lending experience; or equivalent combination of training and experience.

You have a knack for identifying strategic opportunities and fostering relationships and partnerships focused on business development, coupled with excellent oral and written communication skills, and the desire to set and work to meet challenging goals.  You have a solid working knowledge of the CMHC applications process, commercial real estate and appraisal techniques, commercial and residential mortgage process, and apply a solution focused approach in dealing with complex loan applications.  You are an analytical thinker, especially when it comes to reading financial statements understanding or writing complex proposals or making sound lending judgement calls.

This is a full-time position and is rated a Salary Level CU-7 ($67,941 – $79,931). Atlantic Central offers a competitive benefits package as well as the opportunity to participate in the Performance Sharing Incentive Plan.

Applications will close on January 21, 2022.

If this sounds like you, please forward your résumé and salary expectations in MS Word or PDF format in confidence, to

Atlantic Central and League Savings and Mortgage believes a vaccinated population is a vital part of protecting us, our friends, our families and communities from COVID-19 and the developing, fast-moving variants. With this in mind, we require all our employees to be fully vaccinated as a condition of employment, subject to the Company’s duty to accommodate under applicable human rights legislation. For clarity, “fully vaccinated” means having the full series of doses or combination of doses of a vaccine approved by Health Canada or applicable provincial health authority, and at least 14 days have passed since the last dose of the full series was received.