Financial Solutions Specialist
At a glance
Mid-level Solutions & Sales Engineering role at PenFinancial Credit Union. Welland · full-time.
In listing
Growth Roles summary, based on the employer's posting.
What you'll do
- Meet members to gather details for loan and mortgage decisions within your lending authority
- Advise members on budgeting, debt consolidation, investments, and related financial options
- Open accounts, process mortgages and other lending requests, and keep documentation accurate
- Promote additional services, including loan insurance, while supporting branch campaigns and member needs
- Monitor delinquent accounts, start collection actions, and recommend steps to reduce lending risk
What you bring
- At least three years progressing through lending work in a credit union or bank branch
- Experience working with lending limits and making or recommending loan and mortgage decisions
Who this fits
This role suits someone with established branch lending experience who can combine member advice, sales, administration, and risk follow-up. You will work onsite in Welland, support Saturday rotations, and back up Member Service Representatives when needed.
From the employer
Be part of something different
PenFinancial Credit Union is a member-owned financial institution dedicated to improving lives and strengthening communities across Niagara and Haldimand. Serving nearly 20,000 individual members and businesses, we offer full-service digital and in-branch banking backed by honest advice and local expertise. Guided by cooperative values — accountability, cooperation, respect, and trust — our people are at the heart of everything we do, and our values shape how we listen, collaborate, and serve our Members and communities.
A Living Wage employer with a deep Truly Local Commitment, PenFinancial reinvests a portion of its profits to support programs and initiatives that make a meaningful difference. We’re proud to support our teams with competitive compensation, performance-based success sharing, a defined contribution pension plan, wellness supports, and opportunities for ongoing learning. As a values-driven alternative to traditional banks, PenFinancial is built to put people — not profits — first. Learn more at PenFinancial.com.
Provide exceptional brand experiences for our members or a prospecting Member by delivering value-added service to members including loans, mortgages, registered and non-registered investment products and keep a watch for opportunities to promote other member services to support member success. Complete all administrative duties accurately and as per required timelines – “first time right”. Make sound lending decisions within limits.
Differentiating Accountabilities (Duties may vary by branch location and size):
- Meeting with members to gather all required information needed to make sound loan and mortgage decisions within discretionary limits and/or make recommendations for approvals and/or declines to manager. Identify opportunities to promote other member services to support member success. As appropriate, provide individualized financial counseling (i.e. debt consolidations, budgeting) and information to members. Meet with families to review accounts of deceased members. Lead the account opening process. As appropriate, sell and cross sell credit union loan insurance products through the education of members.
- Complete all administrative duties accurately and as per required timelines – “first time right” including preparing instructions in support of complete, accurate and compliant loan and mortgage documentation. Ensure accurate on LOS. Provide documentation for solicitors. Conduct PPSA/Credit Bureau reports. Balance and process CDI/CI/CL reporting and remittance. Address loan extension requests, substitution of security, and complete problem solving to best suit the members’ needs. Prepare and process CAFTs, mortgage renewals, extensions, and add-backs. Check credit files, registered (TFSAs, RESPs, RRSPs, and RRIFs) and nonregistered investment entries processed by other staff to meet risk management requirements. Accurate prepare all estate related administration. Respond to all assigned reports.
- Work with and support all staff in the branch to ensure overall exceptional brand experiences for our members. Be a positive influence on the culture within the branch. Actively support all branch campaigns and promotions. Back up MSRs as needed. Support the Saturday rotation schedule.
- Review and act on all delinquent accounts and maintain a systematic collection procedure for early identification of problem accounts and promptly initiate and/or recommend appropriate action to minimize risk and initiate action under direction of Branch Manager.
- Interview and advise members regarding investments, including but not limited to GICs, TFSAs, RRSPs, RESPs, etc., and make referrals to appropriate staff as necessary.
- Perform other assigned responsibilities.
- 3+ years progressive experience in credit union or bank branch with lending limits
Target Salary: $56,340
Salary Range: $53,025 - $66,281
Salary will be determined based on skills, experience, education and other qualifications relevant to this position.
This role is an existing vacancy
Artificial Intelligence (AI) could be used in the application process
- To learn more visit https://www.penfinancial.com/careers
While we welcome all applications, only those who are selected for an interview will be contacted.
Accessibility accommodations will be made for job candidates upon request.
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