Credit Analyst I: Specialty Products

Essex Lease Financial Corporation is Western Canada’s leading independent industrial equipment finance company. Essex is focused on providing straightforward solutions tailored to our customers' needs. We strive to have an economic and social impact, providing responsible leadership in the marketplace, the workplace, and the communities where we live and work. We operate in an environment where trust is paramount. As a company and as employees, we will always conduct ourselves with the highest standards of integrity and professionalism.

Job Overview

The Credit Analyst I: Specialty Products role provides critical support for the adjudication, analysis, development, and customer service aspects of the company’s asset-backed finance (ABF) portfolio, including Asset Backed Line of Credit (ABLoCs), mortgages, and factoring products.

This position requires close collaboration with the Essex sales team, documentation specialists, and customers to provide customized financial solutions that align with client needs. You will be responsible for conducting financial analysis and assisting with product development while ensuring that credit applications are thoroughly reviewed and aligned with company policies. The position also lends support to Essex’s credit department through review and recommendation of standard equipment finance transactions.

This is a full-time position based at our Calgary, Alberta office. This individual will be reporting to the AVP, Credit, as part of a collaborative team. Professional growth within the organization will be encouraged.

Responsibilities

Account Administration:

• Weekly collection and analysis of customer-supplied data.
• Monthly review of accounts to ensure compliance and sufficient security coverage.
• Assist senior analysts with account draw and pay down requests.
• Support Essex Lease Financial Corporation through review and recommending standard equipment finance transactions on an as-needed basis.

Client Service and Support:

• Provide initial contact and respond to basic customer inquiries regarding ABF products under close supervision.
• Research and gather information to address customer concerns related to ABF products, escalating complex issues to senior analysts.
• Maintain accurate and up-to-date customer contact information within the ABF portfolio.

Data Collection and Analysis Support:

• Assist senior analysts with data gathering and entry for market research, customer trends, and ABF product performance.
• Learn and utilize basic data analysis tools to compile and format data reports for internal stakeholders.
• Assist with the creation and maintenance of financial spreadsheets for ABF products.

Product Development Support:

• Assist senior analysts with basic research tasks related to market trends and competitor offerings in the ABF space.
• Compile and organize data for product presentations and reports.

The successful candidate will

• Possess excellent written, verbal, and interpersonal communication skills.
• Be professional, ambitious, and self-motivated with a high sense of integrity.
• Demonstrate strong time management and prioritization skills, with the ability to work independently or collaboratively.
• Exhibit strong attention to detail and data accuracy, alongside strong organizational skills.
• Demonstrate strategic thinking, negotiation, and problem-solving skills.
• Be proficient in quickly learning new software and processes.
• Possess a desire to find solutions that balance customer needs and financial risks.
• Have a natural ability to build authentic customer relationships and interact effectively with a broad spectrum of employees at all levels.

Required Education and Experience

• Post-Secondary Degree in relevant field: Finance, Commerce, or Business Administration preferred but not required.
• Experience in the Equipment Finance / Leasing Industry preferred.
• Competent in the use of MS Office Suite of products, specifically Excel.

Benefits

At Essex Lease Financial Corporation, we pride ourselves on providing rewarding careers where our employees can grow. Our team members are the best and brightest in their field, and we’re proud of our strong supportive work culture. Some of the benefits include:

• Competitive salary and incentive bonus for each fiscal year.
• Excellent vacation entitlement and flex days.
• RRSP matching benefits.
• Health, Vision, and Dental Benefits; including Health spending account.
• Life Insurance, Dependent Life Insurance, and Accidental Death Coverage.
• Education benefits with up to 100 percent reimbursement.
• Free on-site parking.

We are an equal opportunity employer and encourage applications from all qualified individuals. We are committed to providing a diverse and inclusive work environment where every employee feels valued and respected. We will consider accessibility accommodations to applicants upon request.

Essex Lease Financial Corporation is a Canadian-based financial services company located in Calgary, Alberta. For nearly 40 years, Essex has provided new and used equipment financing and leasing solutions to businesses across Canada.

Please browse our website @ www.elfc.ca and contact us for more detailed information about Essex and the financial services we provide.

Job Type: Full-time

Pay: $56,000.00-$60,000.00 per year

Additional pay:

• Bonus pay.

Schedule:

• Monday to Friday.

Ability to commute/relocate:

• Calgary, AB T2C 5N6: reliably commute or plan to relocate before starting work (required).

Education:

• Bachelor's Degree (preferred).

Experience:

• Lease and Loan: 1 year (required).
• Financial Statement Analysis: 1 year (required).
• Equipment Finance: 1 year (required).
• Finance: 1 year (required).
• Credit Adjudication: 1 year (required).
• Commercial Lending: 1 year (required).

Location:

• Calgary, AB T2C 5N6 (required).

Work Location: In person.