Senior Financial Analyst - Corporate Development

Job ID: 9096 

Working Business Language: English.
 

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 
 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $80,000 - $90,000. Candidates with salary expectations outside of the range are still encouraged to apply. 

About Us
At Wawanesa, we’re proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB
 

The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. To learn more visit wawanesa.com. 

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.
 

The Senior Financial Analyst, Corporate Development, is responsible for overseeing the management of broker financing arrangements. This includes developing loan applications, reviewing and monitoring existing accounts, and fostering effective communication with all relevant stakeholders.
Additionally, the Senior Financial Analyst plays a key role within the Corporate Development team, contributing to the assessment of businesses for potential acquisition or divestiture by Wawanesa Mutual or its subsidiary companies, including Western Financial Group.

Job Responsibilities

• Contribute to profitable growth and quality of the Broker Financing Program by providing financial solutions and related activities for broker customers.
• Ensure that the underwriting of credit applications in a timely manner, for authorization by senior management.
• Ensure sound risk analysis, deal structuring, security and monitoring is afforded to all new and existing broker financing arrangements, minimizing potential losses.
• Respond to any deteriorating credit situations, or non-performing loans in a timely, proactive manner with the goal of minimizing losses.
• Conduct Annual Reviews on existing accounts in a timely manner adhering to compliance regulations.
• Develop strong customer relationships by providing prompt, advice-based solutions to their requests.
• Negotiate credit structure and terms with senior management group and customers.
• Liaise with legal representation in the preparation of Loan Agreements and Security.
• Liaise with other financial institution partners, as required.
• Manage operational activities to ensure accurate and efficient completion of all processes.
• Participate as deal team member for equity transactions as required, which may include financial due diligence and preparing materials for  Senior Executives or Board members.
• Support on competitive analysis an industry benchmarking. 
• Perform other duties as assigned.

Qualifications

• Post-Secondary Degree, preferably within finance, accounting or business. .
• Commercial lending experience (or an equivalent combination of education and experience) would be an asset.
• CFA,  CPA, CBV or other designation would be an asset.
• Strong analytical and business valuation skills, including ability to construct, analyze and critique complex financial models.
• High level of knowledge in financial statement analysis, credit analysis, risk management, capital structures, accounting principles and policies, and complex loan documentation and security would be an asset.
• In-depth knowledge of lending practices, procedures and regulatory environment would be an asset.
• Considerable working knowledge of Microsoft Office suite
• Strong time management and organizational skills, self-motivator.
• Effective communication skills, both written and oral, with strong negotiating skills.
• A team player that can work in a collaborative environment.

Wawanesa is proud to be one of Manitoba’s Top Employers, a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!


Diversity Equity, Inclusion & Belonging
Wawanesa is an equal opportunity employer and is committed to fostering a diverse workforce that is equitable and inclusive for all. Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status: race/ethnicity, colour, religion, creed, sex or gender, sexual orientation, gender identity or expression, family or marital status, pregnancy/childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status. Disability or medical-related accommodations are available upon request throughout all aspects of the recruitment and selection process. Candidates requiring reasonable accommodations may contact, in confidence, jobs@wawanesa.com.   

If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.