Location

800 Bay St., Toronto, ON M5S 3A9

Job Type

Full time

Target Salary Range

$55,000 - $60,000

The compensation for this position is determined by a combination of skills, experience and is aligned to the market in which the job is posted. Your recruiter will provide additional details about our total rewards package during the hiring process.

Vacancy Status

This job posting is for an existing vacancy

Scope of Position The Community Business Banking Officer (CBBO) is the lead role involved in outbound, banker-initiated contact of members/clients using in branch renewal lists, branch and marketing lead lists for Personal and community small business members/clients. The focus of this role is to contact and meet with designated members/clients in an effort to understand and meet their overall day to day banking and cash management needs, consolidate share of wallet and refer to more senior bankers as required. Sales are driven by appointments generated from the pro-active calling and up selling of referrals that have been provided by other sales professionals.

CBBO contribute to meeting team sales plan and related activities through effective assessment of members/clients’ financial needs. Provides product and service solutions (of medium to high complexity in both credit and investment) through effective interviewing and probing, delivering financial advice designed to satisfy the members/clients’ total financial needs. Recognizes and acts on referrals and sales opportunities and maintains relationships with business partners to optimize business opportunities and referrals.

Major Responsibilities

Meet sales targets by delivering products and services that puts the members/clients’ needs first

Proactively promote/sell and deliver a full range of banking products and services to meet our members/clients’ needs

Follow sales and service model by attending and actively participating in branch meetings, huddles, initiatives and campaigns

Maximizes sales opportunities by using effective sales interviewing skills that uncover longer term financial members/clients’ needs

Provide financial advice to members/clients with investment/credit needs requiring moderate financial solutions, using Alterna’s financial calculators

Acquire and refer potential high value members/clients’ relationships to IAs,



SME and external partners

Maintain a working knowledge and understanding of all products and services we offer and keep up to date with procedural changes.

Understand and apply risk-based pricing models and use rational pricing discretion to ensure every customer is profitable.

Uses sales and service tools to support members/clients interactions (i.e. Excel, Financial Calculators, STARS)

Develop and implement a proactive members/clients call plan

Follow through on self generated sales and retention leads

Follow through on referrals from other internal staff

Identify and set personal development plan and complete activities set in plan

Actively participate in regular coaching sessions

Compliant with anti money laundering guidelines

Perform other duties as assigned

Meets contact commitments as defined by sales plan

Meets sales objective as defined by sales plan

Satisfies members/clients short and longer term financial needs of members/client

Identify and duly note any exceptions to policy and procedures when recommending approval for credit

QUALIFICATIONS

Education / Certification / Experience

Post secondary education combined with 3 years related experience in a financial institution or an equivalent combination of education and experience

Proven track record in sales

CSC or IFIC course an asset

As part of continuing education enrolled in Financial Planning or other similar type programs

Experience in providing credit solutions

Knowledge / Skills

Detailed working knowledge of investment and good knowledge of lending and mortgages sufficient to analyze members/ needs, explain features and benefits and place the product for the members/clients

Sound knowledge of various computer applications such as Excel, Word etc

Good knowledge of the sales process and strong communication skills to interview effectively to uncover members/clients’ needs

Good problem-solving skills sufficient to identify,



analyze and resolve complex members/clients’ issues/problems

Solid negotiation skills to deal with members/clients’ solutions and sales

COMPETENCIES

Members/clients/Client Centricity-Builds positive members/clients relations

Continuous Learning & Agility-Seeks to improve and maintain personal effectiveness in high demand situations

Teamwork-Contributes positively as a team members/client

Achievement Orientation-Continually improves personal performance

Adaptability-Adapts ones work to a situation and a variety of changes

Decision Making & Problem solving-Makes decisions and solves problems by interpreting policies and guidelines

Impact & Influence-Adapts rationale to influence others

Initiative-Addresses imminent issues or opportunities

Professional/Technical Expertise-Demonstrates in-depth knowledge as relates to the job’s role

About Alterna Savings

Alterna Savings and Credit Union Limited (Alterna) has been the Valuable in Banking™ for over 115 years creating financial services that transform lives for the better, all while giving back to our community. Alterna is made up of Alterna Savings and Credit Union Limited and its wholly owned subsidiary, Alterna Bank.

As the first full-service, member-owned cooperative financial institution outside Quebec, Alterna Savings shares its expertise with over 210,000 members through a network of over 40 branches across Ontario, as well as call centre and digital channels. Members and customers also benefit from an industry-leading online brokerage and investment management services.

Working at Alterna

We are incredibly proud of our corporate culture of Integrity, Respect and Collaboration, where everyone works together towards a common goal; the financial wellbeing of our employees, members and customers. This commitment has earned us several prestigious employer awards, including the National Capital Region's Top Employers award for eight years running.

Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills, and competencies outlined above.

Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact our Recruitment Team and let us know how we can accommodate you.

📌 Community Bus Banking Officer (Winnipeg)
🏢 Alterna Savings
📍 Winnipeg