Job Title
Commercial Credit Analyst
Job Description
Evaluates the financial condition of individuals and businesses through the annual review process. Analyze and spread borrower and guarantor financials. Other duties as they apply.
Requirements
· Bachelor's Degree in Finance or Accounting preferred.
· 1+ years prior Commercial Analyst/Lending experience is preferred.
· Strong attention to detail and analytical skills are required.
Responsibilities
· Perform annual financial reviews for commercial relationships.
· Spread and analyze business tax returns, business financial statements, personal tax returns, personal financial statements for new and existing credits.
· Complete credit monitoring functions including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring.
· Makes preliminary recommendation to Commercial Department Management.
· Attend and participate in loan committee meetings as required.
· Assures all basic underwriting guidelines are met.
· Develop a working knowledge of the Commercial Loan Policy and NCUA regulations regarding member business lending.
· Oversees and manages financial information in regard to appropriate compliance tracking.
· Maintains expertise in new and current analysis procedures.
· Maintains expertise in new and changing underwriting guidelines and industry regulations.
· Adheres to Credit Union credit standards and works constructively with and abides by credit department guidelines.
Benefits and Compensation:
· Paid Holidays
· Paid Time Off (Vacation, Sick and Personal Days)
· Medical, Dental and Vision Insurance
· 401(k) retirement program with matching funds
· Employer paid Group Term Life Insurance, Short Term and Long-Term Disability Insurance
· Tuition Reimbursement Program
Pay: $55,000.00 - $85,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health savings account
- Life insurance
- Matching gift program
- Paid time off
- Parental leave
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
Application Question(s):
- How many years of commercial credit analyst experience do you have at a bank or credit union?
- What types of loans do you have experience with?
Work Location: In person
