Commercial Credit Analyst
About The Position
Join Corda Credit Union as a Full-Time Commercial Credit Analyst and be at the forefront of facilitating financial growth for our valued clients. This onsite position in Cedar Rapids, IA, offers you the chance to work directly with local businesses, analyzing their financial health and providing critical insights that drive decision-making. Collaborate with a dedicated team in a professional environment, where your contributions make a real impact on the community. You will develop your skills in credit risk assessment and financial analysis while adhering to our core values of member-centricity and excellence. Embrace the opportunity to shape the future of commercial lending in your community and advance your career in a supportive atmosphere. With a competitive starting salary, you will also enjoy great benefits such as medical, dental, and vision insurance. Additional benefits include the option to participate in our 401(k) plan with a generous employer match, paid time-off (vacation, sick, and volunteer time), and employee discounts. Ready to make a difference? Apply today to become part of our dedicated team. https://www.cordacu.org/careers/ What it is like to be a Commercial Credit Analyst at Commercial Credit Analyst As a Commercial Credit Analyst at Corda Credit Union, you will play a pivotal role in evaluating the creditworthiness of both existing and prospective members. Your responsibilities will include gathering and analyzing financial information related to new loan requests, renewals, participations, and periodic monitoring. You will underwrite these requests by identifying strengths, weaknesses, and mitigating factors of each credit and assign accurate risk ratings. By translating complex financial data into clear and actionable insights, you will provide valuable recommendations for loan approvals or denials to commercial originators, and loan approval committees including senior management. Your analytical skills and ability to communicate effectively will directly contribute to informed lending decisions that support our members and strengthen our community. Are you a good fit for this Commercial Credit Analyst job? To thrive as a Commercial Credit Analyst at Corda Credit Union, you will need a solid foundation in financial analysis, particularly in interpreting balance sheets, income statements, and both personal and business tax returns. Proficiency in Microsoft Office is essential for creating detailed reports and presentations. A strong understanding of credit underwriting processes will enable you to assess loan requests accurately. Excellent communication skills are imperative, as you will need to convey complex financial information clearly to commercial originators and loan approval committees including senior management. Additionally, familiarity with lending regulations and commercial underwriting best practices will ensure that all financial evaluations adhere to industry standards, helping to maintain the integrity and security of our lending operations. These skills will empower you to make impactful contributions in your role at Corda Credit Union. Join us! If you think this job aligns with your requirements, then submitting an application is simple. Good luck!
Requirements
- solid foundation in financial analysis, particularly in interpreting balance sheets, income statements, and both personal and business tax returns
- Proficiency in Microsoft Office
- strong understanding of credit underwriting processes
- Excellent communication skills
- familiarity with lending regulations and commercial underwriting best practices
Responsibilities
- gathering and analyzing financial information related to new loan requests, renewals, participations, and periodic monitoring
- underwrite these requests by identifying strengths, weaknesses, and mitigating factors of each credit and assign accurate risk ratings
- provide valuable recommendations for loan approvals or denials to commercial originators, and loan approval committees including senior management
Benefits
- medical insurance
- dental insurance
- vision insurance
- 401(k) plan with a generous employer match
- paid time-off (vacation, sick, and volunteer time)
- employee discounts
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
