Commercial Credit Analyst

Advia Credit Union•Elkhorn, WI

just now•Hybrid

About The Position

This position is accountable for evaluating the financial statements and condition of commercial loan members applying for credit. Researches complex personal and corporate loan portfolio financial statements for loan risk rating and monitoring purposes on a single loan or relationship basis. Performs timely and accurate annual reviews to monitor credit quality and early identification of deterioration of credit quality. Analyzes such items as income, quality of management, market share, potential risks and collateral appraisal. Prepares loan presentations, which include credit analysis and a summary of the loan request. This is accomplished by providing outstanding service to both internal and external members as defined by living and demonstrating the core values of the credit union; Act with Integrity, Drive Progress, Build & Strengthen Relationships and Keep People at the Core.

Requirements

Three to five years of Commercial Credit Analysis Experience.
Minimum of three years of Commercial Lending experience.
Knowledge of Credit Union lending and collections programs, policies, and procedures.
Understanding of financial analysis and credit worthiness.
A clear understanding of general accounting standards as well as general knowledge of business, finance and economics.
An advanced knowledge and understanding of multiple balance sheets and corporate entities with the ability to interpret all forms of financial data and instruments is needed for this role.
Strong analytical abilities.
A college degree.

Nice To Haves

Sageworks credit analysis software experience preferred.
SBA experience preferred.

Responsibilities

Underwrites existing and prospective commercial client requests. Tasks consist of analytical review of all financial statements, comparison of the client’s historical financial performance with industry and trends.
Assesses collateral offered and its marketability to make certain the credit relationships meet internal policy guidelines and regulation standards.
Reviews and ensures commercial loan policy compliance throughout the commercial lending process, including the review of various reports and loan approval conditions.
Works closely with commercial lenders to fully understand the request, establishing and defining credit requirements and risk mitigation to make credit recommendations to the appropriate individual or committee based on credit analysis.
Utilizes and maintains credit analysis software.
Assist the department in training and sharing knowledge with Commercial Credit Analyst I team members.
Assumes accountability for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and with management. This may include coordinating functions with related departments, providing aid as needed, keeping management informed of area activities and of any significant problems, attending and participating in meetings and committees as required and completing required reports and records.
Reviews and helps recommend various reports and other loan approval conditions.
Assumes accountability for establishing and maintaining effective and professional business relations with members and trade professionals. Answers questions and resolves requests. This may include assisting department personnel with administrative tasks as needed, and maintaining and protecting the Credit Union's professional reputation.
Periodically accompany Commercial Lenders on meetings with Commercial Members or at other business development events.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Additionally, all employees must follow policies and procedures to minimize risk by exercising judgment, raising questions to management, and adhering to policy guidelines.