Commercial Credit Analyst

Beacon Credit Union • Fort Wayne, IN

1d • Hybrid

About The Position

Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management quality to decide if loans will be lucrative. The selected employee can be headquartered at various Beacon locations in northern Indiana that have available office space, but preferably Auburn or Wabash. We will consider fully remote status for an experienced candidate, with some travel for training required depending on the location of the candidate.

Requirements

• One to three years of commercial credit analysis or related experience
• Four-year college degree or equivalent combination of education and experience
• Excellent computer skills (Word, Excel)
• Ability to work independently with little or no supervision
• Must be extremely detail oriented
• Excellent communication skills with both internal and external personnel
• Ability to foster sound relationships with outside entities
• A significant level of trust and diplomacy, in addition to courtesy and tact

Nice To Haves

• Knowledge of financial spreads and tax returns a plus

Responsibilities

• Performs the initial and ongoing credit analysis to determine if members' credit requests satisfy policies and procedure guidelines, and prepares and processes all applicable documentation for credit analysis and risk ratings.
• Images and tracks financial documents, including financial statement, tax return, credit report, risk analysis, annual review report, and loan request presentation report, necessary for annual review and loan approval processes for the borrower.
• Prepares a detailed narrative based on the financial trends and ratios delivered in the reports presented to loan committees for loan approval and risk rating score assignment purposes.
• Provides support to Credit Union members and staff in explaining credit policies and procedures.
• Provides and maintains reporting requirements on Credit Union members' credit obligations, such as watch lists and allowance for loan loss calculations.
• Assists in special assignments requested by management and members.
• Provides support for commercial document processing as needed.
• Performs other related duties as assigned.

Benefits

• Health, dental and vision insurance
• Paid time off
• 401(k) match
• Incentive/bonus program
• Tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level