Commercial Credit Analyst
About The Position
The Commercial Credit Analyst is responsible for the analysis of financial information and legal entity documentation for the origination and renewal of small business loans processed through the bank’s small business credit scoring model. This role involves presenting conclusions documented via high-level loan credit memoranda. The Commercial Credit Analyst is expected to be a positive, motivated team player who works both individually and as part of a high-performing team to assist in achieving the Commercial Lending Department’s objectives, including on-time loan delivery, loan monitoring, and servicing internal and external customers with a high level of accuracy and service.
Requirements
- Some college level work in Business/Finance/Accounting
- Minimum of two years previous banking experience in administrative/analytical support
- Strong verbal and written communication skills, including presenting at meetings
- Ability to deliver excellent service to teammates, sales staff, and customers
- Ability to work in a fast-paced environment while delivering accurate and quality work product
Nice To Haves
- Understanding of Global Cash Flow and Business Cash Flow
- Experience with business financial statements and spreading software
Responsibilities
- Run and Analyze Personal Credit Reports
- Spread Tax Returns and Business Financial Statements
- Analyze Personal Financial Statements
- Collection and control of financial information and legal/entity documentation to complete loan packages for the origination, handling communication with internal business partners and third parties
- Review and understand borrower credit, including credit report, personal and business financial statements, personal and business tax returns, and schedule of real estate owned
- Assist in monitoring key performance indicators for portfolio loans through annual loan reviews
- Process commercial credit card applications
- Work closely with retail branches and private bankers to establish banking relationships with new business clients as well as develop growth within existing client relationships.
- Understand and adhere to Bank credit policy, current bank underwriting guidelines, and current credit appetite
- Participate as a proactive member of the credit administration team, from the start of a loan through to closing
- Special projects as requested from management
- Perform other duties and responsibilities as assigned.
Benefits
- Medical, dental, and vision insurance
- Flexible Spending Accounts (FSA, Dependent Care, Health Savings)
- Employee Stock Ownership Plan (ESOP)
- 401(k) with employer match
- Performance-based bonuses or incentives
- Paid holidays, vacation, and sick time
- Free personal checking and savings accounts
- Home loan rate discounts
- Tuition reimbursement and professional development resources
- On-site gym and discounted health club memberships
- Employee Assistance Program (EAP)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
