Commercial Credit Analyst

SCU Credit Union•Brockton, MA

14h•$72,000 - $85,000•Hybrid

About The Position

SCU Credit Union is seeking a Commercial Credit Analyst to join their Commercial Lending team. This role involves analyzing commercial real estate, commercial & industrial, and construction loan opportunities, as well as existing commercial relationships. The analyst will evaluate financial performance, cash flow, collateral, guarantor strength, industry conditions, and overall risk to support SCU's lending decisions. This position acts as a partner to the Commercial Lending and Business Development teams, providing objective credit analysis and recommendations to maintain the strength and quality of the commercial loan portfolio.

Requirements

Bachelor’s degree in Business Administration, Finance, Accounting, Economics, or a related field.
Minimum of two years of commercial banking experience, which may include business banking, middle-market banking, commercial banking, commercial credit, or credit/risk oversight.
Formal training or experience in commercial credit analysis and loan review.
Strong understanding of commercial lending policies, credit standards, loan operations, and regulatory requirements.
Excellent financial analysis, mathematics, written communication, and verbal communication skills.
Strong attention to detail with the ability to manage multiple priorities and meet deadlines.
Ability to work independently and exercise sound judgment.
Strong organizational, problem-solving, interpersonal, and relationship-management skills.
Intermediate proficiency with Microsoft Office and spreadsheet/database applications.

Nice To Haves

Experience with Abrigo/Sageworks and Jack Henry.
Understanding of SBA 7(a), Express, and/or 504 loan programs.
Experience analyzing commercial real estate, C&I, and construction lending.
Experience with portfolio monitoring, risk ratings, and annual commercial loan reviews.

Responsibilities

Review commercial loan applications, financial statements, tax returns, projections, personal financial statements, and other supporting documentation.
Spread and analyze financial information to identify historical trends, strengths, weaknesses, and emerging risks.
Evaluate borrower repayment capacity, cash flow, collateral adequacy, guarantor strength, industry risk, and proposed loan structure.
Perform ratio, trend, and comparative analysis to assess financial condition and creditworthiness.
Develop independent risk-rating opinions and make sound, judgment-based credit recommendations.
Approve loans within established lending authority.
Prepare comprehensive yet concise credit memorandums for new loans, renewals, modifications, extensions, annual reviews, and other credit decisions.
Clearly communicate the strengths, weaknesses, risks, and mitigating factors associated with each credit relationship.
Recommend appropriate loan structures and strategies to improve or strengthen commercial relationships.
Participate in the preparation and review of commitment letters and related loan documentation.
Conduct annual reviews of commercial loan relationships, including analysis of financial performance, collateral, guarantors, and overall relationship risk.
Monitor portfolio performance and identify early warning signs, including late payments and changes in borrower financial condition.
Recommend appropriate risk-rating changes when warranted.
Review appraisals, environmental reports, post-closing documentation, and other credit-related materials.
Work closely with Commercial Lending Officers and Business Development Officers to obtain information and clarify credit issues.
Provide objective credit insight while supporting the goals of the Commercial Lending team.
Research economic conditions, industry trends, regulatory developments, and business information that may affect borrower and portfolio risk.
Assist with special projects and other initiatives within the Commercial Lending Division.
Maintain current knowledge of commercial lending practices, credit standards, loan products, and applicable regulations.
Comply with all applicable federal and state laws, regulations, credit union policies, and training requirements, including applicable requirements related to BSA/AML, Fair Lending, ECOA, FCRA, Fair Housing, HMDA, CRA, OFAC, Regulation O, and the Flood Disaster Protection Act.