Peoples Bank Commercial Credit Analyst

Peoples Bank • Lynden, WA

2d • $58,297 - $87,446 • Hybrid

About The Position

As a Commercial Credit Analyst, you will be responsible for supporting Commercial Banking Officers in granting and maintaining sound business loans by developing comprehensive information through analysis of financial, business, and collateral data. In addition, the Commercial Credit Analyst will assist Commercial Banking Officers with portfolio management.

Requirements

• You have a bachelor’s degree in business, Economics, Finance, Accounting, or equivalent experience.
• You have a minimum of 1 years’ experience in credit analysis or equivalent work experience.
• You have a basic understanding of financial statements, tax returns for individuals and all types of business entities as well as understanding of basic accounting principles.
• You have knowledge of and can comply with loan policies and procedures.
• You have excellent communication, organizational and interpersonal skills.
• You have excellent problem solving and analytical skills.
• You are mature, outgoing, and have a professional attitude with customers, prospects, and co-workers.
• You are proficient in MS Office (Outlook, Word, and Excel) and Financial Statement Analysis software.
• You have the ability to make sound decisions, prioritize work, meet deadlines and work independently with minimal supervision.
• You have strong interpersonal skills including professional etiquette and service mentality.
• You have strong business communication skills, both verbal and written.
• You can travel to other Peoples Bank locations and off-site for meetings as required.
• You have a professional demeanor and high regard for confidentiality.
• You can model the Peoples Bank Mission, Vision, and Values.

Responsibilities

• Spreading and analyzing financial statements and tax returns for Commercial Banking Officers.
• Reaching out to customers as directed by Commercial Banking Officers to obtain financial information.
• Identifying loan purpose, sources of repayment and collateral value.
• Preparing Income & Debt Service Schedule and analyzing Global cash flow.
• Preparing Loan approval packages required for credit approval submission.
• Drafting term sheets and commitment letters as directed by Commercial Banking Officers.
• Maintaining current knowledge of external factors, including economic and industry conditions, which affect loan quality.
• Preparing written analysis to accurately identify problems, trends, and material changes in financial statements, cash flow, and ratios.
• Performing all functions of financial statement spreading software and commercial loan origination system.
• Supporting Commercial Banking Officers in management of maturing loans.
• Alerting Commercial Banking Officer and Credit Administrator to problems or unusual trends.
• Complying with governing regulations by maintaining current knowledge of commercial law, UCC and banking regulations/ policy to ensure conformity with required laws and terms.
• Accompanying Commercial Banking Officers on customer calls for information gathering purposes as needed.
• Supporting functions of the Commercial Loan Assistant.

Benefits

• Hybrid work from home options for most non-customer facing positions.
• Profit Sharing, Incentives, and other Bonus Structures, based on your position.
• 12 days of paid vacation
• 2 paid wellness days
• 2 days of paid community service time
• Paid sick leave that is accrued based on hours worked.
• 11 paid holidays throughout the calendar year.
• Medical, Dental and Vision Insurance
• Mental Health Resources
• $200 annual reimbursement for wellness related expenses.
• 8% 401(k) employer match
• Life and disability plans.

What This Job Offers

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