Credit Analyst -Bellevue, WA

The Commerce Bank Northwest • Bellevue, WA

2d

About The Position

The Credit Analyst at the Commerce Bank of Washington provides customer service while conducting credit investigations and analyzing loan-related credit information. The role reviews financial statements, financial conditions and trends, cash flow, and loan covenant compliance; prepares credit memorandums and creditworthiness summaries; and maintains complete credit files and oversight of current accounts. The analyst also provides requested credit information, may share rates and loan information with clients, accompanies lenders on business calls, conducts industry research, and assists with special projects.

Requirements

• Bachelor's degree in finance, business, accounting, or a related field; a combination of education and experience may meet job requirements.
• At least 2 years of credit or financial analysis, lending, underwriting, or other directly related experience.
• Working knowledge of financial and spread analysis, credit, lending, and underwriting processes and principles.
• Solid experience working with various types of loans.
• Working knowledge of credit risk and legal and regulatory requirements.
• Ability to work with lending officers and staff.
• Solid client relationship and verbal and written communication skills.
• Ability to make sound loan decisions and recommendations.
• Working knowledge of computer software programs, including spreadsheets and word processing.

Responsibilities

• Conduct credit investigations and analyze credit information pertaining to loans.
• Investigate available credit and financial information from reporting services, credit bureaus, other companies, main office files, and branches.
• Analyze financial statements, related materials, financial conditions, and trends.
• Review and report non-compliance with loan covenants.
• Determine cash flow using appropriate tax analysis.
• Prepare summaries, present facts, and offer opinions concerning creditworthiness.
• Provide credit information and references for customers, loan officers, or other agencies as requested.
• Provide rates and loan information to clients as needed.
• Ensure credit files include proper documentation, including current financial statements and agency reports.
• Monitor current accounts, note payment progress, watch for developing problems, and keep loan officers informed.
• Write credit memorandums.
• Accompany lenders on business calls.
• Conduct industry research.
• Assist with special projects as assigned.

Benefits

• Medical, dental, and vision insurance starting day one.
• Life and disability insurance.
• Paid parental leave.
• Adoption assistance.
• Health savings, flexible spending, and dependent care accounts.
• Paid training.
• Paid time off.
• 11 paid federal holidays.
• 401(k) plan with company match.
• Profit sharing.
• Competitive compensation in line with work experience.
• Mental health benefits, including coaching and therapy sessions.
• Tuition reimbursement for qualifying employees.
• Preferred banking products for employee ambassadors.

What This Job Offers

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