Credit Analyst - Commercial

Scale Bank•Edina, MN

About The Position

The Commercial Credit Analyst supports the Commercial Lending team in protecting the company’s financial assets. The role uses independent judgment and discretion to investigate credit requests, coordinate credit reviews, and manage credit risk within the portfolio. The analyst evaluates client and prospect financial information, prepares loan reviews and credit presentations, supports the sales process, and assists with credit-risk monitoring. The position has no supervisory or other work-direction responsibility over other employees. Responsibilities and activities may change at any time, and this description is not intended to be a comprehensive list of duties.

Requirements

Bachelor’s degree in finance, accounting, or a related discipline.
Proficiency with Microsoft Office products, particularly Excel.
Ability to manage multiple projects and deadlines effectively.
Ability to establish and cultivate trusting professional working relationships.
Ability to express ideas and opinions clearly and directly, verbally and in writing.
Ability to collect and analyze data, draw sound conclusions, and formulate recommendations addressing critical variables.
Ability to foster shared purpose, collaboration, and accountability for results.
Curiosity and eagerness to learn and understand complex information.

Nice To Haves

1–3 years of experience preferred.
Previous banking or financial services experience strongly preferred.

Responsibilities

Analyze client financial statements, ratios, credit reports, third-party sources, and other relevant data to assess creditworthiness.
Provide Relationship Managers and decision-makers with accurate information and sound creditworthiness assessments.
Monitor assigned accounts, identify significant problems, and bring them to the attention of account officers and relevant parties with recommendations for action.
Assist with administration of financial statement tracking software.
Communicate proactively with Relationship Managers and clients to obtain information needed to complete annual reviews and renewals on time.
Underwrite and present credit presentations in accordance with the bank’s credit policies and guidelines.
Support planning and coordination of commercial loan reviews and risk-rating processes.
Assist with preparation and execution of facility documentation.
Assist with general administration of the commercial loan portfolio and seek out and drive process improvements.
Conduct pre-call industry and company research and assist in the sales process.
Help Relationship Managers keep CRM information updated for clients and prospects.
Attend prospect meetings with Relationship Managers and help evaluate business creditworthiness.
Support preparation of reports on commercial loan portfolio quality and trends.
Monitor existing clients’ status and potential risk elements, communicate with clients to resolve issues, and escalate significant items to Relationship Managers with recommendations.
Recommend continuous improvements to the bank’s credit monitoring and reporting mechanisms.
Contribute to team accountabilities: delighting customers, giving full effort, creating a great workplace, making improvements, and maintaining compliance.