Senior Commercial Credit Analyst

Elevations Credit Union • Broomfield, CO

4d • $95,796 - $119,745 • Hybrid

About The Position

Responsible for supporting Commercial and Business Lending by analyzing commercial credit opportunities, recommending appropriate lending structures, delivering quality credit memos with support and participating in the annual review process. Day to day work will include cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other business and commercial underwriting functions. The Senior Commercial Credit Analyst is expected to take the initiative to make improvements to business services procedures and processes to enhance the work environment and member experience. The incumbent will help ensure adherence to all Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act (BSA).

Requirements

• Bachelors degree in finance, accounting, business management or closely related field or equivalent experience.
• 7+ years of experience as commercial underwriter or closely related position working with credit analysis of business and personal financials.
• Commercial & Industrial (C&I) lending experience is required.
• Good working knowledge of state and federal regulations, lending standards, financial products, and credit union operations.
• Strong familiarity with financial concepts and analytical frameworks, to include DSCR, global cash flow, key performance indicators, etc.
• Ability to present analysis, recommendations, and solutions to internal commercial lending teammates.
• Excellent verbal, written and interpersonal communication skills.
• Strong analytical, problem solving and decision-making skills.
• Strong attention to detail and excellent organizational skills; ability to manage multiple priorities and deadlines.
• Must be proficient in MS Office (Outlook, Excel, Word, etc.).
• A personal smartphone is a requirement for employment.

Nice To Haves

• Master’s degree in finance, accounting, business management or related field is a plus.
• Additional commercial underwriting training is preferred.
• Commercial Real Estate lending a plus.
• Experience with common financial institution technologies is a plus, including Abrigo, Jack Henry, imaging software, and Synergy.
• Experience with Loan Origination Systems (LOS), especially Abrigo, a plus.

Responsibilities

• Analyzes business and commercial credit opportunities and prepare written credit memos for new lending opportunities, renewals, modifications, etc.
• Conduct financial analyses of personal, business, and commercial tax returns and financial statements, collateral, cash flows, real estate schedules, pro forma statements and A/R agings.
• Evaluates key financial metrics to include, but not limited to, cash flow, debt service coverage, leverage, liquidity, collateral loan to values, risk analysis, etc.
• Generates quality credit memos for credit committee with all necessary accurate, thorough and thoughtful supporting documentation.
• Assist with managing the commercial loan portfolio to include, but not limited to, document tracking, reporting, and covenant monitoring.
• Assists members and internal departments with research and resolution of problems relating to business services commercial lending products, including support to Business and Commercial Lending teammates as needed.
• Ensures the integrity of loan origination and review processes by validating accurate loan data and confirming recommendations align with lending policies and all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA).
• Partners with the internal Business Intelligence, IT, and other supporting teams to deliver and communicate critical performance data related to commercial products and services and other technology initiatives and enhancements.

Benefits

• 4 weeks paid time off for full-time employees
• work anniversary paid time off
• paid volunteer time off
• 12 paid holidays
• Comprehensive medical, dental, and vision plans
• employer contributions to supercharge your Health Savings Account
• Up to a 4% match on 401(k) contributions
• Up to twelve weeks of fully paid parental leave
• An extensive Employee Assistance Program that provides personalized care options for your whole household
• Ample opportunity to learn, develop and grow with access to LinkedIn Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year

What This Job Offers

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