Senior Credit Analyst

First Federal Savings Bank • Meridian, ID

3d • Onsite

About The Position

The Senior Credit Analyst will be responsible for preparing detailed Credit Memorandums adhering to First Federal's commercial underwriting standards. This role involves spreading financial data, performing financial analysis for commercial credit requests, and identifying potential risks. The analyst will collaborate with Commercial Loan Officers (CLOs) throughout the underwriting process, conduct credit risk analysis including annual reviews and covenant monitoring, and assist with asset classification. Escalation of concerns to CLO, supervisor, or Chief Credit Officer (CCO) is expected. Recommendations regarding loan approval, denial, or modification will be made based on the credit analysis. Other duties as assigned.

Requirements

• A bachelor’s degree in accounting, finance, or equivalent.
• Three (3) years’ experience working as a commercial credit analyst within a banking environment.

Nice To Haves

• Five (5) years’ experience working as a commercial credit analyst within a banking environment, and/or
• A master’s degree in accounting, finance or equivalent.
• Professional Certification: CPA or CFA.

Responsibilities

• Prepare the detailed Credit Memorandum within First Federal’s commercial underwriting standards.
• Spread financial data and prepare financial analysis for assigned commercial credit requests.
• Form preliminary questions to drive underwriting and loan eligibility.
• Identify and assess potential risks associated with the credit, including financial, operational, and industry-specific risks.
• Partner with Commercial Loan Officers (CLO) throughout the underwriting process.
• Perform credit risk analysis as requested by a CLO, including annual reviews, monitoring loan covenants, and assisting with asset classification.
• Escalate concerns to CLO, supervisor, or Chief Credit Officer (CCO).
• Make recommendations regarding loan approval, denial, or modification based on the credit analysis.
• Complete other duties as assigned.

What This Job Offers

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