Commercial Credit Analyst II

This is a fully remote position, open to applicants in California.

📋 Description

• Evaluate, analyze, and review complex commercial loan applications, both secured and unsecured.

• Conduct risk assessments, spread financial data, rate risks, and structure loans for underwriters.

• Ensure that all transactions are accurate, complete, and adhere to compliance standards.

• Examine credit history, cash flow, tax returns, and financial statements to determine repayment ability.

• Prepare financial projections and compile clear credit analyses and reports.

• Receive and assess initial loan application packages while assisting in loan sizing and structuring.

• Identify any unresolved questions and interact with loan officers or applicants for further clarification.

• Provide recommendations and support updates to commercial lending products, policies, and procedures.

• Train staff on lending policies and procedures.

• Offer guidance, feedback, and training to less experienced team members.

• Mentor colleagues in credit analysis and departmental procedures.

• Assist with loan origination analysis or credit review analysis as needed by the organization.

• Maintain relationships with members and both internal and external originators.

• Perform additional responsibilities as assigned.

⛳️ Requirements

• Completion of a High School curriculum is essential.

• An Associate's degree is preferred.

• At least 4 years of experience in commercial credit analysis using a loan origination system.

• Experience in producing loan credit memos that explain risks and mitigants of credit facilities.

• Proficiency in spreading and interpreting tax returns and financial statements of various qualities.

• Capability to complete financial projections effectively.

• A comprehensive understanding of commercial underwriting standards, risk philosophy, credit culture, and market conditions.

• Knowledge of BSA, AML, TILA, HMDA, GLBA, Fair Lending, and other relevant credit union compliance standards.

• Strong analytical and organizational skills with a keen attention to detail.

• Ability to calculate figures and apply logical reasoning effectively.

• Familiarity with commercial credit analysis across different lending types.

• Proficiency in analyzing business cash flow, rental income cash flow, UCA cash flow, and global cash flow.

• Understanding of regional lending market conditions and collateral values.

• Knowledge of automated loan origination systems.

• Proficiency in standard Microsoft applications and general computer operations.

• Excellent oral and written communication skills.

• Ability to prioritize multiple tasks in a fast-paced, adaptable, production-oriented environment.

• High integrity and sound judgment for fair lending recommendations.

• No licenses or certifications are required.

🏝️ Benefits

• Annual salary range of $77,500.00 to $90,000.00.

• Opportunity for remote work arrangement.