Senior Credit Analyst

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

📋 Description

• Underwrite potential commercial loans

• Process construction draw requests

• Assist in the Annual Term Loan Review process

• Draft credit memorandums along with necessary documentation for business loan approval

• Evaluate borrower and guarantor documentation to ensure compliance with loan approval and Loan Policy

• Conduct financial document analysis using trend analysis, ratio analysis, cash flow analysis, industry averages, and macro/industry trends

• Assess pledged collateral for adherence to internal loan policies and industry best practices

• Provide written summaries of insights derived from financial document analysis of prospective borrowers and guarantors

• Collaborate closely with the Senior Credit Officer on the participated loan portfolio

• Work with the Senior Credit Officer to enhance loan policies and procedures

• Create or improve reports and tracking systems to monitor the commercial loan portfolio

• Supervise the Annual Term Loan Review completion and monitor loan covenants

• Partner with Loan Officers to gather necessary financial reporting from current borrowers

• Mentor and assist the Junior Credit Analyst

• Collaborate with team members to achieve both short-term goals and long-term objectives

• Maintain professional communication with both internal and external stakeholders

• Contribute to team initiatives, projects, and process improvements

⛳️ Requirements

• Bachelor’s degree in business, Finance, Accounting, or a related field is strongly preferred

• A minimum of five (5) years of experience in commercial banking

• At least five (5) years of direct experience in credit analysis and commercial underwriting

• Proficient in Microsoft Office applications (Outlook, Word, Excel, PowerPoint)

• Familiarity with third-party commercial appraisal reports, Environmental Phase I reports, Title Insurance Commitments and Policies, and insurance documentation

• Up-to-date knowledge of state and federal regulations related to Member Business Lending

• Exceptional written, verbal, and interpersonal communication skills

• Strong customer service abilities

• Proven skills in building collaborative relationships within the organization

• Traits of decisiveness, integrity, flexibility, and critical thinking

• Capacity to promote efficiencies and identify opportunities that enhance automation

• Consistent and punctual attendance

• Completion of a formal commercial credit analysis training program from ABA, Moody’s, or RMA is preferred, including a Credit Risk Certification designation or similar

• Experience with the nCino Loan Origination System is preferred

• Background in community banking or credit unions is preferred

• Regular access to a quiet workspace is required

• Candidates from all US time zones are encouraged to apply

🏝️ Benefits

• Employee-funded medical benefits

• 401(k) matching, with a dollar-for-dollar employer match up to 5%

• Affordable medical contributions

• No contributions required for dental and vision plans

• Generous paid time off policies

• Paid time off for volunteer work

• Paid time off for birthday celebrations

• Opportunities for personal and professional development

• An inclusive workplace culture