Commercial Credit Analyst

About the role

This position is accountable for evaluating the financial statements and condition of commercial loan members applying for credit. Researches complex personal and corporate loan portfolio financial statements for loan risk rating and monitoring purposes on a single loan or relationship basis. Performs timely and accurate annual reviews to monitor credit quality and early identification of deterioration of credit quality. Analyzes such items as income, quality of management, market share, potential risks and collateral appraisal. Prepares loan presentations, which include credit analysis and a summary of the loan request. This is accomplished by providing outstanding service to both internal and external members as defined by living and demonstrating the core values of the credit union: Act with Integrity, Drive Progress, Build & Strengthen Relationships and Keep People at the Core.

Employment type: Full-Time, Hybrid

About the company

Advia is a fast-growing Credit Union positioned in the top 3% of credit unions across the United States, serving almost 200,000 members with assets over $3 billion. Advia offers products and services similar to big banks with a focus on saving members money while providing financial advantages. Rooted in its communities, Advia believes in giving back through volunteering and charitable donations. The work environment is fast-paced, performance-based, and fun-infused — “work hard, play hard.” Employees can expect regular constructive feedback, development opportunities, great benefits, excellent co-workers, and engaged managers.

Responsibilities

• Underwrites existing and prospective commercial client requests, including analytical review of all financial statements and comparison of the client’s historical financial performance with industry trends.
• Assesses collateral offered and its marketability to ensure credit relationships meet internal policy guidelines and regulatory standards.
• Reviews and ensures commercial loan policy compliance throughout the commercial lending process, including review of various reports and loan approval conditions.
• Works closely with commercial lenders to fully understand the request, establishing and defining credit requirements and risk mitigation to make credit recommendations to the appropriate individual or committee based on credit analysis.
• Utilizes and maintains credit analysis software.
• Assists the department in training and sharing knowledge with Commercial Credit Analyst I team members.
• Establishes and maintains effective communication, coordination, and working relations with Credit Union personnel and management, including coordinating functions with related departments, providing aid as needed, keeping management informed of area activities and significant problems, attending and participating in meetings and committees, and completing required reports and records.
• Reviews and helps recommend various reports and other loan approval conditions.
• Establishes and maintains effective and professional business relations with members and trade professionals; answers questions and resolves requests, including assisting department personnel with administrative tasks and protecting the Credit Union’s professional reputation.
• Periodically accompanies Commercial Lenders on meetings with Commercial Members or at other business development events.
• Complies with applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control; follows policies and procedures to minimize risk by exercising judgment, raising questions to management, and adhering to policy guidelines.

Requirements

Experience:

• Three to five years of Commercial Credit Analysis experience.
• Minimum of three years of Commercial Lending experience.
• Knowledge of Credit Union lending and collections programs, policies, and procedures.
• Understanding of financial analysis and credit worthiness.
• Clear understanding of general accounting standards as well as general knowledge of business, finance, and economics.
• Advanced knowledge and understanding of multiple balance sheets and corporate entities with the ability to interpret all forms of financial data and instruments.
• Strong analytical abilities.
• Sageworks credit analysis software experience preferred.
• SBA experience preferred.

Education & Certifications:

• A college degree.

Interpersonal Skills:

• A significant level of trust, credibility, and diplomacy is required.
• In-depth dialogue, conversations, and explanations with customers, direct and indirect reports, and outside vendors can be of a sensitive and/or highly confidential nature.
• Communications may involve motivating, influencing, educating, and/or advising others on matters of significance.
• Typically includes subject matter experts as well as first-level to middle managers.

Physical Requirements:

• Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs.
• Capable of climbing/descending stairs in emergency situations.
• Able to operate routine office equipment including telephone, copier, facsimile, and calculator.
• Able to routinely perform work on computer for an average of 6–8 hours per day when necessary.
• Able to work extended hours whenever required or requested by management.