Commercial Credit Analyst

Hybrid Work from Home (3 days per week in office) – Lynden, WA

About the role

As a Commercial Credit Analyst, you will support Commercial Banking Officers in granting and maintaining sound business loans by developing comprehensive information through analysis of financial, business, and collateral data. You will also assist Commercial Banking Officers with portfolio management.

Responsibilities

• Spread and analyze financial statements and tax returns for Commercial Banking Officers.
• Reach out to customers as directed by Commercial Banking Officers to obtain financial information.
• Identify loan purpose, sources of repayment, and collateral value.
• Prepare Income & Debt Service Schedule and analyze Global cash flow.
• Prepare loan approval packages required for credit approval submission.
• Draft term sheets and commitment letters as directed by Commercial Banking Officers.
• Maintain current knowledge of external factors, including economic and industry conditions, which affect loan quality.
• Prepare written analysis to accurately identify problems, trends, and material changes in financial statements, cash flow, and ratios.
• Perform all functions of financial statement spreading software and commercial loan origination system.
• Support Commercial Banking Officers in management of maturing loans.
• Alert Commercial Banking Officer and Credit Administrator to problems or unusual trends.
• Comply with governing regulations by maintaining current knowledge of commercial law, UCC, and banking regulations/policy to ensure conformity with required laws and terms.
• Accompany Commercial Banking Officers on customer calls for information gathering purposes as needed.
• Support functions of the Commercial Loan Assistant.

Requirements

• Bachelor’s degree in Business, Economics, Finance, Accounting, or equivalent experience.
• Minimum of 1 year’s experience in credit analysis or equivalent work experience.
• Basic understanding of financial statements, tax returns for individuals and all types of business entities, as well as understanding of basic accounting principles.
• Knowledge of and ability to comply with loan policies and procedures.
• Excellent communication, organizational, and interpersonal skills.
• Excellent problem-solving and analytical skills.
• Mature, outgoing, and professional attitude with customers, prospects, and co-workers.
• Proficiency in MS Office (Outlook, Word, and Excel) and Financial Statement Analysis software.
• Ability to make sound decisions, prioritize work, meet deadlines, and work independently with minimal supervision.
• Strong interpersonal skills including professional etiquette and service mentality.
• Strong business communication skills, both verbal and written.
• Ability to travel to other Peoples Bank locations and off-site for meetings as required.
• Professional demeanor and high regard for confidentiality.
• Ability to model the Peoples Bank Mission, Vision, and Values.

Benefits

• Hybrid work from home options for most non-customer facing positions.
• Profit Sharing, Incentives, and other Bonus Structures, based on position.
• 12 days of paid vacation, 2 paid wellness days, 2 days of paid community service time, and paid sick leave accrued based on hours worked.
• 11 paid holidays throughout the calendar year.
• Full suite of health benefits including Medical, Dental, and Vision Insurance, Mental Health Resources, and a $200 annual reimbursement for wellness-related expenses.
• 8% 401(k) employer match and life and disability plans.

Pay

$28.03 - $42.04 per hour

Schedule

Monday – Friday, 8:00 am to 5:00 pm | 40 hours per week