Commercial Credit Analyst II
Job Summary
This role supports the Commercial Credit Admin team by performing credit, financial statement, and cash flow analysis, business loan approvals, and other related department support functions.
About the Role
Supports the Commercial Credit Admin team in various tasks including financial analysis, loan preparation, and credit quality monitoring.
Responsibilities
- Perform analysis of financial statements and tax returns using software systems
- Draw conclusions and make recommendations to management regarding loan approvals or declines based on financial analysis
- Aid in the preparation of loan write-ups and credit presentations
- Review initial loan packages submitted by Commercial Relationship Managers for completeness and adherence to underwriting guidelines
- Request and track additional information as required by lending guidelines
- Input loan data and prepare loan documentation for various types of Business Loans
- Cook with Commercial Relationship Managers to clarify loan structuring and borrower financials
- Support ongoing verification and regular tracking of members' credit quality through periodic review of credit reports, analysis of required financial information, and any other approval conditions
- Affiliate in annual reviews of existing credit relationships to monitor risk and covenant compliance
- Review member accounts and portfolios to identify and address potential credit quality issues
- Ensure credit files are complete and adhere to internal and regulatory standards
- Track collateral, loan monitoring, and credit file maintenance requirements and correct any deficiencies noted
- Develop forms, templates, and other monitoring tools to assist in all of the above functions
- Provide recommendations to management about process improvement opportunities to enhance member experience and internal service
Requirements
- Bachelor's Degree in Finance, Accounting, or related field, or equivalent experience
- 3+ years' experience in commercial credit underwriting, credit underwriting, or commercial lending
- Working knowledge of commercial loan documentation
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
- Proficiency in MS Office Suite
- Ability to work independently and as part of a team
- Familiarity with commercial loan documentation preferred
- In-depth knowledge of credit analysis, credit administration, credit policy, and risk analysis preferred
Qualifications
Essential qualifications include a Bachelor's Degree in Finance, Accounting, or related field, or equivalent experience, and 3+ years' experience in commercial credit underwriting, credit underwriting, or commercial lending.
Skills
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
- Proficiency in MS Office Suite
- Ability to work independently and as part of a team
- Familiarity with commercial loan documentation preferred
- In-depth knowledge of credit analysis, credit administration, credit policy, and risk analysis preferred
Benefits
At OnPoint, employees enjoy a generous vacation package, incentives, competitive hourly pay, 100% - paid employee medical, dental and vision premiums, Tri-Met / parking passes, 401k matching, and tuition reimbursement. We also offer a supportive and inclusive workplace where everyone is valued and respected.
Pay
Competitive hourly pay is offered at OnPoint.
Schedule
Flexible scheduling is available at OnPoint.