Senior Credit Analyst

About the role

Join our team and make an impact by transforming credit data into meaningful insights that guide smart commercial lending decisions for our business members while delivering exceptional service.

Responsibilities

• Perform a variety of essential and often complex financial analysis in accordance with Business Solutions Lending Policy in a timely and accurate manner.
• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money. Analysis should include financial data such as income and expense trends, cash flow and the ability to service debt, assessment of primary, secondary and tertiary sources of repayment, quality of management, and when applicable, comparison with similar industries and market share. The character of the Borrower, DTI ratios, liquidity, collateral, and sources and uses of funds will be included in each analysis.
• Prepare comprehensive credit memos for presentation to committee or the appropriate approval authorities.
• Analyze personal financial information of all Borrowers and Guarantors, examining personal and business credit reports, assets, liquidity and banking information, debt, and any secondary sources of income.
• Prepare credit memos which include a comprehensive overview of the proposed credit facility, history and background, details of the request, project or business cash flow analysis, global cash flow analysis, collateral overview, and recommended risk rating.
• Work with Business Solutions Relationship Managers to become familiar with the Borrower and the credit request. Accompany them when requested on member or prospect visits.
• Stay updated regarding knowledge of current internal Business Lending Policy; as well as macro- and micro- economic data regarding interest rates and Commercial Lending trends as it relates to Borrowers in our field-of-membership
• Ongoing credit relationship maintenance consistently meeting timeliness/accuracy of documentation.
• Work with Business Solutions Team to ensure that all documentation required for credit analysis (such as tax returns, signed leases, rent rolls etc) is saved in the credit file; and that the files are kept organized and consistent. Track Annual Reviews to comply with policy requirements.
• Prepare appropriate credit memos that include a comprehensive overview and analysis of the credit relationship, any changes to the overall credit quality, and recommendations for maintaining, upgrading, or downgrading the risk rating.
• Prepare annual review and renewal of credit lines when total exposure meets the annual review threshold in a timely manner to ensure approval prior to the scheduled maturity date. Analysis and recommendation for renewal should be comparable to that of a new credit request.
• Provide superior service to members, cross offering all credit union products and services when appropriate, handling member issues and concerns in a timely manner, and assist with the effective and profitable functioning of the Business Solutions Department in accordance with the established policies and objectives of the credit union.
• Maintain the Credit Admin Work in Process (W.I.P.) report; prepare and maintain other reports as required and update credit files as appropriate.

Qualifications

• Bachelor’s Degree in Accounting/Finance or related field.
• 5 years business credit experience.
• Experience in reviewing and analyzing business tax returns and financial statements.
• Strong understanding of accounting rules and practices, financial ratios, and cash flow analysis used to evaluate borrower strength and creditworthiness.
• Knowledge of underwriting standards, loan structuring, collateral evaluation, and NCUA/compliance regulations.
• Proficiency in Microsoft Excel and other Office applications, with experience using credit analysis software such as Sageworks, nCino, or similar.
• Familiarity with commercial lending policies, lending limits, risk ratings, and applicable federal and state regulations.
• Understanding of local market conditions, industry trends, and economic factors that impact member and business lending performance.
• Ability to analyze financial statements, cash flow, and credit data to assess a borrower’s repayment capacity and overall risk.
• Apply critical thinking and ethical reasoning to make well-informed credit recommendations aligned with policy and member interests.
• Clearly communicate complex financial information, both in writing and verbally, and effectively present credit recommendations to decision-makers.
• Maintain accuracy in data review, documentation, and reporting while managing multiple priorities efficiently.
• Understand lending regulations, credit policies, and uses financial analysis tools and credit systems to ensure compliance and accuracy.