Job Description

Overview

Commercial Credit Analyst at Commercial Alliance responsible for assessing the credit worthiness of individuals and businesses seeking loans or credit lines. You will analyze financial data, evaluate risk factors, prepare credit memo write-ups, and provide recommendations regarding credit decisions. You will also review existing loans for financial performance and compliance with covenants and reassess risk ratings.

Responsibilities

• Spread, review, and analyze financial statements, credit reports, collateral evaluations, and other relevant financial information of prospective borrowers. Prepare and underwrite credit presentations for recommendation.
• Receive direction from Credit Manager as to reviewing new loan deal packages.
• Evaluate the risk associated with extending credit to individuals or businesses based on factors such as income, debt levels, payment history, and market conditions.
• Ensure compliance with company credit policies and procedures when evaluating credit applications.
• Monitor the performance of existing credits, evaluate financial performance and covenant compliance, identify potential risks, and recommend appropriate actions per policy.
• Stay informed about industry trends, economic indicators, and regulatory changes that may impact credit risk.
• SBA underwriting or assistance with SBA programs or SBA packaging as LSP.
• Perform other duties as assigned.

Qualifications

• Bachelors degree in finance, accounting, economics, a related field, or equivalent related experience
• Previous experience in credit analysis, financial analysis, or risk management
• Strong analytical skills with the ability to interpret financial data, lease agreements, and other contract documents
• Knowledge of financial markets, accounting principles, and credit risk assessment techniques
• Excellent communication and interpersonal skills
• Attention to detail and ability to work independently
• Familiarity with regulatory requirements and industry best practices in credit risk management preferred
• Conversant with intermediate level accounting principles (cash/accrual basis, cost, and contractor), lending experience helpful
• Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material
• Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to priority and time allocation
• Proficiency in Microsoft Office applications Outlook, Teams, Excel, Word, PowerPoint
• Preferred 2+ years commercial credit analysis experience
• Preferred familiarity with Baker Hill, Abrigo or other LOS software

Employment details

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance and Sales

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