Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Service Credit Union is seeking a Commercial Lending Credit Analyst where you will analyze financial statements, business plans, credit reports and other relevant information of various Investment Real Estate entities, business entities and individuals to determine the degree of risk involved in a requested or existing extension of credit. Prepare clear and concise reports using a variety of analytical tools for use in decision-making by Senior Management, Loan Committees, and the Board of Directors. The position will be responsible for providing the highest level of credit analysis and adheres to the Credit Union’s Credit Policy.
Pay: $62,650.60 annually
Location: On-site, Portsmouth NH
Benefits Include:
The Day to Day:
Experience and Qualifications:
At Service Credit Union we celebrate our employees’ diverse backgrounds, ethnicities, gender identities, spiritual practices, abilities, and all the other traits that make us individuals. We follow the adage of treating others how we want to be treated while striving for understanding. Together, we create a unique credit union capable of serving our members’ needs with the same respect, empathy, and kindness we give each other.
Equal Opportunity Employer