Job Description
Description Join Our Team and Make an Impact! At Jeanne D’Arc Credit Union, we don’t just offer jobs—we build careers. With
competitive pay, outstanding benefits, a supportive team environment, and endless growth opportunities , you’ll have everything you need to thrive.
We take pride in our team, who go above and beyond to deliver
exceptional service and offer smart financial solutions to our members. If you’re looking for a
rewarding role where you can make a difference in helping people and giving back to the community, we’d love to have you on board!
Now Hiring: Commercial Credit Analyst As a
Commercial Credit Analyst , you’ll work under the Direction of the VP Commercial Lending to perform a variety of duties to assist in the support and management of the commercial loan department’s loan portfolio by playing an active role in achieving the goals established in the assigned departments’ annual operating plan. This will include coordinating work within the department as well as with other departments; complying with operating policies and procedures established for the credit union function; communicating with appropriate personnel; respond to inquiries or requests for information; maintaining appropriate records; and providing assigned reports.
Qualifications Responsibilities:
- Analyze and underwrite credit requests in a timely manner by leveraging the following resources: interactions with the loan team, meetings with customers/prospects, spreading tools, industry/market research, credit/financial due diligence, appraisals, web research, and other resources as necessary.
- Accurately identify loan policy exceptions as well as red flags during the analysis process (market risk, bankruptcies, late payments, past due taxes etc.) and bring those to the attention of the lender.
- Discuss deal structure, cash flow, collateral, and customer character with the lender.
- Prepare written analysis for new loans and modifications and present credit recommendations as directed.
- Manage existing portfolio of customers by tracking and preparing annual reviews of relationship obligations
- Review and recommend risk ratings within the portfolio.
- Prepare reports and minutes for senior management, loan committee and BOD.
- Accompany lender on customer calls and interact with customers, in person, and over the phone as needed.
- Interact with financial professionals including CPA’s, CFO’s, listing agents, brokers, appraisers, etc. as needed to assist in the underwriting of credit memos and other tasks for the department.
- Conduct market surveys through contact with brokers, online research, licensed database software (CoStar, Reis, MLSpin) etc.
- Performs other related duties as required.
Qualifications - Five years to eight years of similar or related experience.
- A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
- Prior experience in banking or financial institutions preferred.
- Strong understanding of financial statements and credit principles.
- Proficiency in Excel; experience with financial modeling.
- Familiarity with credit scoring models and risk rating systems.
- Excellent analytical, organizational, written and communication skills.
- Ability to manage multiple priorities in a fast-paced environment with ongoing deadlines.
Your contributions will help our members achieve their financial goals while advancing your career in a dynamic and supportive environment.
Are you ready to grow with us? Apply today!
Job Tags
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