Commercial Credit Analyst

Overview

A financial services organization is seeking a Credit Analyst to support Underwriters in evaluating and managing credit risk. This role involves spreading borrower financial information accurately, preparing credit workbooks for review, and assisting with credit memorandum preparation to ensure lending decisions are supported by complete and well-organized data.

Responsibilities

• Assist Underwriters in analyzing and managing credit risk by preparing high-quality financial spreads and credit documentation.
• Spread borrower tax returns and internal financial statements using designated spreading software and Microsoft Excel.
• Prepare assigned sections of credit memorandums for Underwriter review, including (as applicable):
  • Business and personal credit reports
  • Bank and merchant statements
  • Required financial spreads
• Prepare full credit memorandums for SBA microloan requests in accordance with internal policies and SBA guidelines.
• Review and analyze tax transcripts to validate borrower-reported financial information.
• Pull and compile due diligence reports, including RMA industry data, NHRA reports, and business and personal credit reports.
• Ensure accuracy, consistency, and completeness of all financial and credit-related documentation prior to submission.
• Maintain organized electronic credit files and supporting documentation.
• Communicate effectively with Underwriters and other internal stakeholders regarding credit file requirements, findings, and follow-up items.
• Perform other related duties and projects as assigned.

Knowledge, Skills & Abilities

• Strong proficiency with Microsoft Office products, particularly Excel and Word.
• High level of computer literacy and ability to learn and use financial spreading and credit analysis software.
• Strong analytical skills with attention to detail and accuracy.
• Effective organizational and time-management skills, with the ability to manage multiple priorities and deadlines.
• Clear verbal and written communication skills, with the ability to present financial information concisely and logically.
• Sound judgment and decision-making abilities when reviewing financial and credit information.
• Ability to establish and maintain effective working relationships with internal team members and external partners.

Education & Certification Requirements

• Bachelor’s degree in Finance, Accounting, Mathematics, Economics, or a related field required.

Preferred Qualifications

• Not specified.

Compensation & Benefits

• Salary Range: $50,000 to $65,000 annually.

Additional Requirements

• Participate in mandatory Community Reinvestment Act (CRA) activities and initiatives, including community outreach, volunteer events, financial education programs, and related efforts, as assigned.

Location

• Not specified in the provided description.