Overview
A well-established financial institution serving communities in Wisconsin and Minnesota for over 90 years is seeking a Credit Analyst to join their team. The organization provides a range of banking services tailored to individuals and local businesses, supported by a team of more than 150 professionals.
Responsibilities
- Conduct comprehensive analysis of financial statements, credit reports, and other relevant data to evaluate the creditworthiness of business members.
- Perform initial credit assessments to ensure requests comply with credit union policies and guidelines.
- Prepare clear and concise credit presentations to support lending decisions, highlighting key risks and opportunities.
- Monitor loan collateral, valuations, and inspections to ensure ongoing compliance with loan agreements and covenants.
- Assist lenders with portfolio management, including ongoing review of existing credits and problem loan administration.
- Maintain accurate reports on members' credit obligations, financial performance, and loan activity.
- Gather financial data directly from members when necessary, ensuring data accuracy and completeness.
- Update and maintain credit and loan systems, ensuring timely and precise data entry and reporting.
- Participate in special projects and initiatives aimed at improving credit processes and risk management strategies.
- Collaborate effectively with internal teams, including lending, risk management, and compliance, to support organizational goals.
Requirements
- 3-5 years of experience in credit analysis, commercial lending, or a related financial field.
- Strong understanding of financial statements, credit reports, and risk assessment techniques.
- Proficiency in loan software, reporting tools, and Microsoft Office Suite.
- Excellent analytical, organizational, and communication skills with attention to detail and accuracy.
- Degree in finance, accounting, economics, or a related discipline preferred.
- Experience with commercial or business lending portfolios and knowledge of credit policies is a plus.
Desired Skills and Experience
- Credit Analysis
- Financial Analysis
- Risk Assessment
- Loan Management
- Commercial Lending
- Regulatory Compliance
Compensation & Benefits
- Competitive salary packages
- Health, dental, and vision insurance
- Retirement plans with employer contributions
- Paid time off and holiday leave
- Opportunities for ongoing training and professional development
- Flexible scheduling options
- Collaborative and supportive work environment
Location
Serving communities in Wisconsin and Minnesota.