Commercial Credit Analyst - Full Time

Summary

1st MidAmerica Credit Union is a financial institution providing financial products and services to its members. The Commercial Credit Analyst performs analytical tasks related to underwriting and monitoring the organization’s commercial loan portfolio, including financial analysis, credit investigations, loan reviews, covenant monitoring, and credit file documentation.

Responsibilities

• Spreads and analyzes business and personal financial statements and tax returns, accounts receivable and payable aging, inventory reports, and third-party appraisal reports
• Determines cash flow using appropriate software and cash flow models
• Analyzes financial conditions, industries, and trends
• Conducts credit investigations and analyzes credit information pertaining to loans
• Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches
• Completes annual loan reviews, risk grades, and problem loan reports
• Collects financial information and performs covenant monitoring and testing
• Ensures that all credit files include proper documentation including current financial statements and agency reports
• Reviews and reports non-compliance with loan covenants
• Conducts industry research and assists with special projects as assigned

Skills

• High school diploma or equivalent
• Three to five years of similar or related experience
• Bachelor's degree or achievement of formal certifications recognized in the industry equivalent to a bachelor's degree
• Exceptional customer service skills required
• Strong communication skills and attention to detail

Qualifications

Must Haves

• High school diploma or equivalent
• Three to five years of similar or related experience
• Bachelor's degree or achievement of formal certifications recognized in the industry equivalent to a bachelor's degree
• Exceptional customer service skills required
• Strong communication skills and attention to detail

Benefits

• Remote option available
• Opportunities for career growth
• Supportive team environment