Commercial Credit Analyst jobs in Kentucky
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)
Recently Added Commercial Credit Analyst jobs
- Desco Federal Credit Union
-
Ashland, KY
FULL_TIME
-
Job Summary:
We are seeking a skilled Credit Analyst to join our team. As a Credit Analyst, you will be responsible for assessing the creditworthiness of individuals and businesses applying for loans or credit.Job Functions
· Track documentation, ensuring we have timely and sufficient information on hand, such as tax returns, personal financial statements, etc.
· Communicate with members to collect updated financial information.
· Work closely with commercial lending department to complete underwriting for new loan requests.
· Analysis of financial documents provided as it pertains to loan being requested.
· Perform functions pertaining to MBL Underwriting in Desco’s central lending software program, Suntell. This includes but is not limited to: completing spreads of tax returns and financial statements, entering loan data, and constructing loan presentations.
· Analyze and underwrite member financial condition using metrics such as debt service coverage ratios, loan to value ratios, net worth and liquidity, credit and loan repayment history, etc.
· Prepare written analyses summarizing member financial condition.
· Create loan grading worksheets in excel to determine credit worthiness.
· Pull member credit bureau reports and analyze for credit worthiness
· Assist in performing annual credit reviews of business loan relationships
· Assist Credit Analyst Team in any additional functions that may arise.
Job Qualifications
· Bachelor’s degree required. Business/Accounting preferred
· Working knowledge of basic accounting principles
· Experience using Microsoft Office and proficiency in Microsoft Excel
· Effective business writing and communication skills
· Detail-oriented with the ability to spot errors or discrepancies in financial data
If you are a motivated individual with a passion for finance and a strong analytical mindset, we would love to hear from you.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Tuition reimbursement
- Vision insurance
Schedule:
- Day shift
- Monday to Friday
Ability to Relocate:
- Ashland, KY 41101: Relocate before starting work (Required)
Work Location: In person
- 20 Days Ago
- Citizens Bank of Kentucky
-
Winchester, KY
FULL_TIME
- Equal Opportunity Employer M/F/Veteran/Disabled If you need assistance in applying for this or any of our other open positions, please contact 606-789-4001 and ask for Human Resources or email humanre...
- 20 Days Ago
- Florida Tile
-
Lexington, KY
FULL_TIME
- SUMMARY: The Credit Analyst will work closely with Florida Tile branch managers, salespeople, customers, and collection agencies to maximize credit-worthy sales. Strong candidates for this position wi...
- 11 Days Ago
- Peoples Exchange Bank
-
Winchester, KY
FULL_TIME
- Overview Peoples Exchange Bank is built on tradition, service and trust. Since the first meeting of original charter board members, we have been locally owned and operated. Our founders set high stand...
- 1 Month Ago
- Magnolia Bank
-
Elizabethtown, KY
FULL_TIME
- Credit Analyst Magnolia Bank is a community bank that has served the surrounding area for over 100 years. Our footprint includes banking centers located in Central Kentucky, mortgage offices throughou...
- 1 Month Ago
- Abound Credit Union
-
Radcliff, KY
FULL_TIME
- Commercial Lender (Elizabethtown Area) Abound Credit Union has an opportunity to join an established, well-recognized industry leader located in the heart of the expected economic explosion related to...
- 1 Month Ago
Commercial Credit Analyst jobs at Popular Companies
- Trillium Staffing
-
Dublin, OH
- Trillium has an immediate opening for an experienced Commercial Credit Analyst in Dublin, OH! This established leader in...
- 4/26/2024 12:00:00 AM
- Altius Search Group
-
Nashville, TN
- Commercial Credit Analyst | Equipment Finance | Nashville, TN The Analysts primary responsibility is to analyze and make...
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- Credit Union of Georgia
-
Kennesaw, GA
- Are you looking for a rewarding career with a growing organization? Credit Union of Georgia is looking for a talented co...
- 4/25/2024 12:00:00 AM
- Summit Funding Group Inc.
-
Mason, OH
- Summit Funding Group, a wholly owned subsidiary of First Financial Bancorp, located in Mason, OH, is looking for a full-...
- 4/25/2024 12:00:00 AM
- Management Recruiters Of Spokane Inc
-
Seattle, WA
- Credit Analyst / Assistant Relationship Manager About us: We serve the business and professional communities of Idaho, O...
- 4/25/2024 12:00:00 AM
- Thomaston Savings Bank
-
Waterbury, CT
- Job Description Job Description Senior Commercial Credit Analyst - In Office Employer Come put your credit analysis skil...
- 4/24/2024 12:00:00 AM
- Summit Funding Group, Inc.
-
Mason, OH
- Summit Funding Group, a wholly owned subsidiary of First Financial Bancorp, located in Mason, OH, is looking for a full-...
- 4/22/2024 12:00:00 AM
- Altius Search Group
-
Nashville, TN
- Commercial Credit Analyst | Equipment Finance | Nashville, TN The Analyst’s primary responsibility is to analyze and mak...
- 4/22/2024 12:00:00 AM