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)
We believe that strong businesses mean strong communities. Our business lending team provides exceptional, personalized service to the local business community. As our commercial loan Credit Analyst, you’ll analyze financial statements, business histories, and loan requests to support the business lending team in preparing loan presentations for review, renewal, and approval. At Community First, relationships matter – and that’s never more apparent than when we’re working with our business members. If you thrive in fast-paced environments, enjoy juggling multiple priorities, and want to make a difference in the communities we serve – we should talk!
As our Credit Analyst, you will:
An ideal candidate will have a combination of: