Commercial Credit Analyst
|Aug. 09, 2017 - Aug. 09, 2020|
|Department:||Elevations Credit Union|
|Description:||When joining Elevations, you can expect to work for a company that:|
Provides amazing experiences and creates raving fans.
Strives to provide solutions for a better life and promises employees it will be the best place they have ever worked.
Wins awards such as “Best Bank”, “Best Companies to Work for in Colorado” and even the “Malcolm Baldrige National Quality Award”, the only Presidential award for quality.
Has a highly-engaged workforce and emphasizes career growth, empowerment and servant leadership.
What’s in it for you:
Competitive pay, organization-wide incentive program, 401k matching, mortgage and auto discounts
4 weeks min. paid time off, work anniversary paid time off, 11 paid holidays, and 16hrs paid volunteer time off
Medical, dental, and vision health plans with FSA or HSA options
Onsite fitness center, Zumba and yoga classes, health fairs with biometrics screening and flu shots
Employee Assistance Program with a variety of services
Career development, trainings, career coaching, job shadowing, mentoring program, tuition reimbursement up to $5,000/year, and a recognition system
Culture of excellence and continuous improvement
We strive to be the best place you’ve ever worked!
|Duties:||What you will be doing: Responsible for supporting Business Lending by analyzing commercial credit opportunities, recommending appropriate lending structures, delivering quality credit memos with support and participating in the annual review process. Day to day work will include cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other commercial underwriting functions. The CCA is expected to take the initiative to make improvements to business services procedures and processes to enhance the work environment and member experience. The incumbent will help ensure adherence to all Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act.|
Analyzes commercial credit opportunities (including but not limited to, cash flow, debt service coverage, leverage, liquidity, collateral loan to values, risk analysis, etc.)
Generates quality credit memos for credit committee with accurate, thorough and thoughtful supporting documentation
Assists members and internal departments with research and resolution of problems relating to business services commercial lending products.
Ensures integrity of the loan origination and annual review process by verifying accurate business loan data.
Ensures loan recommendations conform to the Credit Union's lending policies and are in compliance with regulatory and legal requirements.
Works with the internal Business Intelligence Team in creating and communicating critical performance data related to all commercial products and services.
Works with IT and other supporting departments on necessary technology and project implementations and enhancements
Assists Business Lending teammates as needed
|Qualifications:||What you need for this position:|
Must have 4 year college degree in finance, accounting, business management or closely related field.
Master’s degree in finance, accounting, business management or related field is a plus.
Additional commercial underwriting training a plus.
Knowledge, Experience and Skill Requirements:
Must have minimum five years of experience as commercial underwriter or closely related position working with credit analysis of business and personal financials.
Commercial & Industrial (C&I) lending experience a must.
Commercial Real Estate lending a plus.
Experience with common financial institution technology a plus (Symitar, Baker Hill, Salesforce, Imaging Software, Power Pivot, etc.)
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