Commercial Credit Analyst I

As a Commercial Credit Analyst I, you will be responsible for supporting the underwriting, analysis, and monitoring of new and existing loan relationships of the Credit Union. You will manage a portfolio of members to include, but not limited to, evaluating the financial status of potential members, monitoring existing members, performing risk assessments, writing detailed reports, and making informed decisions while extending credit. Under steady supervision, the Credit Analyst I will perform routine financial statement spread, pull credit reports, complete credit references, covenant and compliance testing, and credit summaries in a timely and accurate manner. Accountable for providing world class member service while executing Interra’s vision, mission and delivery of Core Values.

Direct Reports: None

 

Direct Reports: None

 

 

 

HOW YOU WILL MAKE AN IMPACT

 

60%            Initially focused on financial statement spreading, report preparation, and preliminary credit analysis for commercial and/or agribusiness borrowers. Once proficient in those areas, the Credit Analyst I prepare detailed loan presentation focused on cash flow analysis and secondary repayment sources such as collateral and guarantor analysis concluding with a recommendation to the appropriate credit authorities in the department.

 

25%            Performing research/analysis related to projects such as industry studies, loan administration, basic financial analysis, and other duties as may be assigned by manager.

 

15%            Compare liquidity, profitability, and credit histories of borrowers being evaluated with those in similar industries and geographic locations.

 

--                 Must comply with all company policies and procedures, applicable laws, and regulations, including but not limited to, the Credit Union Secrecy Act, the USA PATRIOT Act, and the Office of Foreign Assets Control.

 

 

 

WHAT YOU WILL NEED TO SUCCEED

 

Experience

 

1+ year relevant experience in loan production, loan servicing or loan documentation.

 

 

 

Education / Certifications / Licenses

 

Bachelor's degree in Economics, Finance, Accounting, or related field.

 

 

 

PREFERRED SKILLS

 

• Professional level of verbal and written communication skills are essential to the position.
• Advanced proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint).
• Demonstrated knowledge of Credit Union regulations, products, policies, procedures, services, related federal state and federal laws and regulations.
• Ability to provide world class member service while executing Interra’s vision, mission, and delivery of Core Values.

 

 

 

INTERPERSONAL SKILLS

 

• Courtesy and tact are essential elements of the job.
• Work involves personal contact with customers and others inside and outside the organization, generally regarding fairly routine matters for the purposes of giving and obtaining information or instructions, updating or referring.
• Communications generally require shorter and not in-depth discussions.

 

 

 

COMPETENCIES

 

• Data Gathering and Analytics - Gathers data from relevant, sometimes independent sources. Able to synthesize data, recognize correlations, and draw conclusions that inform decision-making. Applies understanding of Interra and the marketplace to analysis.
• Decision Making - Makes sound decisions in a timely manner using critical thinking, problem solving, insights, and experience. Demonstrates sound judgment that proves to be accurate and correct over time.
• Drive Results - Consistently accomplishes goals even under adverse conditions. Has a strong bottom-line orientation. Pushes self and helps others achieve results.
• Functional Expertise - Possesses a sufficient level of technical and professional skill or knowledge in position-related areas; keeps up with current developments and trends in areas of expertise; actively seeks ways to grow and be challenged using both formal and informal development activities.
• Interpersonal Savvy - Relates to and can connect with diverse in