Senior Credit Analyst

Senior Credit AnalystBuilding a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn't stop there. Our culture is about our people, the ones in our communities and the ones that work with us.Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.Compensation RangeHourly: $30.55 - $35.80 (Amount based on relevant experience, skills, and competencies.)About This JobThe main purpose of this job is to be responsible for analyzing commercial credits by conducting and reviewing comprehensive financial analysis on companies of diverse industries and sizes.Essential FunctionsPrepare Credit Approval Summary packets (highly complex) manually and through Moody's CreditLensReview Credit Approval Summary packets (minimal to moderate complexity) completed by other Analysts and TraineesReview financial statement spreads completed by other Analysts and Trainees with completion of highly complex spreadsPerform complex financial analysis on companies of diverse industries and sizes for commercial loan applying prior knowledge of loan structuring and cash flowResearch and understand complex legal loan documentationProvide error resolution and feedback based on work reviewedServe as SME for financial statement spread and CAS packet compilation process, sharing knowledge with others in the department by way of training/onboarding or ongoing quality controlCreate pricing worksheets for loan and relationship profitabilityServe as the Loan committee secretaryPerform other duties as assignedKnowledge, Skills & Abilities RequiredIntermediate to expert knowledge of financial concepts and financial statements utilizing financial and accounting principlesIntermediate to expert understanding of key financial ratios such as cashflow, leverage and debt service coverageIntermediate understanding of loan structure including cashflow thresholds, collateral pools, covenants and other risk mitigating techniquesIntermediate level knowledge of Commerce (or other conservative peer bank) risk appetite with application during underwriting processIntermediate level of Moody's CreditLens and associated processesMotivated and organized self-starter with strong attention to detail and the ability to manage multiple competing priorities with little to no oversightAbility to drive results while applying above knowledgeInquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skillsAbility to remain adaptable and resilient to most situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core ValuesIntermediate level proficiency with Microsoft Word, Excel and OutlookEducation & ExperienceBachelor's degree in a Business related field, with a preference for majors in Finance or Accounting, or equivalent combination of education and experience required3+ years prior credit or financial analyst experience in commercial lending or credit administration department requiredMust be eligible to work in the US without sponsorship now or in the future