Commercial Credit Analyst

When joining Elevations, you can expect to work for a company with: A leadership team that strives to make this the best place you’ve ever worked! A focus on supporting our employees’ mental, physical, and financial well-being A commitment to diversity, equity, and inclusion recognized by the Denver Business Journal and Colorado Association of Realtors A highly engaged workforce devoted to innovation, continuous improvement, and collaboration A reputation for excellence, as evidenced by being a two‑time recipient of the Malcolm Baldrige National Quality Award A passion for consistently providing amazing experiences and creating raving fans If you join our team, here are some of the perks you can expect: A competitive total rewards package with 4 weeks paid time off for full‑time employees, work anniversary paid time off, paid volunteer time off, and 12 paid holidays Comprehensive medical, dental, and vision plans with employer contributions to supercharge your Health Savings Account Up to a 4% match on 401(k) contributions Up to twelve weeks of fully paid parental leave An extensive Employee Assistance Program that provides personalized care options for your whole household Ample opportunity to learn, develop and grow with access to LinkedIn Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year Location: Elevations Credit Union- Broomfield Basecamp Hybrid: Employees who are able to perform the essential functions of their jobs away from an Elevations location may do so with the expectation that they are onsite at least fifty percent of the time over a two-week pay period. Summary/Objective: Responsible for supporting Commercial and Business Lending by analyzing lending opportunities, recommending appropriate credit structures, preparing credit memos and monitoring existing credits. Day to day work will include credit analysis and other business and commercial underwriting and monitoring functions. The Commercial Credit Analyst is also a key position that has input on improvements to our procedures and processes which will enhance internal collaboration and result in a great member experience. The incumbent will also help ensure adherence to all Federal and State laws and regulations applicable to the Credit Union. Essential Functions include: Analyzes business and commercial credit opportunities and prepare written credit memos for new lending opportunities, renewals, modifications, etc. Conduct financial analyses of personal, business, and commercial tax returns and financial statements, collateral, cash flows, real estate schedules, pro forma statements and A/R agings. Evaluates key financial metrics to include, 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 all necessary accurate, thorough and thoughtful supporting documentation. Assist with managing the commercial loan portfolio to include, but not limited to, document tracking, reporting, and covenant monitoring. Assists members and internal departments with research and resolution of problems relating to business services commercial lending products, including support to Business and Commercial Lending teammates as needed. Ensures the integrity of loan origination and review processes by validating accurate loan data and confirming recommendations align with lending policies and all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA). Partners with the internal Business Intelligence, IT, and other supporting teams to deliver and communicate critical performance data related to commercial products and services and other technology initiatives and enhancements. Reports to: Manager Commercial Credit Manages: This role does not have supervisory responsibility. Required Skills, Education and Experience: Bachelors degree in finance, accounting, business management or closely related field or equivalent experience. 3+ years of experience with commercial credit analysis or closely related position. Excellent verbal, written and interpersonal communication skills. Strong analytical, problem solving and decision‑making skills. Strong attention to detail and excellent organizational skills; ability to manage multiple priorities and deadlines. Must be proficient in MS Office (Outlook, Excel, Word, etc.). Good working knowledge of state and federal regulations, lending standards, financial products, and credit union operations. Strong familiarity with financial concepts and analytical frameworks, to include DSCR, global cash flow, key performance indicators, etc. Preferred Skills, Education and Experience: Commercial and business underwriting training is preferred. Experience with common financial institution technologies is a plus, including Abrigo, Jack Henry, imaging software, and Synergy. Work Environment: Elevations uses multi-factor authentication to keep our data safe. As such, a personal smartphone is a requirement for employment with us. This job operates in an office setting and routinely uses standard office equipment. Physical Requirements: Sitting frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10 lbs of force occasionally to lift, carry, push, pull, or move objects Position Type/Expected Hours of Work: Full-time / 40 hours per week Compensation Information: The person hired into this position will likely earn between $71,973 and $89,966 annual salary, plus annual bonus. Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer. Anticipated Application Window: This role is anticipated to close within 25 days from the date of posting. However, if the position has not been filled, Elevations may keep the application period open longer. Other Duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. About Us: Elevations Credit Union is a member‑owned not-for-profit financial institution serving Colorado’s Front Range. Founded in 1952, we’ve grown from 12 members and less than $100 in assets to an institution with 15 branches and more than 170,000 members that manages over $3 billion in assets and is the No. 1 credit union mortgage lender in Colorado. At Elevations, we’ve made a commitment to move away from a product‑centered business model and focus instead on creating consumer solutions. Our objective is to provide our members, as well as the entire community, with unbiased consumer information. EEO Statement: The Credit Union is dedicated to the principles of equal employment opportunity. We prohibit unlawful discrimination against applicants or employees on the basis of age 40 and over, race (including traits historically associated with race, such as hair texture and length, protective hairstyles), sex, sexual orientation, gender identity, gender expression, color, religion, creed, national origin, ancestry, disability, military status, genetic information, marital status, or any other status protected by applicable state or local law. Candidates for certain positions may be required to submit to a credit history report in determining qualification for employment with Elevations Credit Union. If the position you are applying for requires a credit history report, any information received in such a report will not be the sole factor in making an employment decision. A history of personal financial irresponsibility may be reason for disqualification insofar as it relates to your potential job duties. Elevations Credit Union is aware that occasionally there are extenuating circumstances that may affect an individual’s credit history. We comply with the Fair Credit Reporting Act and the Colorado Employment Opportunity Act. ELEVATIONS CREDIT UNION’S COMMITMENT TO PRIVACY Your privacy is important to us. When you use this Careers site to apply for a job at Elevations Credit Union (“we” and “us”), we collect your personal information. Examples of personal information collected on the Careers site include your name, contact details, and information you provide for purposes of job applications. We do not sell your personal information to a third party. We may share your information with a third party who is performing a service for us related to job applicants. If you have any questions about this privacy statement, please contact us. Applicants have rights under Federal Employment Laws Know Your Rights Poster Employee Polygraph Protection Act (EPPA) #J-18808-Ljbffr