Commercial Credit Analyst

Commercial Credit Analyst

Business Services Department

Position Summary

The Commercial Credit Analyst will assess the overall creditworthiness of moderate to complex business loans requests, including Commercial Real Estate (CRE), Commercial and Industrial (C&I), SBA loan programs, and other collateral secured loans. This position involves evaluating risk, making credit recommendations, and structuring loans based on comprehensive analyses of cash flows, collateral, borrowers, guarantors, and tenants. Supports Business Services Department in maintaining high quality loan portfolios by actively managing risk and identifying business opportunities through partnerships with Relationship Managers, Portfolio Managers, and other team members.

Essential Duties and Responsibilities

• Assess credit worthiness of existing and potential commercial loans by evaluating global cash flow; project / property specific cash flow; collateral analysis; borrower and guarantor analysis; industry and market analysis; and other inputs that may have an impact on a credit request during its lifecycle.
• Evaluate the borrower's ability to generate income sufficient to repay existing and proposed debt through current and forecasted data scenarios. Identify, investigate, and escalate credit concerns or questions.
• Ensure that loans conform to the Credit Union's Loan Policy, established guidelines, and procedures, including those of government agencies (i.e., NCUA, SBA and CA Guaranty), as appropriate.
• Prepare and present high quality Credit Memos summarizing loan request fundamentals, credit analysis and due diligence. Approve credit requests within delegated limits.
• Support loan Business Services team in maintaining a high-quality commercial loan portfolio by identifying business opportunities to mitigate risk in current loans and portfolio concentrations.
• Work with Business Loan Servicing and Operations to provide approval for risk rating upgrades and downgrades in the current credit portfolios.
• Responsible for monitoring the status of assigned pipeline and ensuring that loans are reviewed and underwritten in accordance with established expectations.
• Assist with various projects and initiatives. Work collaboratively with others to help support and achieve the overall goals of Business Services.

Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.


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.


Minimum Qualifications

• BA/BS degree in related field or equivalent experience or training.
• 5-7+ years' experience in related position; full knowledge of complex commercial and business loan underwriting, documentation preparation, funding, and applicable laws and regulations; relies on experience and judgment to plan and accomplish goals.
• 5-7+ years' experience in analysis and underwriting.
• 5-7+ years' experience in spreading, reviewing and analyzing business and personal financial information and tax returns.
• Must have extensive experience in commercial lending analysis and underwriting.
• Full knowledge of credit union lending policies, guidelines, and practices; and regulations.
• Intermediate or above level of experience with Microsoft Word, Excel, Outlook and PowerPoint
• Must have strong attention to detail and accuracy.
• Must be a self-starter, with a strong drive to succeed and continually reach new goals.
• Must be a team player who can operate both within a group and independently with minimal supervision.
• Ability to make effective group and individual presentations.
• Verifiable job history showing stability, consistency, dependability, and accountability.
• A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or can be of a personal or sensitive nature. Work may involve motivating or influencing others.

Do you want to be valued as an employee?

Employees are Meriwest's most valuable resource. We provide competitive wages and a supportive environment that promotes career advancement. We are committed to removing barriers to access and enhancing opportunities for all individuals based on merit and potential. We provide competitive wages and a supportive environment that promotes career advancement. Meriwest utilizes a grading system to determine salary ranges for all positions. Each grade is assigned a salary range which consists of a minimum, midpoint, and maximum rate. The Business Services Credit Analyst position is a Grade 12.

• Target Range: $99,069.72 to $123,837.15

*The target range for entry in a new position is between the minimum and midpoint of the range, depending on experience and qualifications

We also offer an excellent, fully comprehensive benefits program, including:

• Medical/Dental/Vision on the first day of employment for full-time employees
• Free Long Term Care Insurance for employees
• Tuition Reimbursement/Student Loan Repayment Plan
• Pension Plan/401K
• Bonus and incentive potential
• Generous Paid Time Off (PTO)/Holiday program
• Career growth support and planning programs
• In-house fitness center
• Discounts on new Mortgage after 6 months of employment

Meriwest is an equal opportunity employer that is committed to inclusion and diversity. All qualified applicants will receive consideration for employment. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics