Commercial Credit Analyst

About Baker Boyer:

Baker Boyer is the oldest independently owned community bank in the Pacific Northwest. We are Eastern Washington’s trusted financial advisor, serving the Walla Walla Valley, Tri-Cities and Yakima Valley communities, providing wealth management as well as personal and business banking services.

What We Offer:

• Salary:
• Commercial Credit Analyst- $66,389-$102,903 a year.
• Great Benefits! Medical, Dental, Vision plans with additional:
• ADD & Life Insurance
• Long Term Disability
• 401(k) - 100% safe harbor match up to 6%, plus an additional 6% profit sharing contribution, resulting in employer contributions of up to 12% of annual salary.
• Paid Time Off - 17 days per year.
• Extended Sick Leave (ESL):
• Employees earn ESL each pay period at the rate of .01154 times the number of regular paid hours, excluding overtime.
• 11 Paid Federal Holidays annually*
• Number of paid holidays may be fewer than 11 on years when there are Federal Holidays that are observed on Saturdays.
• Life Assistance Plan
• Free access to certified financial counselors
• Employee Wellness Program
• 8 hours of paid volunteer time annually



About the Commercial Credit Analyst Role:

The Commercial Credit Analyst (Sr. Analyst) role impacts the Bank by fulfilling a critical part of the loan process to move deals from proposal to credit approval.

The Sr. Analyst works independently to produce comprehensive and objective credit analysis of borrowers through the review, spreading and trend comparison of financial reports and assists the Business Advisor in making an informed credit decision.

Additionally, The Sr. Analyst must be able to identify potential risks of the credit using acceptable trend analysis generated by various tools, spreadsheets, and underwriting software and must clearly and concisely communicate such analysis to the Business Advisor and bank management in the form of loan write-ups and other such reports as well as determine the appropriate mitigation of such risks.

The Sr. Analyst must also be able to act on the behalf of their Business Advisor partner, by fulfilling the necessary duties in their absence. This includes acting independently to make decisions regarding the management of the portfolio to ensure that the portfolio continues to provide a revenue stream.




Key Responsibilities:

The Sr. Analyst must be able to complete the following responsibilities independently, with high accuracy and within acceptable turn-times.



• Maintains a pipeline of 4-6 loans in Underwriting and achieves proficiency in complex loan products
• Responsible for preparing the Credit Memorandum detailing the loan request, completing personal and business financial analysis for credit worthiness, analysis of the proposed collateral, an analysis of financial trends, and provide a recommendation that includes a structure matching a borrower’s ability to repay their loans.
• Works with the Business Advisor to gather and analyze data on borrower, history, management experience, industry, and other necessary facts pertinent to preparing a complete and high-quality Credit Memorandum.
• Spreads and analyzes interim and annual financial information, prepares spreadsheets, calculates ratios, prepares budgets and projections of borrowers to determine if they have the capacity to repay debt as agreed.
• Makes recommendations to the person(s) making the final lending decisions on new, renewal and modification loans to approve or deny the extension of credit.
• May assist in presenting loan report to approving managers, Loan Approval Committee (LAC), and the Board of Directors.
• Reports, tracks, and maintains financial monitoring and covenant system for Business Advisors using the Banks covenant tracking system. Works with clients and Business Advisors to collect financial reports and data.
• In conjunction with the Business Advisor(s), the Sr. Analyst helps identify problem credits, and assist in the decision to make a recommendation, so that these credits may be placed on the bank’s problem asset list and a solid management plan may be initiated. Through the periodic analysis of financial information, the Analyst promptly informs the Business Advisor of any unusual events or trends taking place within the credit.
• Assists and provides back-up support to Business Advisors with respect to managing business banking clients.
• Assists in training and developing newly hired and existing Business Analysts. Reinforces group trainings by meeting with analysts in one-one-one meetings, as needed.
• Considered subject matter expert in Business Lending Systems (such as but not limited to Baker Hill NextGen, Xpereience, Info-Access, Microsoft Office programs), financial analysis and loan report writing.
• Promotes and maintains a professional bank image and acts as a role model for all bank employees.
• Demonstrates professionalism and discretion regarding the sensitive and confidential nature of client finances for loans
• Other duties as assigned.

Skills and Qualifications:

• Strong analytical skills with high attention to detail and accuracy
• Ability to understand, spread, and analyze business and personal tax returns, financial statements, and projections.
• Ability to use sound judgement to make a credit decision.
• Knowledge of many different types of business accounting.
• Ability to prepare comprehensive, well-written loan write-ups and other analytical reports.
• Demonstrated ability to efficiently learn new programs and to proficiently use and interpret data provided by software tools, including spreading software.
• Seeks out and participates in ongoing education to maintain knowledge of regulations, industry trends, and economics.
• Ability to quickly learn and work with bank regulations, products, processes & procedures.
• Excellent customer service skills; able to deliver professional and courteous contact with the public in person, on the phone or through written correspondence.
• Proactively builds and maintains positive relationships by portraying an approachable and open-minded outlook. Ability to work effectively within business banking team, with clients, loan production, and with other bank departments.
• Ability to deal with problems involving several variables in standardized situations.
• Demonstrates exceptional time management skills, attention to detail and accuracy; ability to efficiently organize and prioritize multiple tasks.

Education and Experience Requirements:

Minimum of 2-4 years’ experience as a credit analyst in the commercial lending industry and/or applicable work experience. Graduation from a four-year college or university in finance, accounting, business, or related field preferred. Equivalent combination of education and experience to perform the job functions is acceptable. Thorough understanding of GAAP accounting (cash and accrual) and tax accounting for various types of industries including commercial, wineries, agriculture, and dealers. Knowledge and ability to work with Jack Henry and NextGen desired.

Physical Demands/Conditions Requirements:

The job tasks and physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made as appropriate to enable individuals with qualified disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit, write, type, speak, & listen. The employee is occasionally required to stand, walk, reach, stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, depth perception and ability to adjust focus. Ability to sit at desk and work on computer.

Occasional travel for business or educational purposes.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Baker Boyer believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. This position description is designed to outline primary duties, qualifications and job scope, but not limit our employees nor the organization to adjust the work identified. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of the company.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Baker Boyer believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. This position description is designed to outline primary duties, qualifications, and job scope, but not limit our employees nor the organization to adjust the work identified. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of the company.

Baker Boyer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)