Commercial Lending Credit Analyst

Job Overview

The Commercial Credit Analyst is responsible for evaluating the financial health and creditworthiness of businesses seeking financing. This role involves analyzing financial statements, assessing risk factors, and preparing detailed credit reports to support lending decisions. The analyst will collaborate closely with relationship managers and underwriters to structure credit solutions that align with the institution's risk appetite while meeting clients' needs. Strong analytical skills, attention to detail, and a deep understanding of financial principles are essential to succeed in this role. Additionally, the analyst will monitor existing credit portfolios to identify and mitigate potential risks.

Duties and Responsibilities

• Reviews the loan request package for completeness and accuracy. Co-ordinates with the business lending manager and branches on identifying the purpose, primary, and secondary sources of repayment as well as ensuring sufficient information has been collected to perform an accurate and thorough analysis of the request.
• Reviews and analyzes the corporate financial statements and/or tax returns, personal financial statements, personal tax returns & other information relevant to the loan request. The analysis may include the spreading of financial statements and/or tax returns, completion of a cash flow analysis, calculation of the repayment ability on a project or global basis, determination of the acceptability of personal and business credit histories, and assessment of the value of the proposed collateral.
• Identifies the market and credit risks associated with the request and seeks to mitigate these risks through loan structuring, perfecting additional sources of repayment, and/or encumbering additional collateral.
• Prepares a loan package and recommendation for the consideration of business loan committee or the approval authority which includes a credit approval memorandum (CAM), summary analysis and risk rating matrix.
• Completes commitment letters and/or term sheets to negotiate and finalize the commitment with the customer.
• Assists with the construction due diligence function by reviewing and approving the project budgets, analyzing the general contractors and ensuring the construction risk is minimized.
• Directs the ordering of appraisals and environmental reports with the business lending specialist in accordance with the approved CAM and the business lending standards; reviews appraisals and environmental reports for completeness, accuracy, and acceptance with federal regulations and Citadel due diligence standards; and assists with site visits and completing environmental checklists when necessary.
• Assists with the portfolio maintenance function through the completion of periodic reviews, collateral re-evaluations, and assistance during the work-out process.
• When necessary, assists with managing customer relationships and addressing on-going loan servicing issues as directed by the business lending manager.

Qualifications and Education Requirements

Work Experience

• 4-7 years direct underwriting or credit analysis experience.
• Familiarity with GAAP, financial statements, financial ratios, corporate & personal tax returns, personal & business credit reports, and cash flow analysis.
• Understanding of commercial appraisals and environmental assessments including FIRREA, USPAP, CERCLA and the AII Appropriate Inquiries Rule.
• Knowledge of the commercial and residential construction loan due diligence process including project budget review, site inspections, AIA standards and contractor lien law.
• Knowledge of NCUA & Commonwealth of Pennsylvania rules and regulations as concerns commercial lending.
• Microsoft Office; Adobe PDF Files
• Member service skills, ability to work in a team environment, good communication skills

Education

• Bachelor’s Degree in Finance or Accounting
• Performance Measurements
• Performance is based on the Citadel corporate scorecard as well as departmental and individual goals

Work Environment

This position will be in an office environment with most work done on a computer. Any necessary accommodations will be provided.

Physical Demands

The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The employee will regularly lift and/or move up to ten pounds. The employee will regularly sit; talk; hear; use hands to finger, handle, or feel; and reach with hands and arms. The employee will occasionally stand. Special vision requirements include close vision and the ability to adjust focus. The noise level in the work environment is usually moderate.

EEO Statement

Citadel is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, other protected status, such as race, religion, color, national origin, sex, age. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.

Experience

• evaluating the financial health and creditworthiness of businesses seeking financing. This role involves analyzing financial statements, assessing risk factors, and preparing detailed credit reports to support lending decisions.

Education

• Bachelors or better

Skills

• Financial Ratios
• Financial Statements
• GAAP
• Credit
• Underwriting

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)