What are the responsibilities and job description for the Commercial Senior Credit Analyst position at Pacific Crest Savings Bank?
Overview : Pacific Crest Savings Bank is a local, independently owned community bank based in Lynnwood, WA, known for its commitment to providing exceptional service to clients with personalized banking and lending solutions delivered by a team of dedicated professionals. Founded in 1984, Pacific Crest is a state-chartered savings bank regulated by the Washington State Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC).
Pacific Crest is regularly ranked among Washington’s “Best Workplaces” and is consistently recognized for its corporate giving. Learn more at
Position : Commercial Senior Credit Analyst.
Reports to : President|CEO and VP|Lending Operations
Job Summary : The Senior Credit Analyst is responsible for effectively conducting credit analysis, which includes gathering, analyzing, and interpreting all types of credit information on existing and prospective customers and real estate collateral. The Senior Credit Analyst will assist the Lending Manager / Loan Officer in compiling Credit Memo presentations for the Loan Committee for new loans, renewals, extensions, modifications, or financial monitoring of existing loans.
In this role, you will analyze requests for permanent and construction financing secured by residential and commercial real estate while helping us ensure regulatory compliance and excellent client service.
Responsibilities :
- Prepare and present credit requests to the Loan Committee for use in support of lending decisions.
- Analyze financial statements, tax returns, and real estate collateral.
- Perform collateral and global cash flow analysis.
- Review residential and commercial real estate appraisals and environmental assessments.
- Review entity organizational documentation, including complex ownership structures.
- Prepare Commitment Letters, Adverse Action Notices and Counteroffers.
- Assist loan processing staff in determining client and property documentation required and preparing Lists of Items / Incomplete Notices.
- Assist loan processing staff in review of conditions and loan documents for funding.
- Assist loan processing staff in ensuring compliance with federal regulations (Reg B / ECOA, Reg C / HMDA, Flood Disaster Protection Act, Certification of Beneficial Ownership, Reg X / RESPA and Reg Z / TILA).
- Interact with Bank-approved appraisers regarding questions / corrections on appraisal reports.
- Review new appraiser applicants and make recommendations for approval to the Loan Committee.
- Independently research and analyze industry and market data for collateral categories including 1-4 family property evaluations for internal purposes.
Experience :
Skills :
Benefits :
Compensation
85,000 - $105,000
This position is eligible to participate in an established bonus plan.
Interested?
Become a part of Pacific Crest’s amazing team. Please send a cover letter and resume to : HR@paccrest.com
Pacific Crest Savings Bank is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need. Employment at Pacific Crest Savings Bank is on an at-will basis.
Salary : $85,000 - $105,000
