Commercial Credit Analyst

Introduction:

The CDFI Commercial Credit Analyst plays a critical role in assessing and evaluating loan applications from small businesses, developers, and nonprofit organizations, supporting projects that drive community revitalization and economic empowerment. This position focuses on building strong customer relationships while adhering to a robust risk and compliance framework, ensuring alignment with credit administration guidelines and organizational goals. Key responsibilities include delivering analytical research, developing innovative credit strategies, and collaborating closely with clients to manage credit portfolios that meet long-term financial objectives. The role emphasizes proactive risk management, governance, and sound decision-making, contributing to Commercial Real Estate (CRE), Commercial & Industrial (C&I), and Small Business markets. With a flexible work environment fostering growth and learning, this role offers opportunities to think creatively, develop new loan approval matrices, and make a meaningful community impact as part of a collaborative, high-performing team.

Key Responsibilities:

• Conduct thorough analysis and underwriting of commercial loan applications, including financial statements, credit reports, business plans, and project feasibility studies.
• Assess credit risk and determine the appropriate loan structure and terms based on borrower's financial health, collateral, and repayment capacity.
• Collaborate with loan officers and other key staff to collect necessary documentation and information from applicants.
• Prepare comprehensive credit memos and present findings to management, loan committee and the Board of Directors as needed for approval.
• Assist the Loan Portfolio Manager with ongoing credit evaluation in servicing, including spreading annual financials.
• Stay updated on industry trends, regulatory requirements, and best practices related to commercial underwriting and CDFI lending.
• Manage loan application software platform, evaluating new loan requests and keeping the database updated.
• Maintain, update and analyze impact metric data, creating new reports as needed to aid in satisfying grant reporting requirements.
• Working with the Portfolio Manager to maintain the Loan Loss Reserve report per CECL guidelines.
• Work with staff to update and revised RVCDF’s loan policy manual.
• Aid staff with CDFI reporting requirements as needed.

Qualifications:

• Bachelor’s degree in finance, accounting, economics, or a related field or extensive, related work experience.
• Minimum of 2 years of experience in commercial underwriting, preferably in a CDFI or community banking environment.
• Strong understanding of financial analysis, credit risk assessment, and loan structuring.
• Strong proficiency in Excel, basic understanding of Quickbooks or other accounting software is a plus.
• Excellent written and verbal communication skills, with the ability to articulate complex financial concepts clearly and concisely.
• Experience with Green Lending is preferred.
• Commitment to the mission and goals of community development and financial inclusion.
• Ability to work independently and as part of a collaborative team environment.
• Strong customer service skills and ability to communicate needs clearly.

Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package including health insurance, retirement plans, and paid time off.
• Opportunities for professional development and career advancement within a growing CDFI.

Application Instructions: To apply, please submit a resume and cover letter outlining your qualifications and interest in the position at the Indeed link. We are committed to diversity and inclusion and encourage individuals from underrepresented backgrounds to apply.

Equal Opportunity Employer: RVCDF is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, disability, or any other basis prohibited by law.

Job Type: Full-time

Pay: $80,000.00 - $100,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Credit Analysis: 2 years (Preferred)

Ability to Commute:

• Seattle, WA 98118 (Required)

Work Location: Hybrid remote in Seattle, WA 98118