Commercial Credit Analyst

Description

The Senior Commercial Credit Analyst reports to the VP, Commercial Credit Manager and plays a pivotal role in supporting the Bank’s commercial lending by assessing and mitigating the risk associated with loan transactions. This role is responsible for conducting a thorough analysis of individual commercial credit applications and associated annual reviews.

KEY RESPONSIBILITIES: 

Analysis

· Critical analysis of financial information provided by borrowers and guarantors to determine sources and uses of assets and risk profile.

· Reconciling borrower financial data to appropriate industry standards. Analyze financial statements, tax returns, and other relevant documents to assess a borrower’s financial health and repayment ability.

· Assist in the preparation of credit approval memos and loan presentations for review by credit committees or senior analysts.

· Prepare financial analysis, cash flow models, and industry research to structure appropriate credit solutions.

· Conduct risk assessments on borrowers, industries, and collateral.

· Monitor and review existing credit relationships for performance, covenant compliance, and renewal needs.

· Review of external reports to ascertain current or future concerns.

Reporting & Data Integrity, Compliance

· Support institutional and regulatory reporting through the collection, verification, and maintenance of loan-related data. 

· Maintain organized loan files and ensure timely updates to customer and loan records.

· Support process to create and execute legal and credit documentation.

· Support Commercial Credit Administrator with administrative tasks that are required to maintain loan transaction flow.

Stakeholder Communication & Relationship Management

· Ensure effective communication and timely updates with internal and external stakeholders involved in the commercial transaction.

· Work in conjunction with other departments to assist in resolving commercial customer needs such as overdraft protection, new accounts and servicing questions.

Other

· Assist in the ongoing enhancement of underwriting processes, credit models, and risk rating systems.

· Stay current on market conditions, industry trends, and regulatory changes affecting commercial credit risk.

· Actively participate in the Bank’s community involvement initiatives, supporting CRA-related activities and representing the Bank in service opportunities that align with its mission of local impact.

Requirements

Education & Experience

· Bachelor’s Degree, preferably in Finance, Accounting, or Business Administration or related field ie. Economics. 

· Experience in commercial credit analysis, commercial banking, or financial services (internships or co-op experience may be acceptable)

· Strong knowledge of financial statement analysis, cash flow analysis, and accounting principles.

· Familiarity with compliance requirements (CRA, Reg B & HMDA) and regulatory reporting (e.g., HMDA, UCC filings).

Skills

· Proficiency in Microsoft Office Suite (Word, Excel, Outlook); ability to learn and utilize bank-specific systems and software.

· Experience with credit analysis tools or financial modeling a plus.

· Effective analytical skills that produce educated assessments and conclusions.

· Strong organizational and time management abilities with a focus on meeting deadlines and maintaining accuracy.

· Excellent written and verbal communication skills to present a complete analysis.

· Problem-solving mindset with the ability to adapt to changing priorities and resolve transaction issues efficiently.

· Exposure to C&I (Commercial & Industrial) or CRE (Commercial Real Estate) lending.

· Familiarity with regulatory and compliance requirements in banking.