What are the responsibilities and job description for the Commercial Credit Analyst position at SECU?
Who we are:
At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.
Every employee at SECU contributes to our members financial well-being, and well always do whats right for our members, employees, and communities.
Feel good about what you do. Belong to a place where you matter and can make a difference.
What you will do:
The Commercial Credit Analyst will provide critical credit and analytical support to ensure high-quality underwriting for loan requests and annual reviews. The role involves identifying risks, suggesting mitigants, designing appropriate loan structures, and ensuring compliance with SECU policies, procedures, and regulatory requirements. The Analyst will gather information, analyze financial statements, and prepare loan write-ups and annual reviews. They will also compile reports and perform analytical tasks required for regulatory compliance, audits, and Board of Directors' reporting.
The ideal candidate will possess strong analytical skills to assess business loan needs, evaluate loan structures, and determine repayment capacity. This position requires a solid understanding of business enterprises, underwriting concepts, accounting terms, business financials, tax returns, and lien requirements to present viable business loans. Knowledge of SBA, CRE, and C&I products is a plus. The Analyst will work closely with various departments within Business Services to support small business loans and coordinate complex loan commitments and settlement processes. Strong interpersonal skills and the ability to interact effectively with employees at all levels are essential for success in this role
The Commercial Credit Analyst adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending and Information Security.
A day in your life might include:
- Prepare loan write-ups from beginning to final product, ensuring accuracy and completeness throughout the process.
- Gather data from internal and external sources, including financial statements, tax returns, and other relevant documentation.
- Spread and analyze financial information to evaluate the creditworthiness and financial stability of borrowers.
- Prepare detailed loan write-ups that summarize financial analysis, risk assessments, and proposed loan structures.
- Conduct annual reviews of existing loans, including gathering necessary data, analyzing financials, and updating loan write-ups accordingly.
- Ensure all loan write-ups and reviews comply with SECU policies, procedures, and regulatory requirements.
- Collaborate with internal teams to gather additional information or clarification as needed to complete loan write-ups and reviews.
- Compile and present key findings from financial analyses in a clear, concise format for review by management and decision-makers.
- Assist with the preparation of reports for regulatory compliance, audits, and Board of Directors presentations.
- This is not meant to be an exhaustive list and other duties and responsibilities will be requires.
- Duties may evolve over time in response to portfolio growth and changes within the department. As the transition to internal underwriting progresses, the individual will work under the direction of the Commercial Lending Credit Manager to assist in the design of policies, procedures, and forms
What we need from you:
Education and Experience Requirements
- Bachelors Degree or equivalent experience required
- Minimum of 3 years experience in lending or financial services preferred
- Relationship Management/Commercial loan analysis/SBA Lending experience preferred
- Takes personal responsibility for decisions, actions, failures and overall deliverables
- Utilizes oral and written communication to enhance relationships across the organization
- Clearly communicates information, thoughts and ideas in a clear, concise and organized manner
- Relates comfortably with people across levels, functions, culture, and geography
- Adjusts effectively to work within new work structures, processes, requirements, or cultures
- Demonstrates an understanding of SECUs culture, core values, mission and strategic priorities as it relates to ones work and overall performance
Compensation Information: Offers will be commensurate with experience and education. Please Note: We typically hire at or below mid-point, which is $95,900 for this role.
- Salary: Min. $73,800 Max. $118,000
Other Compensation Includes:
- Annual corporate-wide incentives
We provide comprehensive benefits, with a focus on total well-being:
- Medical, vision, dental benefits
- 401k plan with company matching
- Generous sick, vacation and personal leave
- And more...2025SECUBenefitsGuide.pdf
SECU is committed to fostering a diverse, equitable, and inclusive workforce where all individuals are valued and respected. We take pride in providing equal opportunities for all qualified applicants regardless of race, ethnicity, national origin, gender, sexual orientation, gender identity or expression, religion, military or veteran status, or any other characteristics protected by law.
Salary : $73,800 - $95,900
