Business Credit Analyst 3

Summit Credit Union is seeking a dynamic Business Credit Analyst 3 to join our team and make a significant impact. If you thrive in a fast-paced environment, have a keen eye for detail, and are passionate about helping people, this is the perfect opportunity for you!

Who We Are: At Summit Credit Union, we believe in people helping people. Our mission is to connect, inspire, and act to support our members in making managing money easier, more effective, and more fun. We are committed to our vision and purpose, and we demonstrate this through our values and essential behaviors.

Why Join Us?

• Innovative Environment: Be part of a team that values curiosity, excitement, and optimism.
• Growth Opportunities: Continuous winner of Top Workplace Awards in Wisconsin and Nationally.
• Employee-Centric: Our commitment to our employees’ well-being is demonstrated in our benefit offerings and internal growth opportunities [1].
• Make a Difference: Contribute to the well-being of over 250,000 members in Wisconsin.

Role Summary: As a Business Credit Analyst 3, you will be responsible for analyzing business loan requests to develop thorough and objective credit presentations while ensuring the bank’s lending policies are followed. This includes:

• Analyzing business and personal cash flow and financial statements.
• Comparing with industry trends and/or projections.
• Understanding collateral requirements and reviewing collateral valuations.
• Establishing necessary monitoring reminders to ensure financial requirements are followed.
• Preparing credit presentations for our borrowing relationships in the top 25% of the loan portfolio.
• Performing annual reviews, peer reviews, and financial spreads.

Expected Outcomes:

• High-quality, accurate credit presentations that identify strengths and weaknesses.
• Reliable oversight and monitoring of top 25% loan portfolio relationships.
• Early identification and escalation of credit risks.
• Coaching and recommendations to improve the quality of presentations by junior team members.

Capability Requirements:

• Bachelor’s degree in Finance, Accounting, Economics, or related field
• Four or more years of experience with commercial loan credit analysis or a combination of applicable work experience and education
• Solid understanding of financial statements including tax returns, profit & loss statements, balance sheets, and other business financials
• Awareness of laws and regulations governing lending and accounting practices 
• Professional interpersonal and communication skills for interacting with staff and members 
• Ability to work effectively in a team-based environment with diverse personalities
• In-depth mathematical skills for various financial calculations 
• Strong attention to detail and ability to work efficiently under pressure 
• Proficiency in Microsoft Word, Outlook, and intermediate knowledge of Excel 

If you are excited to learn more and believe Summit could be the place for you, check us out, talk to our employees and members, visit our website, and follow us on social media. If it feels like a good fit, apply today! Summit Credit Union – Where Your Career Makes a Difference!

The above information in this description has been designed to indicate the general nature and level of work performed by employees in this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all outcomes, responsibilities and qualifications required of employees assigned to this job.

Physical Demands of Position: While performing the duties of this position, the employee is required to sit, stand and walk, and use hands and fingers. The employee occasionally must reach above and below shoulder level, and lift/push/pull and /or carry up to 10 pounds. 

Environmental/Working Conditions: Works in a typical administrative setting with climate control and appropriate lighting. Travel to branches requires exposure to outdoor and traffic conditions.

Equipment Used: Variety of office equipment (telephone, printer, pc, mobile devices, etc.).

EEO Statement: At Summit Credit Union, we are committed to providing Equal Employment Opportunity regardless of race, color, religion, sex, age, national origin, disability, military and veteran status, sexual orientation, gender identity, marital status or any other characteristic protected by local, state, or federal law.  We embrace diversity and believe that inclusion is critical to our success as a credit union.  Different makes us better.  Employment decisions are made based on qualifications, merit, and business needs.