What are the responsibilities and job description for the Commercial Credit Analyst position at Suncoast Credit Union?
Overview
Compensation: $79,000 - $112,000 based on experience and credentials
Location Type: Hybrid opportunity with 2-3 days a week of onsite availability
Position Type: Full Time
Schedule: Monday through Friday 8:00 AM - 5:00 PM
The Commercial Credit Analyst underwrites commercial and small business loan requests greater than $250,000. Key responsibilities include reviewing and analyzing file information such as CPA quality financials, tax returns, credit reports, appraisals, other research, and market data. An ideal candidate is a detailed-oriented, self-motivated individual who successfully manages responsibilities to meet deadlines.
Responsibilities
Company Overview
Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934, Suncoast has never furloughed any employees.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/
Compensation: $79,000 - $112,000 based on experience and credentials
Location Type: Hybrid opportunity with 2-3 days a week of onsite availability
Position Type: Full Time
Schedule: Monday through Friday 8:00 AM - 5:00 PM
The Commercial Credit Analyst underwrites commercial and small business loan requests greater than $250,000. Key responsibilities include reviewing and analyzing file information such as CPA quality financials, tax returns, credit reports, appraisals, other research, and market data. An ideal candidate is a detailed-oriented, self-motivated individual who successfully manages responsibilities to meet deadlines.
Responsibilities
- Prepare detailed Credit Action Memorandum (CAM) recommendations to present to the decision-makers and the credit committee
- Gather the applicant’s financial information and perform a detailed analysis of financial data and other relevant information
- Prepare financial spreads to generate financial ratios and evaluate a borrower’s financial status
- Determine the borrower’s cash flow and capacity to service debt
- Summarize borrower’s financial statements and historical performance
- Detail identifiable risks associated with the credit quality of loans and collateral
- Interpret financial data and make loan recommendations to lenders and the loan committee
- Collaborate with the loan officer on any identified financial deterioration of the borrower
- Monitor maturing loans and gather the necessary information to consider extensions or modifications
- Maintain knowledge and understanding of current trends, laws, and issues affecting the area of expertise
- Attend educational events to increase professional knowledge
- Bachelor’s degree in a business-related field (A comparable combination of work experience and training may be substituted for education requirements)
- 5 years of commercial or business lending experience with a financial institution including underwriting traditional credits
- Excellent knowledge and understanding of commercial lending products, services, policies, and procedures
- Excellent financial analysis skills
- Knowledge of banking regulations and best practices.
- Ability to prioritize tasks by effectively managing competing and changing priorities to meet required deadlines
- Accurate, detail-oriented, and organized with task management
- Ability to resolve difficult and complex problems
- Strong written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
- Ability to influence others regarding policies, practices, and procedures
- Strong knowledge and understanding of regulatory compliance to successfully perform job responsibilities
- Must maintain a high level of confidentiality
- Financial Well-Being: Bonus Program up to 9%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
- Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000 Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
- Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
- Community Involvement: Paid Volunteer Hours
- Growth: Degree Assistance up to $5,000 per year
Company Overview
Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934, Suncoast has never furloughed any employees.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/
Salary : $5,000
