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.
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 12%, 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.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/
Salary : $79,000 - $112,000
