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Credit Analyst

Commercial Alliance
Loveland, OH Full Time
POSTED ON 7/26/2024 CLOSED ON 8/24/2024

What are the responsibilities and job description for the Credit Analyst position at Commercial Alliance?

CREDIT ANALYST

Commercial Alliance provides a comprehensive suite of lending services designed to help credit unions

succeed with business members across six states. We are looking for an enthusiastic, self-motivated

professional to assist with Credit.

As a Credit Analyst, you will be responsible for assessing the credit worthiness of individuals and

businesses seeking loans or credit lines. You will analyze financial data, evaluate risk factors, prepare credit

memo write-ups, and provide recommendations regarding credit decisions. You will also review existing

loans for financial performance and compliance with covenants and reassess risk ratings.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Spread, review, and analyze financial statements, credit reports, collateral evaluations, and


other relevant financial information of prospective borrowers. Prepare and underwrite credit

presentations for recommendation.

  • Receive direction from Credit Manager as to reviewing new loan deal packages.
  • Evaluate the risk associated with extending credit to individuals or businesses based on factors


such as income, debt levels, payment history, and market conditions.

  • Ensure compliance with company credit policies and procedures when evaluating credit


applications.

  • Monitor the performance of existing credits, evaluate financial performance and covenant


compliance, identify potential risks, and recommend appropriate actions per policy.

  • Stay informed about industry trends, economic indicators, and regulatory changes that may


impact credit risk.

  • SBA underwriting or assistance with SBA programs or SBA packaging as LSP.
  • Perform other duties as assigned.


QUALIFICATIONS:

  • Bachelor’s degree in finance, accounting, economics, a related field, or equivalent related


Experience

  • Previous experience in credit analysis, financial analysis, or risk management
  • Strong analytical skills with the ability to interpret financial data, lease agreements, and other


contract documents.

  • Knowledge of financial markets, accounting principles, and credit risk assessment techniques.
  • Excellent communication and interpersonal skills.
  • Attention to detail and ability to work independently.
  • Familiarity with regulatory requirements and industry best practices in credit risk management


preferred.

  • Conversant with intermediate level accounting principals (cash/accrual basis, cost, and contractor),


lending experience helpful.

  • Knowledge of and ability to read, interpret and draw accurate conclusions from financial and


numerical material.

  • Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective


judgments as to priority and time allocation.

  • Proficiency in Microsoft Office applications Outlook, Teams, Excel, Word, PowerPoint
  • Preferred 2 years commercial credit analysis experience
  • Preferred familiarity with Baker Hill, Abrigo or other LOS software
Leasing Consultant ? Tax Credit
BGSF -
Cincinnati, OH

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