Commercial Credit Analyst

COCC; Essex (CT); On-site; USD 100,000 - 125,000; Full time

Job summary

COCC, a long established Connecticut credit union, is seeking a Senior Commercial Credit Analyst to join its commercial lending team on-site in Essex. The role focuses on underwriting and reviewing commercial relationships, with emphasis on larger, more complex credits.

You will contribute to portfolio reporting, risk management, and mentoring junior analysts while collaborating with loan officers to gather documentation and ensure adherence to lending policies.

Qualifications

• Knowledge of tax return analysis and financial statement analysis.
• Strong credit skills and decision-making ability.
• At least three years of related experience and/or training.

Responsibilities

• Collaborate with Loan Officers to organize and track financial documentation throughout the underwriting process.
• Maintain quality credit files to support audits and regulatory reviews.
• Evaluate the financial condition of complex commercial entities, focusing on debt service, collateral, and risk for Commercial and Industrial and Commercial Real Estate Loans.
• Validate loan requests align with lending policy, documenting risks and recommending risk ratings.
• Interface directly with borrowers and accountants to clarify financial data and underwriting requirements.
• Complete annual reviews for existing borrowing relationships per loan policy.
• Manage portfolio data for monthly and quarterly reporting and assist with external loan reviews.
• Mentor junior analysts with guidance and technical support.
• Identify efficiencies in underwriting workflows and develop tools to enhance portfolio management.

Skills

Tax return analysis

Financial statement analysis

Credit skills

Tools

Word

Excel

Loan software

Data center software

LoanVantage

Job description

Our client, a long established credit union on the Connecticut shoreline, is seeking a Senior Commercial Credit Analyst to join its commercial lending team. This role is responsible for underwriting and reviewing commercial lending relationships, with a focus on larger and more complex credits. The position also plays an important role in portfolio reporting, risk management, and mentoring junior analysts.

Why Consider This Opportunity

This is an excellent opportunity for a credit professional who enjoys analytical work, collaboration with lending teams, and helping strengthen underwriting processes.

• Opportunity to work on complex commercial credits.
• Visible role supporting loan quality, portfolio oversight, and credit risk management.
• Chance to mentor junior analysts and help improve underwriting processes.
• Position with a well established credit union serving the Connecticut shoreline market.

Key Responsibilities

• Collaborate with Loan Officers to organize and track financial documentation throughout the underwriting process.
• Maintain quality credit files to support smooth audits and third party regulatory reviews.
• Evaluate the financial condition of complex commercial entities, with a focus on debt service, collateral support, and overall risk assessment for both Commercial and Industrial and Commercial Real Estate Loans.
• Validate that all loan requests align with established lending policy, documenting specific risks and recommending appropriate risk ratings.
• Interface directly with borrowers and accountants to clarify financial data and support underwriting requirements.
• Complete annual reviews for existing commercial borrowing relationships in accordance with loan policy parameters.
• Manage portfolio data for monthly and quarterly reporting and assist with external loan review processes.
• Mentor junior analysts by providing guidance and technical assistance.
• Identify efficiencies in underwriting workflows and develop tools to enhance portfolio management.

Qualifications

• Knowledge of tax return analysis, financial statement analysis, and sound credit skills
• At least three years of related experience and/or training, or an equivalent combination of education and experience.
• Strong knowledge of Word, Excel, loan software, and data center software.
• Experience with LoanVantage is desired.

This is an 5 day on-site role in Essex, CT. The salary range is $100,000 - $125,000 annually.