Commercial Credit Analyst

Scu-Credit-Union; Marshall Corner (MA); Hybrid; USD 72,000 - 85,000; Full time

Job summary

SCU Credit Union in Massachusetts is seeking a Commercial Credit Analyst to join the Commercial Lending team. This role analyzes commercial real estate, C&I, and construction loan opportunities, evaluating cash flow, collateral, guarantors, and industry risk to support sound lending decisions.

You will prepare concise credit memorandums, communicate risks and mitigating factors, and monitor portfolio risk with annual reviews.

Qualifications

• Bachelor’s degree in Business Administration, Finance, Economics, or related field.
• Minimum of two years of commercial banking experience.
• Formal training or experience in commercial credit analysis and loan review.
• Strong understanding of commercial lending policies, credit standards, loan operations, and regulatory requirements.
• Excellent financial analysis, mathematics, written communication, and verbal communication skills.
• Strong attention to detail with the ability to manage multiple priorities and meet deadlines.
• Ability to work independently and exercise sound judgment.
• Strong organizational, problem-solving, interpersonal, and relationship-management skills.
• Intermediate proficiency with Microsoft Office and spreadsheet/database applications.

Responsibilities

• Review commercial loan applications, financial statements, tax returns, projections, personal financial statements, and other supporting documentation.
• Spread and analyze financial information and identify historical trends, strengths, weaknesses, and emerging risks.
• Evaluate borrower repayment capacity, cash flow, collateral adequacy, guarantor strength, industry risk, and proposed loan structure.
• Perform ratio, trend, and comparative analysis to assess financial condition and creditworthiness.
• Develop independent risk-rating opinions and make sound, judgment-based credit recommendations.
• Approve loans within established lending authority.
• Prepare comprehensive yet concise credit memorandums for new loans, renewals, modifications, extensions, annual reviews, and other credit decisions.
• Clearly communicate the strengths, weaknesses, risks, and mitigating factors associated with each credit relationship.
• Recommend appropriate loan structures and strategies to improve or strengthen commercial relationships.
• Participate in the preparation and review of commitment letters and related loan documentation.
• Conduct annual reviews of commercial loan relationships, including analysis of financial performance, collateral, guarantors, and overall relationship risk.
• Monitor portfolio performance and identify early warning signs, including late payments and changes in borrower financial condition.
• Recommend appropriate risk-rating changes when warranted.
• Review appraisals, environmental reports, post-closing documentation, and other credit-related materials.
• Work closely with Commercial Lending Officers and Business Development Officers to obtain information and clarify credit issues.
• Provide objective credit insight while supporting the goals of the Commercial Lending team.
• Research economic conditions, industry trends, regulatory developments, and business information that may affect borrower and portfolio risk.
• Assist with special projects and other initiatives within the Commercial Lending Division.

Skills

Analytical skills

Credit analysis

Communication

Attention to detail

MS Office

Education

Bachelor’s degree in Business Administration, Finance, Economics, or related field

Tools

Abrigo/Sageworks

Jack Henry

Job description

Description

Are you a commercial credit professional who enjoys looking beyond the numbers?

SCU Credit Union is looking for a Commercial Credit Analyst to join our Commercial Lending team. This is an exciting opportunity for a detail-oriented, analytical professional who understands that great lending decisions require more than spreadsheets—they require sound judgment, curiosity, and the ability to understand the story behind a business.

In this role, you will independently analyze commercial real estate, commercial & industrial, and construction loan opportunities, as well as existing commercial relationships. You will evaluate financial performance, cash flow, collateral, guarantor strength, industry conditions, and overall risk to help SCU make well-informed lending decisions.

You’ll be an important partner to our Commercial Lending and Business Development teams, providing objective credit analysis and recommendations while helping maintain the strength and quality of SCU’s commercial loan portfolio.

What You'll Do

Analyze & Evaluate Credit

• Review commercial loan applications, financial statements, tax returns, projections, personal financial statements, and other supporting documentation.
• Spread and analyze financial information and identify historical trends, strengths, weaknesses, and emerging risks.
• Evaluate borrower repayment capacity, cash flow, collateral adequacy, guarantor strength, industry risk, and proposed loan structure.
• Perform ratio, trend, and comparative analysis to assess financial condition and creditworthiness.
• Develop independent risk-rating opinions and make sound, judgment-based credit recommendations.
• Approve loans within established lending authority.

Prepare Strong Credit Recommendations

• Prepare comprehensive yet concise credit memorandums for new loans, renewals, modifications, extensions, annual reviews, and other credit decisions.
• Clearly communicate the strengths, weaknesses, risks, and mitigating factors associated with each credit relationship.
• Recommend appropriate loan structures and strategies to improve or strengthen commercial relationships.
• Participate in the preparation and review of commitment letters and related loan documentation.

Manage Portfolio Risk

• Conduct annual reviews of commercial loan relationships, including analysis of financial performance, collateral, guarantors, and overall relationship risk.
• Monitor portfolio performance and identify early warning signs, including late payments and changes in borrower financial condition.
• Recommend appropriate risk-rating changes when warranted.
• Review appraisals, environmental reports, post-closing documentation, and other credit-related materials.

Partner Across the Organization

• Work closely with Commercial Lending Officers and Business Development Officers to obtain information and clarify credit issues.
• Provide objective credit insight while supporting the goals of the Commercial Lending team.
• Research economic conditions, industry trends, regulatory developments, and business information that may affect borrower and portfolio risk.
• Assist with special projects and other initiatives within the Commercial Lending Division.

Disclaimer: The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

SUPERVISORY RESPONSIBILITIES: NONE

Requirements

What We're Looking For

We’re looking for someone who combines strong analytical skills with sound business judgment and can confidently communicate a credit decision.

Required Qualifications:

• Bachelor’s degree in Business Administration, Finance, Accounting, Economics, or a related field.
• Minimum of two years of commercial banking experience, which may include business banking, middle-market banking, commercial banking, commercial credit, or credit/risk oversight.
• Formal training or experience in commercial credit analysis and loan review.
• Strong understanding of commercial lending policies, credit standards, loan operations, and regulatory requirements.
• Excellent financial analysis, mathematics, written communication, and verbal communication skills.
• Strong attention to detail with the ability to manage multiple priorities and meet deadlines.
• Ability to work independently and exercise sound judgment.
• Strong organizational, problem-solving, interpersonal, and relationship-management skills.
• Intermediate proficiency with Microsoft Office and spreadsheet/database applications.

Preferred Qualifications:

• Experience with Abrigo/Sageworks and Jack Henry.
• Understanding of SBA 7(a), Express, and/or 504 loan programs.
• Experience analyzing commercial real estate, C&I, and construction lending.
• Experience with portfolio monitoring, risk ratings, and annual commercial loan reviews.

Compliance & Professional Development

As a member of SCU’s Commercial Lending team, you will maintain current knowledge of commercial lending practices, credit standards, loan products, and applicable regulations.

You will be expected to comply with all applicable federal and state laws, regulations, credit union policies, and training requirements, including applicable requirements related to BSA/AML, Fair Lending, ECOA, FCRA, Fair Housing, HMDA, CRA, OFAC, Regulation O, and the Flood Disaster Protection Act.

SCU supports continual professional development through industry seminars, webinars, training programs, and other learning opportunities.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate. Remote or Hybrid Remote schedule possible

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle or feel, reach with hands and arms; and talk or hear. The employee is occasionally required to stand and walk. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, peripheral vision, and ability to adjust focus.

The pay range for this position is $72,000 to $85,000 per year and is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. The range may be modified in the future. An employee’s pay within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability.

SCUCU is an equal employment opportunity employer.