Commercial Credit Analyst

Socket.dev; Marshfield (WI); On-site; USD 60,000 - 80,000; Full time

Job summary

Socket.dev is seeking a Commercial Credit Analyst in the United States to analyze financial data and assess creditworthiness to support lending activities. You will prepare analyses, evaluate loan files, and help with compliance and reporting while collaborating with the lending team to build a solid foundation in commercial credit.

Ideal candidates will have a bachelor's degree in accounting or finance and strong analytical and communication skills, with a focus on accuracy and prudent

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Strong mathematical and analytical skills with attention to detail.
• Effective written and verbal communication skills.
• Ability to exercise sound judgment and discretion.

Responsibilities

• Analyze financial information to evaluate creditworthiness and risks.
• Complete financial loan presentations and report results to lending officers; maintain loan reports.
• Assist with loan documentation including SBA, FSA, or WHEDA guarantees.
• Provide timely follow-up on recommendations and resolutions.
• Assist external auditors and ensure compliance with bank policies.
• Maintain tickler systems for tracking key items and deadlines.

Skills

Analytical skills

Attention to detail

Communication

Judgment and discretion

Education

Bachelor's degree in Accounting or Finance

Job description

Named American Banker's "Best Banks to Work For" six consecutive years and now CertifiedTM by Great Place To Work....Here's your chance to Move FORWARD with us and see what all the excitement is about!

As a Commercial Credit Analyst, you'll analyze financial data and assess creditworthiness to support the bank's lending functions. Your role will involve preparing financial analyses, evaluating loan files, and assisting with compliance and reporting requirements. This position works closely with our lending team to build a strong foundation in commercial credit, client needs, and sound lending practices. For a high performing individual with strong relationship-building skills and in interest in business development, this position may provide a pathway to a future Commercial Lender role as opportunities and organizational needs evolve.

Key Responsibilities

• Analyze financial information to evaluate creditworthiness and risks.
• Complete financial loan presentation, reporting results to lending officer(s), and maintain various loan reports.
• Assist with loan documentation, including applications for SBA, FSA, or WHEDA guarantees.
• Provide timely follow-up on recommendations and resolutions.
• Assist external auditors and ensure compliance with bank policies.
• Maintain tickler systems for tracking key items and deadlines.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Previous experience in a credit analysis role is preferred but not required.
• Strong mathematical and analytical skills, with strong attention to detail.
• Effective written and verbal communication skills.
• Ability to exercise sound judgment and discretion.

Join our team and help us live our mission… To Move Our Communities FORWARD!