Commercial Credit Analyst

Minnbankers; Saint Cloud (MN); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Health insurance

Retirement plan with employer contrib.

Paid time off

Paid holidays

Life and disability insurance

Bonus compensation

Job summary

Midwest Business Finance Corporation (MBFC) is seeking an experienced Commercial Credit Analyst to join our team in St. Cloud, Minnesota.

This full-time role focuses on underwriting loans, analyzing financial statements, and preparing comprehensive credit memoranda for SBA 504 and other lending programs. The position requires strong analytical skills, attention to detail, and the ability to manage multiple underwriting priorities while meeting deadlines.

Qualifications

• Bachelor's degree in finance, accounting, business, or related field; equivalent lending experience considered.
• Three+ years of commercial credit underwriting and financial analysis experience preferred.
• Strong knowledge of financial statements, cash-flow analysis and credit risk.

Responsibilities

• Review loan applications and supporting documentation for completeness and creditworthiness.
• Analyze business and personal financial statements, tax returns, projections and collateral.
• Prepare credit memoranda with proposed loan structure and risks.
• Review real estate appraisals, environmental reports, and related documentation.
• Coordinate with business development and loan staff to move requests through underwriting.

Skills

Credit underwriting

Financial analysis

Cash-flow analysis

Communication

MS Office

Education

Bachelor's degree

Equivalent lending experience

Tools

Excel

Word

Outlook

Job description

Job Description

Midwest Business Finance Corporation (MBFC) is seeking an experienced Commercial Credit Analyst to join our team. This is an immediate, full-time position based in our St. Cloud, Minnesota office.

Commercial Credit Analyst

Midwest Business Finance Corp.

616 Roosevelt Rd., St. 200, St. Cloud, MN 56301

Job Description

Midwest Business Finance Corporation (MBFC) is seeking an experienced Commercial Credit Analyst to join our team. This is an immediate, full-time position based in our St. Cloud, Minnesota office.

Key Responsibilities:

• Review loan applications and supporting documentation for completeness, eligibility, and creditworthiness.
• Analyze business and personal financial statements, tax returns, projections, repayment ability, collateral, guarantor strength, and other relevant credit information.
• Prepare comprehensive credit memoranda that clearly identify the proposed loan structure, repayment sources, financial trends, strengths, weaknesses, and credit risks.
• Review commercial real estate appraisals, environmental reports, and related third-party documentation.
• Communicate with business development officers, and internal loan staff to gather information and move loan requests through the underwriting process.
• Manage assigned underwriting files and priorities while meeting internal and SBA-related deadlines.
• Maintain a thorough working knowledge of MBFC lending policies, procedures, and credit standards.
• Maintain a thorough working knowledge of SBA 504 program requirements.

Compensation and Benefits:
Starting salary range: $65,000 - $85,000+ annually, based on experience and qualifications.
MBFC offers a comprehensive benefits package that includes health insurance, dental coverage, retirement plan and employer contribution, paid time off, paid holidays, life and disability insurance, and bonus compensation.

Qualifications

• Strong knowledge of commercial credit underwriting, financial statements, cash-flow analysis, and credit risk.
• Strong analytical, mathematical, problem-solving, and decision-making skills.
• Excellent written and verbal communication skills.
• Strong organizational skills and attention to detail.
• Ability to manage multiple priorities and work independently while contributing effectively within a team.
• Proficiency with Microsoft Word, Excel, Outlook, and related business software.
• Bachelor's degree in finance, accounting, business, or a related field preferred. Equivalent commercial lending or credit experience will also be considered.
• Three or more years of commercial credit underwriting and financial analysis experience preferred.
• Commercial real estate, SBA lending, or SBA 504 experience is helpful but not required.

About Us

MBFC is a nonprofit Certified Development Company that originates and services SBA 504 fixed-asset commercial loans in partnership with the U.S. Small Business Administration. Since 1983, we have helped small businesses finance real estate, construction, and equipment projects throughout Minnesota, North Dakota, Wisconsin, and select counties in South Dakota and Iowa.
This position is an excellent opportunity for an experienced credit professional who enjoys detailed financial analysis, values responsive client service, and wants to help small businesses grow. MBFC offers a stable, collaborative work environment, competitive compensation, strong benefits, and opportunities for professional growth.

MBFC is an equal opportunity employer.