Commercial Credit Analyst

Commercial Alliance; Troy (MI); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive pay

Medical/Dental/Vision

Life Insurance

Paid Time Off

Employee Assistance

401k Match

Tuition Reimbursement

Job summary

Commercial Alliance is seeking a Credit Analyst to join our Troy, MI team on a hybrid schedule. You will assess creditworthiness of individuals and businesses, analyze financial statements, and prepare credit memos with recommendations.

The role requires attention to detail and ability to interpret contracts and leases. Ideal candidates have a bachelor’s degree in finance or related field and 2+ years of credit analysis experience.

Qualifications

• Bachelor's degree in finance, accounting, economics or related field.
• Previous experience in credit analysis, financial analysis, or risk management.
• Strong analytical skills to interpret financial data and contracts.
• Knowledge of financial markets and credit risk assessment techniques.
• Excellent communication and interpersonal skills.
• Attention to detail and ability to work independently.
• Regulatory awareness in credit risk management preferred.

Responsibilities

• Spread, review, and analyze financial statements, credit reports, and collateral.
• Prepare and underwrite credit presentations for recommendation.
• Review loan packages and monitor compliance with credit policies.
• Evaluate risk when extending credit based on income, debt, and payment history.
• Monitor existing credits for performance and covenant compliance.
• Keep informed about industry trends and regulatory changes.

Skills

Credit analysis

Financial analysis

Risk management

Analytical skills

Communication skills

Detail orientation

Microsoft Office

Education

Bachelor's degree in finance, accounting, economics

Tools

Baker Hill

Abrigo

Job description

Here at Commercial Alliance, we do more together. We thoughtfully prepare, we get stuff done, and we celebrate. Our colleague experience is second to none, attracting top talent from across the industry.

The Culture

• Supportive Teams
• Inspiring spaces to work, recharge and collaborate

The Benefits

• Competitive Compensation
• Medical, Dental, and Vision Benefits
• Life Insurance
• Paid Time Off: Including vacation, sick days, bereavement, jury duty, disability, and holidays
• Employee Assistance Program
• 401k Match
• Tuition Reimbursement

Position: Commercial Credit Analyst

Location: Troy, MI

Job Id:167

# of Openings:1

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.

This is a hybrid position based in either Troy, Michigan, or Loveland, Ohio.

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

Commercial Alliance offers exciting and challenging opportunities to work in a dynamic, collaborative, and innovative environment.. As a part of our team you'll enjoy our competitive salary and benefits packages. You'll also encounter exciting opportunities for both professional and personal growth, along with recognition and valuable experiences.
If you are a strategic thinker with a passion for delivering exceptional products and working in a fast-paced environment, we would love to hear from you.

Commercial Alliance is an equal opportunity employer. We prohibit discrimination and harassment of any kind based on race, color, religion, age, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state or local laws.