Commercial Credit Analyst

RiseMe; Troy (MI); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Competitive compensation package

Flexible paid time off

Exposure to different areas of banking

Community-focused events

Job summary

Independent Bank in Michigan seeks an experienced Commercial Credit Analyst to support our lending team. You will evaluate the financial strength and creditworthiness of business customers, spread and interpret financial statements, and help structure loans that align with policy and client needs.

You will collaborate with lenders, prepare concise analyses, and participate in borrower calls to understand industry risks and opportunities.

Qualifications

• Bachelor’s degree in Accounting, Business, Finance, or related field, or equivalent.
• 2+ years of commercial credit analyst experience preferred.
• Strong accounting foundation including cash/accrual basis.
• Familiarity with commercial lending; direct lending a plus.
• Excellent interpersonal and communication skills; ability to explain financial data clearly.

Responsibilities

• Spread and analyze financial statements for borrowers, co-borrowers, guarantors, and related entities.
• Perform credit inquiries and due diligence to support lending decisions.
• Assess cash flow sufficiency, debt service, collateral adequacy, and borrower risk.
• Review loan structures and propose customer-focused options aligned with bank policies.
• Prepare clear credit analyses and loan proposals for leadership and lenders.
• Conduct trend analysis to monitor ongoing creditworthiness.

Skills

Credit Analysis

Financial Statement Analysis

Financial Modeling

Communication Skills

Education

Bachelor's degree in Accounting/Finance/Business

Equivalent combination of education and experience

Tools

Excel

Job description

Be Proud, Be YOU, Be Independent!

Are you an experiencedCredit Analyst who is eager to grow their career in Commercial Banking? If so, we need you!

At Independent Bank, we live our values of Courage, Drive, Integrity, People-Focus, and Teamwork. We foster professional growth and embrace the collective strength of your unique experiences, ideas, and talents. Our inclusive, collaborative culture helps us deliver the best solutions for our clients and communities as we pursue our mission: Inspiring financial independence today, with tomorrow in mind!

About the Job:

Are you passionate about digging into numbers and helping to make smart lending decisions? As a Commercial Credit Analyst at Independent Bank, you’ll play a key role in supporting our commercial lending team by evaluating the financial strength and creditworthiness of our business customers. You’ll prepare detailed credit analyses and loan proposals, spread and interpret financial statements, and help structure loans that align with our policies while meeting customer needs. This is a great opportunity to grow your career in commercial banking and work closely with experienced lenders and leaders across the organization.

Why You Should Apply:

• Competitive compensation package.
• Accommodating and flexible paid time off.
• A knowledgeable, goal-driven, and exciting team of colleagues.
• Exposure to different areas of banking and the ability to work with leaders within the industry.
• Community-focused events and volunteer opportunities.

What You Will Do:

• Be a key partner to commercial lenders by spreading and analyzing financial statements for borrowers, co‑borrowers, guarantors, and related entities.
• Perform and review credit inquiries and other due diligence to support sound lending decisions.
• Use independent judgment to assess:
  • Cash flow sufficiency;
  • Debt service capacity;
  • Collateral adequacy;
  • Overall borrower risk rating.
• Review proposed loan structures and recommend options that are both customer‑focused and aligned with bank policies and guidelines.
• Prepare clear, concise credit analyses and loan proposals that help leadership and lenders make prudent credit decisions.
• Conduct trend analysis on borrower financial performance to monitor ongoing creditworthiness.
• Join lenders on customer calls to better understand each business, its industry, and its unique risks and opportunities.
• Take on additional related duties as needed as you grow in the role

What We’re Looking For:

• Bachelor’s degree in Accounting, Business, Finance, or a related field; or equivalent combination of education and relevant work experience.
• 2+ years of commercial credit analyst experience is preferred.
• Strong accounting foundation, including knowledge of cash/accrual basis accounting, cost accounting, and contractor accounting.
• Familiarity with commercial lending; direct lending experience is a plus.
• Excellent interpersonal, presentation, and communication skills, with the ability to clearly explain complex financial information to different audiences.
• Strong analytical, problem‑solving, and critical‑thinking skills, with the ability to exercise independent judgment.
• High level of integrity and commitment to confidentiality, information security, and ethical standards.

If you enjoy combining detailed financial analysis with real‑world business insight—and want to build your career in commercial banking—apply today!

Be Proud. Be YOU. Be Independent!

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review Know Your Rights notice from the Department of Labor.