Commercial Credit Analyst

Ascendo Resources; United States; On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

A leading staffing firm is seeking a Commercial Credit Analyst to enhance its banking team. The role involves analyzing credit applications, ensuring compliance with bank policies, and recommending credit decisions. Candidates must possess a Bachelor's degree in finance, economics, or accounting along with 3+ years of relevant experience. The position offers opportunities for interaction with clients, stakeholders, and a focus on financial analysis. Competitive benefits and a full-time employment type make this role an attractive opportunity.

Qualifications

• 3+ years of experience in a credit analysis role.
• Firm understanding of financial analysis and financial statement interpretation.
• Experience dealing with clients and regulatory agencies.

Responsibilities

• Assess credit applications ensuring compliance with bank policies.
• Review financial statements to determine creditworthiness.
• Identify potential risks and recommend actions to minimize losses.

Skills

Strong analytical skills

Excellent attention to detail

Communication skills

Interpersonal skills

Ability to prioritize work

Education

Bachelor's degree in finance, economics or accounting

Tools

Microsoft Office applications

Financial analysis tools

Job description

This range is provided by Ascendo Resources. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $110,000.00/yr

Additional compensation types

Annual Bonus

Seeking a Commercial Credit Analyst to join a growing banking team!

You will be responsible for analyzing and assessing the creditworthiness of our clients. You will work closely with our relationship managers to evaluate credit applications and provide recommendations on credit decisions. You will also monitor existing credit relationships to ensure compliance with credit policies and procedures.

Key Responsibilities:

• Assess credit applications from individuals, businesses, and corporations, ensuring compliance with bank policies and regulations
• Review financial statements, balance sheets, income statements, tax returns and other financial data to determine the creditworthiness of loan applicants
• Identify potential risks and provide recommendations to minimize credit losses
• Conduct in-depth analysis of customer financial information and credit reports to establish credit limits and terms
• Maintain accurate records of credit assessments, reports, and recommendations
• Interact with clients and stakeholders to gather additional information or to explain the bank's policies and procedures regarding credit products
• Monitor credit risk exposure and provide regular credit risk management reports to the management and stakeholders

Requirements:

• Bachelor's degree in finance, economics or accounting
• 3+ years of experience in a credit analysis role in the banking, financial services, or related industry
• Strong analytical skills with excellent attention to detail
• Firm understanding of financial analysis and financial statement interpretation
• Experience dealing with clients, stakeholders, and regulatory agencies
• Ability to prioritize work, meet deadlines, and work under pressure
• Excellent communication and interpersonal skills
• Proficient in Microsoft Office applications and other financial analysis tools

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Analyst, Finance, and Accounting/Auditing

Industries

Banking, Financial Services, and Investment Banking

Benefits

• Medical insurance
• Vision insurance
• 401(k)