Commercial Credit Analyst II

Univest; Pittsburgh (Allegheny County); Hybrid; USD 60,000 - 70,000; Full time

Benefits offered by this job

Health Insurance: Medical, dental and

Retirement Plan with 401(k) match

Paid Time Off (PTO) 15 days annually

Short Term Disability

Holiday Time Off: 11 paid holidays

Life Insurance and supplemental ins.

Tuition reimbursement

Employee Wellness programs

Discounts on loan products

Professional development trainings

Job summary

Univest is seeking a Commercial Credit Analyst to support underwriting by analyzing financial information, preparing credit memoranda, evaluating risk, and partnering with Relationship Managers, Portfolio Managers, and Credit Officers to serve customers with confidence and care.

This hybrid role could work out of our regional offices in Souderton, Doylestown, King of Prussia, or Lancaster, PA.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or Economics (or related field).
• Minimum 3 years’ commercial banking underwriting experience.
• Knowledge of Commercial & Industrial, Commercial Real Estate, and Small Business Lending.
• Strong organizational and written/oral communication skills.
• Proficient in Microsoft Office and financial spreading tools.

Responsibilities

• Independently underwrite commercial credit exposures ($1MM - $4MM).
• Organize financial data and spread all levels of financial information.
• Prepare cash flow charts, covenant tests, and assess collateral.
• Write credit risk assessments for lending teams and credit officers.
• Complete compliance and underwriting training as assigned.

Skills

Credit risk evaluation

Financial statement evaluation

Business writing

Microsoft Office

Communication skills

Education

Bachelor’s of Science in Finance, Accounting, Business Administration, or Economics

Tools

NCino

Salesforce

Job description

Overview

At Univest, we believe strong relationships and thoughtful financial solutions start with talented people. As a Commercial Credit Analyst, you’ll play an important role in supporting the commercial underwriting process by analyzing financial information, preparing credit memoranda, evaluating risk, and partnering with Relationship Managers, Portfolio Managers, and Credit Officers to help serve our customers with confidence and care. If you’re organized, analytical, detail-oriented, and ready to grow your career in commercial banking, we invite you to apply today and take the next step with Univest.

Please note this is a hybrid position and could work out of one of our regional offices in Souderton, Doylestown, King of Prussia or Lancaster PA.

Responsibilities

Partnering with Underwriting Team Leader, Portfolio Managers, Relationship Managers, and Credit Officers during all phases of the commercial underwriting process, which includes new requests, modifications, renewals, and annual reviews of existing relationships.

Primary Responsibilities

• Independently underwrite commercial credit exposures ($1MM - $4MM).


• Organize relevant financial data. Spread andevaluateall levels of financial information in addition to corporate and personal tax returns and personal financial statements.


• Prepare cash flow charts, confirm covenant tests, andassesscollateral position.


• Prepare written credit risk assessments for lending teams, and credit officers, to include details of risks and mitigating factors.


• Complete various compliance and underwriting training courses as assigned


• Possess strong knowledge of industry policies.


• Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.


• Perform other duties as assigned.

Qualifications

Bachelor’s of Science in Finance, Accounting, Business Administration, or Economics. Other Bachelor’s degrees considered with commercial lending experience.

Minimum 3 years’ commercial banking underwriting experience required. Skills required include credit riskevaluation, financial statementevaluation, and succinct business writing. Knowledge of traditional Commercial & Industrial, Commercial Real Estate, and Small Business Lending.

Strong organizational,and communication skills, both written and oral. Ability to work within compressed deadlines. Comfortable interacting with lending teams.

Formal commercial credit training preferred.

Proficient in Microsoft Office products and financial spreading tools.

NCino / Salesforce Experience Is Preferred

Ability to mentor and collaborate with other analysts and underwriters.

Wage Range

The salary for this position ranges from $60,000 - $70,000

Benefits Overview

Univest offer's a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)


• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment


• Paid Time Off (PTO): 15 days annually (prorated your first year)


• Short Term Disability: 12 weeks of sick time with a doctors note after 6 months of service


• Holiday Time Off: 11 paid holidays


• We offer company paid life insurance: as well as other supplemental insurances


• Tuition reimbursement


• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement


• Discounts: on loan products


• Professional development trainings

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#Univest

An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.