Commercial Credit Analyst II

Univest; Souderton (Montgomery County); Hybrid; USD 60,000 - 70,000; Full time

Benefits offered by this job

Health Insurance

Retirement Plan

Paid Time Off (PTO)

Short Term Disability

Holiday Time Off

Company paid life insurance

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, and assessing risk. You will partner with Relationship Managers, Portfolio Managers, and Credit Officers to service customers with confidence and care.

The hybrid role may work from regional offices in Souderton, Doylestown, King of Prussia or Lancaster, PA; relevant experience in commercial lending and strong MS Office skills are required.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or Economics; other bachelor’s degrees considered with commercial lending experience.
• Minimum 3 years of commercial banking underwriting experience; involves credit risk evaluation, financial statement evaluation, 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 meet 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.

Responsibilities

• Partner with Underwriting Team Leader, Portfolio Managers, Relationship Managers, and Credit Officers during all phases of the commercial underwriting process, including new requests, modifications, renewals, and annual reviews.
• Independently underwrite commercial credit exposures ($1MM- $4MM).
• Organize relevant financial data; spread and evaluate all levels of financial information, including corporate and personal tax returns and personal financial statements.
• Prepare cash flow charts, confirm covenant tests, and assess collateral position.
• Prepare written credit risk assessments for lending teams and credit officers, detailing 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 Univest Code of Conduct.
• Perform other duties as assigned.

Skills

Credit risk evaluation

Financial statement evaluation

Business writing

Organizational skills

Communication skills

Education

Bachelor’s degree in Finance/Accounting/Business Administration/Economics

Tools

Microsoft Office

Financial spreading 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

PartneringwithUnderwriting 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.

PrimaryResponsibilities:

Independentlyunderwritecommercial credit exposures($1MM- $4MM).

Organize relevant financial data. Spread andevaluateall levels offinancialinformationin addition to corporate and personal tax returns and personal financial statements.

Prepare cash flow charts,confirmcovenanttests, andassesscollateral position.

Preparewrittencreditriskassessmentsforlending teams, andcredit officers, to include details of risks and mitigating factors.

Ccomplete variouscompliance and underwriting trainingcoursesasassigned

Ppossessstrong knowledge ofindustrypolicies.

Accountablefor compliance with laws and regulations that apply to thispositionincludingtheUnivest Code of Conduct.

Perform other duties as assigned.

Qualifications

Bachelor’sof Sciencein Finance, Accounting, Business Administration, or Economics. OtherBachelor’sdegreesconsideredwith commercial lending experience.

Minimum3years’commercial banking underwriting experiencerequired. Skillsrequiredincludecredit riskevaluation, financial statementevaluation, and succinct business writing. Knowledge of traditional Commercial&Industrial, CommercialReal Estate,andSmall BusinessLending.

Strongorganizational,and communication skills, both written and oral. Ability to work within compressed deadlines. Comfortable interacting withlending teams.

Formal commercial credit trainingpreferred.

Proficient inMicrosoftOffice products andfinancial spreading tools.

nCino/ Salesforceexperienceispreferred

Ability to mentorand collaborate with other analysts and underwriters.

Wage Range:

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

Benefits Overview

• 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

#Univest

#LI-Hybrid

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.