Commercial Credit Analyst – Remote Option & Growth

1st-Midamerica-Credit; Bethalto (IL); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Career growth opportunities

Supportive team environment

Job summary

1 st MidAmerica seeks a Commercial Credit Analyst to support underwriting and ongoing monitoring of its commercial loan portfolio. You will analyze financial statements, cash flows, and industry trends, conduct credit investigations, and ensure documentation compliance across loans.

The role requires strong communication, attention to detail, and the ability to travel between credit union locations as needed.

Qualifications

• High school diploma or equivalent.
• Three to five years of similar or related experience.
• Bachelor’s degree or equivalent certifications recognized in the industry.
• Strong communication skills and attention to detail.

Responsibilities

• Spreads and analyzes business and personal financial statements and tax returns, accounts receivable and payable aging, inventory reports, and third-party appraisal reports.
• Determines cash flow using appropriate software and cash flow models.
• Analyzes financial conditions, industries, and trends.
• Conducts credit investigations and analyzes credit information pertaining to loans.
• Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
• Completes annual loan reviews, risk grades, and problem loan reports.
• Collects financial information and performs covenant monitoring and testing.
• Ensures that all credit files include proper documentation including current financial statements and agency reports.
• Reviews and reports non-compliance with loan covenants.
• Conducts industry research and assists with special projects as assigned.

Skills

Communication skills

Attention to detail

Education

High school diploma or equivalent

Bachelor’s degree or equivalent certifications

Job description

1 st MidAmerica seeks a Commercial Credit Analyst to support underwriting and ongoing monitoring of its commercial loan portfolio. You will analyze financial statements, cash flows, and industry trends, conduct credit investigations, and ensure documentation compliance across loans.

The role requires strong communication, attention to detail, and the ability to travel between credit union locations as needed.