Credit Analyst

Hoosier Hills; Bedford (IN); On-site; Full time

Job summary

Join an award-winning team as a Credit Analyst at a leading credit union in Indiana. Play a vital role in helping members achieve their financial goals through responsible lending practices. This position offers a competitive salary and comprehensive benefits. You'll analyze financial statements, prepare credit reports, and support loan structuring while ensuring compliance with regulatory standards.

Benefits

Health Insurance

Retirement Plans

Paid Time Off

Qualifications

• 1–3 years in credit underwriting or credit administration required.
• Strong skills in evaluating financial reports and assessing credit risk.

Responsibilities

• Analyze financial statements and tax returns to assess creditworthiness.
• Prepare written credit memos and loan presentations.
• Collaborate with loan officers to structure loans.

Skills

Analytical Expertise

Strategic Thinking

Detail-Oriented

Strong Communicator

Investigative Mindset

Education

Bachelor’s degree in Business

Bachelor’s degree in Finance

Tools

Microsoft Word

Microsoft Excel

Job description

Join Our Award-Winning Team as a Credit Analyst!

Forbes has recognized Hoosier Hills Credit Union as one of Indiana’s Top Three Credit Unions for 2023 and 2024!

Do you have strong analytical skills, an eye for financial detail, and a passion for supporting sound lending decisions? Are you ready to play a vital role in helping members achieve their financial goals through smart and responsible lending practices?

If you’re ready to make a meaningful impact in our members' lives and our community, we’d love to meet you!

What We Offer:

• Competitive Salary: $24.50 - $36.75 hourly, commensurate with experience.
• Comprehensive Benefits Package: Including health insurance, retirement plans, paid time off, and more.
• A Rewarding Career: Join a team committed to making a difference in the lives of our members and the communities we serve.

Opportunity Overview:

As a Credit Analyst at Hoosier Hills Credit Union (HHCU), you'll be an essential part of our Credit Administration team. You’ll be responsible for analyzing financial statements and tax returns, underwriting loans, performing cash flow evaluations, and preparing loan pricing recommendations. You will work closely with Relationship Managers to provide insightful risk assessments and help structure loans that support both member needs and organizational goals.

This is a critical role for maintaining strong credit quality and supporting the long-term financial health of HHCU and its members.

What You’ll Do:

• Deliver Financial Insights: Spread and analyze financial statements and tax returns for individuals and businesses to assess creditworthiness.
• Prepare Credit Reports: Develop written credit memos and loan presentations to support lending decisions.
• Support Loan Structuring: Collaborate with commercial loan officers to help structure business and agricultural loans that align with policy.
• Manage Risk: Utilize tax and credit analysis tools to identify and mitigate potential risks in loan portfolios.
• Create Value Through Research: Conduct industry and market research to support underwriting and pricing decisions.
• Ensure Accuracy: Prepare loan funding memos, verify pledged assets, and maintain accurate documentation.
• Maintain Compliance: Stay up-to-date with regulatory standards, and complete annual Bank Secrecy/OFAC training.
• Support the Team: Assist in producing reports for the Board of Directors and provide back-up to various credit functions as needed.
• Live the Mission: Embody HHCU’s mission to “be better for our members by making a positive difference in their lives and the communities we serve.”

What We’re Looking For:

• Educational Background: Bachelor’s degree in Business, Finance, or a related field required.
• Relevant Experience: 1–3 years in credit underwriting, or credit administration preferably in a credit union or similar financial institution.
• Analytical Expertise: Strong skills in evaluating financial reports, tax returns, and assessing credit risk.
• Strategic Thinking: Strong analytical and strategic thinking, including project planning, fostering innovation, and resource allocation, with a demonstrated ability to develop creative strategies.
• Investigative Mindset: Intensive fact-finding and investigation skills necessary. Creativity and resourcefulness are required for solving complex problems.
• Detail-Oriented: High level of accuracy and attention to detail in preparing reports and analyzing data.
• Tech-Savvy: Proficiency in Microsoft Word and Excel; experience with lending and financial software preferred.
• Strong Communicator: Excellent verbal and written communication skills to clearly convey findings and recommendations.
• Team Player: Able to work independently and collaboratively in a fast-paced environment.
• Compliance-Focused: Knowledge of regulatory requirements and commitment to ethical lending practices.

Apply Now and take the next step in your career with Hoosier Hills Credit Union!

Hoosier Hills Credit Union is an Equal Employment Opportunity Employer.