Credit Analyst

Search Solution Group; Louisville (KY); On-site; USD 65,000 - 90,000; Full time

Job summary

Search Solution Group is seeking a Credit Analyst for a client, a member-owned, full-service credit union, to evaluate financial health of commercial borrowers by analyzing financial statements and assessing credit risk. The role supports lending decisions and ensures compliance with guidelines.

The position involves analyzing tax returns, preparing credit recommendations, and participating in loan committees, with emphasis on accuracy, timely delivery, and teamwork in a regulated environment.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or related field preferred.
• 2+ years of Commercial Analyst or Commercial Lending experience preferred.
• Experience with financial statement analysis, credit review, or underwriting preferred.

Responsibilities

• Perform annual financial reviews for commercial lending relationships.
• Analyze and spread business tax returns, business financial statements, personal tax returns, and personal financial statements for new and existing credits.
• Complete credit monitoring activities including financial statement analysis, borrowing base reviews, covenant testing, marketable securities monitoring, and leveraged lending monitoring.
• Prepare preliminary credit recommendations for Commercial Department Management.
• Attend and participate in loan committee meetings as required.
• Ensure compliance with underwriting guidelines and internal credit standards.
• Maintain accurate financial information and compliance tracking records.
• Develop knowledge of Commercial Loan Policies and NCUA regulations related to member business lending.
• Stay current on underwriting procedures, industry regulations, and credit analysis best practices.
• Collaborate with internal teams to support effective credit decisions and lending operations.

Skills

Analytical thinking

Financial analysis

Credit risk assessment

Communication skills

Time management

Attention to detail

Excel proficiency

Financial statement analysis

Education

Bachelor’s degree in Finance or related field

Tools

Microsoft Excel

Word

Job description

Search Solution Group is seeking a Credit Analyst on behalf of our client, a member-owned, full-service credit union. The Credit Analyst will play a critical role in evaluating the financial health of commercial borrowers by analyzing financial statements, assessing credit risk, and supporting sound lending decisions. This position is responsible for conducting financial reviews, monitoring loan performance, ensuring compliance with lending guidelines, and providing recommendations to support the Commercial Lending team.

Key Responsibilities:

Job Overview:

Search Solution Group is seeking a Credit Analyst on behalf of our client, a member-owned, full-service credit union. The Credit Analyst will play a critical role in evaluating the financial health of commercial borrowers by analyzing financial statements, assessing credit risk, and supporting sound lending decisions. This position is responsible for conducting financial reviews, monitoring loan performance, ensuring compliance with lending guidelines, and providing recommendations to support the Commercial Lending team.

Key Responsibilities:

• Perform annual financial reviews for commercial lending relationships.
• Analyze and spread business tax returns, business financial statements, personal tax returns, and personal financial statements for new and existing credits.
• Complete credit monitoring activities, including:
• Financial statement analysis
• Borrowing base reviews
• Covenant testing
• Marketable securities monitoring
• Leveraged lending monitoring
• Prepare preliminary credit recommendations for Commercial Department Management.
• Attend and participate in loan committee meetings as required.
• Ensure compliance with underwriting guidelines and internal credit standards.
• Maintain accurate financial information and compliance tracking records.
• Develop and maintain knowledge of Commercial Loan Policies and applicable NCUA regulations related to member business lending.
• Stay current on underwriting procedures, industry regulations, and credit analysis best practices.
• Collaborate with internal teams to support effective credit decisions and lending operations.
• Perform additional duties and responsibilities as assigned.

Requirements include:

Education:

• Bachelor’s degree in Finance, Accounting, Business, or a related field preferred.

Experience:

• 2+ years of prior Commercial Analyst or Commercial Lending experience preferred.
• Experience with financial statement analysis, credit review, or underwriting preferred.

Skills:

• Strong analytical and problem-solving abilities.
• Excellent attention to detail and accuracy.
• Proficiency with Microsoft Excel and Word.
• Strong written and verbal communication skills.
• Ability to analyze financial information and make sound recommendations.
• Ability to manage multiple priorities and meet deadlines.
• Strong organizational and time management skills.

Certifications:

• No specific certifications required.
• Ongoing professional development and training will be provided.

Knowledge:

• Understanding of financial statements, tax returns, and credit analysis processes.
• Knowledge of commercial lending practices and underwriting principles.
• Familiarity with credit policies, compliance requirements, and lending regulations.
• Working knowledge of Commercial Loan Policies and NCUA regulations related to member business lending preferred.

Key Competencies:

• Analytical thinking with strong attention to detail.
• Ability to assess financial information and identify potential risks.
• Strong initiative and ability to work independently.
• Effective problem assessment and decision-making skills.
• Ability to work collaboratively within a team environment.
• Adaptability and willingness to learn new processes and procedures.
• Ability to perform effectively in a deadline-driven environment.
• Commitment to accuracy, compliance, and maintaining high-quality work standards.

Company Overview:

Company Industry: Financial Services
Location: Louisville KY

Equal Opportunity Employer Statement:

Search Solution Group is an Equal Opportunity Employer committed to fostering an inclusive workplace where diversity is valued and respected. We do not discriminate on the basis of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status in our hiring process or employment practices. We believe that a diverse workforce brings unique perspectives and strengths, driving innovation and growth. All employment decisions are based on qualifications, merit, and business needs. We welcome applicants from all backgrounds to apply and contribute to our team.

Disclaimer:

Please note that the job description provided is not exhaustive and is subject to change. Additional duties may be assigned as needed to meet the evolving needs of the organization and to ensure the successful completion of projects and objectives.