Credit Analyst III

Blue Sky Bank; Addison, Northern (TX, KY); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Hybrid work arrangement

401(k) matching

Medical, dental and vision insurance

Health Savings Account (HSA)

Flexible Spending Account (FSA)

Disability and life insurance

Job summary

Blue Sky Bank in Dallas/Fort Worth is seeking a skilled Commercial Credit Analyst III to drive thorough financial and risk analysis for commercial lending relationships.

You will evaluate borrower statements, cash flow, repayment capacity, and creditworthiness, while assisting lenders in structuring facilities and mitigating risk.

Hybrid work schedule, strong benefits, and opportunities to work with experienced lenders and leadership to maintain a safe and sound loan portfolio.

Qualifications

• Bachelor’s degree in finance, accounting or other business-related fields or equivalent experience.
• 5+ years of commercial credit analysis/underwriting experience at a financial institution required. C&I and real estate experience preferred.
• Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation.
• Advanced knowledge of commercial credit analysis and underwriting.
• Strong understanding of financial statement analysis, cash flow modeling, and risk assessment.
• Ability to independently evaluate complex credit relationships and make sound recommendations.

Responsibilities

• Perform comprehensive financial and credit analysis for new and existing commercial lending relationships.
• Evaluate borrower financial statements, cash flow, repayment capacity, and overall creditworthiness.
• Assist lenders in structuring credit facilities and identifying appropriate risk mitigation strategies.
• Prepare and maintain detailed, high-quality credit memorandums and underwriting recommendations.
• Monitor commercial loan relationships and identify emerging credit risks.
• Recommend risk rating and grading changes based on ongoing portfolio performance.
• Evaluate collateral, covenant compliance, and financial trends to support ongoing credit monitoring.
• Analyze industry data and market conditions to enhance risk assessments.
• Assess collateral quality and support appropriate loan structures and approval parameters.
• Review and analyze: Accounts Receivable Aging Reports, Borrowing Base Certificates, Rent Rolls, Loan Covenant Compliance, Financial Statements and Cash Flow Analysis, and On-site Collateral Inspections, as needed.
• Provide meaningful analysis regarding collateral values, inherent risks, and mitigation strategies.
• Partner closely with lenders to facilitate loan approvals, renewals, extensions, and ongoing monitoring.
• Coordinate the timely collection of financial information and clearance of loan exceptions.
• Support efficient credit administration processes and portfolio maintenance efforts.
• Collaborate with departments across the bank to ensure a seamless lending process.
• Ensure compliance with bank policies, regulatory requirements, and fair lending standards.
• Maintain consistency and quality within the credit underwriting process.
• Demonstrate leadership through sound judgment, professionalism, and constructive collaboration.
• Serve as a trusted resource for lenders and internal business partners.

Skills

Commercial credit analysis

Underwriting

Financial statement analysis

Cash flow modeling

Risk assessment

Independent evaluation

Education

Bachelor's degree in finance, accounting or other business-related fields

Job description

Description

Join Blue Sky Bank's dedicated team as a Commercial Credit Analyst III!

Drive smart lending decisions. Strengthen financial partnerships. Grow your career.

Blue Sky Bank is seeking a detail-oriented and proactive Credit Analyst III to join our team in Dallas/Fort Worth. In this role, you will play a critical role in the credit decision-making process by performing comprehensive financial and risk analysis for commercial lending relationships. You'll work independently on complex credit requests, monitor portfolio risk, and assist lenders in maintaining a safe and sound loan portfolio while ensuring compliance with regulatory requirements and bank policy.

Why Blue Sky Bank?

• Hybrid Work Arrangement - Achieve more with a hybrid work schedule that promotes flexibility, connection, and success.
• Benefits – Enjoy a comprehensive benefits package that includes a starting accrual of three weeks of paid time off, a 401(k) plan with employer matching, and medical, dental, and vision insurance. Additional benefits include a Health Savings Account (HSA), Flexible Spending Account (FSA), Dependent Care FSA, voluntary accident and critical illness coverage, and 100% employer-paid short-term Disability, long-term disability, and group life/AD&D insurance, as well as optional voluntary life/AD&D coverage.
• Growth Opportunities – Gain exposure to advanced credit analysis and a diverse loan portfolio.
• Collaborative Environment – Partner with experienced lenders, credit professionals, and bank leadership in a culture that values teamwork and expertise.
• Meaningful Influence – Play a critical role in maintaining a safe, sound, and successful loan portfolio.

What You'll Do

• Perform comprehensive financial and credit analysis for new and existing commercial lending relationships
• Evaluate borrower financial statements, cash flow, repayment capacity, and overall creditworthiness
• Assist lenders in structuring credit facilities and identifying appropriate risk mitigation strategies
• Prepare and maintain detailed, high-quality credit memorandums and underwriting recommendations
• Monitor commercial loan relationships and identify emerging credit risks
• Recommend risk rating and grading changes based on ongoing portfolio performance
• Evaluate collateral, covenant compliance, and financial trends to support ongoing credit monitoring
• Analyze industry data and market conditions to enhance risk assessments
• Assess collateral quality and support appropriate loan structures and approval parameters
• Review and analyze: Accounts Receivable Aging Reports, Borrowing Base Certificates, Rent Rolls, Loan Covenant Compliance, Financial Statements and Cash Flow Analysis, and On-site Collateral Inspections, as needed.
• Provide meaningful analysis regarding collateral values, inherent risks, and mitigation strategies
• Partner closely with lenders to facilitate loan approvals, renewals, extensions, and ongoing monitoring
• Coordinate the timely collection of financial information and clearance of loan exceptions
• Support efficient credit administration processes and portfolio maintenance efforts
• Collaborate with departments across the bank to ensure a seamless lending process
• Ensure compliance with bank policies, regulatory requirements, and fair lending standards
• Maintain consistency and quality within the credit underwriting process
• Demonstrate leadership through sound judgment, professionalism, and constructive collaboration
• Serve as a trusted resource for lenders and internal business partners

Requirements

• Education: Bachelor’s degree in finance, accounting or other business-related fields or equivalent experience.
• Experience: 5+ years of commercial credit analysis/underwriting experience at a financial institution required. C&I and real estate experience preferred.
• Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation.
• Advanced knowledge of commercial credit analysis and underwriting
• Strong understanding of financial statement analysis, cash flow modeling, and risk assessment
• Ability to independently evaluate complex credit relationships and make sound recommendations