Senior Commercial Credit Analyst & Team Mentor

LMCU; Fort Myers (FL); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Weekly pay

Health coverage

Tuition reimbursement

Job summary

Lake Michigan Credit Union in Fort Myers is seeking a Senior Commercial Credit Analyst to assess credit risk for commercial loan requests and manage the loan portfolio, while mentoring junior analysts and supporting lending staff.

The role requires extensive underwriting experience, strong financial analysis, and proficiency with Word and Excel; on-site work at the Fort Myers location with competitive benefits.

Qualifications

• Five to eight years of commercial lending underwriting experience.
• Ability to prepare written reports and present formal presentations.
• Expert working knowledge of Microsoft Word and Excel.

Responsibilities

• Gather and analyze financial data such as income growth, budgets, projections, cash flow, quality of management, and industry information to determine extension of credit and risks around extension of credit.
• Assist commercial loan officers with structuring of loans, keeping with established regulations and policies. Provide commercial loan officers with pertinent questions pertaining to the Borrower/Proposed Borrower and the subject loan request(s).
• Provide feedback, when necessary, regarding the MBL policy and procedures. This shall include preparing formal requests to waive regulations when required by loan structure.
• Maintain administrative tracking reports including: financial statement, covenant, and borrowing base tracking.
• Collect and review updated financial information from existing Borrowers to reassess risk grades and for detection of any potential credit deterioration.
• Assist in maintenance of the commercial lending referral system to include communicating with potential borrowers regarding loan structures, desired types of loans, and required information needed to consider a loan request

Skills

Financial analysis

Credit risk assessment

Report writing

MS Word

MS Excel

Education

Bachelor's degree in Business, Finance, Economics or other related business study

Job description

Lake Michigan Credit Union in Fort Myers is seeking a Senior Commercial Credit Analyst to assess credit risk for commercial loan requests and manage the loan portfolio, while mentoring junior analysts and supporting lending staff.

The role requires extensive underwriting experience, strong financial analysis, and proficiency with Word and Excel; on-site work at the Fort Myers location with competitive benefits.