Sr Credit Analyst

DFCU Financial; Dearborn (MI); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Hybrid work schedule

401k match

Tuition reimbursement

Paid time off

Paid holidays

Job summary

DFCU Financial in Dearborn, MI seeks a Sr Credit Analyst to underwrite and analyze commercial loan requests, including CRE, C&I, and working capital facilities. You will review financial statements, collateral, and industry risk to support sound lending decisions.

Join a leading credit union offering hybrid work, strong benefits and opportunities for professional development while collaborating with business bankers, portfolio managers and credit teams to manage risk and portfolio performance.

Qualifications

• Bachelor’s degree in finance, accounting, economics, or related field.
• 5+ years of commercial credit analysis or underwriting.
• Experience with small business to middle-market lending.
• Strong GAAP knowledge and cash flow analysis.
• Ability to present at lending committees.
• SBA lending experience is a plus.
• Proficient in Microsoft 365.
• Excellent interpersonal and teamwork skills.

Responsibilities

• Underwrite and analyze CRE, C&I, working capital, equipment financing, acquisition and other commercial credit requests.
• Analyze financial statements, tax returns, borrowing base reports, projections and other borrower data for cash flow and risk.
• Evaluate collateral, guarantor support and real estate appraisals.
• Perform industry, market and competitive analyses affecting portfolio quality.
• Prepare credit memorandums, loan presentations and approvals/denials.
• Conduct annual and interim reviews and maintain risk ratings.
• Ensure compliance with regulatory requirements and underwriting standards.
• Participate in loan reviews and credit committee meetings.
• Collaborate with bankers, portfolio managers and operations to support portfolio management.
• Mentor other analysts on underwriting practices and development.

Skills

Credit analysis

Underwriting

Financial analysis

GAAP knowledge

Regulatory compliance

Portfolio management

Analytical skills

Team collaboration

Education

Bachelor's degree

Tools

Microsoft 365

Job description

Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country.

The Opportunity:

We are seeking a full time Sr Credit Analyst to join our team. This role will underwrite and analyze commercial loan requests, including new loans, renewals, modifications, and periodic reviews. Evaluate borrower financial strengths, repayment capacity, collateral, guarantor support, industry conditions, and overall credit risk. Prepare clear recommendations that support sound lending decisions, regulatory compliance, and effect portfolio management. Serve as a resource for business bankers, portfolio managers, other lending partners, and credit analysts.

What You'll Do:

• Conduct comprehensive underwriting of commercial real estate, commercial and industrial lending, working capital, equipment financing, acquisition, and other commercial credit requests.
• Analyze financial statements, tax returns, borrowing base reports, projections, and other borrower information to assess cash flow, repayment capacity, financial performance, and credit risk.
• Evaluate collateral, guarantor support, business valuations, real estate appraisals, environmental reports, and other factors relevant to credit structure and risk.
• Conduct industry, market, and competitive analyses to identify conditions that may affect borrower performance and portfolio quality.
• Prepare credit memorandums, loan presentations, and recommendations for approval, modification, renewal, or decline.
• Conduct annual and interim reviews of existing commercial credit relationships, maintain accurate risk ratings, and identify emerging risks or concerns.
• Ensure transactions comply with applicable regulatory requirements and DFCU policies, procedures, and underwriting standards.
• Participate in internal and external loan reviews, credit committee meetings, and other credit risk management initiatives as needed.
• Collaborate with business bankers, portfolio managers, credit officers, loan operations, and other departments to gather information, communicate findings, and support effective portfolio management.
• Serve as a resource to other credit analysts and credit associates, providing guidance on complex transactions, underwriting practices, and ongoing professional development.
• Manage multiple credit requests and review deadlines while supporting portfolio growth, asset quality, and compliance objectives.

What You’ll Need:

• A bachelor's degree in finance, accounting, economics, business administration, or a related field.
• Five+ years of experience in commercial credit analysis, underwriting, or commercial banking.
• Experience analyzing small business up to middle-market commercial lending relationships.
• Advanced knowledge of commercial lending principles, credit products, underwriting practices, and credit risk assessment.
• Strong understanding of GAAP financial statements, cash flow analysis, financial ratios, and repayment capacity.
• Ability to interpret tax returns, borrowing base reports, financial projections, and other financial documentation.
• Experience supporting presentations at lending committees and underwriting multi-million-dollar commercial credit relationships.
• SBA 7(a) and 504 lending experience is a plus.
• Proficient in Microsoft 365.
• Demonstrated analytical and problem-solving skills.
• Able to initiate and embrace change.
• Excellent interpersonal skills, including written and verbal communication, and ability to work in a team environment.

What We Offer:

• Potential for a hybrid work schedule
• 401k plan match, dollar for dollar up to 4%
• 401k additional employer contribution after one year at 5%
• Employee bonus program
• Medical, dental and vision insurance effective date of hire
• Health savings account (HSA)
• Flexible spending accounts for medical and dependent care expenses
• Adoption assistance for qualified expenses maximum $10,000 per child
• Wellness initiatives and reimbursements
• Pre-paid legal services plan
• Identity protection plan
• Accident supplemental plan
• Short & long term disability plans paid for by company
• Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child
• Pet Insurance
• Free financial planning assistance
• Numerous fun employee events throughout the year
• Volunteer and community engagement opportunities
• Employee loan discounts (closed-end loans)
• Service / anniversary awards
• Employee discounts for company logo wear
• Employee referral payouts for recruiting your friends and family
• Paid lunch time
• Tuition reimbursement / Education assistance
• Ongoing training opportunities
• Leadership development program
• Paid time off
• Paid holidays (13 per year)
• Flexible scheduling for students

Equal Opportunity Employer / Disabled / Veterans