Senior Commercial Credit Analyst

When joining Elevations, you can expect to work for a company with:

• A leadership team that strives to make this the best place you’ve ever worked!
• A focus on supporting our employees’ mental, physical, and financial well‑being
• A commitment to diversity, equity, and inclusion recognized by the Denver Business Journal and Colorado Association of Realtors
• A highly engaged workforce devoted to innovation, continuous improvement, and collaboration
• A reputation for excellence, as evidenced by being a two‑time recipient of the Malcolm Baldrige National Quality Award
• A passion for consistently providing amazing experiences and creating raving fans

If you join our team, here are some of the perks you can expect:

• A competitive total rewards package with 4 weeks paid time off for full‑time employees, work anniversary paid time off, paid volunteer time off, and 12 paid holidays
• Comprehensive medical, dental, and vision plans with employer contributions to supercharge your Health Savings Account
• Up to a 4% match on 401(k) contributions
• Up to twelve weeks of fully paid parental leave
• An extensive Employee Assistance Program that provides personalized care options for your whole household
• Ample opportunity to learn, develop and grow with access to Linked In Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year

Hybrid:
Employees who are able to perform the essential functions of their jobs away from an Elevations location may do so with the expectation that they are onsite at least fifty percent of the time over a two‑week pay period.

Responsible for supporting Commercial and Business Lending by analyzing commercial credit opportunities, recommending appropriate lending structures, delivering quality credit memos with support and participating in the annual review process. Day to day work will include cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other business and commercial underwriting functions. The Senior Commercial Credit Analyst is expected to take the initiative to make improvements to business services procedures and processes to enhance the work environment and member experience.

The incumbent will help ensure adherence to all Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act (BSA).

• Analyzes business and commercial credit opportunities and prepares written credit memos for new lending opportunities, renewals, modifications, etc.
• Conducts financial analyses of personal, business, and commercial tax returns and financial statements, collateral, cash flows, real estate schedules, pro forma statements and A/R agings.
• Evaluates key financial metrics to include, but not limited to, cash flow, debt service coverage, leverage, liquidity, collateral loan‑to‑values, risk analysis, etc.
• Generates quality credit memos for credit committee with all necessary accurate, thorough and thoughtful supporting documentation.
• Assists with managing the commercial loan portfolio to include, but not limited to, document tracking, reporting, and covenant monitoring.
• Assists members and internal departments with research and resolution of problems relating to business services commercial lending products, including support to Business and Commercial Lending teammates as needed.
• Ensures the integrity of loan origination and review processes by validating accurate loan data and confirming recommendations align with lending policies and all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA).
• Partners with the internal Business Intelligence, IT, and other supporting teams to deliver and communicate critical performance data related to commercial products and services and other technology initiatives and enhancements.

• Bachelor’s degree in finance, accounting, business management or closely related field or equivalent experience.
• 7+ years of experience as commercial underwriter or closely related position…