Commercial Credit Analyst

Job Type
Full-time

Do you enjoy digging into financial statements to uncover the story behind the numbers?
Are you someone that can evaluate risk and confidently recommend the right lending decisions?
Have you successfully leveraged your attention to detail and accuracy turning complex financial data into clear insights?
Heritage Financial Credit Union is seeking a detail-oriented analyst to support commercial lending decisions through financial analysis, credit memo preparation, and portfolio reviews. This role plays a key part in ensuring sound lending practices, regulatory compliance, and the ongoing financial health of our commercial loan portfolio.

Heritage Financial Credit Union is a member-owned financial institution that is committed to helping our members achieve their financial goals and building a stronger community. We believe that everyone deserves access to affordable financial services, and we are dedicated to providing our members with the tools and resources they need to achieve their financial dreams. Our vision is to be the leading financial institution in the communities we serve, and we are committed to creating a culture of excellence where our employees can thrive.

We believe in creating a workplace where everyone feels valued and respected, and where we can all work together to achieve our goals. We recognize that our employees are our most important asset, and we are committed to providing them with the training, development, and opportunities they need to succeed.

Experience:

Go Above Expectations;
Create Positive Moments;
Personally Acknowledge

Service:
Deliver As One Team;
Stay A Step Ahead;
Guide With Product Expertise

Integrity:
Do What's Right;
Speak the Truth;
Own Our Actions

People:
Grow Together;
Respect Every Voice;
Build Trusting Relationships;
Strengthen Culture & Community

This position is responsible to perform detailed financial analysis for all lending opportunities, prepare credit memos and other requests for presentation to loan committee. Perform annual credit reviews, ensure compliance with Credit Union’s policies and procedures, ensures timely collection and spreading of financial statements along with updated insurance binders provided by Borrowers.

• Review business loan applications and supporting financial statements to determine the borrowing capacity, capitalization and cash flow dynamics for the applicant. Use analytical software to evaluate loan requests; performing the initial analysis required to complete all data fields, interpreting the results, including any externally derived credit scores, and determining the need for further investigation or analysis.
• Spread financial statements, calculating certain ratios, including measures of liquidity, leverage and cash flow, and submitting the request to the appropriate approval channel. Prepare the credit memorandum, as well as any other reports necessary, along with the appropriate recommendation for review by the appropriate loan committee.
• Attend Commercial Loan Committee meetings, presenting summary information and participating in discussions on other loans being considered.
• Perform annual reviews on the commercial loan portfolio pursuant to the credit union guidelines.
• Oversee financial tracking processes and ensure accurate maintenance of annual review logs and documentation.
• Perform periodic reviews and/or renewals of commercial relationships and verify risk ratings.
• Gather data to maintain various portfolio monitoring and control reports.
• Provide assistance with maintenance of the loan origination system (LOS). Ability to manage detail-oriented projects or requests and proficiency with spreadsheets and other computer programs will be required.

EDUCATION/CERTIFICATION:
Bachelor's degree in finance, math, economics, data science, engineering or related field. At least 2 years’ underwriting experience, preferably dealing with commercial/business loans. Customer experience required.

Knowledge
Basic accounting and/or business finance…