Commercial Credit Analyst - Underwriter

Job Description

JOB DESCRIPTION: COMMERCIAL CREDIT ANALYST - COMMERCIAL UNDERWRITER

Job Summary:

The Commercial Credit Analyst will play a key role in recommending new credit and extensions of credit through research and analysis of financial data to determine credit worthiness of applicants and the degree of risk involved.

• Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
• For individuals, performs research to verify employment and income, inspects reports from credit reporting agencies, and reviews FICO scores.
• For businesses, compares to similar businesses in terms of liquidity, profitability, and credit histories.
• Uses computer software to further evaluate customers’ financial status and produce financial ratios.
• Composes reports detailing the degree of risk involved in loan or credit request; recommends approval or denial based on results.
• Sets interest rate and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.
• Determines the expected profitability of loans by analyzing a business’s financial data including quality of management, income growth, and market shares.
• Resolves customer complaints and verifies transactions through consultation.
• Identifies delinquent accounts through the review of individual or commercial customer files.
• Performs other related duties as assigned.

• Excellent verbal and written communication skills.
• Proficient in Microsoft Office Suite or related software, as well as analysis software.
• Basic understanding of relevant equipment, policies, procedures and strategies used in credit analysis.
  
  Ability to identify discrepancies and problems.

Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics required.

Three to five years in a commercial banking environment preferred.

None.

Prolonged periods sitting at a desk and working on a computer.