Senior Commercial Credit Analyst

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Coastal1 Credit Union is a leading provider of financial services, committed to delivering exceptional member experiences seeking a Senior Commercial Credit Analyst to join our team. The Senior Commercial Credit Analyst, under the direction of the VP - Commercial Banking Operating Officer ("CBOO"), or designee, analyzes the financial condition of enterprises and evaluates the quality and sufficiency of the sources of repayment, collateral and the appropriateness of business plans and credit structures for various extensions of credit, including new to Coastal1, renewals or modifications.

Prepares loan presentations in Credit Quest’s Credit Manager and Financial Analyzer, for approval by the Loan Officer, Commercial Banking Operating Officer, Commercial Banking Manager, Chief Lending Officer, Loan Committee or the Board of Directors, as necessary, providing adequate details of the credit structure, management, collateral evaluation, background of the business and industry, assessment and adequacy of proposed transaction structure, risk ratings and creditworthiness.

This role requires ON SITE availability in Pawtucket, Rhode Island.

Founded in 1928 and based in Pawtucket, Coastal1 Credit Union is a growing, member-focused organization serving over 130,000 members. Today, Coastal1 has 19 branches throughout RI and MA, including Bristol, Cranston (2), Cumberland, East Greenwich, East Providence (2), Johnston, North Kingstown, North Providence, Pawtucket (3), Providence, Smithfield, Wakefield, Warwick (2), and North Attleboro, MA.

We are committed to helping members achieve their financial goals. Coastal1 Credit Union is committed to providing the best in products, services, rates and changes in technology for our members convenience and security providing "The smarter way to bank." We are focused on simply being the best overall community financial institution in the markets we serve.

Coastal1 offers competitive pay and great benefits including medical, dental and vision for you and your dependents. In addition, we offer paid time off to promote work/life balance, on-site fitness center, 401(k) with a company match, employee homebuyer assistance, plus much more!

• Bachelor’s degree from a four-year college or university in a business-related field, or equivalent work experience is required. Additional education, certifications, or other distinctions are a plus
• Formal commercial credit training is preferred.
• Five (5) or more years of commercial credit analysis experience.
• Working knowledge of Credit Quest’s Credit Manager and Financial Analyzer is desirable
• Strong analytical and quantitative skills. Proven ability to gather and analyze data and information, draw logical conclusions, and make appropriate recommendations. Proven problem-solving ability
• Strong organizational, time management and prioritization skills with attention to detail
• Excellent verbal, written, and interpersonal communication skills with strong presentation skills
• Team player able to work effectively in a team fostered, multi-tasking environment
• Working knowledge of MS Office (e.g. Excel, PowerPoint, Word, Outlook.) Familiarity with Fiserv DNA is a plus
• Ability to maintain a positive and upbeat Credit Union image.
• Demonstrated ability to handle confidential information securely.
• Bi-lingual communication skills are advantageous, but not required.

• Provides an independent credit quality assessment of the larger, more complex existing and prospective Commercial Banking Members’ credit structures by conducting comprehensive financial analyses, including scrutinizing financial statements (audited, reviewed, or self-prepared) or income tax returns, performing detailed financial statement analysis, trend analysis, industry assessments, collateral valuations, cash flow analysis and evaluation of the ability to repay required debt service.
• Examines, analyzes, and evaluates a variety of documents and business structures, and then utilizes independent judgment to determine the degree of proposed transaction risk when compared to Coastal1’s Credit…