Senior Credit Analyst

Job Details

Location:

Corporate Office - Rapid City, SD 57702 | Category:
Banking | Company:
Black Hills Federal Credit Union (BHFCU)

Black Hills Federal Credit Union is committed to improving the lives of our members every day and seeks individuals who share that passion. This position involves comprehensive commercial credit analysis, preparation of written presentations, and collaboration with loan officers and stakeholders. Onboarding includes orientation and ongoing training with minimal experience required.

Independently complete commercial credit analysis and written presentations on complex commercial and/or agricultural credit relationships. Recommend approval, denial, or alternative structures, noting deviations from Loan Policy. Work collaboratively with Commercial and/or Agricultural Loan Officers and the Credit Administration Manager with minimal guidance.

• Spread and analyze financial reports such as year‑end statements, personal financial statements, interim statements, accounts receivable and payable.
• Independently manage spread workflow, underwriting workflow, and deadlines.
• Gather, consolidate, analyze, and summarize data to recommend complex commercial credit relationships.
• Identify and quantify risks, prepare detailed analyses, and present opinions on credit‑worthiness of borrowers.
• Coordinate with lenders and business representatives to verify credit information and financial transactions.
• Participate in discussions with, or calls to existing or potential members.
• Occasionally meet with members to review business operations, financial statements, and credit requirements.
• Serve as control point in the loan approval process to ensure adherence to credit policies and loan covenants.
• Complete tasks assigned by Credit Administration Manager, including monitoring financial covenants, assisting with audits, examinations, stress testing, and risk reviews.
• Provide training to other credit analysts as needed.

• Direct underwriting of existing and new credit exposures for Commercial, Participation, CUSO, and/or Agricultural opportunities.
• Assist in supervising and monitoring workflow of other credit analysts.
• Assist with call reports and other quarterly and monthly reporting.
• Assume additional duties and responsibilities as required.

• Keep current on business‑related compliance issues.
• Understand SBA/USDA underwriting requirements and documents.
• Assist lenders and loan support staff in loan closing activities.
• Stay current on industry trends by attending seminars, workshops, and reading periodicals.
• Attend and participate in various committee meetings.
• May assist Credit Administration Manager in conducting job interviews.

• Working knowledge of the credit union’s products and services.
• Working knowledge of the credit union’s policies and procedures and service philosophy.
• Working knowledge of safety and security program for false alarms, robberies, bomb threats, and extortion.
• Working knowledge of the credit union’s in‑house computer system and internet.
• Advanced knowledge of state and federal business lending regulations.
• Strong, developed knowledge of credit and financial analysis techniques.

• Vision: A sighted person to review documents effectively.
• Speech/Hearing:
  Ability to communicate verbally and in writing with staff, members, and vendors.
• Manual Dexterity:
  Ability to perform necessary computer‑related input.
• Physical Mobility:
  Limited mobility required.
• Flexible hours required.

• Work in a fast‑paced environment and execute multiple tasks to meet timely deadlines.
• PC proficiency with spreadsheet and word processing software.
• Proficiency with financial statement analysis software.
• Excellent oral and written communication skills.
• Professional and personable personality.
• Confidence to defend analytical decisions assertively.

• Minimum Education Requirements for All Levels
  • B.S./B.A. in accounting, finance, or general business (or equivalent experience).
  • 9credits in…