Commercial Credit Analyst II

🔥 4 minutes ago

🏄 California – Remote

🏄 California – Remote

💵 $77.5k - $90k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧐 Analyst

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Golden 1 Credit Union

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1933

🏦 Banking

💸 Finance

Banking • Finance

Golden 1 Credit Union is a member-owned credit union headquartered in Sacramento, California. It provides retail and business banking and a wide range of consumer financial services, including multiple checking and savings options, term certificates and IRAs, mortgages and home equity products, auto and personal loans, credit cards, investing and wealth services, and insurance and protection options. The credit union emphasizes online and mobile banking tools, member rewards and cashback programs, financial education, community grants and scholarships, and partnerships (for example with the Golden 1 Center/Sacramento Kings).

📋 Description

• Review, analyze, and evaluate complex secured and unsecured commercial loan applications • Perform risk analysis, spreading, risk rating, and loan structuring for underwriters • Ensure transactions are accurate, complete, and compliant • Analyze credit history, cash flow, tax returns, and financial statements to assess repayment capacity • Complete financial projections and prepare clear credit analyses and reports • Receive and screen initial loan application packages and assist with loan sizing and structure • Identify unanswered questions and engage loan officers or applicants for clarification • Make recommendations and assist with commercial lending product, policy, and procedure updates • Train personnel on lending policies and procedures • Provide work direction, feedback, and training to less experienced staff • Mentor others in credit analysis and department procedures • Assist with loan origination analysis or credit review analysis as organizational needs require • Maintain relationships with members and internal/external originators • Perform other duties as assigned

🎯 Requirements

• Successful completion of High School curriculum required • Associates degree preferred • Minimum 4 years of commercial credit analysis experience using a loan origination system • Experience assisting in production of loan credit memos explaining credit facility risks and mitigants • Ability to spread and interpret tax returns and financial statements of varying quality • Ability to complete financial projections • Thorough understanding of commercial underwriting standards, risk philosophy, credit culture, and market conditions • Knowledge of BSA, AML, TILA, HMDA, GLBA, Fair Lending, and other applicable credit union compliance requirements • Strong analytical and organizational skills with attention to detail • Ability to calculate figures and amounts and apply logical reasoning • Knowledge of commercial credit analysis across multiple commercial lending types • Proficiency analyzing business cash flow, rental income cash flow, UCA cash flow, and global cash flow • Understanding of regional lending market conditions and collateral values • Understanding of automated loan origination systems • Proficiency with standard Microsoft programs and other computer operations • Effective oral and written communication skills • Ability to prioritize multiple objectives in a fast-paced, flexible, production-oriented department • High degree of integrity and sound judgment for fair lending recommendations • No licenses or certifications required

🏖️ Benefits

• Salary of $77,500.00–$90,000.00 annually • Remote work arrangement