Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Commercial Credit Analyst
Credit Analysts create relationships with Loan Officers and management to quickly and efficiently service clients needs. This is an opportunity to grow your career path in banking.
Commercial Credit Analyst Qualifications :
Commercial Credit Analyst Responsibilities :
Analyze and risk rate credit lines requiring the Loan Committee to review and critique the credit classifications assigned by the Loan Officers.
The analysis must be consistent with the findings of the appropriate regulatory agencies.
Perform follow-up action as necessary until corrected.
To be considered for this Commercial Credit Analyst position please apply with a resume. If you wish to discuss this position or any other Credit Analyst, or Banking opportunities please reach to David Jerzak at 605-401-6323 or email david.jerzak@gogpac.com
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990.
We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
Last updated : 2024-06-01