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Commercial Credit Analyst - job 3 of 26

POSITION SUMMARY: The Commercial Credit Analyst will support the lenders in underwriting requests for credit extensions to new and existing commercial loan clients. The right credit analyst will perform detailed financial analysis for all lending opportunities, prepare credit approval and modification requests for presentation to loan committee by the lenders, perform annual credit reviews as needed. As a credit analyst you will ensure compliance with the organization's credit policies and procedures, timely collection and spreading of interim and annual financial statements provided by clients, and update financial information to maintain current reporting.PRIMARY RESPONSIBILITIES:• Analyses data (i.e. financial statements, agency reports) on prospective and active borrowing accounts and prepares written reports evaluating the short and long-term prospects of the individual or company.• Makes recommendations to Loan Officers on the granting or denying of loans and prepares sufficient information (i.e. loan submissions) to document recommendations.• Identify and interpret trends in financial data. Interpret key financial ratios (e.g. cash flow to debt service, debt-to-equity, etc.)• Provides thorough documentation of all financial analysis via spreadsheets and written credit offering memorandums.• Suggests a loan grade after conducting a thorough credit analysis and documentation review.• Coordinates specific work tasks within the department in order to ensure the smooth and efficient flow of information.• Provides assigned reports.• Performs annual review of loan relationships.• Must have 2+ years experience in a bank/credit union as a Credit Analyst.BENEFITS:• Competitive compensation package• Great benefits package including: generous PTO, health, dental, vision, automatic 401(k) % contribution• Opportunity for advancement and leadership rolesContact your local North Dakota banking recruiter, Joe Albert to learn more about this Commercial Credit Analyst position and other banking opportunities throughout the state.Joe AlbertSenior Search Consultant | gpacTo be considered, please apply with a resume. You can email me directly at: joe.albert@gogpac.comFollow me on Linkedin: Joe Albert

gpac Glassdoor Company Review

3.6

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CEO of gpac

Matt Good and Ryan Good

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Average salary estimate

$70000 / YEARLY (est.)

min

max

$60000K

$80000K

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What You Should Know About Commercial Credit Analyst, gpac

Are you ready to take your career to the next level as a Commercial Credit Analyst at a dynamic organization based in West Fargo, ND? This role is all about supporting our talented lenders in underwriting requests for credit extensions to both new and existing commercial loan clients. As a Commercial Credit Analyst, you'll dive deep into financial analyses, gathering data from financial statements to agency reports, and preparing insightful written reports. Your analytical skills will shine as you interpret trends in financial data and make informed recommendations to Loan Officers about approving or denying loans. You'll be the go-to person for credit approvals and modifications, navigating the intricacies of credit policies and ensuring compliance at every step. With at least 2 years of experience in a banking or credit union setting, your expertise will allow you to successfully conduct annual credit reviews and maintain accurate financial documentation. If you’re looking for a role that not only offers a competitive compensation package but also a range of benefits including generous PTO and health coverage, the Commercial Credit Analyst position is a fantastic fit. Don't miss out on this opportunity to grow within a supportive environment and potentially advance into leadership roles. Contact Joe Albert, our local North Dakota banking recruiter, to learn more about this exciting opportunity at your next career move.

Frequently Asked Questions (FAQs) for Commercial Credit Analyst Role at gpac

What does a Commercial Credit Analyst do at the North Dakota firm?

At our West Fargo, ND office, a Commercial Credit Analyst plays a critical role in supporting lenders by performing comprehensive financial analyses for lending opportunities. This includes preparing detailed documentation for loan approvals and modifications, conducting annual credit reviews, and ensuring compliance with our organization's credit policies and procedures.