Commercial Credit Analyst - job 3 of 26

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.

To be considered for the Commercial Credit Analyst position, candidates should have at least 2 years of experience in a bank or credit union. A strong background in financial analysis is essential, alongside the ability to interpret financial statements and key financial ratios effectively.

Commercial Credit Analysts in West Fargo enjoy a competitive compensation package that includes generous PTO, comprehensive health benefits (medical, dental, and vision), and an automatic 401(k) contribution, creating a supportive work environment for long-term growth.

As a Commercial Credit Analyst, you will conduct thorough evaluations of both prospective and existing borrowing accounts. You will analyze financial data and prepare reports that inform Loan Officers on lending decisions, making recommendations based on in-depth credit analysis and documentation.

Successful Commercial Credit Analysts should possess strong analytical skills with an ability to interpret and analyze financial data. Effective communication is crucial as well, as you'll need to document your recommendations and coordinate with various teams within the organization.

In your response, highlight specific financial analysis tools you've used and detail your familiarity with preparing credit reports. Discuss any particular trends you've identified in financial data that had a significant impact on lending decisions.

Share your methodology for evaluating risks, including how you analyze financial ratios and trends. Explain how you balance potential risks with the lender's criteria and what documentation you rely on to support your assessments.

Mention specific software you are proficient in, such as Excel or other financial analysis tools, and discuss how you utilize these tools to enhance your analysis and reporting processes.

Reflect on a particular case where you faced difficulties, explain the steps you took to analyze the situation, and discuss the final outcome. Emphasize your analytical skills and ability to make sound credit recommendations.

Discuss your understanding of the credit policies at your previous positions and elaborate on the importance of compliance. Provide examples of how you have adhered to these policies during your analysis.

Talk about professional resources, industry newsletters, and any continuing education you participate in. Emphasize your commitment to staying informed about regulatory changes and how it impacts your role.

Describe your time management strategies, such as using prioritization techniques or specific tools that help you manage deadlines while ensuring thorough analyses.

Share your experiences in preparing documentation and presenting findings to loan committees. Discuss how you structure your presentations to convey complex financial data effectively.

Provide an example where you identified a bottleneck in the credit analysis process and implemented changes. Highlight the positive impact those changes had on team efficiency or output.

Discuss your passion for financial analysis and how you enjoy making a difference through informed lending decisions. Talk about the fulfillment you derive from supporting the lending team and ensuring sound credit practices.