Credit Analyst

Credit Analyst Reports To: Sr. Credit Manager and/or Chief Credit Officer Location: Hybrid with some in-office requirements

Position SummaryThe Credit Analyst plays a pivotal role in shaping the financial landscape of our organization by leading our credit risk management strategy. This position requires analytical expertise and strategic insight to influence high-stakes decisions, ensuring the long-term financial health and growth of the credit department. Reporting directly to the Sr. Credit Officer and/or Chief Credit Officer, the Credit Analyst will assess credit data, evaluate financial statements, and contribute to lending decisions that align with the organization's risk tolerance and objectives.This role requires a keen eye for financial details, strong decision-making abilities, and effective communication to collaborate with internal teams and customers.

Primary FocusAnalyze credit risk and assess financial health of individuals and businesses.Develop credit evaluations to support loan decisions.Collaborate with internal teams and external clients to manage credit portfolios.Utilize data-driven insights to mitigate risks and enhance profitability.

Key Responsibilities1. Credit Analysis & Risk ManagementAnalyze credit data and financial statements to determine creditworthiness and risk level.Generate financial ratios and models to assess customers’ financial status.Compare liquidity, profitability, and credit histories across industries and geographic locations.Prepare risk assessment reports and present findings to loan committees.2. Loan Application & Approval ProcessComplete loan applications, including credit analyses and summaries of loan requests.Submit findings to loan committees for review and approval.Consult with customers to verify financial and credit transactions and resolve disputes.3. Collections & Payment PlansContact customers to collect payments on delinquent accounts.Evaluate customer records and recommend structured payment plans.Review customer files and identify high-risk accounts for further action.4. Collaboration & ReportingWork with internal credit teams and business representatives to exchange credit information.Maintain accurate and updated credit records and reports.Support risk management initiatives by identifying trends and providing recommendations.

Qualifications and RequirementsPreferred QualificationsBachelor’s degree in Finance, Accounting, Economics, or a related field.Certificate in Commercial Credit (CICC) – preferred.Certified Credit Professional (CCP) – preferred.Credit and Counterparty Risk Management (CCRM) – preferred.Minimum QualificationsHigh School Diploma or GED Equivalent.Experience in credit analysis, financial statement review, or risk assessment preferred.Technical & Computer SkillsProficiency in database management for handling large amounts of financial data.Strong Excel skills, including financial modeling and data analysis.Experience with credit risk software and reporting tools.Ability to create and manipulate presentations, spreadsheets, and word processing documents.Strong internet navigation and research skills to support financial evaluations.Other Knowledge, Skills & AbilitiesExcellent analytical and problem-solving skills.Strong communication and negotiation abilities.Attention to detail and ability to handle sensitive financial information.Ability to work independently and collaborate with teams across the organization.

Work EnvironmentHybrid role with some in-office requirements and collaboration with internal credit teams.