Lead Commercial Credit Analyst

2 weeks ago


Lake Forest, Illinois, United States Consumers Credit Union Full time

At Consumers Credit Union, we pride ourselves on being a certified Great Place to Work. We are currently seeking a Senior Credit Analyst to enhance our Commercial Lending Team. Our focus is on expanding our membership and business within the Commercial Lending sector, prioritizing people over shareholder profits. If you possess commercial loan underwriting expertise, we encourage you to explore this opportunity further.


Work Schedule and Location:
This position offers flexibility with a combination of remote work and onsite responsibilities based at our corporate office.


Key Responsibilities:
As a Senior Credit Analyst, your primary duties will include:

  • Overseeing and assessing an existing commercial portfolio, emphasizing customer service, risk management, and financial reporting.
  • Evaluating financial data and business risks to provide informed credit recommendations.
  • Conducting thorough analyses of financial information related to the commercial portfolio.
  • Participating in the annual review process for member business loans.
  • Preparing credit presentations and tracking financial statements for underwriting.

Daily Tasks:

  • Managing a portfolio of commercial real estate loan relationships, including underwriting and annual reviews.
  • Analyzing business and personal financial statements.
  • Writing detailed narratives that outline key loan information, including payment sources and risk ratings.
  • Ensuring compliance with annual reviews and financial reporting requirements.
  • Collaborating with appraisers to address appraisal inquiries.
  • Engaging with members and third parties to gain insights into financial practices.
  • Assisting members with loan-related inquiries and providing support for other products and services.
  • Acting as a subject matter expert for special projects and underwriting systems.
  • Training new staff on underwriting systems and procedures.
  • Conducting quality assurance checks and providing feedback to team members.

Qualifications:

  • A minimum of 5 years of experience in Commercial Credit Analysis or Underwriting within a Credit Union or Bank.
  • A Bachelor's Degree in a relevant field such as Accounting or Finance is preferred.
  • Formal credit training with a focus on best practices and cash flow analysis.
  • Strong verbal and written communication skills.
  • Exceptional attention to detail and analytical problem-solving abilities.
  • Ability to work independently and self-manage.
  • Advanced proficiency in financial analysis tools; experience with nCino is highly desirable.

Benefits:
Consumers Credit Union offers a stable and growing work environment with a commitment to core values such as integrity, transparency, and inclusion. Employees enjoy competitive compensation and a comprehensive benefits package, including:

  • Free basic life insurance and disability coverage.
  • Multiple medical and dental plan options, along with tax-advantaged spending accounts.
  • Generous Paid Time Off, including company holidays and wellness days.

We are dedicated to providing equal employment opportunities and reasonable accommodations for individuals with disabilities.



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