Commercial Credit Analyst

We're Canvas Credit Union

We're passionate about transforming financial services. Our members, families, and the communities we call home motivate everything we do. As part of the credit union movement, we believe in providing our members with education, support, and guidance to build strong financial futures.

Canvas "It's About More" Video - YouTube (Click here - or, visit )

Why Canvas?

At Canvas, we're dedicated to transforming financial services from the inside out. Our culture is a top priority and second to none. We strive to balance hard work and high achievement with a fun, supportive environment.

At Canvas, there are 5 behaviors we live by each day that will continue to help us be known for our heart and our people:

What's In It For You

• Seriously good benefits
  : Beyond healthcare, dental, and life insurance, we make it so worth your while. Canvas employees get up to a 10% company contribution to their 401k, generous personal time off, and employee discounts on loans (that includes cars and houses). The starting pay range for this position is $85,000.00-$100,000.00/annual, and final pay rate will be determined based on experience, education, skills, and internal equity factors.  Canvas benefits include:

• • Medical/Dental/Vision Insurance
• Paid Vacation
• Paid Sick Time
• Paid Holidays
• Paid Wellness Day
• Paid Volunteer Time
• Flexible Spending Account
• Health Savings Account
• World Class 401(k) Plan
• Tuition Reimbursement
• Rate Discounts on Qualifying Loans
• May be eligible for incentives or discretionary bonus based on results

What you'll do

The Commercial Credit Analyst is responsible for the analysis of new and existing commercial real estate and business loan requests. The Commercial Credit Analyst will evaluate tax returns, financial statements, rent rolls, leases, appraisal reports, and other relevant documents, to determine the overall creditworthiness of each request as documented by a loan presentation. Analysts will work with loan officers and other Credit Union personnel to present each request for credit review. The Commercial Credit Analyst will also assist in portfolio management activities, as requested. They will perform all duties in accordance with established policies, procedures and objectives of the organization and in compliance with all fair lending regulations.

Essential Duties/Responsibilities

• Conduct analysis of financial statements, tax returns, forecasts, budgets and market information to determine key ratios. Analyze current and historical cash flows, projections and collateral data to determine repayment sources.
• Analyze a borrower's personal tax returns to determine global cash flow; personal financial statements and real estate schedules to determine net worth and liquidity.
• Prepare written credit presentations on all new loans, renewals, extensions and modifications relative to financial strengths and weaknesses of borrowers, risk assessments, strengths of guarantors, industry analysis, collateral and loan structures with opinions as to credit worthiness.
• Perform annual reviews to monitor credit quality, assure timely and accurate risk ratings of loans and early identification of deterioration in credit quality.
• Assist and coordinate with Officers to obtain and review proper documentation for commercial loan closings, including but not limited to financial statements, appraisals, title policies, organization documents and environmental reports.
• Assist in the preparation of monthly, quarterly and annual portfolio reports.
• Review commercial loan documents for quality control.
• Perform file maintenance and/or file audits on commercial loans as needed.
• Assist with portfolio administration such as document tracking, reporting, and covenant monitoring.
• Exhibit support for the organization's goals, values, initiatives, and cost control.
• Keep informed on developments and trends in the financial services industry. Share knowledge with the management team on effective practices, competitive intelligence, business opportunities and needs.
• Assist in defining and developing strategy needed to achieve organizational goals.
• Comply with Bank Secrecy Act (BSA) and other compliance requests and requirements.
• Follow all safety and security guidelines to properly safeguard member and organization assets.
• Embrace ongoing education and learn/apply new skills and software applications.
• Regular attendance and punctuality are essential functions of the job.
• Perform other job duties as assigned.
• Pre-employment background review (components include: criminal, employment, address, social security number, motor vehicle record, global sanctions, and sex offender).

Job Qualifications

Knowledge, Skill and Ability:

• Comprehensive knowledge of state/federal compliance regulations, lending policies, credit union operations, profitability analysis, and asset/liability management.
• Strong relationship building and teamwork skills with the ability to develop and maintain consultative relationships with other Canvas team members.
• Excellent verbal, written and interpersonal communication skills with the ability to explain their findings to peers, managers, and executives of the Credit Union.
• Advanced knowledge and understanding of financial products and services.
• Strong analytical, problem solving and decision making skills.
• Strong attention to detail and excellent organizational skills; ability to manage multiple priorities with demanding deadlines.
• Ability to work with mathematical concepts such as those necessary to create and/or update spreadsheets or calculate DSCR, LTV and other key measures of credit risk. Ability to read and interpret appraisals, tax returns, business financial statements and other documents relied upon to make credit decisions.
• Must be proficient in MS Office (Outlook, Excel, Word)

Education or Formal Training:
 Bachelor's degree in Accounting, Finance, related field or equivalent work experience.

Experience:
 Minimum of five years of commercial credit analysis or related experience. Experience in Commercial Real Estate (CRE) and Commercial & Industrial (C&I) lending is preferred

For Current Canvas Employees:
To be considered, you must be meeting performance expectations, consistently demonstrating HEART behaviors, 
and
 
must submit
an up-to-date resume 
or
update your Work History profile with your current responsibilities and accomplishments.

Working Environment/Physical Activities

High volume, fast-paced, dynamic office environment.  Must be able to work a flexible schedule including evenings and weekends.  The job routinely uses standard office equipment such as computers, phones, printers, copiers, fax machines and filing cabinets.  The position requires manual dexterity, the ability to lift files and open filing cabinets.  The position requires bending, stooping, or standing as necessary.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.  Duties, responsibilities and activities may change at any time with or without notice.

Applications accepted through November 18, 2025.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.