Senior Commercial Credit Analyst


The Senior Commercial Credit Analyst will be responsible for the review of financial statements, tax returns, credit, and collateral on commercial loan requests to ensure compliance with Alltrust Credit Union Commercial Lending Policy. Primary responsibilities include, but are not limited to, performing a cash flow, collateral, and credit analysis on a borrowing entity and its guarantor(s) on a new loan request or a participating loan transaction, and recommend a credit decision. Additionally, this position will also evaluate portfolio credit risk on a periodic basis on existing commercial or commercial participation loans within the portfolio to assess changes in credit risk as a part of risk management practices.


Duties and Responsibilities:

  • Review and analyze borrowing entity and guarantor credit reports, tax returns, financial statements to conduct a thorough cash flow analysis.
  • Assess financial stability and creditworthiness of borrowing entities and guarantors to determine ability to repay. Conduct financial ratio analysis including operating, leverage, liquidity, capacity, and collateral.
  • Review and analyze appraisals, property inspections, and/or environmental for risk analysis and acceptability of collateral.
  • Prepare personal and business cash flow analysis for borrowing entities and guarantors to determine appropriate risk rating.
  • Compose credit memos in narrative format to be presented to management for approval. Will include results of credit analysis and a summary of additional requirements and recommendations for the loan. Memos to include an analysis of borrower(s) character, financial reports and ratios, liquidity, profitability, credit and historic business experience and trends, collateral, economic conditions, competition, along with similar industry, size and geographic location, and a summary of additional documentation and covenants required for the loan.
  • Monitor and review commercial loans/participations, interacting and communicating with participating entities and internal accounting, servicing, and collections departments.
  • Assist with loan portfolio monitoring. Track and perform periodic loan reviews of commercial loans and participations as required and ensuring accuracy and completeness of each credit. (e.g. preparing financial request letters, ordering property inspections, updated insurance, spread of financials, rent rolls, and additional loan covenant requirements). Recommend asset quality rating upgrades and downgrades in risk ratings, and credit modifications if necessary.
  • Participate in the updating of policies, procedures, and guidelines. Lead responses and implementation of changes including new programs, systems, documents, and verifications related to commercial lending.
  • Assist commercial loan officers with loan application and approval process.
  • Participate in internal audits and regulatory examinations.
  • Performs additional duties as required.



To perform this job successfully, an individual must be able to perform each essential duty satisfactorily, and comply with all Federal, State, NCUA, Secondary Market, and internal credit union policies and procedures. The qualifications below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Supervisory Responsibility:


Language Ability:

The position requires the ability to read and interpret documents, along with the ability to write routine reports and correspondence. The incumbent must possess the ability to speak effectively in one-on-one groups or large groups and the ability to respond to inquiries or complaints in a professional manner.

Math Ability:

The incumbent should possess the ability to work with mathematical concepts such as statistics, fractions, percentages, ratios, and proportions to credit union situations. Must be proficient with Excel reporting and using formulaic functions for data analysis, trend analysis, reporting, and presentation.

Reasoning Ability:

Must have the ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret a variety of complex instructions furnished in written, oral, diagram, or schedule form.

Computer Skills:

The position requires strong experience with Loan Origination systems, ancillary loan systems and vendors such as Optimal Blue, Credit Union Core operating systems, and MS Word, Excel, and PowerPoint.

Education/Experience Required:


  • Bachelor’s degree in accounting or finance.
  • Minimum of 5 years’ experience in commercial credit analysis/credit review with a solid understanding of accounting principles, financial statements, and income tax returns.
  • Experience that supports strong understanding of commercial credit analysis concepts and ability to apply concepts when reviewing financial statements and tax returns.
  • Strong analytical, mathematical skills, financial literacy skills, and general understanding of GAAP
  • Strong Excel skills
  • Ability to use technology to perform job functions effectively and efficiently.
  • Performance-driven mindset
  • Excellent written and verbal communication skills.


Working Conditions and Physical Effort:

The work environment characteristics described here are representative of those a Credit Analyst encounters while performing the essential functions of this job.

Physical Demands/Efforts:

  • Regular physical exertion required to lift up to 20 lbs.
  • Work performed is typically sedentary with occasional periods of walking and standing. May also require stooping, kneeling, and crouching.
  • Utilizes finger dexterity to perform computer options.
  • Must be capable of effective oral communication via writing, telephone, fax, or face to face.
  • Travel between locations and attend meetings.

Mental & Visual Demands:

  • Mental concentration is required to work with numbers and spreadsheets.
  • Work requires visual effort of significant duration to review documents, drive to client locations and interact with others.

Work Environment and Hazards:

  • The work environment is in a typical office setting free from noise and hazards.