Business Loan Credit Analyst - DF1967

$62,109 - $62,109/Yr

Royal Credit Union - Eau Claire, WI

Full-time - Mid Level

Eau Claire, WI

Credit Intermediation and Related Activities

About the position

The Business Loan Credit Analyst is responsible for evaluating the creditworthiness of commercial loan applications, assessing borrower credit risk, and making recommendations to ensure compliance with lending policies and strategic directives. This role involves providing insights to risk managers and business lenders regarding loan structures and potential risks, contributing to the loan decision-making process as outlined in the Business Lending Policy.

Responsibilities

• Evaluate creditworthiness of commercial loan applications.
• Assess and mitigate borrower credit risk.
• Make recommendations on commercial loans to maintain lending within policy standards.
• Provide insights to risk managers and business lenders on loan structure and potential risks.
• Interpret standards in accordance with the Business Loan Policy.
• Contribute to the loan decision-making process as directed by the Supervisor or Manager.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or Business-related field, or equivalent work experience.
• Three (3) years of related work experience in a lending or related position.
• General understanding of financial data (Balance Sheets, Income Statements, Cash Flow Statements, Financial Ratios, etc.).

Nice-to-haves

• Financial/Credit analysis experience.
• Knowledge of laws and regulations governing business lending practices.
• Experience in credit analysis in a financial institution.

Benefits

• Comprehensive medical, dental, and vision insurance plans.
• 5% 401k employer match.
• Paid family and sick leave.
• Vacation and sick time accruals.
• Childcare reimbursement.
• Tuition and student loan debt assistance.
• Pet insurance.