Senior Credit Analyst

Description At Consumers Credit Union, we're not just "The People in Your Corner," we're a certified Great Place to Work! We're currently looking for a Senior Credit Analyst to join the Commercial Lending Team. Unlike other Credit Unions or smaller banks, CCU puts a focus on growing our membership and business in the Commercial Lending space. If focusing on people over shareholder returns resonates with you and you've got commercial loan underwriting experience, then please keep reading! Schedule/Location: This is a "flex" position with work from home days along with onsite days based at our Lake Forest corporate office. Local Northern IL/Southeastern WI candidates only! What you'll do in this role: As a Senior Credit Analyst, you will manage and monitor existing commercial portfolio with an emphasis on customer service, risk management and financial reporting requirements. Evaluate financial information, business risks and providing credit recommendations. Provide analysis of financial information in conjunction with requests for existing commercial portfolio. You'll also participate in the annual member business loan review process for existing commercial portfolio. Prepare credit presentations, track financial statements and submit credits for underwriting for existing commercial portfolio. Your day-to-day will include: Managing, monitoring, and risk management of a portfolio of commercial real estate loan relationships including underwriting and annual loan reviews. Taking business and personal financial statements and spreading into financial statement management program. Conducting detailed analysis of the financial data and writing a related narrative outlining key information like the purpose of the loan, payment sources, collateral, risk rating, etc. Monitoring commercial loan files, ensuring completion of annual reviews and financial reporting requirements are met. Reviewing income approach in appraisals and reaching out to appraisers if there are questions. Working with members and third parties, such as accountants, to gain insights into financial practices and trends in a particular business. Collecting past due loans and actively work with members whose financial condition is performing negatively. Providing member support on loan or depository related questions or concerns and other products and services in a promote, consistent, and accurate manner. Acting as subject matter expert for special projects and underwriting system by performing administrator functions for underwriting software system to include but not limited to new user set-up, creating reports, updating workflow settings, and implementing improvements to system. Training new employees by ensuring understanding of underwriting system and other organizational systems. Performing quality assurance checks for other team members. Providing feedback and recommendations to ensure procedures and policies are followed. What you'll need to join the team: At least 5 years of experience as a Commercial Credit Analyst/Commercial Underwriting in a Credit Union or Bank. A relevant Bachelor's Degree (such as Accounting or Finance) is preferred but not required. We're putting more weight on formal Commercial Analyst/Underwriting experience in Real Estate specifically. Formal credit trained with an emphasis on fundamental best practices and various cash flow types. Professional verbal and written communication skills. Excellent attention to detail, analytical, problem solving, and follow up skills. Self-directed and independent worker. Advanced proficiency with financial analysis tools. Experience with nCino loan origination system is highly preferred. With CCU you'll enjoy: A stable, growing, well-managed company with a bright future. A sincere commitment to our core values: Be Helpful, Act with Integrity, Be Transparent, Keep it Simple, Be Positive, Embrace Inclusion and Diversity. A belief in developing our employees to their fullest potential. And total rewards that include competitive pay and other benefits: FREE: basic life insurance, short-term and long-term disability insurance, employee-only fitness center. Multiple plan options for medical and dental, vision coverage, tax-advantaged spending accounts, employee assistance program, tuition assistance, student loan assistance, paid parental leave, and more. Generous Paid Time Off (accrue up to 4 weeks during your first year!) + 11 company paid holidays + CCYou Day - a paid day off for you to focus on your wellbeing. More about CCU: We're Consumers Credit Union (CCU) and we're The People in Your Corner. We're a financial institution just like a bank, except not exactly. Banks have customers, but because we're a not-for-profit, member-owned credit union, we have members. And because we're not a bank, we don't drive up profits just because shareholders demand it. Instead, we focus on driving up member happiness through low loan rates, high deposit rates and low- or no-fee products and services. We focus on things like transparency, simplicity, helpfulness, integrity, positivity and inclusion - and we always put our members first. In fact, we serve over 200,000 members and have over $3 billion in assets. We employ nearly 500 people in the Chicago area and operate 14 branch locations in Illinois. We offer access to a national shared branching network, and more than 80,000 surcharge-free ATMs worldwide. And although we've been around for over 90 years, we're just getting started! Equal Opportunity Employer: CCU complies with the requirements and spirit of the law in the implementation of all facets of equal opportunity in employment. There will be no discrimination on the basis of race, ancestry, color, religion, sex, sexual orientation, gender identity, marital status, pregnancy, age, national origin, citizenship, disability, genetic information, military status (including unfavorable discharge from the military), criminal or arrest history (unless job related), crime victim status, or any other protected characteristic in the recruitment, selection, training, utilization, promotion, termination, or any other employment actions or term and condition of employment. CCU complies with applicable state and local laws governing non-discrimination in employment in every location in which CCU has facilities. We are committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. If reasonable accommodation is needed to participate in the job application or interview process, please contact our Human Resources team at: or .

Created: 2024-11-05