Commercial Credit Analyst (Finance)
Role:
The Commercial Credit Analyst is responsible for collecting, inputting, and analyzing financial and credit data for current and prospective borrowers. This role requires a solid understanding of credit principles, financial analysis, and lending practices related to Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans. The analyst also serves as a key liaison for member inquiries, supports business services operations, and ensures compliance with internal policies and regulatory standards.
Location: Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.
Essential Functions & Responsibilities:
25% Financial Information Analysis:
- Collect financial data from members, internal systems, and third-party sources.
- Use credit analysis tools and database software to input data, build spreadsheets, and evaluate financial statements and tax returns.
- Maintain accurate borrower and loan records.
- Perform cash flow analyses and produce high-quality credit memos for review.
- Identify and resolve exceptions to credit policies and procedures.
- Assess new loan requests and recommend appropriate risk ratings.
25% Collaboration & Documentation:
- Partner with Commercial Loan Officers (LOs) and team members to streamline credit processes.
- Communicate with members and LOs to clarify financial data and obtain missing documentation.
- Notify LOs when updated financials are required for commercial accounts.
- Follow quality control protocols to ensure complete and accurate documentation.
- Prepare presentations for annual reviews of non-complex credit relationships and propose risk ratings.
20% Customer & Loan Officer Liaison:
- Act as the primary point of contact for members and LOs.
- Resolve complex issues and coordinate with internal departments to address business-critical matters.
- Respond to inquiries and complaints from internal and external stakeholders.
- Maintain working knowledge of cash management products and services.
15% Construction Draw Control:
- Oversee and document construction draw requests in coordination with LOs.
- Conduct on-site inspections of real estate collateral.
10% Credit Searches:
- Conduct credit investigations to evaluate member or prospect creditworthiness.
- Research UCC filings to confirm collateral positioning and lien status.
- Analyze collateral to ensure compliance with loan terms and internal policy.
5% Regulatory Compliance:
- Adhere to all applicable regulations and internal policies, including Fair Lending and non-discrimination standards.
- Perform all other duties as assigned.
Performance Measurements:
See Dayforce (HRIS) Performance Management for Goals upon start in role, and annually.
Knowledge and Skills:
Experience: 3 to 5 years of experience in commercial credit analysis, financial statement review, or loan underwriting.
Preferred backgrounds include:
- Commercial banking or credit union lending
- Public accounting or financial consulting
- Real estate finance or portfolio management
Education: Bachelor's degree in Finance, Accounting, Economics, or Business Administration
Equivalent certifications may be considered, such as:
Certified Credit Analyst (CCA), Chartered Financial Analyst (CFA) Level I or higher, or Certified Public Accountant (CPA) coursework.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills:
- Proficient in Microsoft Excel, Word, and financial analysis software.
- Ability to interpret financial ratios, amortization schedules, and loan structures.
- Familiarity with proprietary credit union systems is a plus.
Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
