Commercial Credit Analyst

Job Title: Commercial Credit Analyst
Job Type: Full-time
Location: Virginia Beach, Virginia, St. George, Utah or Salt Lake City, Utah

All of us at Chartway stand united in our strong culture oflistening and learning. We treat people with respect, integrity, and kindness,and are committed to continuously developing a diverse and inclusive workplacewhere team members are empowered to be their authentic selves. All backgrounds,viewpoints, and life experiences are welcome, knowing this commitmentstrengthens our credit union family and communities.

The Commercial Credit Analyst is responsible to the Business Lending Leader for the underwriting of new commercialloan requests, modifications of existing loans, and for the annual review ofexisting loans within the portfolio, while ensuring all federal regulations andlaws are followed.

Responsible andAccountable for:
Working closely with commercial loan officers, borrowers, and guarantors to obtain relevant documentation to effectively review and evaluate commercial loan requests
Conduct in-depth review of loan application documents including rent rolls, leases, balance sheets, income statements and tax returns presented by applicants to assess their ability to generate income sufficient to repay existing and proposed debt
Prepares written proposals that summarize the borrowing request, an analysis of the financial condition of the borrower, the adequacy of collateral, sources of repayment, stress testing, industry comparisons, management experience, and provides recommendations based on analysis
Spreads and analyzes personal and business financial statements
Completes quality assurance reviews
Makes risk rating and structuring recommendations
Actively participate with lending officers in the preparation of commercial loan proposals for committee presentation
Performs annual reviews or financial analysis reviews as needed on existing commercial loans
Reviews appraisals, inspections, environmental or other reports and advises of notable call outs
Assists management in the review and approval of small business loans as prepared by loan processors, within level of authority
Assumes additional responsibilities as requested
Knowledge, Skills and Abilities: Must be able to separate and understand various elements of financial statements and tax returns and determine the probability that the conditions of the loan request will be met
Strong analytical, critical thinking, and decision making skills
Knowledge of commercial products, market trends, commercial loan procedures and related federal regulations
Advanced skills with Microsoft Office Suite including Outlook, Word, and Excel
Must have excellent written and verbal communication skills
Must be able to perform credit analysis with and without the assistance of a commercial loan origination system
Ability to multitask, prioritize and work independently
Ability to meet strict deadlines
Education and Experience: Bachelor's degree with emphasis on accounting, finance, economics, or business or equivalent experience.
Approximately 2-4 years commercial credit analysis experience in a banking or credit union environment.

Chartway offers a competitive salary and a comprehensive benefits package. Candidates must have a good credit history for consideration. Salary requirements must be included and resumes must be accompanied by a Chartway Employment Application for consideration.

Chartway Federal Credit Union is an EOE/M/F/ Disability/Vet Employer.