Senior Credit Analyst

Essential Responsibilities

The Credit Analyst will:

•  Prepare the detailed Credit Memorandum within First Federal’s commercial underwriting standards.


•  Spread financial data and prepare financial analysis for assigned commercial credit requests.


•  Form preliminary questions to drive underwriting and loan eligibility.


• Identify and assess potential risks associated with the credit, including financial, operational, and industry-specific risks. 


• Partner with Commercial Loan Officers (CLO) throughout the underwriting process.


•  Perform credit risk analysis as requested by a CLO, including annual reviews, monitoring loan covenants, and assisting with asset classification.The Senior Credit Analyst will escalate concerns to CLO, supervisor, or Chief Credit Officer (CCO). 


•  Make recommendations regarding loan approval, denial, or modification based on the credit analysis.


•  Complete other duties as assigned.

Minimum Qualifications

•  A bachelor’s degree in accounting, finance, or equivalent, and


•  Three (3) years’ experience working as a commercial credit analyst within a banking environment.

Preferred Qualifications

•  Five (5) years’ experience working as a commercial credit analyst within a banking environment, and/or


•  A master’s degree in accounting, finance or equivalent.


•  Professional Certification: CPA or CFA.

Job Requirements

•  Reliable transportation to/from work.


• Sitting or standing for extended periods of time and requires close the ability to work and operate computer applications and equipment.


• Able to perform essential responsibilities of the job with or without reasonable accommodations.