Portage Bank · 1 month ago
Commercial Loan Processor and Credit Analyst
Washington, United States
Full-time
Hybrid
Entry, Mid Level
$75K/yr - $85K/yr
1+ years expPortage Bank is a relationship-driven financial institution committed to delivering sound banking solutions and exceptional customer service. The Credit Analyst is responsible for evaluating the creditworthiness of borrowers and plays a critical role in maintaining the quality of the loan portfolio while assisting lenders in structuring credit solutions.
FinanceLendingPersonal Finance
Hiring Manager
Christina Pick, SHRM-CP
Responsibilities
Analyze financial statements, tax returns, cash flow projections, and other borrower documents to assess credit risk
Prepare detailed credit memos and risk assessments for loan approvals and renewals
Assist lenders with loan structuring by identifying strengths, weaknesses, and mitigants in proposed transactions
Monitor existing loans for covenant compliance, risk changes, and renewal activity
Conduct industry, market, and collateral analysis to support loan decisions
Maintain thorough and accurate documentation in accordance with internal policies and regulatory guidelines
Collaborate with loan officers, portfolio managers, and senior credit staff to ensure high credit quality and consistency in underwriting
Participate in ongoing training to stay current with banking regulations and credit trends
Preparing and reviewing loan documents for accuracy and compliance with regulations
Working closely with loan officers and clients to facilitate the loan process
Maintaining accurate records of all loan documents and ensuring timely updates
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or related field
1–3 years of experience in credit analysis, commercial or residential lending, or financial analysis
Strong understanding of financial statement analysis, ratio analysis, and cash flow evaluation
Familiarity with lending regulations, loan documentation, and credit policies
Proficient in Microsoft Excel and financial analysis tools
Excellent written and verbal communication skills
Detail-oriented with strong organizational and time-management abilities
Preferred
banking experience preferred
experience with credit software systems is a plus
Benefits
Competitive salary and benefits
Opportunities to work closely with senior leadership and contribute to impactful decisions
A collaborative, professional environment that encourages growth and learning
A mission-driven culture that values credit quality and responsible lending
Company
Portage Bank
Portage Bank is a financial institution that offers deposit accounts, home loans, personal loans, and commercial loan services.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Matthew Moran
President & CEO
Company data provided by crunchbase