Cooperative Business Services (CBS) · 1 month ago
Commercial Special Assets Credit Analyst
United States
Full-time
Remote
Mid Level
$37.50/hr - $43.27/hr
3+ years expCooperative Business Services (CBS) offers a comprehensive commercial lending solution and is seeking a Commercial Special Assets Credit Analyst. The role involves supporting the management of the special asset portfolio through financial analysis, credit monitoring, and risk assessment to aid in decision-making and risk mitigation efforts.
BankingCommercialCreditFinanceFinancial ServicesReal Estate Investment
Responsibilities
Performs credit analysis and risk assessment by collecting, reviewing, and spreading borrower and guarantor financial information in accordance with departmental guidelines to support sound credit decisions
Analyzes financial performance and repayment capacity by evaluating balance sheets, income statements, cash flow, trends, and variances to identify credit and collateral risk
Supports portfolio monitoring and Special Assets activities by assisting with loan reviews, collateral evaluations, action plans, and ongoing credit oversight
Monitors collateral compliance by verifying real estate tax payments and insurance coverage to ensure adequate risk mitigation
Performs CECL impairment analysis for individually evaluated loans and documents reserve conclusions and recommendations
Maintains accurate and audit-ready loan documentation by organizing files, updating internal systems, and supporting internal and regulatory reporting
Performs related duties as assigned to support effective credit administration and risk management
Preforms other related duties as assigned by management
Qualification
Required
Bachelor's degree in Finance, Accounting, Business, or a related field
3+ years of experience in commercial credit analysis, loan review, or a similar banking/financial services role
Proficiency with credit spreading software (e.g., Abrigo Sageworks) and Microsoft Office Suite, especially Excel
Preferred
Familiarity with CECL impairment methodology and collateral evaluation processes
Benefits
Remote Work Environment
Generous Holidays: Take advantage of 13 paid holidays each year
Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary.
401(k) Plan: The company provides a generous matching contribution of up to 6%.
Tuition Assistance
Company
Cooperative Business Services (CBS)
Cooperative Business Services offers a comprehensive, end-to-end commercial lending solution that empowers financial institutions with cutting-edge software, expert services, and strategic business development resources.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Andy Weingartner, CCUE
Chief Credit Officer
Recent News
Small Business Trends
2024-12-31
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