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Utilities Employees Credit Union · 4 days ago

Commercial Loan Analyst

Reading, PA

Full-time

Hybrid

Mid, Senior Level

4+ years exp

Utilities Employees Credit Union is seeking a Commercial Loan Analyst responsible for evaluating, underwriting, and analyzing commercial loan applications. The role involves assessing financial statements and collateral, preparing credit memos, and ensuring compliance with regulatory requirements while supporting business lending growth.

BankingCredit CardsFinancial ServicesInsurance

Work & Life Balance

No H1B

Hiring Manager

Craig Lavigna

Responsibilities

Evaluating, underwriting, and analyzing commercial loan applications and participation loan purchases

Ensuring sound credit decisions that align with the Credit Union's risk appetite and regulatory requirements

Assessing financial statements, tax returns, and collateral

Preparing credit memos and recommending approval or denial of loan requests

Supporting business lending growth while maintaining portfolio quality and compliance with all applicable laws and regulations

Coordinating and analyzing annual loan reviews for the existing commercial portfolio

Working with the Credit Union's third-party business loan servicer

Qualification

Commercial lending regulationsCash flow analysisLoan underwritingFinancial statement analysisBusiness lending experience

Required

Minimum of four years prior lending experience

Knowledge of commercial lending regulations and compliance requirements

Experience with cash flow analysis

Knowledge and/or exposure in the areas of business lending, loan participation, consumer, real estate, vehicle and personal lending at a bank, credit union or other comparable financial institution