LMCU · 2 days ago
Senior Commercial Credit Analyst
Grand Rapids, MI
Full-time
Onsite
Senior Level
5+ years expLake Michigan Credit Union is one of the largest credit unions in the nation, and they are seeking a Senior Commercial Credit Analyst. This role involves assessing the risks of commercial loan requests and managing a commercial loan portfolio while mentoring junior analysts and assisting in various lending tasks.
BankingFinanceFinancial ServicesNon Profit
Responsibilities
Gather and analyze financial data such as income growth, budgets, projections, cash flow, quality of management, and industry information to determine extension of credit and risks around extension of credit
Assist commercial loan officers with the structuring of loans, keeping with established regulations and policies. Provide commercial loan officers with pertinent questions pertaining to the Borrower/Proposed Borrower and the subject loan request(s)
Provide feedback, when necessary, regarding the Member Business Loan policy and procedures. This includes preparing formal requests to waive regulations when required by loan structure
Maintain administrative tracking reports to include: financial statements, covenants, and borrowing base tracking
Collect and review updated financial information from existing Borrowers to reassess risk grades and for detection of any potential credit deterioration
Assist in maintenance of the commercial lending referral system to include communicating with potential borrowers regarding loan structures, desired types of loans, and required information needed to consider a loan request
Qualification
Required
5+ years of commercial lending underwriting experience
Strong working knowledge of Microsoft Word and Excel is required
Must possess the ability to prepare written reports and present formal presentations
Preferred
Bachelor's degree in Business Administration, Finance, Economics or other related business study strongly preferred
Database experience preferred
Benefits
Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and Vision
Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA)
Retirement options like 401 (k) with company match and pension
Paid time off: Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time
Tuition reimbursement
Company
LMCU
You’ll enjoy a rewarding, professional environment where you’ll be encouraged to innovate and excel.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Peter Dann
Chief Financial Officer
Dharmesh Patel
COO - Southwest Florida Region
Recent News
2025-10-09
2025-07-25
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