Westmark Credit Union · 15 hours ago
Commercial Credit Analyst
Idaho Falls, ID
Full-time
Onsite
Mid, Senior Level
5+ years expWestmark Credit Union is a well-established financial institution that values individual contributions and offers a supportive work environment. They are seeking a Commercial Credit Analyst responsible for performing credit analysis on financial statements and income tax returns for commercial loan clients, while collaborating closely with Commercial Loan Officers.
BankingCredit BureauFinancial ServicesInsurance
Responsibilities
Gather income tax returns, financial statements, and additional credit data from prospective and existing commercial loan clients, including CPAs or other related parties
Spread financial statements and tax returns provided by commercial loan borrowers, performing in-depth financial analysis
Utilize standardized financial analysis tools and software to calculate business lending ratios (e.g., Liquidity Ratios, Leverage Ratios, Operating Ratios) and identify financial trends for new loan requests or reviews of existing commitments
Analyze various collateral types, including Commercial Real Estate (CRE), Multi-Family, Retail, Warehouses, and Proposed Construction
Identify loan purpose, sources of repayment, and collateral values, communicating findings in a comprehensive written analysis
Conduct appraisal reviews and perform ongoing covenant testing as required
Assist in developing materials for loan presentations to the Commercial Loan Committee and Executive Credit Committee
Communicate strengths and weaknesses of applicants’ financial positions and ratios to Commercial Loan Officers to support loan decisions
Serve as a backup for Commercial Loan Processing tasks as needed
Participate in Westmark-sponsored community and business events
Attend training in credit analysis and financial analysis as assigned, including CUNA CPD training and relevant conferences
Perform additional duties as directed by the VP of Commercial Lending
Qualification
Required
Bachelor's degree in business, finance, or accounting; or five years of relevant experience in commercial lending
Exceptional skills in Microsoft Excel, including advanced financial calculations and formula use
Proficiency in financial analysis tools and methodology
Knowledge of Commercial and Industrial (C&I), Commercial Real Estate (CRE), Construction, and SBA lending
Excellent written and verbal communication skills, with the ability to deliver assertive presentations and interact professionally with clients
Demonstrates high accuracy and attention to detail in financial analysis
Displays strong public relations skills and a positive attitude when interacting with clients and coworkers
Maintains a reliable attendance record and accountability for actions
Demonstrates effective time management and organizational skills
Strong teamwork skills with a willingness to support the department as needed
Proficiency in using computers and relevant software tools
Manual Dexterity and hand-eye coordination for tasks such as typing and operating office equipment
Sitting for extended periods of time
Visual and auditory abilities to understand and communicate with the public
Repetitive motion using wrists, hands, and fingers
Occasionally lift and carry up to 15 lbs., if required for departmental tasks
Benefits
Paid Time Off (3 to 5 weeks per year, depending on tenure) PLUS 11 paid holidays.
Excellent health insurance options for employees and family with shared premiums
401k with 75% company match and 2% profit sharing contribution
Tuition Reimbursement and Scholarships
Employee Assistance Program (Free counseling and legal services)
Company
Westmark Credit Union
Westmark Credit Union is a financial firm that provides banking, loans, investment and insurance services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Davin Garlick, CPA
Chief Financial Officer
Don West
Chief Information Officer
Company data provided by crunchbase