CREDIT ANALYST - COMMERCIAL
Scale Bank, Edina, MN, United States
We are looking for a credit analyst to support our commercial lending teams. This role provides an opportunity to grow in a supportive, employee‑focused culture that encourages internal advancement.
Position Summary
The primary objective of the Commercial Credit Analyst is to assist the Commercial Lending team in protecting the company’s financial assets. The analyst will use independent judgement and discretion to investigate credit requests, coordinate reviews, and manage credit risk within the portfolio.
Responsibilities
Analyzing financial data of clients/prospects (30%)
Analyze client financial data, such as statements, ratios, credit reports, third‑party sources, and other relevant data to assess creditworthiness.
Provide accurate information and sound judgments regarding commercial clients’ creditworthiness to Relationship Managers and decision makers.
Monitor current status and problems of assigned accounts, bringing significant issues to attention with recommendations for action.
Assist with administration of financial statement tracking software.
Preparing loan reviews and presentations on clients/prospects (30%)
Communicate with Relationship Managers and clients to obtain all information needed for annual reviews and renewals on time.
Underwrite and present credit presentations while adhering to the bank’s credit policies and guidelines.
Support the credit department in planning and coordinating the commercial loan review and risk rating processes.
Assist with preparation and execution of facility documentation.
Provide assistance in the general administration of the commercial loan portfolio and proactively seek out and drive process improvements.
Assisting in the sales process (25%)
Conduct pre‑call industry and company research to support the sales process.
Assist Relationship Managers in ensuring CRM is updated for clients and prospects.
Attend and participate in prospect meetings to help evaluate the creditworthiness of the business.
Credit risk monitoring support (15%)
Support the credit department in preparing reports on the quality and trends for the commercial loan portfolio.
Monitor existing client risk elements, communicate with clients to resolve issues, and bring significant items to the Relationship Manager with recommendations for action.
Recommend continuous improvement to the bank’s credit monitoring and reporting mechanisms.
Team Accountabilities
Delighting my customers
Giving my all
Creating a great place to work
Making improvements
Keeping us compliant
Supervision
This role does not have supervisory responsibility over other employees.
Other Duties
This job description is not designed to cover all activities, duties or responsibilities that may be required. Duties, responsibilities and activities may change at any time with or without notice.
Education, Experience and Skills
Bachelor’s degree in finance, accounting or a related discipline
Proficiency in MS Office products, particularly Excel
Previous banking experience a plus
Workload Management – Ability to manage multiple projects and deadlines
Interpersonal Skills – Ability to establish and cultivate trusting professional relationships
Communication – Ability to express ideas and opinions clearly, both verbally and in writing
Analytical Skills – Ability to collect and analyze data, draw sound conclusions, and formulate recommendations that address critical variables
Teamwork – Ability to foster a shared sense of purpose, collaboration, and accountability for results
Innately curious – A hunger to learn and understand complex information
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Position Summary
The primary objective of the Commercial Credit Analyst is to assist the Commercial Lending team in protecting the company’s financial assets. The analyst will use independent judgement and discretion to investigate credit requests, coordinate reviews, and manage credit risk within the portfolio.
Responsibilities
Analyzing financial data of clients/prospects (30%)
Analyze client financial data, such as statements, ratios, credit reports, third‑party sources, and other relevant data to assess creditworthiness.
Provide accurate information and sound judgments regarding commercial clients’ creditworthiness to Relationship Managers and decision makers.
Monitor current status and problems of assigned accounts, bringing significant issues to attention with recommendations for action.
Assist with administration of financial statement tracking software.
Preparing loan reviews and presentations on clients/prospects (30%)
Communicate with Relationship Managers and clients to obtain all information needed for annual reviews and renewals on time.
Underwrite and present credit presentations while adhering to the bank’s credit policies and guidelines.
Support the credit department in planning and coordinating the commercial loan review and risk rating processes.
Assist with preparation and execution of facility documentation.
Provide assistance in the general administration of the commercial loan portfolio and proactively seek out and drive process improvements.
Assisting in the sales process (25%)
Conduct pre‑call industry and company research to support the sales process.
Assist Relationship Managers in ensuring CRM is updated for clients and prospects.
Attend and participate in prospect meetings to help evaluate the creditworthiness of the business.
Credit risk monitoring support (15%)
Support the credit department in preparing reports on the quality and trends for the commercial loan portfolio.
Monitor existing client risk elements, communicate with clients to resolve issues, and bring significant items to the Relationship Manager with recommendations for action.
Recommend continuous improvement to the bank’s credit monitoring and reporting mechanisms.
Team Accountabilities
Delighting my customers
Giving my all
Creating a great place to work
Making improvements
Keeping us compliant
Supervision
This role does not have supervisory responsibility over other employees.
Other Duties
This job description is not designed to cover all activities, duties or responsibilities that may be required. Duties, responsibilities and activities may change at any time with or without notice.
Education, Experience and Skills
Bachelor’s degree in finance, accounting or a related discipline
Proficiency in MS Office products, particularly Excel
Previous banking experience a plus
Workload Management – Ability to manage multiple projects and deadlines
Interpersonal Skills – Ability to establish and cultivate trusting professional relationships
Communication – Ability to express ideas and opinions clearly, both verbally and in writing
Analytical Skills – Ability to collect and analyze data, draw sound conclusions, and formulate recommendations that address critical variables
Teamwork – Ability to foster a shared sense of purpose, collaboration, and accountability for results
Innately curious – A hunger to learn and understand complex information
#J-18808-Ljbffr