Credit Analyst - Seattle, WA (Fully In Office)

at  The Commerce Bank

We are now accepting resumes for our Credit Analyst role located in Seattle, WA. This position will be fully in office. This position will be reporting to the Senior State Credit Administrator and will support CBW/CBO Credit Administration rather than working directly with a Relationship Manager.

The ideal candidate for this role will have the skills and experience necessary to fulfill the following responsibilities and qualifications:

• Conducts credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to loan analysis.
• Responsible for tracking credit approvals and will work with lenders to ensure accuracy and completeness in preparation of credit presentations, with emphasis on proper determination of policy exceptions and sensitivity analysis.
• Responsible for problem loan and general forecasting and analysis.
• May work closely with RMs, other Credit Analysts, as well as the Note and Documentation departments.
• Responsible for regulatory reporting for CRA and HMDA.
• Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
• Responsible to understand of the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals.
• Analyzes financial statements and related material and makes recommendations for approvals of credits.
• Analyzes financial conditions and trends; reviews and reports non-compliance with loan covenants.
• Determines cash flow using appropriate tax analysis.
• Prepares summaries, presents facts, and offers opinions concerning credit-worthiness and any risk items or issues.
• Provides credit information and references for customers, loan officers, or other agencies as requested.
• Ensures that all credit files include current financial statements, agency reports, etc.
• May make recommendations for loan structure.
• Maintains control over current accounts, noting payment progress, watching for any developing problems, and keep loan officers informed.
• Keeps abreast of all new credit regulations and laws and ensures compliance with such.
• May assists with projects as needed.
• Other duties as assigned.

QUALIFICATIONS :

• Requires a Bachelor’s in finance, business, accounting or a related field and 3+ yrs credit/financial analysis, lending, underwriting or other directly related experience.
• A combination of education and experience may meet job requirements.
• Basic working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles.
• Some experience working with various types of loans.
• Basic working knowledge of credit risk, legal and regulatory requirements.
• Ability to work with lending officers and staff.
• Good client relationship and communication skills, both verbal and written.
• Ability to make sound decisions and recommendations regarding loans.
• Working knowledge of computer software programs including spreadsheets, word processing, etc. required.

• Conducts credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to loan analysis.
• Responsible for tracking credit approvals and will work with lenders to ensure accuracy and completeness in preparation of credit presentations, with emphasis on proper determination of policy exceptions and sensitivity analysis.
• Responsible for problem loan and general forecasting and analysis.
• May work closely with RMs, other Credit Analysts, as well as the Note and Documentation departments.
• Responsible for regulatory reporting for CRA and HMDA.
• Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
• Responsible to understand of the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals.
• Analyzes financial statements and related material and makes recommendations for approvals of credits.
• Analyzes financial conditions and trends; reviews and reports non-compliance with loan covenants.
• Determines cash flow using appropriate tax analysis.
• Prepares summaries, presents facts, and offers opinions concerning credit-worthiness and any risk items or issues.
• Provides credit information and references for customers, loan officers, or other agencies as requested.
• Ensures that all credit files include current financial statements, agency reports, etc.
• May make recommendations for loan structure.
• Maintains control over current accounts, noting payment progress, watching for any developing problems, and keep loan officers informed.
• Keeps abreast of all new credit regulations and laws and ensures compliance with such.
• May assists with projects as needed.
• Other duties as assigned