Commercial Credit Analyst

Evergreen CU is hiring a Commercial Credit Analyst at their Westbrook branch. The Commercial Credit Analyst provides the following roles towards assisting the credit union in achieving its mission and goals with the commercial lending department:

  • Perform due diligence on existing and prospective borrowers to inform credit decisions.
  • Assist commercial lenders by preparing financial analyses and related narratives on loan requests.
  • Assess the strengths and weaknesses of credit relationships towards assigning accurate risk ratings.
  • Assist with loan reviews and credit line renewals towards maintaining credit quality with the loan portfolio.
  • Assist with the intake on loan requests towards obtaining complete application packages.
  • Understand credit union policies and procedures towards meeting organizational objectives.
  • Identify signs of potential concern with prospective and existing borrowers.

Essential Functions & Responsibilities:

Credit Analysis: Analyze financial statements along with collateral records. Determine key lending ratios such as debt service coverage and loan-to-value indicators. Summarize risks and mitigants, relative to the size and complexity of the transaction, as narratives for lending presentations. Recommend loan structures when appropriate. Research industry data from various sources. File loan documents with appropriate agencies or partnering lenders. Learn the credit union’s commercial underwriting software platform. Perform loan reviews as assigned. Assist with the renewal or modification of credit lines and maturing loans.

Lending Support Duties: Evaluate loan requests submitted and information needed for determination of risk with which to make credit decisions. May join lenders on customer calls or site visits to better understand the transaction. Maintain organized and up-to-date credit and legal files on commercial relationships.

Policy/Regulatory: Learn and apply the credit union commercial loan policies and procedures, as well as maintaining awareness of all relevant regulations and their impact on risk management. Participate in improving lending practices for the credit union.

Other duties or special projects as assigned by management.

Knowledge and Skills:

Experience: Three or more years of processional work experience. Two or more years of direct experience in a commercial banking credit environment preferred.

Education: (1) A two or four-year college degree with emphasis in business, economics, finance, or accounting, completion of a specialized course of study at a business or trade school, or completion of a specialized and extensive in-house training or apprenticeship program.

Interpersonal Skills: A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature.

Other Skills: Must have experience in analyzing business financial statements and assessing the viability of businesses; familiarity with general commercial lending policies; strong communication skills; ability to use related software required; ability to multi-task.

Benefits: We offer an excellent compensation and benefit package that includes medical insurance, dental insurance, vision insurance, 401(k) with match, PTO, paid holidays, short-term and long-term disability insurance, and education assistance.

This position reports to the Vice President, Senior Commercial Lender. Resumes may be sent to Cathy Lestage, Vice President of Human Resources at