Senior Credit Analyst

Why Join Us?

Seattle Credit Union is proud to be an employer committed to the growth and prosperity of its employees, members, and the community.We work in a culture where voices are amplified to drive meaningful change and generate non-stop impact.We offer a comprehensive total rewards package, such as employee-paid medical benefits, 401k matching, and generous time off, suchas forvolunteering and even to celebrate your birthday! We provide opportunities for employees to learn and grow while fostering an inclusive work culture, and we have a tremendously diverse workforce that drives our ability to innovate andmaintainexcellence.

Seattle Credit Union is dedicated to helping our members achieve financial prosperity by providing education and banking services that meet their personal goals. We are Inclusive,Inventiveand Invested. We are Seattle Credit Union - we build strong and trusting relationships in service of our Mission. Seattle Credit Union is proud to be intentional in recruiting, hiring, and promoting a workplace that is inclusive.

JOB TITLE: Senior Credit Analyst

Department: Member Business Lending

FLSA Status: Exempt

ABOUT THE ROLE:

We are looking for a Senior Credit Analyst who is driven to have a positive impact on the employee and member experience. You are a strategic thinker with a bias for action. You have a relentless pursuit of excellence while bringing others along. You do not settle for mediocrity and are comfortable with challenging the status quo. If you’re always looking for more efficient and innovative ways of working, are thoughtful, intentional, and collaborative, we would love to talk to you!

The Senior Credit Analyst will underwrite prospective commercial loans, complete construction draw requests, and be integral to the completion of the Annual Term Loan Review process. You will work directly with our Member Business Loan Officers and the Credit Administration team to help ensure that the members of Seattle Credit Union can reach their business and financial goals and experience the highest level of customer service. This is an exciting opportunity to bring forth new ideas and see those ideas come to life!

WHAT YOU WILL DO:

- Prepare Credit Memorandums, providing supporting documentation to present business loans for approval.

- Review borrower and guarantor documentation to ensure it matches the loan approval and complies with Loan Policy.

- Analyze and interpret financial documents including proforma financial statements using trend analysis, ratio analysis, cash flow analysis, industry averages, and macro/industry trends.

- Analyze and determine the suitability of pledged collateral securing proposed loans for compliance with internal loan policy and industry best practices. Must have deep familiarity and experience reading 3rd-party commercial appraisal reports, Environmental Phase I reports, Title Insurance Commitments and Policies, and insurance documentation.

- Provide well-written overviews of details uncovered while analyzing the financial documents of prospective borrowers and guarantors.

- Work closely with Senior Credit Officer on all aspects of the participated loan portfolio.

- On an ongoing basis, collaborate with the Senior Credit Officer to refine loan policy and procedures. Will be required to stay current on state and federal regulations concerning Member Business Lending.

- The Senior Credit Analyst may be asked to develop or refine a variety of reports and tracking mechanisms to appropriately monitor all aspects of a commercial loan portfolio.

- Track completion of the Annual Term Loan Review process, including timely monitoring of all required loan covenants, and work with Loan Officers to ensure required financial reporting documentation is received in a timely manner from all existing borrowers.

- Provide mentoring and support for the Junior Credit Analyst and collaborate with team members to meet short-term goals and long-term objective