Credit Analyst - Seattle, WA
Credit Analyst - Seattle, WA
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Job Description
At the Commerce Bank of Washington we believe that delivering exceptional service to our clients is the single most important function we perform in our role as bankers. We are dedicated to enriching professional nonprofit and business organizations by providing them and their principals with highly personalized banking and financial services from experienced bankers committed to long-term banking relationships.
The Commerce Bank of Washington is seeking a proven highly motivated analytical and articulate individual to fill our Credit Analyst role in Seattle WA.
Essential Functions:
Conducts credit investigations credit and loan analysis underwriting and other documentation information pertaining to Community Banking commercial loans
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 creditworthiness 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 Bachelors in finance business accounting or a related field and 1 years 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
Benefits:
Medical Dental and Vision Insurance START DAY ONE!
Life and Disability Insurance Paid Paternal Leave and Adoption Assistance
Health Savings (HSA) Flexible Spending (FSA) and dependent care accounts
Paid Training Paid Time Off (PTO) and 11 Paid Federal Holidays
401(k) plan with company match Profit Sharing competitive compensation in line with work experience
Mental health benefits including coaching and therapy sessions
Tuition Reimbursement for qualifying employees
Employee Ambassador preferred banking products
This position is eligible to earn a base salary in the range of $78000 - $96000 annually depending on job-related factors such as level of experience.
Required Experience:
IC
Employment Type
Full-Time
