Commercial Credit Analyst

Job DescriptionJob Description Job Summary :

This is a full-time, non-exempt position. The Commercial Credit Analyst is responsible for evaluating the creditworthiness of individuals and businesses seeking new investment loans or credit facilities as well as monitoring the Bank's existing commercial and investment loan portfolio. This role involves analyzing financial statements, assessing credit risk, and providing recommendations to support lending decisions. The analyst will work closely with the Chief Lending Officer to ensure sound and effective risk management.

Key Responsibilities :

Financial Analysis:

Spread, review and analyze financial statements, including balance sheets, income statements and cash flow statements and tax returns. Assess financial ratios and metrics to determine the financial strength of business borrowers and their personal guarantors.

Credit Risk Assessment:

Evaluate the credit risk of potential and existing clients by analyzing their financial stability, credit history, payment history and industry conditions.

Reporting and Audit Responsibilities:

Quarterly Home Mortgage Disclosure Act (HMDA) monitoring and reporting. Annual HMDA preparation and filing. Monthly Preparation of Board Exhibits for new and exception loans. Annual presentation of commercial loan portfolio to the Board of Directors Quarterly Risk Rating monitoring and reporting.

Compliance and Documentation:

Ensure all credit-related activities comply with company policies, regulatory requirements, and industry standards. Maintain accurate and up-to-date documentation for all credit evaluations and decisions.

Portfolio Monitoring:

Continuously monitor the financial health and performance of existing clients, which will include contacting clients to obtain updated financial statements on an annual basis. Review and adjust credit limits, terms, or conditions as necessary based on ongoing assessments.

Education and Experience:

Bachelor's Degree Required At least one year of experience in a credit analyst or commercial underwriting role.

Work Location:

In person Dearborn Federal Savings Bank is an equal opportunity employer. DFSB provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, national origin, age, disability, genetic information (including testing and characteristics), marital status, ancestry, status as a covered veteran, uniformed servicemember status and any other characteristic protected under applicable federal, state or local law.