Location:

Remote with occasional onsite meetings

Status:

Part-Time About Coveted Financial Services Coveted Financial Services provides Fractional CFO, accounting, and strategic advisory services to small and mid-sized businesses. What sets us apart is our ability to help business owners become more bankable. While many firms focus solely on financial reporting and business performance, we help clients understand how lenders evaluate their business, manage debt effectively, maintain compliance with loan covenants, and position themselves for future financing opportunities. We analyze companies through the lens of both a CFO and a commercial lender, helping clients secure and maintain the capital necessary to support growth. We are seeking an experienced banking professional who can assess businesses the way a commercial bank credit analyst or underwriter would evaluate a borrower. This individual will work closely with our Fractional CFO team to help clients strengthen their financial position, improve lender relationships, and successfully obtain financing. Position Summary The Commercial Credit Advisor will analyze financial information, evaluate creditworthiness, identify lending risks, and support financing initiatives for small business clients. This role requires a strong understanding of commercial lending, underwriting, and credit risk assessment, along with the ability to communicate findings and recommendations directly to business owners. The ideal candidate has experience as a Commercial Credit Analyst, Underwriter, Portfolio Manager, or Commercial Banker and enjoys helping businesses understand what lenders look for when making credit decisions. Key Responsibilities Evaluate small and mid-sized businesses using commercial banking credit standards. Analyze financial statements, tax returns, cash flow reports, and borrowing capacity. Assess borrower creditworthiness and identify strengths, weaknesses, and lending risks. Review liquidity, leverage, debt service coverage, profitability, and collateral positions. Analyze existing loan structures and covenant compliance. Develop financial projections, forecasts, and cash flow analyses. Assist clients in preparing for lender meetings and financing requests. Prepare financing packages and loan presentation materials for banks and lending institutions. Support clients seeking lines of credit, term loans, SBA financing, equipment financing, and other capital solutions. Provide recommendations that improve a client's ability to obtain and maintain financing. Collaborate with Fractional CFOs on financial analysis, strategic planning, and special projects. Maintain organized and accurate documentation related to client financing activities. Qualifications Bachelor's degree in Finance, Accounting, Business, or a related field preferred. Minimum 5 years of commercial banking, credit analysis, underwriting, or business lending experience. Experience underwriting commercial loans and evaluating business credit risk.

Strong understanding of:

Commercial lending and banking practices Credit analysis and underwriting Financial statement analysis Cash flow and debt service analysis Risk assessment and mitigation Loan structuring and covenant monitoring Financial forecasting and modeling Advanced proficiency in Microsoft Excel. Ability to explain complex financial and lending concepts to business owners and management teams. Experience working with small businesses is highly preferred. Why Join Coveted Financial Services? Flexible part-time schedule. Primarily remote work environment. Opportunity to work with a wide variety of industries and business models. Exposure to both strategic CFO consulting and commercial lending advisory. Ability to make a direct impact on clients' growth and financing success. Collaborative, entrepreneurial, and client-focused culture. Ideal Candidate Background This position is particularly well-suited for former or current: Commercial Credit Analysts Commercial Loan Underwriters Commercial Relationship Managers Portfolio Managers Business Bankers SBA Lending Professionals Credit Officers If you enjoy analyzing businesses, determining creditworthiness, and helping companies become stronger lending candidates, we encourage you to apply.

Pay:

$45.00 - $55.00 per hour

Benefits:

401(k) Flexible schedule Paid time off

Work Location:

Hybrid remote in Schaumburg, IL 60173