Credit Analyst (Commercial Underwriter)

At Consumers Credit Union, we’re not just “The People in Your Corner,” we’re a certified Great Place to Work! We're currently looking for a Credit Analyst to join the Commercial Lending Team. Unlike other Credit Unions or smaller banks, CCU puts a focus on growing our membership and business in the Commercial Lending space. If focusing on people over shareholder returns resonates with you and you bring strong analytical skills to evaluate commercial loans, then please keep reading!

Location/Schedule:

• Hybrid schedule with 2-3 days/week at our corporate office in Lake Forest, IL.
• Local Northern IL/Southeast WI candidates only!

What you'll do in this role:

As a Credit Analyst, you will manage and monitor existing commercial portfolio with an emphasis on customer service, risk management and financial reporting requirements. Evaluate financial information, business risks and providing credit recommendations. Provide analysis of financial information in conjunction with requests for existing commercial portfolio. You'll also participate in the annual member business loan review process for existing commercial portfolio. Prepare credit presentations, track financial statements and submit credits for underwriting for existing commercial portfolio.

Your day-to-day will include:

• Managing, monitoring, and risk management of a portfolio of commercial real estate loan relationships including underwriting and annual loan reviews.
• Taking business and personal financial statements and spreading into financial statement management program.
• Conducting detailed analysis of the financial data and writing a related narrative outlining key information like the purpose of the loan, payment sources, collateral, risk rating, etc.
• Monitoring commercial loan files, ensuring completion of annual reviews and financial reporting requirements are met.
• Reviewing income approach in appraisals and reaching out to appraisers if there are questions.
• Working with members and third parties, such as accountants, to gain insights into financial practices and trends in a particular business.
• Collecting past due loans and actively work with members whose financial condition is performing negatively.
• Providing member support on loan or depository related questions or concerns and other products and services in a promote, consistent, and accurate manner.

What you'll need to join the team:

• At least 2 years of experience as a Commercial Credit Analyst/Commercial Underwriting in a Credit Union or Bank.
• A relevant Bachelor’s Degree (such as Accounting or Finance) is preferred but not required. We're putting more weight on formal Commercial Analyst/Underwriting experience in Real Estate specifically.
• Formal credit trained with an emphasis on fundamental best practices and various cash flow types.
• Professional verbal and written communication skills.
• Excellent attention to detail, analytical, problem solving, and follow up skills.
• Self-directed and independent worker.
• Advanced proficiency with financial analysis tools. Experience with nCino loan origination system is preferred.

Compensation

The annual salary range for this role is $61,470 to $92,206. This role is eligible for an annual bonus opportunity. A specific salary offer considers factors including but not limited to skill sets, experience and training, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be hired at or near the top of the salary range and compensation decisions are dependent on the facts and circumstances of each case.

Consumers Credit Union provides eligible employees an opportunity to participate in our medical (High Deductible, HMO and PPO), dental, vision, spending accounts, short-term disability, long-term disability, life insurance and other plans effective date of hire. You will be eligible to participate in the 401(k) savings plan at any time. You will be automatically enrolled in the pension plan following six months of employment and 1,000 hours of service and reaching age 20.

For more information about benefit offerings, please visit our careers page:

Why Consumers Credit Union (CCU)?
We offer a collaborative culture, competitive benefits, and opportunities for growth. Join us and make an impact in a mission-driven organization that values innovation and people-first leadership. Founded in 1930 and headquartered in Lake Forest, IL, CCU has $4.3 billion in assets and serves more than 272,000 members, making it one of the largest credit unions in the state. CCU believes that nobody needs banks on every corner, but everyone needs people who are in their corner. We’ve been recognized as a Great Place to Work® multiple years in a row, and we’re committed to growing both our business and our people. To learn more, visit myconsumers.org

Equal Opportunity Employer

CCU complies with the requirements and spirit of the law in the implementation of all facets of equal opportunity in employment. There will be no discrimination on the basis of race, ancestry, color, religion, sex, sexual orientation, gender identity, marital status, pregnancy, age, national origin, citizenship, disability, genetic information, military status (including unfavorable discharge from the military), criminal or arrest history (unless job related), crime victim status, or any other protected characteristic in the recruitment, selection, training, utilization, promotion, termination, or any other employment actions or term and condition of employment. CCU complies with applicable state and local laws governing non-discrimination in employment in every location in which CCU has facilities.

We are committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. If reasonable accommodation is needed to participate in the job application or interview process please contact our Human Resources team at: [email protected] or 877-275-2228.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.