Credit Analyst

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 Credit Analyst provides top notch customer service to our clients and customers at our Seattle branch.  If you are passionate about being part of a community, being a team player, and helping others reach their financial goals, then we are interested in speaking with you!   

Essential Functions:

• Conducts credit investigations and analyzes credit information pertaining to loans.  

• Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.   

• Analyzes financial statements and related material.   

• 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.   

• Provides credit information and references for customers, loan officers, or other agencies as requested.   

• May provide rates and loan information to clients.   

• Ensures that all credit files include proper documentation including current financial statements, agency reports, etc.   

• Maintains control over current accounts, noting payment progress, watching for any developing problems, and keeping loan officers informed.   

• Writes credit memorandums.   

• Accompanies lenders on business calls.   

• Conducts industry research.   

• Assists with special projects as assigned.  

Qualifications:

• Requires a Bachelor's in finance, business, accounting or a related field and 2+ years credit/financial analysis, lending, underwriting or other directly related experience. A combination of education and experience may meet job requirements.   

• Working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles.   

• Solid experience working with various types of loans.   

• Working knowledge of credit risk, legal and regulatory requirements.   

• Ability to work with lending officers and staff.   

• Solid 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 $75,000 - $92,000 annually depending on job-related factors such as level of experience.