Credit Analyst

Credit Analyst – Commercial Alliance

Commercial Alliance provides a comprehensive suite of lending services designed to help credit unions succeed with business members across six states. We are looking for an enthusiastic, self‑motivated professional to assess the credit worthiness of individuals and businesses seeking loans or credit lines.

• Spread, review, and analyze financial statements, credit reports, collateral evaluations, and other relevant financial information of prospective borrowers.
• Receive direction from Credit Manager to review new loan deal packages.
• Evaluate the risk associated with extending credit to individuals or businesses based on factors such as income, debt levels, payment history, and market conditions.
• Ensure compliance with company credit policies and procedures when evaluating credit applications.
• Monitor the performance of existing credits, evaluate financial performance and covenant compliance, identify potential risks, and recommend appropriate actions per policy.
• Stay informed about industry trends, economic indicators, and regulatory changes that may impact credit risk.
• Perform SBA underwriting or assist with SBA programs or SBA packaging as LSP.
• Perform other duties as assigned.

• Bachelor’s degree in finance, accounting, economics, a related field, or equivalent related experience.
• Previous experience in credit analysis, financial analysis, or risk management.
• Strong analytical skills with the ability to interpret financial data, lease agreements, and other contract documents.
• Knowledge of financial markets, accounting principles, and credit risk assessment techniques.
• Excellent communication and interpersonal skills.
• Attention to detail and ability to work independently.
• Familiarity with regulatory requirements and industry best practices in credit risk management.
• Proficiency in Microsoft Office applications (Outlook, Teams, Excel, Word, PowerPoint).
• Preferred: 2+ years commercial credit analysis experience; familiarity with Baker Hill, Abrigo or other LOS software.

Competitive salary and benefits packages, opportunities for professional and personal growth, and a collaborative and innovative work environment.

Drive your career forward as part of our dynamic, collaborative team. Apply today to join our team!

Location:

Detroit Metropolitan Area, MI
Salary: $26.00–$33.00 per hour (varies by experience) or $63,561.00–$76,243.00 annually