We are seeking a talented Commercial Credit Analyst to join our high-performing team. We are located in Spokane, WA, and prefer to hire a candidate who lives in the area.
Summary
The Commercial Credit Analyst is a key member of the Credit Administration team, responsible for analyzing commercial borrowing relationships, assessing financial performance, identifying risk factors, and supporting sound credit decisions. This role offers a strong foundation and growth pathway toward senior credit analysis and commercial underwriting responsibilities over time.
Primary Duties and Responsibilities:
Commercial Credit Analysis & Risk Assessment
- Analyze commercial loan requests, renewals, modifications, and annual relationship reviews across a range of business credit relationships.
- Evaluate borrower and guarantor financial strength through detailed review of business and personal financial statements, tax returns, projections, borrowing base reports, and supporting documentation.
- Perform cash flow analysis, debt service coverage calculations, leverage and liquidity analysis, and trend analysis.
- Assess collateral adequacy, repayment sources, guarantor support, and overall credit structure.
- Identify strengths, weaknesses, risks, and appropriate mitigating factors associated with commercial credit relationships.
- Spread business and personal financial statements and tax returns in accordance with bank guidelines.
Credit Presentation & Documentation
- Prepare clear, concise, accurate, and well-supported credit memorandums, analytical reports, and risk assessments for management review.
- Develop credit recommendations and identify policy exceptions, documentation deficiencies, and compliance considerations.
- Gather and organize supporting loan documentation and financial information to complete credit files that meet Bank policy and regulatory requirements.
- Assist with annual reviews, credit renewals, risk ratings, loan modifications, and portfolio maintenance activities.
Portfolio Monitoring & Relationship Support
- Monitor borrower financial performance, covenant compliance, approval conditions, and overall credit quality.
- Calculate and verify covenant compliance and communicate exceptions or violations to lending officers for resolution.
- Collaborate with Commercial Bankers and Relationship Managers to understand customer needs, business operations, and credit structuring opportunities.
- Provide analytical support throughout the commercial lending process and participate in customer or prospect discussions as appropriate.
Policy, Compliance & Quality Assurance
- Ensure all analysis and recommendations comply with RiverBank Loan Policy, regulatory requirements, credit standards, and safe-and-sound banking practices.
- Maintain thorough and complete documentation supporting analytical conclusions.
- Support loan review, audits, examinations, internal reviews, and special credit projects as needed.
- Complete required training and remain current on regulatory, economic, and industry developments.
Minimum Requirements:
Education, Training and/or Experience:
- Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
- Equivalent combination of education and relevant experience may be considered.
- Two to five years of experience in commercial banking, financial analysis, accounting, credit analysis, treasury, lending support, or a related financial services role.
- Experience analyzing financial statements and tax returns required.
- Commercial credit analysis or underwriting experience, C&I and commercial real estate lending exposure, formal credit training, and community banking experience preferred.
Knowledge & Skills
- Strong financial statement analysis and interpretation skills, including cash flow, global cash flow, and debt service coverage calculations.
- Understanding of commercial lending fundamentals, including working capital needs, capital expenditure financing, collateral protection, covenant monitoring, and repayment capacity.
- Ability to interpret tax returns, borrowing base reports, appraisals, business valuations, legal entity structures, and loan documentation.
- Familiarity with financial spreading platforms (e.g., Buker's Tax Analysis or a comparable system) preferred.
More to Know:
- RiverBank has been named a Best Place to Work in the Inland Northwest since 2021!
- Starting pay range: $80,965 - $103,905
- This position is eligible for annual bonus with the first year being pro-rated based on time in position.
- Vacation (3 Weeks), Sick Leave (12 days a year), Volunteer Time off (24 hours) & All Bank Holidays (at least 40+ paid days off a year total that increase with tenure)
- 90% Employer Paid Medical & 100% Employer Paid Vision, Dental, & Long-Term Disability Insurance for every Team Member
- An HRA where an employee only pays $600 towards their medical deductible and the company reimburses any other deductible costs ($4,900+ value)
- Employer-paid Life Insurance (two times your annual earnings)
- Employer Paid Employee Assistance Program
- 4% company 401k match on contributions after 3 months
- Paid Parental Leave
- Discounted Rates on Pet, Home, & Auto Insurance
