Vibrant Credit Union · 2 weeks ago
Commercial Credit Analyst
Moline, IL
Full-time
Onsite
Mid Level
3+ years expVibrant Credit Union is seeking a Commercial Credit Analyst to develop and cultivate relationships with existing members while driving deposit and loan opportunities. The role involves analyzing complex financial data, preparing credit approval recommendations, and maintaining excellent member relations.
Financial Services
Responsibilities
Analyzes and interprets complex financial data
Promptly prepares summary reports on findings
Verifies accuracy of information and completeness of analysis/ratios
Understands and is familiar with financial documents and schedules
Reviews assigned risk grades on all commercial, small business and SBA loans
Confirms or changes the grade at initial review or annual review
Prepares comprehensive and accurate credit approval recommendations, online credit renewals and other basic loan transactions, addressing member borrowing needs, sources of repayment, loan structure and significant issues regarding member business loan applications
Reviews loan documents prior to borrower signings for accuracy and post signing for proper execution to ensure adequate enforceability of company's position for new and existing loans reviewed
Monitors and requests required financials from members for existing loans to complete annual reviews and covenant monitoring requirements
Interfaces with members and business staff in a timely manner
Maintains excellent member relations, provides services, and cross sells credit union products
Possesses thorough knowledge of credit union policies and procedures and of laws pertaining to loan processing and disclosures
Make recommendations regarding loan structure and credit worthiness
Stays abreast of all current business lending and disclosure laws or regulations which are enacted or revised and concern financial institutions
Qualification
Required
Analyzes and interprets complex financial data
Promptly prepares summary reports on findings
Verifies accuracy of information and completeness of analysis/ratios
Understands and is familiar with financial documents and schedules
Reviews assigned risk grades on all commercial, small business and SBA loans
Confirms or changes the grade at initial review or annual review
Prepares comprehensive and accurate credit approval recommendations, online credit renewals and other basic loan transactions
Addresses member borrowing needs, sources of repayment, loan structure and significant issues regarding member business loan applications
Reviews loan documents prior to borrower signings for accuracy and post signing for proper execution
Monitors and requests required financials from members for existing loans to complete annual reviews and covenant monitoring requirements
Interfaces with members and business staff in a timely manner
Maintains excellent member relations, provides services, and cross sells credit union products
Possesses thorough knowledge of credit union policies and procedures and of laws pertaining to loan processing and disclosures
Makes recommendations regarding loan structure and credit worthiness
Stays abreast of all current business lending and disclosure laws or regulations which are enacted or revised and concern financial institutions
Four-year degree in Business, Accounting, Finance, or related field
Preferred
3-5 years commercial experience or training, preferred
Prior experience working for financial institution, desirable
Working knowledge of commercial systems and regulatory compliance
Basic knowledge of tax returns, financial documents, and cash flow models
Working knowledge of MS Suite
Active supporter of Vibrant's core values
Company
Vibrant Credit Union
Vibrant Credit Union provides banking services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Matt McCombs
President/CEO
Recent News
Business Insider
2025-04-26
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