Position:  Credit Analyst - Commercial
Location:  Goshen, IN
Job Id:  605-2018-0128
# of Openings:  1



Responsible for providing competent credit analysis for lending activities, assistance in the administration of borrowing accounts, training for business loan staff, and assistance in completion of special projects and assignments. Underwrites loan requests for business and commercial real estate borrowers, including reviewing and analyzing financial and industry data, borrower performance and management capabilities; verifies credit references and information; and recommends credit limits. Prepares reports on the status of credit and collections, and other operating systems.

Major Duties and Responsibilities

  • Prepare objective written loan presentations for Loan Officers and Loan Committee including analyzing financial condition, operating performance, and repayment ability of commercial borrowers utilizing financial statements and/or tax returns, collateral documentation, information from borrower interviews, and industry and economic data.  Compare liquidity, profitability, and credit histories of businesses being evaluated with those in the same industry and, when possible, similar geographic location.  
  • Perform the initial credit analyses, including financial statement spreads, business and personal debt service coverage calculations, review of past payment history, etc. to determine if customer loan requests satisfy policy and procedure guidelines.  Make recommendations to Loan Officers on loan structure and when loan requests fall outside of policy.
  • Interact directly with borrowers and lenders, as appropriate; to gather the information required to make recommendations on credit decisions and back-up the relationship managers for credit related inquiries.
  • Support the achievement of organizational objectives and the success of individual colleagues through the timely completion of various reports and projects, mentorship of less tenured lenders and analysts, and willingness to effect and adapt to change. Assist auditors and examiners in their periodic reviews.
  • Ensures credit unions’ adherence to regulatory policies; minimize variance from the credit unions lending policies and procedures.  Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
  • Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.


  • Minimum of 3-5 years' experience as a credit analyst in commercial banking or commercial real estate environment preferred.
  • Experience with Microsoft Office Software required; exposure to Suntell or similar loan underwriting software a plus.
  • Working knowledge of commercial lending practices and industry standards.
  • Ability to comprehend and utilize appraisal reports, environmental reports, title work and loan documentation.
  • Exceptional organization, time management and follow-up skills. Excellent interpersonal skills and ability to communicate effectively with members, employees and outside service providers.
  •  Ability to follow detailed instructions on wide range of procedures requiring superb analytical skills, detailed documentation, and sound judgement.
  • Must have proficient typing and computer skills.


Bachelor's degree in business, finance or accounting or equivalent combination of education and relevant work experience.

Interpersonal Skills

A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience. Communications can involve motivating, influencing, educating and/or advising others on matters of significance.

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

Interra Credit Union is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Apply for this Position
Go back to the job list