Credit Analyst - Seattle, WA

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 Commerce Bank of Washington is seeking a proven, highly motivated, analytical, and articulate individual to fill our Credit Analyst role in Seattle, WA.

Essential Functions:

Conducts credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to Community Banking commercial loans

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

Responsible to understand of the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals

Analyzes financial statements and related material and makes recommendations for approvals of credits

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 and any risk items or issues

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

Ensures that all credit files include current financial statements, agency reports, etc.

May make recommendations for loan structure

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

Keeps abreast of all new credit regulations and laws and ensures compliance with such

May assists with projects as needed

Other duties as assigned

Qualifications:

Requires a Bachelor's in finance, business, accounting or a related field and 1+ years credit/financial analysis, lending, underwriting or other directly related experience. A combination of education and experience may meet job requirements

Basic working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles

Some experience working with various types of loans

Basic working knowledge of credit risk, legal and regulatory requirements

Ability to work with lending officers and staff

Good 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 $78,000 - $96,000 annually depending on job-related factors such as level of experience.