Credit Analyst jobs in Everett, WA

Description

Sound is looking for…

A Senior Business Loan Underwriter / Credit Analyst to join our team! As the Senior Business Loan Underwriter/ Credit Analyst you will provide clear and complete documentation and assist in the loan decision making process. You will provide analysis of the following: cash flow, collateral, management, balance sheet and income for all business loan types.  In this role, you will prepare credit presentations and credit memos for all loan types including, but not limited to investment CRE, owner occupied CRE, SBA, C&I, and USDA.  As the Senior Business Loan Underwriter / Credit Analyst you will be responsible for analyzing complex business credit and underwriting credit presentation with analysis and explanations to be presentable to credit decision makers with limited management assistance.

At Sound you will experience…

• Our purpose which is “to stand with you through all waves of life”. Every day, our employees help us to live this purpose. We believe in empowering our employees to do the right thing. 
• A diverse workforce with an inclusive and supportive environment.
• Besides competitive pay, we offer career growth, and we hold a benefits package that’s consistent with our purpose, personalities, and values.
• Teams that are living out the credit union philosophy of “people helping people”.
• Fellow employees who are dependable, genuine, inclusive, and resourceful.
• Leaders of Sound Credit Union who embrace our Brand Purpose. At Sound, we recognize our actions strongly impact our Brand-led culture. Therefore, we commit to consistently serve as Brand Advocates by modeling desired behaviors to inspire others through being Supportive, Open, Unified, iNclusive, and by Doing the right thing.
• Learn more about our company culture here!

As a Senior Business Loan Underwriter – Credit Analyst you will…

• Responsible for credit analysis and loan underwriting of new and existing loan relationships for all business loan types (including SBA) and including complex deal structures and analysis.
• Produce credit memos for loan modifications after approval, before funding and after loan closing and to address items in a complete and accurate manner, then obtain the proper approvals.
• Responsible for keeping up to date on Annual Loan Reviews for assigned member loans.
• Provide complete documentation to assist in the loan decision making process.
• Perform detailed analysis on prospective business borrowers and guarantors and interpret the financial information to determine credit quality and cash flow adequacy for all business loan types (including SBA) and including complex deal structures and analysis.
• Effectively and efficiently make decisions consistent with underwriting policies and procedures, including SBA Standard Operating Procedures.
• Identify risk factors within each loan and utilize resources, tools and documentation to detect red flags and clear inconsistencies.
• Assist in Loan Structure including Sources and Uses of funds for all business loan types (including SBA) and including complex deal structures and analysis.
• Work with Business Loan Officers to ensure a complete credit presentation to best represent the credit to decisions makers.
• Process loan requests and other data and reports in a timely manner. 
• Provide business loan portfolio support as needed including help with troubled credits.
•  Assist with creating and refining operating procedures for the Business Lending department that will improve timeliness and proficiency of underwriting.
• Complete various projects as requested.

Qualifications

Our ideal candidate will bring to the team…

• Four years of experience in the Business Credit and Underwriting field required, preferably in a financial institution.
• High School Diploma or equivalent required.
• Associate’s degree preferred or an equivalent combination of education and/or experience which provides the knowledge, skills, and abilities necessary to perform the job may be considered.

In addition:

• Must be bondable
• Employer sponsorship to secure or maintain employment authorization not available

As a team member of Sound, you will receive…

• These benefits in support of a true work/life balance:
  • Full medical, dental, vision, and disability for the employee [yourself] with premiums paid by Sound
  • 401(k) with 4% match - Plus discretionary profit share of up to 5% of annual salary
  • Three weeks Paid Time Off (PTO) accrued annually
  • 5 employer paid work/life balance days
  • 10 paid federal holidays every year
  • Employee assistance program for wellness counseling
  • Gym/lifestyle reimbursement
  • Free and/or discounted banking services with Sound
  • Employee Charitable Matching & Volunteer Program
  • Employee bonus program
  • Tuition assistance
  • ORCA pass
• Incentives available for multilingual speakers

Your compensation:

At Sound Credit Union we believe in paying our employees a fair and living wage. Individual offers are made dependent upon a candidate’s prior experience and education level as it pertains to their role. This strategy promotes a talented and empowering work environment that we hope you will be a part of! Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates, which allows us to offer merit-based salary increases.

Minimum: $41.35
Midpoint: $51.68
Maximum: $62.02

Your hours:

A hybrid schedule Monday - Friday: 8 am - 5 pm

In your role you will have the ability to combine in-person and remote work. 

About Sound Credit Union…

Sound Credit Union (Sound) was founded in 1940 and is one of Washington State’s largest credit unions. We have 26 full-service branches located throughout the Puget Sound region. At Sound, we pride ourselves on making connections with our members, employees, and community. We’d love to share more about why Sound is somewhere you want to be, apply now, and visit our website at: www.soundcu.com.

The future is in our hands…

Sound Credit Union is proud to be an Equal Opportunity and Affirmative Action employer that is committed to diversity, equity, and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, veteran status, disability, age or any other protected status.

People of color, women, LGBTQIA , veterans and persons with disabilities are encouraged to apply!