Commercial Special Assets Credit Analyst

Description:

The CBS Difference

Cooperative Business Services offers a comprehensive, end-to-end commercial lending solution that empowers financial institutions with cutting-edge software, expert services, and strategic business development resources. Additionally, we support borrowers by providing tailored business loans designed to fuel growth and success. With a focus on innovation and collaboration, CBS ensures seamless processes and enhanced opportunities for lenders and borrowers alike.

At CBS, our goal is to set the standard for excellence in business lending. We strive to be the best — in our processes, in our service, and in the results, we help our clients achieve. We’re deeply committed to serving our partner credit unions and borrowers with integrity, precision, and a shared vision for sustainable growth.

Join us on this journey as we continue to transform the future of commercial lending.

Your Role in Our Success

The Commercial Special Assets Credit Analyst supports the management and resolution of the organization’s special asset portfolio by performing detailed financial analysis, comprehensive document review, and ongoing credit monitoring. The role evaluates borrower and guarantor financial capacity, identifies credit and collateral risk, and provides accurate, timely analysis and recommendations to support workout strategies, risk mitigation efforts, and portfolio decision-making. This position works closely with Special Assets leadership to ensure data integrity, financial transparency, and effective reporting across distressed and higher-risk lending relationships.

Here’s how you will make an impact:

• Performs credit analysis and risk assessment by collecting, reviewing, and spreading borrower and guarantor financial information in accordance with departmental guidelines to support sound credit decisions.
• Analyzes financial performance and repayment capacity by evaluating balance sheets, income statements, cash flow, trends, and variances to identify credit and collateral risk.
• Supports portfolio monitoring and Special Assets activities by assisting with loan reviews, collateral evaluations, action plans, and ongoing credit oversight.
• Monitors collateral compliance by verifying real estate tax payments and insurance coverage to ensure adequate risk mitigation.
• Performs CECL impairment analysis for individually evaluated loans and documents reserve conclusions and recommendations.
• Maintains accurate and audit-ready loan documentation by organizing files, updating internal systems, and supporting internal and regulatory reporting.
• Performs related duties as assigned to support effective credit administration and risk management.
• Preforms other related duties as assigned by management.

Requirements:

What You Bring to the Table

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• 3+ years of experience in commercial credit analysis, loan review, or a similar banking/financial services role.
• Proficiency with credit spreading software (e.g., Abrigo Sageworks) and Microsoft Office Suite, especially Excel.
• Familiarity with CECL impairment methodology and collateral evaluation processes is preferred.

The Perks of Being with Us

At Cooperative Business Services, we believe in creating an environment where you can thrive both personally and professionally. Here’s what you can look forward to as a valued member of our team:

• Compensation: Base compensation for this role ranges from $37.50 - $43.27 hourly.
• Remote Work Environment
• Generous Holidays: Take advantage of 13 paid holidays each year
• Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary.
• 401(k) Plan: The company provides a generous matching contribution of up to 6%.
• Tuition Assistance