Credit Analyst

Credit Analyst

Location: Irvine, CA Job Type: Full-Time | Non-Exempt | Hybrid Eligible Salary Range: $30 $35/hour

About Commercial Bank of California (CBC): CBC is the largest Latino-owned bank in California and a certified Minority Depository Institution (MDI). Headquartered in Irvine and founded in 2003, CBC is one of the largest privately held banks in the state, with over $3.5 billion in assets as of December 2024.

We are a purpose-driven financial institution committed to building long-term relationships and delivering innovative, personalized banking solutions. Our leadership reflects the diverse communities we serve, and our mission is rooted in empowering entrepreneurs, business owners, and community leaders to thrive.

As a certified MDI, CBC is proud to play a vital role in advancing financial inclusion and economic opportunity. We believe in a higher vision for bankingone that prioritizes trust, collaboration, and community impact. Join us and be part of a team that's redefining what it means to be a community-focused, relationship-driven bank that puts people over profits.

Job Summary

We are seeking a detail-oriented and motivated Credit Analyst to join the Credit Department at Commercial Bank of California (CBC). This role is ideal for individuals looking to grow their career in commercial banking and credit analysis while supporting CBC's mission to deliver exceptional financial solutions and promote life wealth for our clients and communities.

As a Credit Analyst, you will play a critical role in the underwriting and portfolio management process by conducting credit investigations, preparing financial analyses, and ensuring compliance with CBC's lending policies and regulatory standards. You will analyze credit data and financial statements to assess risk and determine creditworthiness for lending decisions. Your insights and recommendations will directly influence CBC's lending strategies and contribute to the bank's overall financial health.

This position requires strong analytical skills, attention to detail, and the ability to collaborate across departments in a fast-paced environment. By joining CBC, you will help uphold our commitment to integrity, client success, and community-driven banking.

Essential Duties and Responsibilities

Credit Investigation and Analysis:

• Conduct thorough credit investigations and evaluations to determine the creditworthiness of commercial and consumer loan applicants.
• Review credit histories by obtaining reports from reputable sources and references.
• Prepare financial spreads and assist in the development of credit presentations.
• Analyze information and prepare credit write-ups for new loans and renewals as requested by lending officers.

Establish and Maintain Credit Files:

• Ensure all customer credit documentationincluding loan applications, financial statements, tax returns, credit reports, and account informationis complete and up to date.
• Maintain accurate and organized credit files in compliance with internal policies.
• Monitor and update financial statements to ensure they remain current and meet loan agreement requirements.

Monitor Existing Credit Relationships:

• Track existing credit lines to ensure compliance with loan terms and covenants.
• Review maturing loan reports and coordinate with account officers regarding renewals.
• Prepare renewal notifications and request updated financial information from customers.
• Identify and report covenant violations promptly and recommend appropriate actions.
• Evaluate loans for changes in risk and assist in risk rating adjustments.
• Support collateral reviews and audits for asset-based lending relationships.

Additional Responsibilities:

• Collaborate with other credit analysts on special projects and process improvements.
• Organize and manage loan files for storage and retrieval, including electronic records.
• Coordinate with internal departments to facilitate loan documentation and closings.
• Participate in training sessions and assist in educating staff on compliance and sound lending practices.
• Perform other duties as assigned to support credit and lending operations.

Minimum Qualifications

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 12 years of experience in credit analysis or a related area.
• Strong analytical, organizational, negotiation, interpersonal and communication skills; positive attitude with team-player approach.
• Demonstrated ability to prioritize work assignments; detail oriented with flexibility in dealing with a changing work environment, customer service oriented and a strong sense of urgency.
• Computer literate in Windows, Word, Excel software.

Benefits & Perks

• Competitive employer contribution to medical, dental and vision coverage
• 401k plan with employer match
• Flexible Spending Accounts (FSA) and Dependent Care Accounts
• Employee Assistance Program (EAP)
• Employer provided Calm subscription
• Employer provided mental health benefits through Teladoc
• Life, AD&D and disability insurance
• Minimum 15 Days of Vacation, 11 Paid Federal Holidays, Paid Time off to Volunteer
• Online discount program
• Tuition Reimbursement Program

Equal Employment Opportunity & Accommodations: Commercial Bank of California is proud to be an Equal Employment Opportunity employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified individuals will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, protected veteran status, or any other legally protected characteristic. We evaluate applicants fairly and equitably, including those with criminal histories, in accordance with applicable federal, state, and local laws.

Commercial Bank of California is also committed to providing reasonable accommodations to individuals with disabilities. If you require a reasonable accommodation during the application or interview process, please contact us at hr@cbcal.com with the nature of your request and your contact information.

Recruitment Policy: Commercial Bank of California does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to CBC, either directly or indirectly, will be considered the property of Commercial Bank of California.

We will not pay a fee for any placement resulting from the receipt of an unsolicited resume. To submit candidates for consideration, recruiting agencies must have a valid, written, and fully executed agreement with Commercial Bank of California. Without such an agreement in place, no agency submissions will be accepted or compensated.