Credit Rating Analyst Jobs in Michigan (NOW HIRING)

Primary Location: 5540 Glenwood Hills Pkwy SE, Grand Rapids, MI 49512

Employee Status: Full-time

Workplace Type: Fully On-Site

At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.

The Senior Commercial Credit Analyst role is responsible for assessing the risk(s) of commercial loan requests, managing the administrative requirements of a commercial loan portfolio, train and mentor junior credit analyst(s), and assisting fellow credit and lending staff with commercial loan requests while adhering to the Credit Union’s Member Business Loan Policy. The Senior Commercial Credit Analyst will also from time-to-time be assigned special credit specific projects to manage and complete.

Gather and analyze financial data such as income growth, budgets, projections, cash flow, quality of management, and industry information to determine extension of credit and risks around extension of credit. Assist commercial loan officers with the structuring of loans, keeping with established regulations and policies. Provide commercial loan officers with pertinent questions pertaining to the Borrower/Proposed Borrower and the subject loan request(s). Provide feedback, when necessary, regarding the Member Business Loan policy and procedures. This includes preparing formal requests to waive regulations when required by loan structure. Maintain administrative tracking reports to include: financial statements, covenants, and borrowing base tracking. Collect and review updated financial information from existing Borrowers to reassess risk grades and for detection of any potential credit deterioration. Assist in maintenance of the commercial lending referral system to include communicating with potential borrowers regarding loan structures, desired types of loans, and required information needed to consider a loan request. Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.

• 5+ years of commercial lending underwriting experience.


• Bachelor’s degree in Business Administration, Finance, Economics or other related business study strongly preferred.


• Strong working knowledge of Microsoft Word and Excel is required.


• Must possess the ability to prepare written reports and present formal presentations.


• Database experience preferred.

• All Employees: weekly pay and retirement savings options.


• Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.

LMCU is an Equal Opportunity Employer

Lake Michigan Credit Union is fundamentally different than a bank, both in our structure and mission. Our goal has always been to do what is best for our members. This approach guides every decision we make and every service we offer. As a credit union, our goal isn’t to generate profits for shareholders, it’s to improve the lives of our members. LMCU is consistently rated in the top ten in the nation for Return of the Member by Callahan & Associates, meaning we give back more to our members in the form of higher rates when they save and lower rates when they borrow.

At LMCU, the emphasis on delivering real value to our members has been job one, since day one. As one of the largest credit unions in the nation for several years running, LMCU has earned many awards and accolades such as inclusion as one of the 101 Best and Brightest Companies to Work For Nationally and being recognized by Forbes as a Great Place to Work.

As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology, training, and development. We recognize that a healthy balance between work, home life, and play is essential to our employees and our success. We offer a friendly, respectful and inclusive work environment, fun employee activities and rewarding community involvement opportunities. You’ll love working here at Lake Michigan Credit Union!

LMCU is an Equal Opportunity Employer