Credit Analyst

We are developing deeper connections between communities and the ecosystems that sustain them. We accept deposits from individuals, businesses, and non-profits who want to drive positive and lasting change with their dollars. We lend those funds to impact-oriented organizations, with special focus on farms and food businesses. The word “mutual” in our name means cooperative; we are governed by our depositors, funded by those with a bias towards the long-term, and engineered to endure the test of time. Building bridges is core to who we are, as we believe more interconnected and localized ecosystems support better community resilience and economic viability.

We want to balance a rigorous risk assessment with a deep understanding of our partners’ businesses, so that we can find new ways of underwriting that unlock the growth of their bottom line and impact. You’ll research and analyze the businesses of existing and potential borrowers, evaluating their operational and financial performance – and ultimately their credit risk. Based on your evaluations, you’ll make recommendations about lending decisions that impact the future of our business and the businesses we serve.

The role is location flexible, with opportunities for remote or hybrid arrangements for the right candidate.

• Conduct thorough analysis of financial statements, reports, and documents, assessing credit worthiness for new loans applications, requests for modifications, refinancing applications, and annual due diligence reviews.
• Provide risk rating and credit recommendations relating to the assessment of credit risk; analyze industry context: competition, potential new entrants, power of suppliers, power of customers, and threat of substitute products/services.
• Remain current with the Bank’s Loan Policy, related lending policies, regulatory requirements, and market and risk factors, which may impact the borrower and the borrower’s ability to operate and repay the loan.
• Work with vendors and servicers, including credit and UCC reporting services, to ensure credit exposures have been properly identified and incorporated in the analysis.
• Document credit assessment and maintain records and reporting relating to the assessment.  Request updated financial information as required in the policy and loan documents.
• Completion of formal credit training (in house).
• Complete assigned regulatory and lending training; remain abreast of changes to state and federal regulations.

• Bachelor’s degree in finance, accounting, or other business-related fields with a strong understanding of financial statements, reporting, and ratio analysis.
• Up to 1 year of credit and quantitative analysis in banking or related field.
• Ability to work in a team environment, collaborating with lending staff and other teammates in a remote environment.
• Attention to details.
• Time management skills, ability to manage multiple projects/analysis assignments and to manage competing priorities.

• Working knowledge of food businesses, and/or agricultural lending.

• Health insurance coverage with dental and vision  
• Unlimited PTO 
• Allocated time for volunteering 
• “Quiet” Fridays 
• Life and disability insurances 
• Parental leave policy 
• 11 paid holidays 
• Walden-branded swag!