Credit Analyst III

About the Role

Extraco Banks is seeking an experienced and detail-oriented Commercial Analyst III to support the Commercial and CRE lending portfolio. This senior-level role is responsible for complex credit underwriting, portfolio monitoring, and collaboration with Relationship Managers, Portfolio Managers, and Credit Management.

The ideal candidate is a strong analytical professional who can balance risk management with growth objectives, serve as a subject matter expert on complex credit relationships, and contribute to maintaining high asset quality while supporting strategic portfolio growth.

What You'll Do

Credit Underwriting & Analysis

• Lead underwriting of complex commercial and CRE credits, including financial spreading, cash flow and global analysis, collateral evaluation, and sensitivity analysis
• Structure and recommend loan terms, covenants, and collateral packages that align with client needs and sound risk practices
• Prepare clear, concise, decision-ready credit approval packages outlining risk ratings, key risks, mitigants, and policy exceptions

Portfolio Monitoring & Risk Management

• Monitor covenant compliance and financial reporting requirements; identify breaches or emerging concerns
• Recommend renewals, waivers, amendments, or other corrective actions when needed
• Maintain accurate and timely risk ratings and support early warning and watch list processes
• Monitor macroeconomic and industry trends impacting borrower performance and portfolio segments

Collaboration & Deal Support

• Partner with Relationship Managers and Portfolio Managers on new deals, opportunity memos, and pre-screening discussions
• Participate in client calls and site visits to better understand borrower operations and risk drivers
• Collaborate with Credit Management to ensure timely preparation of Loan Committee materials
• Act as a subject matter expert for underwriting guidance and system support

Operational & Strategic Contributions

• Manage the Credit Inbox and oversee assignment and tracking of incoming analysis requests
• Support portfolio reporting, data integrity initiatives, stress testing, and special projects
• Ensure work product aligns with internal policies and regulatory expectations

Leadership & Development

• Mentor and coach junior analysts to promote consistency and quality in underwriting
• Complete required training and contribute to ongoing process improvements
• Participate in continuing education through training sessions, seminars, and industry events

What We're Looking For

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field (required)
• 9+ hours of accounting coursework preferred
• Advanced degree or formal credit training (preferred)
• 5-7+ years of progressive commercial credit analysis experience (C&I and/or CRE)

Required Skills & Abilities

• Strong financial statement and tax return analysis capabilities
• Proficiency in cash flow modeling, projections, and sensitivity analysis
• Strong analytical judgment with sound risk awareness
• Ability to manage multiple complex assignments and meet deadlines
• Collaborative mindset with ability to balance sales and risk perspectives
• Proficiency in spreadsheets, loan origination systems, and Microsoft Office
• Working knowledge of loan structures, documentation fundamentals, and regulatory guidance
• Excellent written and verbal communication skills, including presenting to senior leadership
• Strong attention to detail, organization, and time management skills

Training Expectations

• Develop advanced expertise in Extraco credit policies, underwriting standards, and risk rating methodology
• Gain proficiency in loan systems, portfolio reporting tools, and data integrity processes
• Participate in ongoing professional development, including internal and external training opportunities
• Support knowledge sharing and training of junior analysts

Why Extraco?

Extraco Banks is committed to strong credit quality, responsible growth, and employee development. In this role, you'll work on complex, high-value relationships while contributing to strategic portfolio decisions.

You'll join a collaborative team environment that values expertise, accountability, and continuous improvement-while offering opportunities for career advancement and professional growth.

Work Environment & Physical Requirements

• Primarily office-based role with collaboration across internal teams and occasional client interaction
• Regular sitting, standing, walking, talking, and hearing
• Frequent use of standard office equipment, including computer and telephone
• Ability to lift and/or move up to 25 pounds occasionally
• Vision abilities include close vision, distance vision, depth perception, and ability to adjust focus

Work Schedule

• Monday through Friday, 8:00 a.m. - 5:00 p.m. (in office)

Equal Opportunity Employer

Extraco Banks is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic. We are committed to fostering an inclusive, respectful, and equitable workplace.