Colorado Nonprofit Association

Credit Analyst

Organization Overview

Colorado Enterprise Fund (CEF) is a nonprofit business lending organization dedicated to the success of small businesses in Colorado. We provide access to capital for Colorado small businesses that are unable to access traditional financing. Our primary focus areas are business owners who may be low to moderate income, minority, women, or veterans. We’re committed to creating meaningful impact in Colorado’s communities by providing equitable and affordable business financing for entrepreneurs who cannot access bank loans or other financial resources.

At CEF we see our community impact through job creation, wealth building for disadvantaged populations, and the growth and success of the businesses we fund. As a Community Development Financial Institution (CDFI), we offer loans, grants, and free business coaching to entrepreneurs to help them succeed.

Colorado small business owners and entrepreneurs seek aid from our organization in moving towards the major step of asking for financial loans that they have not been able to find from traditional resources such as banks.

Position Overview

The Credit Analyst performs complete commercial loan credit analysis to assist lending officers in credit decision process; obtains all available and necessary financial data from client; performs specialized reviews of collateral or loan exposures; tracks the loan application process and maintains organized files of information received from potential borrowers; prepares credit memoranda and supporting materials.

CEF offers a hybrid work environment with a blend of in-office and remote work. Candidates must be Colorado based and can expect to work in the office three days per week. 

On a given day, your work might include: 

• Reviewing, evaluating, and analyzing loan application materials and other data to determine loan viability and to identify risk and potential fraud.
• Exercising independent judgement and experience in recommending/negotiating alternative loan requirements, funding, or loan structuring solutions.
• Underwriting various lending requests from $10,000 to $250,000 primarily for small business. Some community facilities and childcare facilities underwriting will also be included.
• Operating as a trusted advisor to the Lending team through all stages of the loan application and approval process.
• Analyzing financial statements, tax returns, and other financial project/borrower information.
• Examining credit checks/credit bureau reports.
• Maintaining client and portfolio information with precision and efficiency, ensuring timely information that supports the generation of accurate and up-to-date investor and internal reports.
• Preparing loan portfolio reports, on an as-needed basis, for investor, grant, and/or program applications.
• Accompanying lenders on client calls and onsite inspections.
• Creating call memos and other reports summarizing client meetings and/or site inspections.
• Working with lenders and borrowers in identifying and collecting missing financial and/or project information. Interacts with borrowers to resolve any outstanding issues/itemsrelated to new borrowing requests.
• Preserving an environment of highly efficient customer service at all points of contact with CEF clients when responding to borrower and/or participant inquiries and requests.
• Assisting the Credit Team in structuring new loan requests and extensions of existing loans.
• Other duties as assigned.

Our ideal candidate will have: 

• A minimum of two to three years commercial loan credit analysis or underwriting experience.
• Knowledge of small business loan procedures, documentation, and underwriting guidelines.
• Demonstrated expertise in delivering exceptional customer service at all levels with diplomacy, empathy, and professionalism.
• Solid knowledge of small business and commercial underwriting and of basic automated underwriting systems.
• Flexibility and agility to collaboratively work with a broad range of cultures, personalities, and work styles.
• Outstanding problem solving, organizational, and leadership skills.
• Demonstrated ability to prepare clear, accurate, recommendations and reports.
• Sound judgment and flexibility to prioritize and handle multiple projects at any given time while maintaining commitment to deadlines.
• Ongoing focus on continual improvement and identifying efficiencies within existing processes.
• Ability to provide superior customer service while actively listening and responding in an appropriate manner.
• Strongly self-motivated and able to follow through in completing high-quality, detailed work with minimal supervision.
• Proficiency in using business software applications including, but not limited to, Microsoft Excel, and Customer Relationship Management (CRM) Systems.