Empower Federal Credit Union
Commercial Credit Analyst (Hybrid in Syracuse, NY)
Empower Federal Credit Union, Syracuse, New York, us, 13235
Empower FCU Purpose:
At every stage of life, positively impact members by providing affordable financial services.
Empower FCU Core Values:
Fairness, Integrity & Honesty
Empower FCU Strategic Pillars: World-Class Employee Experience Best-In-Class Member Experience Growth for Impact Shared Value in the Community
Empower Federal Credit Union offers excellent benefits including... Medical and Dental Insurance, 401K with Employer Match, Holiday Pay, Paid Time Off and more!
A World-Class Employee Experience : We are at our best when we are developing genuine relationships, looking out for one another, freely and honestly sharing information, and working together. We succeed when we rise above our departments, roles, and individual interests to come together, to move forward together. Each of us plays a crucial role in creating a positive work environment and we encourage all our employees to actively contribute to embracing Empower's values and supporting those around you. Be Yourself, Belong with Empower : The strength of Empower is in the unique backgrounds, voices, talents, & experiences of each person. With a culture of belonging, we enable teamwork, spark innovation, and fuel success.
Please note:
All candidates will be subject to a background check to determine employment eligibility. For roles that require an NMLS you may be subject to a credit check.
Role:
The Commercial Credit Analyst is responsible for collecting, inputting, and analyzing financial and credit data for current and prospective borrowers. This role requires a solid understanding of credit principles, financial analysis, and lending practices related to Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans. The analyst also serves as a key liaison for member inquiries, supports business services operations, and ensures compliance with internal policies and regulatory standards.
The annual salary range for this position is: $73,486.81-110,230.21
Location: Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.
Essential Functions & Responsibilities:
25% Financial Information Analysis:
- Collect financial data from members, internal systems, and third-party sources.
- Use credit analysis tools and database software to input data, build spreadsheets, and evaluate financial statements and tax returns.
- Maintain accurate borrower and loan records.
- Perform cash flow analyses and produce high-quality credit memos for review.
- Identify and resolve exceptions to credit policies and procedures.
- Assess new loan requests and recommend appropriate risk ratings.
25% Collaboration & Documentation:
- Partner with Commercial Loan Officers (LOs) and team members to streamline credit processes.
- Communicate with members and LOs to clarify financial data and obtain missing documentation.
- Notify LOs when updated financials are required for commercial accounts.
- Follow quality control protocols to ensure complete and accurate documentation.
- Prepare presentations for annual reviews of non-complex credit relationships and propose risk ratings.
20% Customer & Loan Officer Liaison:
- Act as the primary point of contact for members and LOs.
- Resolve complex issues and coordinate with internal departments to address business-critical matters.
- Respond to inquiries and complaints from internal and external stakeholders.
- Maintain working knowledge of cash management products and services.
15% Construction Draw Control:
- Oversee and document construction draw requests in coordination with LOs.
- Conduct on-site inspections of real estate collateral.
10% Credit Searches:
- Conduct credit investigations to evaluate member or prospect creditworthiness.
- Research UCC filings to confirm collateral positioning and lien status.
- Analyze collateral to ensure compliance with loan terms and internal policy.
5% Regulatory Compliance:
- Adhere to all applicable regulations and internal policies, including Fair Lending and non-discrimination standards.
- Perform all other duties as assigned.
Performance Measurements:
See Dayforce (HRIS) Performance Management for Goals upon start in role, and annually.
Knowledge and Skills:
Experience:
3 to 5 years of experience in commercial credit analysis, financial statement review, or loan underwriting.
Preferred backgrounds include:
- Commercial banking or credit union lending
- Public accounting or financial consulting
- Real estate finance or portfolio management
Education:
Bachelor's degree in Finance, Accounting, Economics, or Business Administration
Equivalent certifications may be considered, such as:
Certified Credit Analyst (CCA), Chartered Financial Analyst (CFA) Level I or higher, or Certified Public Accountant (CPA) coursework.
Interpersonal Skills:
Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills:
- Proficient in Microsoft Excel, Word, and financial analysis software.
- Ability to interpret financial ratios, amortization schedules, and loan structures.
- Familiarity with proprietary credit union systems is a plus.
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
Empower Federal Credit Union (EFCU) and its affiliated companies know employees are our greatest asset. We take pride in our commitment to member service, teamwork, and excellence. We offer employees a work environment designed to encourage personal and professional development. Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic including race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Our equal employment opportunity policy statement, the
EEO is the Law Poster
and
Supplement , and
Pay Transparency Nondiscrimination Provision
reaffirm our commitment.
Empower Federal Credit Union is committed to equal opportunity to qualified persons without regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Empower Federal Credit Union will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us through one of the methods listed below:
a) Fax: 315-455-5423 b) US Mail: 1 Member Way Syracuse, NY 13212 c) Phone: 800-462-5000
At every stage of life, positively impact members by providing affordable financial services.
Empower FCU Core Values:
Fairness, Integrity & Honesty
Empower FCU Strategic Pillars: World-Class Employee Experience Best-In-Class Member Experience Growth for Impact Shared Value in the Community
Empower Federal Credit Union offers excellent benefits including... Medical and Dental Insurance, 401K with Employer Match, Holiday Pay, Paid Time Off and more!
A World-Class Employee Experience : We are at our best when we are developing genuine relationships, looking out for one another, freely and honestly sharing information, and working together. We succeed when we rise above our departments, roles, and individual interests to come together, to move forward together. Each of us plays a crucial role in creating a positive work environment and we encourage all our employees to actively contribute to embracing Empower's values and supporting those around you. Be Yourself, Belong with Empower : The strength of Empower is in the unique backgrounds, voices, talents, & experiences of each person. With a culture of belonging, we enable teamwork, spark innovation, and fuel success.
Please note:
All candidates will be subject to a background check to determine employment eligibility. For roles that require an NMLS you may be subject to a credit check.
Role:
The Commercial Credit Analyst is responsible for collecting, inputting, and analyzing financial and credit data for current and prospective borrowers. This role requires a solid understanding of credit principles, financial analysis, and lending practices related to Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans. The analyst also serves as a key liaison for member inquiries, supports business services operations, and ensures compliance with internal policies and regulatory standards.
The annual salary range for this position is: $73,486.81-110,230.21
Location: Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.
Essential Functions & Responsibilities:
25% Financial Information Analysis:
- Collect financial data from members, internal systems, and third-party sources.
- Use credit analysis tools and database software to input data, build spreadsheets, and evaluate financial statements and tax returns.
- Maintain accurate borrower and loan records.
- Perform cash flow analyses and produce high-quality credit memos for review.
- Identify and resolve exceptions to credit policies and procedures.
- Assess new loan requests and recommend appropriate risk ratings.
25% Collaboration & Documentation:
- Partner with Commercial Loan Officers (LOs) and team members to streamline credit processes.
- Communicate with members and LOs to clarify financial data and obtain missing documentation.
- Notify LOs when updated financials are required for commercial accounts.
- Follow quality control protocols to ensure complete and accurate documentation.
- Prepare presentations for annual reviews of non-complex credit relationships and propose risk ratings.
20% Customer & Loan Officer Liaison:
- Act as the primary point of contact for members and LOs.
- Resolve complex issues and coordinate with internal departments to address business-critical matters.
- Respond to inquiries and complaints from internal and external stakeholders.
- Maintain working knowledge of cash management products and services.
15% Construction Draw Control:
- Oversee and document construction draw requests in coordination with LOs.
- Conduct on-site inspections of real estate collateral.
10% Credit Searches:
- Conduct credit investigations to evaluate member or prospect creditworthiness.
- Research UCC filings to confirm collateral positioning and lien status.
- Analyze collateral to ensure compliance with loan terms and internal policy.
5% Regulatory Compliance:
- Adhere to all applicable regulations and internal policies, including Fair Lending and non-discrimination standards.
- Perform all other duties as assigned.
Performance Measurements:
See Dayforce (HRIS) Performance Management for Goals upon start in role, and annually.
Knowledge and Skills:
Experience:
3 to 5 years of experience in commercial credit analysis, financial statement review, or loan underwriting.
Preferred backgrounds include:
- Commercial banking or credit union lending
- Public accounting or financial consulting
- Real estate finance or portfolio management
Education:
Bachelor's degree in Finance, Accounting, Economics, or Business Administration
Equivalent certifications may be considered, such as:
Certified Credit Analyst (CCA), Chartered Financial Analyst (CFA) Level I or higher, or Certified Public Accountant (CPA) coursework.
Interpersonal Skills:
Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills:
- Proficient in Microsoft Excel, Word, and financial analysis software.
- Ability to interpret financial ratios, amortization schedules, and loan structures.
- Familiarity with proprietary credit union systems is a plus.
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
Empower Federal Credit Union (EFCU) and its affiliated companies know employees are our greatest asset. We take pride in our commitment to member service, teamwork, and excellence. We offer employees a work environment designed to encourage personal and professional development. Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic including race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Our equal employment opportunity policy statement, the
EEO is the Law Poster
and
Supplement , and
Pay Transparency Nondiscrimination Provision
reaffirm our commitment.
Empower Federal Credit Union is committed to equal opportunity to qualified persons without regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Empower Federal Credit Union will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us through one of the methods listed below:
a) Fax: 315-455-5423 b) US Mail: 1 Member Way Syracuse, NY 13212 c) Phone: 800-462-5000