Junior Credit Analyst

Description

Founded in 1948, Arsenal Credit Union is a thriving, federally insured, state-chartered financial cooperative with approximately $390 million in assets. We are passionate about helping our members take charge of their finances through exceptional service delivered across our branch network and powerful digital banking tools. Our mission is to equip members with the confidence, resources, and technology they need to achieve their financial goals — and crush them!

As a proud recipient of the St. Louis Post-Dispatch Top Workplace award in both 2024 and 2025, we celebrate a workplace culture built on unity, trust, and respect. We recognize that our employees are our greatest asset, and we are committed to fostering a welcoming, supportive, inclusive, and inspiring work environment. At Arsenal, you will find fair treatment, open communication, and opportunities for personal growth. Together, we empower our employees to advocate for our members, deliver exceptional service, and make a meaningful difference in our community.

We have an opening for a Junior Credit Analyst at our corporate office in Arnold, Missouri, reporting to the Vice President - Credit. This position supports underwriting, credit administration, and portfolio monitoring activities while building foundational knowledge of financial statement analysis, credit risk assessment, collateral evaluation, and commercial lending practices. Success in this role requires strong analytical skills, attention to detail, intellectual curiosity, and a commitment to accuracy, compliance, and exceptional service.

What will you be responsible for?

• Assist in gathering, organizing, and reviewing financial statements, tax returns, personal financial statements, rent rolls, and other documentation needed to evaluate commercial lending requests.
• Support commercial underwriting activities by assisting with financial statement spreading, ratio calculations, cash flow analysis, and basic financial trend reviews.
• Conduct borrower, guarantor, industry, and market research to support credit decisions and portfolio management activities.
• Research credit reports, UCC filings, public records, lien positions, collateral information, and other due diligence items.
• Assist in preparing credit memorandums, annual reviews, loan modifications, and portfolio reporting.
• Maintain accurate borrower, loan, and collateral records within loan origination, imaging, and credit administration systems.
• Monitor financial reporting requirements, covenant compliance, insurance coverage, loan renewals, delinquency trends, and documentation exceptions.
• Support commercial real estate and construction loan monitoring activities, including review of inspection reports, draw requests, budgets, lien waivers, and project documentation.
• Collaborate with loan officers, credit administration, loan operations, and other departments to support efficient loan processing and servicing activities.
• Provide professional, responsive service to internal and external members while maintaining confidentiality and regulatory compliance.

Requirements

What skills does this position require?

• Associate degree in Accounting, Finance, Business Administration, Economics, or a related field preferred; equivalent combinations of education and experience will be considered.
• Basic understanding of accounting principles and financial statements.
• Interest in commercial lending, credit analysis, underwriting, and portfolio management.
• Strong analytical, organizational, problem-solving, and time-management skills.
• Excellent written and verbal communication skills with a high degree of attention to detail.
• Proficiency in Microsoft Excel, Word, and other Microsoft Office applications.
• Ability to manage multiple priorities, maintain accuracy, and work effectively both independently and as part of a team.
• Prior banking, credit union, internship, financial services, or related experience preferred.

Benefits include:

• 401k Retirement Plan with up to 5% company match
• Profit Sharing Incentive Plan
• Generous Paid Time Off
• 11 Paid Holidays each year
• Health, Dental, and Vision Insurance options
• FREE Group Term Life Insurance
• FREE AD&D Insurance
• FREE Long/Short-Term Disability

Arsenal Credit Union is an EOE/M/F/Disability/Veteran