Credit Analyst · cover letter
Dear [Hiring Manager],
In my current role I underwrite commercial credit requests from 250,000 to 8 million dollars, and over the past two years my approved book has held a delinquency rate of 1.1 percent against a department average of 2.4. That balance of growth and discipline is what I would bring to the Credit Analyst role at [Company].
I spread financials, build cash-flow and debt-service coverage analyses, and write the credit memos that go to committee. My recommendations are not just a score: when a profitable borrower wanted an expansion line, I structured a covenant package around their seasonal cash flow that approved the deal while protecting the bank, and it has performed clean through two cycles. I also catch the deals that look fine on the surface, like a request where add-backs were hiding a real coverage shortfall I flagged before it funded.
What I value most is defensible judgment. I tie every recommendation to coverage, collateral, and the borrower's actual ability to repay, and I document my reasoning so an examiner or a credit officer can follow it. I am comfortable saying no to a relationship manager and explaining exactly why, and just as comfortable finding a structure that makes a marginal deal work.
Most credit postings this year are asking for growth without a repeat of the last cycle's losses, and the covenant package built around seasonal cash flow, clean through two cycles now, is exactly the kind of structure that answers both at once. I would want to see the current book's concentration before proposing where to grow it.
Sincerely,
[Your Name]
[Phone] | [Email]