Commercial Credit Analyst I

Hudson Valley Credit Union•Poughkeepsie, NY

About The Position

Hudson Valley Credit Union is currently recruiting for the position of Commercial Credit Analyst I. Primary Function: Perform in depth commercial credit analyses for new money, renewal, modification and annual review transactions on a timely basis that are consistent with HVCU format, policy and procedures, including making recommendations on approval and determining appropriate risk ratings all types of commercial products, with some guidance from the Commercial Lending Leadership team.

Requirements

Bachelor’s Degree in Accounting, Finance or related field of study; business underwriting education and training required
Minimum 2 Years Commercial credit analysis experience required

Responsibilities

Perform in-depth commercial credit analyses that are consistent with HVCU format, policy and procedures, comprehensive and contain thorough and relevant analysis, and are free of typographical, grammatical and mathematical errors that require some editing by the Supervisor, Commercial Credit/AVP, Commercial Lending. To include identifying recurring and non-recurring sources of cash flow, the Borrower’s ability to cover debt service, and the ability of the guarantor to support the Borrower.
Assign an appropriate risk rating based on identified financial trends, risks, mitigants and policy exceptions. Recommendations are supported by financial spreads, investigative data and where applicable global cash flows, covenant compliance assessments or other such analytical measures.
Make recommendations regarding loan structure, where appropriate.
Complete commercial credit analyses within specified deadlines.
Maintain the Credit Union’s commercial portfolio by performing annual reviews, renewals, extensions, and modifications on existing borrowing relationships.
Provide support to Commercial Lending staff. To include assisting with various department reports.
Respond to inquiries relating to his/her particular area, or to requests from other HVCU personnel, members etc. within given timeframes and within established policy.
Achieve goals assigned to the Commercial Credit Analyst I as part of the assigned departments’ annual operating plan. To include initiating and implementing process improvements to enhance member experience and increase department efficiencies
Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional duties and special projects as assigned.
Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism.
Responsible for regular and predictable attendance including punctuality.