Commercial Credit Analyst I
About The Position
This employee is responsible for assisting the Commercial Loan Department with the analyzing of financial information provided by businesses and/or individuals that are submitting a request for a Commercial/Business loan to determine the risk that the Credit Union would have with the loan. Prepare cash flow analysis of personal and business tax returns and financial statements. Prepare reports that are based upon the findings that will assist in the decision-making process. Assist in the documentation of the Commercial loan portfolio. Assist in the opening and maintenance of Commercial/Business deposit and loan accounts to ensure that all necessary documentation is obtained. All employees of State Employees Credit Union are proactive, result driven, and fully committed to the Credit Union's mission and vision. They strive to achieve the highest standards of excellence and consistently exceed the expectations established by Credit Union Management.
Requirements
- Strong interpersonal relationship/communication skills and attention to detail
- Advanced knowledge in the review of commercial credit applications and borrower capacity to
- Extensive experience with accounting, financial statements, cash flow, and borrower-risk analysis.
- Ability to work independently with little supervision as well as in a team environment.
- Strong analytical
- Experienced in the appraisal and underwriting of commercial
- Proficient with the Microsoft Office
- Education or experience equivalent to a bachelor's degree in accounting, Finance, or related field, in addition to 1 to 3 plus years of relevant
Responsibilities
- Take a lead role in the analyses of commercial credit applications and related
- Responsible for evaluating a borrower's capacity to pay, capital position, economic trends and forecasts in mitigating loan-risk, identifying special risk based on the unique needs of the borrower and the loan, and making recommendations through underwriting to effectively manage commercial credit risk for the
- Compile, prepare, and present Credit Approval Presentations for loan
- Interview Commercial & Business members for new accounts and loans.
- Prepare cash flow analysis of personal and business tax returns and financial statements.
- Prepare and submit Commercial & Business loan requests for
- Maintain and review commercial loan maturity report.
- Collect Commercial & Business loan financial documentation for annual reviews and possible renewals
- Complete and update Commercial & Business loan
- Review Commercial & Business loan call report provided by CFO for
- Keeps abreast of local and national economic, financial, political and legislative events and climates which could have an impact on commercial lending
- Ensure the Credit Union provides high quality services to its members in lending and related
- Participates in any other activities deemed necessary to further support the lending functions of State Employees Credit
- Ensures that all Credit Union policies and procedures are followed, comply with all applicable laws, regulations and have strong working knowledge of
- Understand compliance issues & attends training as they relate to Commercial Credit Analyst, including, but not limited to Anti-Money Laundering, OFAC, Bank Secrecy Act; Reg P; Patriot Act.
- Report all suspicious activity to the BSA Compliance Officer, and following policy/procedure as it pertains to the job
- Performs other duties as assigned.
- Job Related Travel – As required.
Benefits
- a highly competitive benefits package
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
