Commercial Lending Review Portfolio Analyst

Ascend Federal Credit Union•Tullahoma, TN

6d•Onsite

About The Position

The Commercial Lending Review Portfolio Analyst is dedicated to managing and executing the annual review process in the gathering of updated financial information as required; performing systematic post-close data reviews of commercial loan originations, modifications, and relationships within the core system and loan administration software; and maintaining ticklers and covenants as they pertain to annual review relationships. Expected to consistently maintain a high degree of productivity to ensure timely completion of system reviews and annual review responsibilities. #LI-Onsite

Requirements

Four year college degree in business or finance, or equivalent finance experience in a commercial/business lending environment
3-5 years of similar or related experience is required
Knowledge of internal lending policies and NCUA regulations, or willingness to learn.
A high level of problem solving skills, and the ability to communicate in a clear, concise manner.
A high level of accuracy and attention to detail.
Excellent verbal and written communication skills to communicate professionally with lending personnel and create reports of review findings.
Effective organizational and analytical skills with high degree of computer literacy
Demonstrate ability to prioritize multiple projects.
Possession of a valid, unrestricted driver’s license.
Ability to operate or have ability to be trained to operate related office equipment, including calculator, computer terminal (PC), multifunction copier, laser printer, receipt printers and telephone.
Able to identify common tax return forms and other financial documents.
Strong organizational skills working in high volume environment.
Self-starter with ability to identify areas of opportunity and initiates action independently.
Familiarity with commercial loan documentation.
Regular and reliable attendance is required.

Responsibilities

Prepare and proactively manage internal controls to monitor the gathering and receipt of updated financial information for annual review relationships. This includes managing a staggered correspondence timeline dependent upon financial covenants and tax return filing deadlines.
Verify updated financial documentation received is complete, legible, and saved to the departmental drive and appropriately indexed in the document library of loan administration software.
Auditing and updating core system tracking records and loan administration ticklers and covenants as required to finalize annual review completion.
Maintain departmental reporting for the status and completion of annual reviews to be reported to senior management.
Review of system data to ensure all appropriate and required loan terms, collateral, and loan coding have been properly board into the core system and loan administration software under the terms and conditions of the loan documentation with exceptions documented appropriately.
Verify departmental loan documentation and credit file checklists have been completed accurately inclusive of appropriate waivers or exceptions to internal policy and procedures.
Verify the loan relationship has been accurately entered into the tickler and covenant monitoring tracking system with each origination, modification, or audit.
Completion and updating of risk rating migration tracking over the life of the loan.
Determine if approval procedures and loan authorities adhere to established credit union guidelines and appropriate documentation of approval is provided.
Generate, monitor, and review tickler reports on weekly basis to maintain data accuracy.
Review externally prepared commercial appraisals and evaluations as well as internally prepared evaluations and appraisal updates.
Complete tax assessment re-evaluations of collateral as assigned.
Complete all required annual compliance training and/or job specific training as assigned.
Maintain up-to-date knowledge in financial analysis and regulatory compliance applicable to member business and commercial lending by participating in on-going training and self-development through independent study.
Read all internal publications including HUB and Possibilities.
Perform other duties as required or assigned.