Credit Analyst I (Full-time, 12-month term) Hybrid - Selkirk/Winkler

Access Credit Union•Selkirk, MB

11d•Hybrid

About The Position

The Credit Analyst I is responsible for conducting comprehensive analysis of incoming credit requests from our commercial and agricultural members. Leveraging strong investigative and financial analysis abilities, the Credit Analyst identifies strengths, weaknesses and risks of the request; recommending appropriate risk mitigation strategies within the Business Credit Application. The Credit Analyst I conducts analysis with direct support from the Manager of Business Lending Operations as well as from more experienced Credit Analysts within the department. Leveraging strong investigative and financial analysis abilities, the Credit Analyst identifies strengths, weaknesses, and risks of the request, recommending appropriate risk mitigation strategies within the Business Credit Application.

Requirements

Post-secondary education in business, economics or agriculture or equivalent combination of education and work experience
One year experience in a business banking role preferred
Developing ability to identify risks, issues, concerns within a file
Developing ability to provide/position appropriate risk mitigation recommendations within the file
Demonstrated desire to serve others in a friendly and professional manner
Ability to identify and willingness to assist with sales and service opportunities
Strong interpersonal and communication skills, both verbal and written
Superb analytical and problem-solving skills, ability to analyze, identify and mitigate risks in complex credit requests
Ability to build trust and credibility with team members throughout the organization
Ability to work in a fast-paced team environment and perform well under pressure
Ability to prioritize using sound judgment to make timely and effective decisions
Superb attention to detail with exceptional degree of accuracy
Knowledge of Access Credit Union’s products and services
Demonstrated ability to adhere to policies and procedures
Strong knowledge of risk management within the financial industry
Advanced computer skills

Responsibilities

Work alongside Business Account Managers, conducting thorough credit, risk, financial, security, and industry analysis of business and agricultural credit requests to ensure credit quality is maintained with positive and negative trends identified.
Regularly completes files submitted by the Business Account Manager I/II team, with requested amounts ranging from $0-$2.5 million, with Manager support.
Assess creditworthiness of business and agricultural members.
Evaluate the credit risk of a member through analysis of existing account performance, debt repaying history, business income earnings, purchase activities, etc.
Conducting thorough analysis of collateral valuation, financial statements, projections, cost estimates, as well as environmental and industry factors in support of credit requests; including new requests, refinance requests and annual reviews of large loans or lines of credit.
Present analysis, findings, and recommendations in a clear, concise, and consistent manner within the Business Credit Application ensuring that all relevant information is included and analyzed; and recommendations are supported within established procedures.
Provide recommendations for credit structure, security, and risk mitigation through use of covenants and conditions, supported within the analysis and assessment of credit risk.
Prepare supporting documents such as charts, reports, spreadsheets and models to support analysis of new and existing credit applications.
Ensure appropriate Security Documentation and instructions outlining the conditions of credit facilities, are clearly laid out (loan type, interest rate, security, searches, liens, etc.) to allow efficient loan processing by Business Loan Administration staff.
Audit existing member documentation in support of current lending facilities to ensure appropriate documentation is held on file.
Review files and identify deficiencies and report as appropriate.
Work with account managers to ensure standardization of documents.
Keep current with business issues that affect market trends, sharing beneficial information with other analysts, lenders, and managers.
Work directly with the Business Account Managers and loan processors to ensure smooth administration of documentation from the branch.
Identify member problems, needs and opportunities; referring any opportunity back to the Business Account Manager whenever possible.
Responsible for tracking and reporting goals and results.
Adhere to all legislative and policy guidelines for all credit union products and services.
Work collaboratively with other team members to achieve organizational and department objectives
Actively participate in meetings, planning and training initiatives, sharing information and ideas to build organizational achievement and success.
Maintain open communication and cooperation with other staff to ensure a friendly and efficient work environment.
Maintain thorough knowledge of and adhere to credit union policies and procedures on risk management, confidentiality, security, and fraud prevention.
This list is not inclusive and other tasks and/or responsibilities may be assigned by your supervisor.