Credit Analyst
About The Position
Analyzes credit data to estimate degree of risk involved in extending credit or lending money to businesses or individuals by performing the following duties. Analyzes credit information and conducts credit investigations related to lending to establish the financial condition of potential borrowers. Knowledgeable and current on RESPA and TRID laws and disclosures as well as UCC’s, Deeds of Trust, Good Faith Estimates, HUD statements and Truth in Lending documents. Evaluates results of investigations, prepares reports of findings for loan officers. Performs credit inquiries for the bank as requested. Maintains and reviews customer financial spreadsheets. Analyzes loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions, and bank files. Prepares spread sheets, reports, summaries, and opinions for bank lenders on new, renewal and existing loans. Manages financial information files to generate current reports, statements, accounts receivable and other information on customer accounts. Works with lenders to help structure and maintain credit relationships while maintaining bank policies, procedures, and regulations. Consults with Credit Officer to assist in analysis planning. Reviews existing loan files for the bank on a regular basis. Promotes and cross-sells other bank products and services as appropriate to customer needs.
Requirements
- Banking regulation knowledge
- Ability to protect the confidentiality of all financial date relating to financial institution and its customers.
- Must maintain bank policies and guidelines.
- Bachelor’s degree with 1+ years’ experience as a credit analyst/loan administration
- Knowledge of Internet, Spreadsheet and Word Processing software.
- Ability to operate and copier, printer, scanner, telephone system, calculator, and fax machine.
Nice To Haves
- Preferably Bachelor’s degree in Finance or Accounting, with 3+ years’ experience as a credit analyst.
- Knowledgeable with Sageworks/Abrigo Loan System
- Abrigo/Sage Works experience highly desired.
Responsibilities
- Analyzes credit information and conducts credit investigations related to lending to establish the financial condition of potential borrowers.
- Evaluates results of investigations, prepares reports of findings for loan officers.
- Performs credit inquiries for the bank as requested.
- Maintains and reviews customer financial spreadsheets.
- Analyzes loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions, and bank files.
- Prepares spread sheets, reports, summaries, and opinions for bank lenders on new, renewal and existing loans.
- Manages financial information files to generate current reports, statements, accounts receivable and other information on customer accounts.
- Works with lenders to help structure and maintain credit relationships while maintaining bank policies, procedures, and regulations.
- Consults with Credit Officer to assist in analysis planning.
- Reviews existing loan files for the bank on a regular basis.
- Promotes and cross-sells other bank products and services as appropriate to customer needs.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
