Credit Analyst

Primis Bank•Frisco, TX

10h•Hybrid

About The Position

Position Summary : Assists credit team in analyzing warehouse lending credit opportunities and managing the credit pipeline. Essential Functions Prepare loan worksheet, credit authorization summary, and financial statement review to analyze financial data and quality of management to evaluate a customer's financial capacity Manage pipeline assignments of new requests, existing customer renewals, and modifications Ensure all new client credit submissions and approvals are set up in the system Responsible for completing agreements based on credit approval Send customer requests for renewal applications and track for return and completeness Set up new warehouse lending customers on the warehouse platform; onboarding and customer training on warehouse lending systems and offered products Develop and document standard operating procedures for internal audits and training purposes Liaison between attorneys and customers ensuring all documents are complete and signed Liaison between sales staff, relationship managers, and loan operations management Regular, reliable, and predictable attendance. Marginal Functions Counterparty monitoring of current customers and approved takeout investors for covenants, performance, and watch list proposals Lead and participate in department projects as assigned Day to day customer service Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices. All other duties as assigned.

Requirements

Bachelor’s degree in finance, accounting, business or related field. (required)
Knowledge of Mortgage Banking Origination, Capital Markets, and how to process sales
Knowledge of loan closing, loan underwriting, and loan sales
Knowledge of process management and mortgage related data systems
Knowledge of loan sale settlement process
Ability to communicate with internal and external customers and problem solve
Strong analytical ability

Nice To Haves

2 years' experience in mortgage banking or mortgage warehouse lending operations, training and/or sales management (preferred)

Responsibilities

Prepare loan worksheet, credit authorization summary, and financial statement review to analyze financial data and quality of management to evaluate a customer's financial capacity
Manage pipeline assignments of new requests, existing customer renewals, and modifications
Ensure all new client credit submissions and approvals are set up in the system
Responsible for completing agreements based on credit approval
Send customer requests for renewal applications and track for return and completeness
Set up new warehouse lending customers on the warehouse platform; onboarding and customer training on warehouse lending systems and offered products
Develop and document standard operating procedures for internal audits and training purposes
Liaison between attorneys and customers ensuring all documents are complete and signed
Liaison between sales staff, relationship managers, and loan operations management
Regular, reliable, and predictable attendance.
Counterparty monitoring of current customers and approved takeout investors for covenants, performance, and watch list proposals
Lead and participate in department projects as assigned
Day to day customer service
Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
All other duties as assigned.