Credit Analyst

CONNEX CREDIT UNION INC•North Haven, CT

33d•$52,111 - $78,166•Onsite

About The Position

At Connex Credit Union, we’re seeking passionate and diverse individuals who are driven to help improve the financial well-being of others. At Connex, you’re more than an employee, you’re part of a team that values trust, collaboration, and delivering exceptional service. With a strong history of success and a commitment to our employees, members, and communities, we continue to grow while creating opportunities for our team members to thrive. If you’re looking for a rewarding career where you can make a difference, grow professionally, and be part of an inclusive organization, we encourage you to join us on our mission.

Requirements

Four or more year’s consumer or indirect lending experience required.
Strong organizational skills.
Ability to clearly and effectively communicate verbally and in writing.
Ability to problem solve in a concise, logical and timely manner.
Knowledge of loan origination and loan portal (Dealertrack, Route One and CU Direct) software.
High degree of honesty and integrity.
Microsoft 365 skills including Excel, Word and PowerPoint; Basic knowledge of Excel.

Nice To Haves

Bachelor’s degree in business administration or related field preferred or equivalent experience.
Continued education through selected training courses.

Responsibilities

Processing, evaluating, analyzing and approving (or recommending approval/denial if outside of authority) all indirect loans.
Conducting complete credit analyses including gathering, analyzing and interpreting credit information on existing and prospective customers.
Reviewing customer accounts and portfolios to identify, evaluate and determine the appropriate course of action on potential credit quality issues in order to maximize credit quality and minimize risk and potential loss to Connex.
Developing dealership training programs to facilitate loan processing.
Quality underwriting of indirect loans and ensuring all loans are processed in accordance with all State and Federal laws and regulations, and Connex’s policies and procedures.
Timely callbacks to dealers on credit applications submitted.
Proper compliance review (when applicable) of documents and loan packages submitted for loan funding.
Accurate entry of all loan level data into systems.
Assisting with the management of automobile dealer relationships to maximize value to members and Connex.
Reviewing overall loan activities and assisting in development of methods and procedures to improve effectiveness.
Accurate and clear notations of any exceptions to internal loan policies in loan files.
Assisting the Senior Credit Analyst and VP of Indirect Lending in the development and implementation of dealer training programs, lending manual and policy manuals and the like in support of indirect lending directives.