Junior Credit Analyst

Mid Hudson Valley Federal Credit Union•City of Kingston, NY

1d•$65,523 - $98,284•Onsite

About The Position

We are seeking a full-time Junior Credit Analyst to underwrite loan requests in accordance with established credit union policies and regulatory statutes. The role balances member service with credit-risk evaluation and deal structuring. The analyst reviews business loan applications and financial statements, evaluates borrowing capacity, capitalization, and cash flow, and uses analytical software to assess requests, interpret results, and determine whether further investigation is needed. The role also includes spreading financial statements, calculating financial ratios, and submitting requests to the appropriate approval channel. The Junior Credit Analyst prepares credit memoranda and related reports with recommendations for loan committee review, attends Credit Loan Committee meetings to present summaries and participate in discussions, performs annual reviews of the commercial loan portfolio, assists with servicing existing member business loan relationships, and gathers data for portfolio monitoring and control reports. The position requires sound analytical judgment, knowledge of commercial lending and banking laws, strong underwriting and communication skills, and the ability to manage competing workloads. Work is generally performed in an office, primarily in a climate-controlled environment. The role involves routine computer use, generally for an average of 6–8 hours per day when necessary, and may require extended hours or off-site travel when requested by management.

Requirements

Three to five years of similar or related experience.
A bachelor's degree or formal industry-recognized certifications equivalent to a bachelor's degree.
Knowledge of commercial lending and commercial banking laws, with the aptitude to learn NCUA member business loan regulations and the credit union's Member Business Loan Policies and Procedures.
Strong credit underwriting skills, including analysis of business and individual financial statements, with focus on liquidity, leverage, cash flow, and risk grading.
Strong analytical skills, sound judgment, time management, organization, and ability to manage multiple workloads successfully.
Ability to work independently and as part of a team, with limited supervision.
Excellent written communication and listening skills; interpersonal, problem-analysis, and problem-resolution skills.
Proficiency with computer skills, including Microsoft Office, and ability to operate routine office equipment such as computer terminals and keyboards, telephones, copiers, fax machines, and calculators.
Ability to perform basic mathematical calculations, spell accurately, understand computer basics, speak clearly, and follow written and oral instructions.
Ability to handle sensitive and confidential matters with discretion, communicate professionally with diverse people, and maintain composure under deadlines, accuracy requirements, and changing priorities.
Ability to routinely work at a computer for an average of 6–8 hours per day when necessary and maintain regular, reliable, and timely attendance.
Ability to work extended hours or travel off site whenever required or requested by management.
Ability to bend, sit, and stand; perform primarily sedentary work with limited physical exertion; and occasionally lift up to 50 pounds.
Ability to climb and descend stairs in an emergency; normal range of vision and hearing required.

Responsibilities

Review business loan applications and supporting financial statements to assess applicants’ borrowing capacity, capitalization, and cash flow.
Use analytical software to evaluate loan requests, complete required data fields, interpret results including externally derived credit scores, and determine whether further investigation or analysis is needed.
Spread financial statements, calculate liquidity, leverage, and cash-flow ratios, and submit requests to the appropriate approval channel.
Prepare credit memoranda and other reports, including recommendations, for review by the appropriate loan committee.
Attend Credit Loan Committee meetings, present summary information, and participate in discussions of loans under consideration.
Perform annual reviews of the commercial loan portfolio in accordance with credit union guidelines.
Assist with servicing existing member business loan relationships as needed.
Gather data for portfolio monitoring and control reports.
Provide professional, courteous member and employee service in accordance with MHV Service Standards.
Keep management informed about key operational issues affecting the department.
Meet departmental goals and deadlines, contribute recommendations for operational improvements, and participate in credit union-sponsored community activities or charitable fundraising events.