Sr. Commercial Credit Analyst

Nusenda Credit Union•Santa Fe, NM

About The Position

Nusenda Credit Union is dedicated to excellent member service and being a great place to work. We strive to make a positive difference in the lives of our members and the communities we serve to help them achieve their financial goals. Diversity, equity, and inclusion are part of our culture and values. As an employer of choice, we invest in people and their careers. We are currently seeking a Sr. Commercial Credit Analyst to join our organization. As a Sr. Commercial Credit Analyst, you will be responsible for gathering and analyzing credit information on current and potential business borrowers; determines the advisability of granting credit for diversified types of commercial loans by recommending the Loan Risk Rating per the Loan Policy. You will evaluate credit data in determining loan risk. Significant analytical thinking skills are required to analyze and assimilate financial information into actionable format with recommendations on course of action to take. You'll analyze credit data and spreads financial statements as part of risk analysis on new and renewing loans.

Requirements

Five to Eight years of similar or related commercial underwriting or financial experience
Bachelor’s degree in business administration, accounting, or finance.
Experience in conducting in-depth research and analysis.
Knowledge of cash flow modeling, commercial real estate leasing, appraisal methodologies, applicable regulations (e.g., FIRREA, BSA, HMDA), and NCUA regulatory guidance.
Understand GAAP financial statements (i.e., balance sheets, income statements, statements of cash flow, and statements of owner’s equity),
Understand Personal and business income tax returns and have a comprehensive knowledge of diversified commercial loan types, structures, and practices.
Significant analytical thinking skills are required to analyze credit data, identify, and mitigate risks, and assimilate financial information into an actionable format with recommendations on courses of action.

Responsibilities

Monitor and manage credit risk on assigned portfolios, including reviewing loan files to ensure compliance with financial reporting requirements
Complete analysis of new loan requests, annual reviews of existing loans and makes recommendations for Risk Ratings according to findings.
Spread and analyze financials using the Buker’s spreading software
Complete annual loan reviews in accordance with policy using underwriting templates and forms
Test and process financial covenants in the commercial loan origination system, and periodically evaluating credit risk and collateral
Complete analysis and underwriting of new loan requests, including screening, spreading, analyzing cash flow and repayment sources, collateral, and guarantors, risk rates loans, and prepare formal credit memoranda
Collaborate with Business Services Officers, external customers, and management to identify, negotiate, and recommend loan structures
Support Business Services Officers in presentations of new loan requests to Management Loan Review Committee