Credit Analyst Jobs

About The Position

Requirements

• Bachelor’s degree in accounting or related field is preferred.
• A minimum of three (3) years’ experience gaining strong marketing skills, the ability to close loans, and proper preparation of loan packages for loan committee and loan funding.

Responsibilities

• Interviews applicant to determine consumer loan requirement and gather pertinent information for loan applications
• Requests applicant credit reports, background checks, reference checks, and other information pertinent to loan applicant’s evaluation
• Analyzes applicant financial status, credit, and asset evaluation to determine feasibility of granting loan or submits application to credit analyst for verification and recommendation.
• Resolves uncertainties relating to customer application information through inquiries with applicant or creditors.
• Approves loan within specified limits or presents loan request to the appropriate loan committee for approval.
• Compiles loan package and facilitates negotiation of loan structure with applicant, including fees, loan repayment options, and other credit terms.
• Ensures loan agreements are complete and accurate according to policy.
• Manages multiple customer loan and deposit relationships.
• Assures timely loan closing and funding activities.
• Responsible for the collection and preparation of loan documents to be sent to the Loan Operations Department (LOD) for processing, review, booking, funding, and indexing.
• Handle lien perfection such as recording of documents, filing of title applications, UCC Searches and filings, etc., as well as the release of such items as needed.
• Work closely with the LOD to ensure accurate loan documentation and compliance with regulations, and proper indexing and maintenance of loan files.
• Assist new and existing customers with questions, transfers, draw requests, posting of payments, and payoffs, etc.
• Identifies and analyzes potential loan markets to develop prospects for consumer loans
• Promotes and cross-sells other bank products and services as appropriate to customer requirements.
• Complies with all regulations and bank approved policies and procedures.
• Participates in and completes all training/education available in a timely manner to stay abreast of the demands and requirements of the position.
• Maintains regular and predictable attendance.
• Performs other duties as assigned, including assisting and supporting other departments as needed.