Credit Analyst Jobs

About The Position

Requirements

• High school education or GED.
• Three to five years of similar or related experience.
• Become familiar with KFCU guidelines, policies, procedures, departments, and their relationships.
• Knowledge of VA, FHA, USDA, and GSE investor guidelines.
• Skill in Jack Henry core loan processing and loan servicing systems.
• Exceptional communication skills for working with internal departments, attorneys, and other mortgage department vendors.
• Strong arithmetic competency and basic clerical skills, including operating a PC.
• Outgoing personality, helpful attitude, and a well-developed sales-culture attitude toward credit union services and products.
• Accuracy and attention to detail.
• Good interpersonal skills with members and employees.
• Ongoing ability to keep abreast of changing policies and procedures.
• Ability to maintain confidentiality and dependability.
• Proficiency in Microsoft Word and Excel, internet use, and email.
• Obtain Residential Certified Mortgage Servicing (RCMS) certification within the first two years of KFCU employment in the Mortgage Servicing department and maintain continuing education requirements for recertification every two years.
• Overtime may be required as work and circumstances require.

Responsibilities

• Prepare mortgage status letters, instructions to attorneys, responses to related inquiries, and other miscellaneous correspondence.
• Review, research, and process title releases and partial releases, monitor the deed release log, and track and research the timely return of final mortgage package documents from attorneys.
• Receive, review, and prepare documents for loan modifications, including assumptions, construction rollovers, hardship modifications, principal reduction modifications, recasts, and subordinations.
• Obtain recorded deeds of trust and final title policies for quality assurance analysis before document transfer.
• Input and maintain adjustable-rate mortgage loan information and daily rates.
• Research and update documents and systems for borrower authorizations, successors in interest, and deceased borrowers.
• Perform HELOC servicing functions, including payment research, rate adjustments, billing, reporting, and tax- and insurance-related functions.
• Receive, research, and prepare documents related to the Servicemembers Civil Relief Act.
• Meet established productivity standards.
• Remain willing and able to cross-train throughout the department and assist others in the Mortgage Loan Department.
• Comply with federal regulations, including the Bank Secrecy Act and Office of Foreign Assets Control requirements.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision insurance
• Section 125 Flexible Spending Accounts for health care and dependent care expenses
• Employee and dependent life insurance
• 401(k) retirement plan with 100% match on the first 5% contributed by the employee
• Paid leave
• Tuition reimbursement and competitive scholarships
• Short-term and long-term disability benefits
• Employee Assistance Program