Business Lending Credit Specialist

Position Summary:   Via Credit Union is seeking a Business Lending Credit Analyst (In-office) working Tuesday - Saturday (noon).  The Credit Analyst is responsible for evaluating the creditworthiness of current and prospective member business and commercial borrowers. This role ensures sound lending decisions by analyzing financial data, assessing risk, and supporting the business lending team.  The Analyst plays a critical role in ensuring loans are both profitable and aligned with the credit union's standards.  Collaborates closely with the VP of Business Lending, the Chief Lending Officer, and other key members of the credit union.

Employment Requirements:  As a financial institution, Via Credit Union requires its employees to successfully pass a comprehensive background check and be in good financial standing as a condition of employment and to remain in such standing. “Good financial standing” means that the employee is current on all payments due to Via Credit Union or any other creditors and is in compliance with all applicable laws relating to financial crimes. 

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Overview:  The scheduled work week is Tuesday - Saturday (noon), unless otherwise specified, working Tuesday - Thursday 8:15 a.m. - 4:30 p.m., Friday 8:15 a.m. - 5:00 p.m., and Saturday 8:15 a.m. - noon. 

Reasonable Accommodations Statement:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. 

Essential Functions:

• Analyze credit information and financial statements to assess profitability and income trends, to present to Chief Lending Officer or Business Lending Committee.


• Perform cash flow analysis and calculate financial ratios using computer programs, to determine the advisability of granting credit.


• Compare liquidity, profitability, and credit histories of individual or businesses with similar establishments to determine risk.


• Apply Via Credit Union Business Lending & Participation Policies throughout the credit underwriting/evaluating process.


• Prepare loan credit memorandums for new loans, renewals, and periodic reviews; including credit analyses and summaries of loan requests for decision making.


• Complete Participation reviews and risk analysis to present to Business Lending Committee.


• Assist supervisor in providing and maintaining financial reporting requirements on members’ credit obligations.


• Monitor recorded mortgage and final title policies, track lien perfection on equipment loans.


• Monitor insurance cancellations and renewals, working with members and insurance agencies to obtain renewal policies.


• Request, complete, and follow up on outstanding Periodic Loan Reviews and present findings to the Business Loan Committee.


• Prepare month end reports for presentation to Board of Directors.


• Provide informed, professional, and accurate service and support to all members and team members.


• Maintain a professional work environment and professional appearance.


• Performs other business lending duties as assigned.


• Serves as back up for the Business Lending Loan Processor as needed:
  
  
  
  • Order Appraisals (via bidding process or AVM), order flood determinations, environmental search, title commitment, and other third-party providers as necessary for loan requests.
  
  
  • Prepare loan documents for loan closing, working with title companies and other third-party providers to ensure a smooth loan closing.
  
  
  • Fund loan in the credit union’s loan operating system, create tracking records, index loan documents to members’ account.
  
  
  • File loan documents with county recorder’s office, BMV, and/or file UCCs with Secretary of State office as necessary to perfect lien.
  
  
  
  

Position Expectations:

• Demonstrate and consistently model the ViaCU brand based on the mission, vision, and values.


• Demonstrate honesty and integrity and be seen as credible in the workplace.


• Accept responsibility and be accountable for your actions.


• Demonstrate ability to take care of the members’ needs while following company procedures.


• Demonstrate and model strong interpersonal skills, maintain a positive and respective attitude.


• The ability to formulate sound decisions using the available information.


• Act as a role model within and outside of the department.


• Adhere to company policies and procedures, maintaining confidentiality, and demonstrating the ability to handle sensitive matters.


• Excellent organizational skills and initiative to improve processes.


• Communicate regularly with department head about issues.


• Demonstrate flexible and efficient time management, ability to work independently and prioritize work and complete within given deadlines.

Qualifications:

Education:  Bachelor’s degree from a four-year college or university is preferred, with preference in Accounting or Financial or related field; equivalent professional experience will be considered.

Experience:  

• 3-5 years experience with credit analysis, analysis software, and/or accounting software


• Experience in public relations preferred.

Computer Skills: 

• Excellent computer skills with programs such as Microsoft Office Suite (Word, Excel, Outlook, etc), analysis software, and/or accounting software.

Certifications & Licenses: 

Benefits Summary:

• Affordable medical and prescription, dental, and vision (employer co-pay)


• Flexible Spending Account – Dependent Care & Unreimbursed Medical


• Basic Life Insurance (employer paid)


• Voluntary Life & AD&D


• Long Term Disability & Travel AD&D (employer paid)
  


• Paid Time Off:  Vacation, Sick, Personal, 9 paid holidays, and bereavement


• Community Service Day: Employer paid


• Bereavement Pay

Financial & Retirement Planning

• Competitive Pay


• Annual Performance Reviews


• Incentive Pay: Some positions qualify for incentive pay


• 401(k):
  
  
  
  • Safe Harbor Non-Elective (employer paid)
  
  
  • Elective Deferral: Employee contribution, minimum of 1%
  
  
  • Company Match: Employer contribution, dollar for dollar, up to 3% of annual compensation
  
  
  • Discretionary Profit Sharing
  
  
  
  

About Us:   Via Credit Union was founded in 1936 and has grown to serve members in 6 branches and 12 Field of Membership Counties*.  

Mission:  People helping people achieve financial success.

Vision:  Via Credit Union is committed to member service while maintaining financial stability.

Values:

• Honesty and Integrity


• Service Beyond Expectations


• People First


• Committed to Serve


• Foster Growth & Knowledge


• Excellence


• Have Fun

*Field of membership counties:  Blackford, Delaware, Grant, Hamilton, Howard, Huntington, Kosciusko, Madison, Miami, Tipton, Wabash, and Wells

Physical Demands:

N (Not Applicable)  Activity is not applicable to this position.

O (Occasionally)  Position requires this activity up to 33% of the time (0 - 2.5+ hrs/day)

F (Frequently)  Position requires this activity from 33% - 66% of the time (2.5 - 5.5+ hrs/day)

C (Constantly)  Position requires this activity more than 66% of the time (5.5+ hrs/day)

Occasionally:  Stand, Squat or Kneel, Bend, Lift/Carry and Push/Pull 11 -100 lbs

Frequently:  Walk, Climb, Reach above Shoulder, Reach Outward, Bend, Lift/Carry and/or Push/Pull 11-20 lbs

Constantly:  Sit, Reach Outward, Manually Manipulate, Visual Accuity, Talk, Hear/Listen, Lift/Carry 10 lbs or less, Push/Pull 12 lbs or less

Not Applicable:  Crawl

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job in an office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  While performing the duties of this job, the employee may be in a fast paced, stressful environment. Some outside environmental conditions, especially while traveling to meetings, training, or meeting with members.  The noise level in the work environment is usually moderate.