Commercial Credit Analyst

Responsible for analyzing credit worthiness for commercial loan applicants.  

 ESSENTIAL FUNCTIONS AND BASIC DUTIES

 1. Analyze business & personal tax returns, financial statements, and identify trends and concerns.  Work closely with assigned loan officers and borrowers to understand & mitigate credit issues for both commercial loan underwriting and annual review analysis

 2. Prepare financial reports using spreading software

 3. Provide informed professional opinions to loan officers regarding applicants financial/credit status, suggest loan structures, and support the lending process

 4. Prepare spreadsheets and detailed written reports to be presented in loan committee meetings for approval for both new and renewal loans

 5. Track loan covenants to ensure compliance & complete other duties as assigned

 6. Work closely with assigned loan officers in a team environment. 

7. Works a regular and predictable schedule.  

 PERFORMANCE MEASUREMENTS

 1. Analyses are accurate and completed in a timely manner 

 2. Performance conforms to policies, procedures, and regulation

 2. Good working relations and communications exist with Credit Union personnel and with management.  

 3. Loan review and covenant tracking completed on time and in an accurate manner

 QUALIFICATIONS

 EDUCATION/CERTIFICATION: Four year degree in finance or related field or equivalent work experience required.

 REQUIRED KNOWLEDGE : Knowledge of lending services, policies, and procedures.  

 Familiarity with general loan documentation.

 EXPERIENCE REQUIRED: Three to five years of similar or related experience, particularly in a financial environment.

 SKILLS/ABILITIES: Good organizational skills, accurate and attentive to detail.

Excellent analystical skills

Strong verbal and written communication skills.  

Able to use computer related applications 

Proficiency in Microsoft Excel and Word

Good math skills

Able to evaluate risk for loan underwriting.

 PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

 FINGER DEXTERITY: Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.

 TALKING: One must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

 AVERAGE HEARING: Able to hear average or normal conversations and receive ordinary information.

 REPETITIVE MOTION: Movements frequently and regularly required using the wrists, hands, and/or fingers.

 AVERAGE VISUAL ABILITIES: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.

 PHYSICAL STRENGTH: Sedentary work; sitting most of the time.  Exerts up to 10 lbs. of force occasionally.  (Almost all office jobs.)

 WORKING CONDITIONS

 NONE: No hazardous or significantly unpleasant conditions (such as in a typical office).

 MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

 REASONING ABILITY: Ability to apply common sense understanding to carry out detailed but uninvolved instructions and to deal with problems involving a few variables.

 MATHEMATICS ABILITY: Ability to perform basic math skills and to use decimals to compute ratios and percents, and to draw and interpret graphs.

 LANGUAGE ABILITY: Ability to use passive vocabulary of 5-6,000 words; to read at a slow rate; define unfamiliar words in dictionaries for meaning, spelling, and pronunciation.  

Ability to write complex sentences, using proper punctuation, and use adjectives and adverbs.  

Ability to communicate in complex sentences; using normal word order with present and past tenses; using a good vocabulary.

INTENT AND FUNCTION OF JOB DESCRIPTIONS

Job descriptions assist organizations in ensuring that the hiring process is fairly administered and that qualified employees are selected.  They are also essential to an effective appraisal system and related promotion, transfer, layoff, and termination decisions.  Well constructed job descriptions are an integral part of any effective compensation system.  

All descriptions have been reviewed to ensure that only essential functions and basic duties have been included.  Peripheral tasks, only incidentally related to each position, have been excluded.  Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions.  In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all inclusive.  Additional functions and requirements may be assigned by supervisors as deemed appropriate.  

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals.  However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

Job descriptions are not intended as and do not create employment contracts.  The organization maintains its status as an at-will employer.  Employees can be terminated for any reason not prohibited by law.