Commercial Credit Analyst

PRIMARY FUNCTION

Responsible for providing competent credit analysis for lending activities, assistance in the administration of borrowing accounts, conduct appraisal reviews, and assistance in completion of special projects and assignments.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Completes a thorough, in-depth analysis of new commercial credit requests, credit change requests, renewals and annual relationship reviews.
• Recommend risk rating changes when analysis merits.
• Prepare spreadsheets, reports, summaries and opinions for lenders on new, renewal and existing loans.
• Reports findings to Director of Commercial Credit that may have an adverse effect on the loan collateral or the borrower's ability to repay the loan.
• Completes loan application forms and submits to loan committees for approval with notes and opinions.
• Ensures company credit exposures on assigned loans are within set risk bearing limits.
• Completes loan work-ups and proper execution to ensure adequate enforceability of company's position for new and existing loans reviewed.
• Determines that loan file documentation is complete and properly executed to ensure adequate enforceability of the company's position for all new loans reviewed.
• Lead or assist with projects that will consist primarily of credit administration issues and may relate to possible changes in policies and procedure, possible changes as a result of examiner or auditor recommendations, peer group analysis, market studies, changes in compliance and regulations, software upgrades, monitoring or industry or borrower concentrations, risk assessments, and feasibility studies for efficiency gains such as outsourcing, insourcing, centralization of duties/staff, etc.
• Prepares various reports for the Board.
• Provides regulators and auditors with information needed to assess company's compliance with loan review policies and procedures and reserve adequacy methods.

SUPERVISORY RESPONSIBILITIES

No responsibility.

PAY PERFORMANCE STANDARDS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. This position will require the knowledge to effectively process Commercial loan applications, establishes and maintains internal controls, maintains security controls, controls loan quality, and analyzes loan products to attain the lending goals and objectives of the Credit Union. A professional appearance and attitude as well as the ability to communicate, coach, counsel, and motivate the staff to accomplish goals is necessary.

QUALIFICATIONS

• Education and/or Experience: An individual must have a bachelor’s degree and have a minimum of two (2) years of experience in Commercial Credit from a large credit union or other financial institution.
• Languages Skills: A qualified individual must be able to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. This position will require the ability to write reports, business correspondence, and procedure manuals and strong communication skills are necessary to effectively present information and respond to questions from groups of managers, the Board of Directors, and individual members. This person will make formal presentations on Commercial lending or general Commercial credit to groups outside of the Credit Union.
• MATHEMATICAL SKILLS: This position will require the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Also, the ability to apply concepts of basic algebra and geometry is necessary.
• REASONING ABILITY: A qualified person must be able to solve practical problems and to deal with a variety of concrete variables in situations where only limited standardization exists. Also, the ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form will be required.
• OTHER SKILLS & ABILITIES: This position will require the use of Credit Union's computer system for input/output transactions. Such use includes, but not limited to, retrieval of information, printing out individual statements of account, inputting data, updating information, special access to certain fields, and general maintenance of the credit/lending financial and ancillary records. In addition, this person must be able to utilize a variety of software programs such as Excel and Word. A qualified individual will also need the ability to utilize on-screen loan processing provided by the Credit Union's core processing or by a stand-alone Personal Computer system tied to the core system as well as other ancillary software programs. Also, the ability to operate standard office machines such as a photocopier; fax machine, personal computer and any such equipment normally found in a modern loan department of a bank or credit union.
• Demonstrates leadership skills by knowledge of area; ability through staff to meet goals and member service levels; hold staff accountable to agreed metrics, as well as interact with all levels of the organization in a professional manner.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by a partner to successfully perform the essential functions of this job. The noise level in the work environment is usually quiet to moderate.

REGULATORY COMPLIANCE & CONFIDENTIALITY

Follows regulatory and policy compliance requirements, which would include those efforts in compliance with Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC) and Anti-Money Laundering (AML) Regulations, and other compliance related Policies. Also, this position requires maintaining confidentiality with regard to non-public information about our members and Notre Dame Federal Credit Union.