Credit Analyst I

Responsibilities

• Reviewing business loan applications and supporting financial statements to determine the borrowing capacity, capitalization, and cash flow dynamics for the applicant.
• Using analytical software to evaluate loan requests; performing the initial analysis required to complete all data fields, interpreting the results, including any externally derived credit scores, and determining the need for further investigation or analysis.
• Spread financial statements, calculate certain ratios, including measures of liquidity, leverage, and cash flow, and submit the request to the appropriate approval channel.
• Preparing the credit memorandum, as well as any other reports necessary, along with the appropriate recommendation for review by the appropriate loan committee.
• Attending Credit Loan Committee meetings, presenting summary information, and participating in discussions on other loans being considered.
• Performing annual reviews on the commercial loan portfolio pursuant to the credit union guidelines.
• Assisting in the servicing of existing MBL relationships as needed.
• Gathering data to maintain various portfolio monitoring and control reports.

Qualifications

• A bachelor's degree, or formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications).
• Three to five years of similar or related experience.
• Strong analytical skills, the ability to make sound judgments, strong time management, and the ability to manage multiple workloads with successful results.
• Candida Name : Mid Hudson Valley Federal Credit Union