Business Lending Credit Analyst

US-MI-Southgate
Job ID
2017-1280
Category
Business Development

Roles

What you should know about Advia

Advia is a fast growing Credit Union that is positioned in the top 3% of credit unions across the United States with over 1 billion in assets.  We offer very similar product and services as the big banks with a focus on saving our members money while providing financial advantages.  We are rooted in our communities and believe we have a responsibility to give back outside of our four branch walls through volunteering and charitable donations.  The work environment at Advia is fast-paced, performance based and fun infused.  We certainly live by the saying “work hard, play hard.”  As an employee of Advia, you can expect regular and constructive feedback, development opportunities, great benefits, excellent co-workers and engaged managers.

 

What you should know about the role

This position is responsible for evaluating the financial statements and condition of individual and commercial loan members applying for credit.  Analyzes complex personal and corporate loan portfolio financial statements for loan risk rating and monitoring purposes on a single loan or relationship basis.  Performs timely and accurate annual reviews to monitor credit quality and early identification of deterioration of credit quality. Analyzes such items as income, quality of management, market share, potential risks and collateral appraisal. Prepares loan presentations, which includes credit analysis and a summary of the loan request.

 

As a Business Lending Credit Analyst, you will have opportunities to:

  • Self manage your day to day workflow
  • Touch all aspects of commerical lending and have a direct impact on the businesses we serve
  • Utilize problem solving skills to find solutions for businesses in our community

Major Duties

  • Underwrites existing and prospective commercial client requests. Tasks consist of analytical review of all financial statements, comparison of the client’s historical financial performance with industry and competitor trends.
  • Works closely with commercial lenders to fully understand the request, establishing and defining credit requirements and risk mitigation to make credit recommendations to the appropriate individual or committee based on credit analysis.
  • Utilizes and maintains credit analysis software.
  • Prepares appropriate documentation for loan workouts and NCUA waiver requests.
  • Reviews and ensures policy compliance throughout the commercial lending process.
  • Assesses collateral offered and its marketability, reviews documentation requirements to make certain the credit relationships meet internal policy guidelines and regulation standards.
  • Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and with management. This may include coordinating functions with related departments, providing support as needed, keeping management informed of area activities and of any significant problems, attending and participating in meetings and committees as required and completing required reports and records.
  • Assumes responsibility for establishing and maintaining effective and professional business relations with members and trade professionals. Answers questions and resolves requests. This may include assisting members with credit analysis questions, assisting department personnel with administrative tasks as needed, and maintaining and protecting the Credit Union’s professional reputation.
  • Reviews proper documentation for a commercial loan closing including appraisals and environmental reports.
  • Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable and timely

 

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

 

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

 

Acknowledgement

Nothing in this position description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not a contract and should not be construed as a guarantee of employment for any specific period of time.

Skills & Experience

Experience

Three to five years of Credit Analysis Experience. Minimum two years of Commercial Lending Experience. Knowledge of Credit Union lending and collections programs, policies, and procedures. Familiarity with property management and maintenance procedures. Suntell credit analysis software experience preferred. SBA experience preferred. Understanding of financial analysis and determination of credit worthiness. The candidate should have a clear understanding of general accounting principles as well as general knowledge of business and economics. An advanced knowledge and understanding of multiple balance sheets and corporate entities with the ability to interpret all forms of financial data and instruments is needed for this role. Strong analytical abilities.

 

Education/Certifications/Licenses

Bachelor’s degree in business or a related field, or an equivalent combination of training and work experience.

 

Interpersonal Skills

Courtesy and tack are essential elements of the job. Work involves personal contact with customers and others inside and outside the organization, generally regarding fairly routine matters for the purposes of giving and obtaining information or instructions, updating or referring. Communications require shorter and not in-depth discussions most of the time.

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