Commercial Credit Analyst

at  Horizon Credit Union

Boise, Idaho, USA - 83714

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate29 Oct, 2022Not Specified30 Jul, 20222 year(s) or aboveUnderwriting,Collaboration,Teamwork,FinanceNoNo
Required Visa Status:
CitizenGC
US CitizenStudent Visa
H1BCPT
OPTH4 Spouse of H1B
GC Green Card
Employment Type:
Full TimePart Time
PermanentIndependent - 1099
Contract – W2C2H Independent
C2H W2Contract – Corp 2 Corp
Contract to Hire – Corp 2 Corp

Description:

EDUCATION & EXPERIENCE

Four-year degree (BA, BS) in finance, business, accounting, or a related field or equivalent experience (2 years of credit/financial analysis, lending, underwriting or other directly related experience). Minimum of two years’ experience in business lending, financial services industry preferred.

CAPABILITIES

  • Working knowledge of most MS Office applications, including expertise with Word & Outlook.
  • Working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles.
  • Working knowledge of credit risk, legal and regulatory requirements.
  • Fully understands organization’s Mission, Promise, CORE Values and Strategic Business Plan. Supports this in all decisions, contributing to overall organizational success.
  • Cooperative, collaborative and positive attitude and behaviors with all credit union stakeholders. Professional appearance and demeanor.
  • Demonstrated team player and representative of the credit union.
  • Actions and activities support the brand, reputation, and safety and soundness of the organization.
  • Works effectively with Commercial Relationship Officer, members and other team members.
  • Sound judgment. Ability to interpret complex policies, regulations, analysis and theories affecting the credit union and its members.
  • Ability to make high level decisions
  • Working knowledge of computer software programs including spreadsheets, word processing, etc. required.

ABOUT THIS JOB DESCRIPTION

The statements in this job description are intended to describe the essential functions and minimum qualifications for this position and are not intended to be an exhaustive list of all responsibilities, duties and skills required. Job descriptions are not intended nor do they create an employment contract and are subject to change at any time to accommodate business necessity. The Credit Union maintains its status as an at-will employer where applicable. In support of Horizon CU’s goals employees may perform other duties as assigned and all employees are expected to:

  • Exemplify our CORE Values
  • Promote teamwork and collaboration
  • Provide our members with the highest quality service

Responsibilities:

YOUR PURPOSE

Under moderate direction, this position will be responsible for research and credit analysis for commercial loan requests. Performs quantitative and qualitative credit analysis and underwriting for commercial loan requests. Works with commercial lending officer(s) to understand and measure the risks associated with both new and existing member relationships.

YOU ARE RESPONSIBLE FOR

  • Support the Commercial Relationship Officer to accomplish established loan goals.
  • Conduct credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to loan analysis.
  • Investigate all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
  • May meet with and interview existing and prospective members to develop a strong understanding of the loan request and the business relationship to ensure the accuracy and completeness of financial information received for loans and loan renewals.
  • Analyze financial statements and related material and makes recommendations for approvals of credits.
  • Analyze financial conditions and trends, reviews and reports non-compliance with loan covenants.
  • Determine cash flow using appropriate tax analysis.
  • Prepare summaries, presents facts, and offers opinions concerning credit-worthiness and any risk items or issues.
  • Provide credit information and references for members, Commercial Relationship Officer, or other agencies as requested.
  • Ensure that all credit files include current financial statements, agency reports, etc.
  • Maintain integrity of commercial loan files including appropriate scanning, maintenance of physical file, stacking order, etc.
  • Assist Commercial Relationship Officer in the preparation of credit memos that summarize lending opportunities, the associated risks, and the proposed loan structure.
  • Assist Commercial Relationship Officer in performing annual reviews, pre-qualification assessment, and analysis of financial condition and risk of financing requests
  • Perform commercial real estate processing and servicing functions as needed
  • Responsible for follow up of all affirmative loan covenants and ticklers in a timely manner
  • Knowledgeable of products and services, and successfully develops new and existing business relationships.
  • Demonstrate proficiency with spreading for all types of business and personal financial statements using SageWorks.
  • Maintain control over current accounts, noting payment progress, watching for any developing problems, and keep Commercial Relationship Officer informed.
  • Keep abreast of all new credit regulations and laws and ensures compliance with such.
  • May assist with projects as needed.
  • Other duties as assigned.

The statements in this job description are intended to describe the essential functions and minimum qualifications for this position and are not intended to be an exhaustive list of all responsibilities, duties and skills required. Job descriptions are not intended nor do they create an employment contract and are subject to change at any time to accommodate business necessity. The Credit Union maintains its status as an at-will employer where applicable. In support of Horizon CU’s goals employees may perform other duties as assigned and all employees are expected to:

  • Exemplify our CORE Values
  • Promote teamwork and collaboration
  • Provide our members with the highest quality servic


REQUIREMENT SUMMARY

Min:2.0Max:7.0 year(s)

Financial Services

Banking / Insurance

Finance

Graduate

Accounting, Business, Finance

Proficient

1

Boise, ID, USA