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Credit Analyst at Alabama One Credit Union

Tuscaloosa, Alabama, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Mar, 26

Salary

0.0

Posted On

17 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Loan Processing, Financial Analysis, Risk Assessment, Communication Skills, Teamwork, Regulatory Knowledge, Detail-Oriented

Industry

Financial Services

Description

Description The Credit Analyst will assist members with their business/commercial lending needs. This position will analyze loan requests and make recommendations for credit decisions based on established Commercial Lending Guidelines. Responsibilities Meet with loan applicants to identify their needs and collect information for loan applications. Analyze current financial position of applicants to determine the degree of risk involved in extending credit or lending money. With guidance from senior lenders, will make recommendations to approve loans or forward to committee for further review. Educates applicants/members on loan products, evaluates needs and makes appropriate loan recommendations. Prepares and/or reviews all loan documents to ensure accuracy. Ensures that each loan is processed in a timely manner based on Credit Union standards. May establish terms and conditions of an approved loan, and communicate lending decisions with borrowers. Responds to member questions and resolves any loan-related issue. Maintains up-to-date knowledge of applicable laws, regulations, and policies. Performs other duties as assigned. Requirements Bachelor's degree in finance, business, or accounting and some related work experience or an equivalent combination of education and experience. Successful candidate will have excellent verbal and written communication skills, and will excel working in a team environment. Must be able to maintain a thorough knowledge of applicable regulations and Credit Union policy. Must be detail-oriented.

Responsibilities

The Credit Analyst will meet with loan applicants to assess their needs and analyze their financial positions to determine credit risk. They will prepare loan documents, communicate lending decisions, and educate applicants on loan products.