Member Business Loans (MBL) Senior Credit Analyst- Endwell, NY

Visions Federal Credit Union • Village of Endicott, NY

15h • $28 - $37 • Onsite

About The Position

As an MBL Sr. Credit Analyst, you will prepare loan packages
and loan approval records for commercial term loans, commercial mortgages, and
lines of credit using spreadsheets and other reports. This role ensures that all
pertinent information/documentation is included in files for loans in the MBL
portfolio.

Requirements

• Associates degree in a financial field in combination with at least 2 years of related experience in a finance or lending related field.
• Proficient in the Microsoft Office Suite programs.
• Proficient with standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines, PCs, etc.
• Visions remains committed to the aspects of diversity and inclusion and will consider alternative education and experience.

Nice To Haves

• Bachelor’s degree in a financial related field in combination with at least 2 years of related experience in a finance or lending related field.

Responsibilities

• Perform analysis of financial statements, such as tax returns, accountant prepared statements, and personal financial statements, using spreading software designated by Credit Union.
• Prepare spreadsheets using balance sheets and income statements to analyze ratios, trends, liquidity, net worth, and profitability.
• Prepare real estate cash flows for properties being collateralized and verifies validity of real estate projections using market data.
• Perform credit investigations of credit reports, Dun & Bradstreet reports, and industry comparisons to evaluate credit risk associated with submitted loans.
• Evaluate each borrower’s financial condition via earnings and repayment ability to ensure loans are properly structured while identifying exceptions to MBL Policy and Procedures.
• Use items from the financial and credit analyses to prepare loan approval records for commercial term, commercial mortgage, line of credit, borrowing base certificates, and branch business loans that explain appropriate cash flows and collateral evaluations.
• Make recommendations for grade classification rating for loan approval records based on a risk rating scoring module derived from the financial and credit analyses.
• Perform annual reviews of current MBL borrowers as indicated by policy using existing and projected financial and credit analyses.
• Make recommendations for upgrade and downgrade to loan classifications as indicated by the risk rating module derived from the financial and credit analyses.
• Review real estate appraisals for accuracy to determine proper loan collateralization.
• Adhere to all Credit Union policies, procedures and regulatory agency requirements including, but not limited to, training activities and regulatory compliance.
• Provides departmental back-up coverage as needed.
• Respond effectively to changing ideas, responsibilities, expectations, trends, strategies, and other processes.
• Demonstrate a commitment to diversity, equity, inclusion, and belonging through continuous development, modeling inclusive behaviors, and proactively managing bias.
• Perform other duties needed to help fulfil our mission, drive our strategy, and support our organization’s values.

Benefits

• Pension Plan, 401k Plan with company match
• Excellent health benefits
• Flexible Paid Time Off (PTO), Volunteer Time Off (VTO), and Wellness Time Off (WTO)
• 10+ paid holidays per year
• Lifestyle Spending Account stipend for wellness, caregiving, or personal expenses such student loans and tuition reimbursement
• Employee recognition program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree