AVP - Commercial Credit Analyst

Description

Jeanne D’Arc Credit Union offers competitive wages, excellent benefits, a pleasant working environment, and career growth and advancement opportunities. We count on our valued workforce to be professional, provide exceptional member service, and help our members make smart financial choices.

Come join us as an AVP - Commercial Credit Analystwhere under the direction of the VP - Commercial Lending you will be responsible for performing a variety of duties to assist in the support and management of the commercial loan department's loan portfolio, to help achieve the goals as established in the assigned department's annual operating plan; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the credit analysis function; communicate with appropriate personnel; respond to inquiries or requests for information; maintaining appropriate records and provide assigned reports.

Essential Functions & Responsibilities

• Analyze and underwrite credit requests in a timely manner by leveraging the following resources: interactions with the loan team, meetings with customers/prospects, spreading tools, industry/market research, credit/financial due diligence, appraisals, web research, and other resources as necessary.
• Accurately identify loan policy exceptions as well as red flags during the analysis process (market risk, bankruptcies, late payments, past due taxes etc.) and bring those to the attention of the lender.
• Discuss deal structure, cash flow, collateral, and customer character with the lender.
• Prepare written analysis for new loans and modifications and present credit recommendations as directed.
• Manage existing portfolio of customers by tracking and preparing annual reviews of relationship obligations
• Review and recommend risk ratings within the portfolio.
• Prepare reports and minutes for senior management, loan committee and BOD.
• Accompany lender on customer calls and interact with customers, in person, and over the phone as needed.
  
  

Interact with financial professionals including CPA’s, CFO’s, listing agents, brokers, appraisers, etc. as needed to assist in the underwriting of credit memos and other tasks for the department.

Conducts market surveys through contact with brokers, online research, licensed database software (CoStar, Reis, MLSpin) etc.

• Performs other related duties as required or directed.
  
  

Qualifications

KNOWLEDGE AND SKILLS

Experience

Five years to eight years of similar or related experience.

Education

• A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
  
  

Interpersonal Skills

Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.