Commercial Credit Analyst

Description

Employment Type: Full-Time, Hybrid #LI-HYBRID

What you should know about the role

This position is responsible for evaluating the financial statements and condition of 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 include credit analysis and a summary of the loan request. This is accomplished by providing outstanding service to both internal and external members as defined by living and demonstrating the core values of the credit union;
Act with Integrity, Drive Progress, Build & Strengthen Relationships and Keep People at the Core.

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. We serve almost 200,000 members with assets over $3 Billion. 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.

Major Duties and Responsibilities

• Utilizes and maintains credit analysis software.
• 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.
• Periodically accompany Commercial Lenders on meetings with Commercial Members or at other business development events.
• Assesses collateral offered and its marketability to ensure the credit relationships meet internal policy guidelines and regulation standards.
• Reviews and ensures commercial loan policy compliance throughout the commercial lending process, including the review of various reports and loan approval conditions.
• 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.
• Assist the department in training and sharing knowledge with Commercial Credit Analyst I team members.
• Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and management.
• Reviews and helps recommend various reports and other loan approval conditions.
• Assumes responsibility for establishing and maintaining effective and professional business relations with members and trade professionals. Answers questions and resolves requests.
• 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.