Senior Credit Analyst

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The Senior Credit Analyst is responsible for credit and collateral risk analysis for business lending, by providing guidance and assistance to the Commercial Credit Manager in terms of analyzing financial information and providing loan structure recommendations. Responsible for portfolio management, which includes timely servicing and management of the portfolio. Responsible for pipeline management and providing guidance to the Sales Team and Collections Department.

Responsible for the implementation of SBA lending according to SBA guidance and product suite.

• Responsible for the effective and professional completion of underwriting and due diligence as it relates to business loans. Time: 40%
• Approves and/or denies business loan requests based on the underwriting results, within authorized lending authority.
• Analyzes the Financial Statements, Tax Returns, Environmental Studies, and Appraisals, etc., to evaluate the risks of business loan applications. Assist in the development of less experienced analysts and serve as the subject matter expert among peer underwriting staff.
• Responsible for the preparation of the UFCU Credit Memorandum. Recommend and manage loan covenants, collateral controls, and loan structures on business loan requests. Duties may include assistance with monthly reporting requirements.
• Evaluation of appraisals, environmental assessments, construction and construction management reports or contracts, and participation agreements as required.
• Works directly with outside agencies that provide government guarantees or third‑party underwriting support to the Credit Union. Responsible for the review and management of required documentation as it pertains to government lending programs (SBA, etc.).
• Responsible for underwriting incoming SBA loan requests. Responsible for maintaining relevancy in SBA lending practices and procedures. Responsible for assisting and training department staff in government lending programs.
• Provides management with clear, concise, and accurate written and verbal communications regarding UFCU, NCUA and other federal and state regulations covering all aspects related to business lending.
• Responsible for efficient and effective management of the existing business portfolio. Responsible for timely collection of required financial statements, renewal of maturing loans, annual reviews, and other portfolio management specific duties. Time: 30%
• Monitors expiring and at‑risk loans for signs of financial deterioration. Using an understanding of the credit principals, recommends changes in risk rating for loans.
• Recommends corrective actions and may initiate the process of working out loans which have been determined to no longer be reasonable credit risks with support from management.
• Provides periodic updates on portfolio management‑related metrics such as annual review completion and financial information collection. Leverage and implement tools within the business loan origination system to assist in portfolio management tracking.
• Assumes responsibility for related duties as required or assigned. Time: 15%
• Participates in cross‑functional teams related to special projects dealing with UFCU’s core systems as assigned (i.e., department reports and system testing).
• Participates in establishing policy, procedure, and guidelines.
• Participates in training new hires and the development of existing analysts.
• Participates directly in all internal and NCUA audits.
• Maintains industry knowledge regarding lending standards and legal requirements.
• Oversees the process of loan documentation and coordinates with the Sales Team to ensure closing of new loans and renewals, as necessary. Time: 10%
• Responsible for file updates and comments posted in the Business Loan Origination System, and ensure that all milestones are in place, documentation is present, and there are clear communications within each credit file.
• Ensures accuracy of all loan documentation packages as required.
• Assumes responsibility for establishing and maintaining effective…