Commercial Credit Analyst

Job Description

Job Description

Analyzing sources of financial information, such as financial statements, credit bureau reports and cash flows to determine potential risk and profitability of commercial loans. Manage and make enhancement for the commercial loan applications and documentation processes.

• Monitors progress towards departmental goals, provides continuous feedback on performances, schedules, and assigns work as necessary.
• Works with managers and supervisors on team building, motivating, cross training and identifying developmental & training opportunities to ensure continuity, consistency and to promote development and increase knowledge.
• Maintain good working knowledge of company and government standards through continued research.
• Perform other duties as assigned.

• This job description is subject to change at any time.

Possesses a working knowledge of credit structure, collateral documentation, general lending policies and regulatory requirements:

• Working Knowledge of Loan Vantage or similar business loan underwriting software.
• Performs initial screening and underwriting of new lending opportunities developed by the commercial lender.
  • Pulls Credit Report via Loan Vantage.
  • Lexis Nexis Report for new relationships > $500,000.
• Contacts lender or customer to obtain the proper information to ensure the loan process is properly completed.

• Prepares Presentation Memorandum in Loan Vantage and facilitates the initial underwriting of new transactions, renewals and annual reviews:
  • Calculates Aggregate commitment as defined under “Associate Borrower Rule”.
  • Spread Statements.
  • Sources and uses of funds.
  • Evaluating risk rating and makes revision recommendations.
  • Cash flow and financial statement analysis.
• Collateral assessment; completion of loan risk rating matrix; and Preparation of adverse action notices when appropriate.
• Reports deteriorating credit situations.

• Ensure the company and government standards are met at all times, ensuring accuracy on all documents.
• Ensures commercial loan files are complete and ensures all necessary documentation is in the file in Synergy.
• Orders title, appraisal, and other necessary documentation for all commercial loans in a timely manner.
• Work with various Title Companies and Counties to record needed documents.
• Create all necessary documents using Laser Pro to close and disburse loan.
• Responsible for all aspects of loan funding process including maintaining spreadsheets, wiring funds, changing addresses with counties for filing, and paying off other loans and accounts with proceeds.
• Process Draws on Commercial Loans - Orders inspections, coordinates construction draws, and keeps records for each construction deal.
• Conducts all work related to lien placement and release, title preparation, and adjustments and mortgage satisfaction.
• Ensures vendors meet agreed upon service level agreements with each transaction.
• Ensure that liens properly filed and renewed on a timely basis.
• Managing UCC’s, Flood Certification, and Appraisal process. Orders title, appraisal, and other necessary documentation for all commercial loans in a timely manner.
• Work with various Title Companies and Counties to record needed documents.
• Create all necessary documents using Laser Pro to close and disburse loan.
• Responsible for all aspects of loan funding process including maintaining spreadsheets, wiring funds, changing addresses with counties for filing, and paying off other loans and accounts with proceeds.
• Orders inspections, coordinates construction draws, and keeps records for each construction deal.
• Process Draws on Commercial Loans.
• Conducts all work related to lien placement and release, title preparation, and adjustments and mortgage satisfaction.
• Ensures vendors meet agreed upon service level agreements with each transaction.
• Ensure that liens properly filed and renewed on a timely basis.
• Managing UCC’s, Flood Certification, and Appraisal process.
• Pull paid off loans to release documents and title to members, counties, and other necessary parties.
• Provide all post-closing service and follow up.
• Monito…