Credit Analyst (Experience Required)

POSITION SUMMARY

Analyzes financial information of agricultural and commercial loan applicants to evaluate and document the repayment ability and the degree of financial risk. Makes recommendations to the appropriate lending authority.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Conducts an analysis of financial information presented by agricultural and commercial loan/credit applicants that includes an assessment of liquidity, quality of collateral, quality of management, market position and overall business climate to evaluate and document the financial strength of existing businesses using loan origination and financial analysis software. Identifies and recommends risk ratings. Analyzes environmental reports to determine if there are environmental concerns on or near the property and mitigates any risks.
• Completes the credit presentation documents in a manner that fully details the member’s credit request and the financial analysis for purposes of credit decisions and ongoing documentation.
• Maintains a detailed understanding of CMCU’s credit policy and acknowledges policy exceptions with sound reasoning.
• For complex relationships, larger loans, and all other requests: Reviews ongoing financial information and analyzes and compares to existing loan covenants to identify all potential risks. Based on these reviews the analyst recommends appropriate action, mitigates risks, and discusses action plans.
• Completes credit memos in partnership with lenders, checks for completeness and accuracy of data presented while making recommendations to structure, pricing, and other components required for a successful credit relationship.
• Regularly attends Loan Committee to provide feedback and input on various and complex commercial and ag deals. May create Loan Committee agendas and/or take minutes at meetings.
• Regularly assists lender by meeting directly with or joining calls with the member/lender.
• Understands all aspects of our credit presentation software and may serve as a subject matter expert.
• May be the subject matter expert in SBA or FSA underwriting.
• Completes the quarterly credit presentation and financial analysis of CMCU’s watch and classified loan relationships.
• Actively participates in community relations efforts to contribute to the mission and visibility of the Credit Union.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in Business, Accounting or Finance plus two years credit/financial analysis experience; or equivalent knowledge and skills gained through a minimum of four years related work experience, preferably in a financial institution.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)