Credit Analyst

Position Summary

A credit analyst gathers and reviews financial data about loan applicants, including their payment habits and history, earnings and savings, and spending patterns. The credit analyst then recommends approval or denial of the loan. The credit analyst will also prepare reports with credit information for use in decision making. The procedure involves evaluating the risks and initiating background research on the customer. The analyst must perform due diligence on rating the credit of the borrower.

Essential Duties and Responsibilities

· Work with lenders to ensure they have provided the required financial information and loan request details for the credit analyst to analyze the loan requests.

· Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence to determine creditworthiness.

· Aid in preparation of credit displays and pointing out strengths and weaknesses of loan requests.

· Keep up to date with the company’s lending protocols

· Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay

· Utilize the Union Bank’s risk rating scale and derive rating recommendations based on the analyzed financial information.

· Work with Lenders and CCO on various questions that arise in the review of available financial information.

· Note discrepancies to the credit policy.

· Help streamline the credit requests.

· Identify known technical exceptions for lenders to obtain information.

· Assist the CCO in various credit portfolio special projects such as internal real estate evaluations, assisting in new software input, along with various other projects.

· Overall streamlining of the credit request process, helping the Union Bank provide the desired turnaround timeline of loan requests.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Health insurance
• Health savings account
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Application Question(s):

• Do you currently live in ND?

Ability to Relocate:

• Beulah, ND 58523: Relocate before starting work (Required)

Work Location: In person