Credit Associate jobs in Buffalo, NY

The ACRM will also be responsible for building relationships within the local communities to help promote CCFCU and to help identify lending & deposit opportunities. They will also work directly with business members and is the main point of contact for their relationship at CCFCU.

Essential Duties and Responsibilities:

• 
  Member Relationship Management:
  • Cultivate strong relationships with business clients, understanding their unique needs and goals.
  • Regularly engage with business members and prospects to assess their financial requirements and identify opportunities for additional services.
  • Serve as the primary point of contact for client inquiries, concerns, and requests.
  • Act as a liaison between the business and with Member Services throughout the account opening process.
  • Serve as a subject matter expert for documentation requirements of the business that are needed for account opening.

• 
  Financial Analysis and Solutions:
  • Analyze financial statements, credit reports, and business performance metrics to assess creditworthiness.
  • Recommend appropriate credit products, including loans, lines of credit, and business credit cards.
  • Collaborate with other departments (such as lending, cash management services, and commercial banking) to deliver comprehensive financial solutions.

• 
  Business Development:
  • Actively participate in business development efforts by identifying potential members and networking within the community.
  • Attend industry events, trade shows, and business association meetings to promote credit union services.
  • Assist in developing marketing strategies to attract new business clients.
  • Represents the credit union internally and/or externally at financial and organizational functions which may occur after hours and on weekends.

• 
  Loan Origination and Credit Analysis:
  • Originate business loan applications, ensuring compliance with credit union policies and regulatory guidelines.
  • Work with the Credit Department and with the Commercial Relationship Manager to evaluate loan requests, assess risk, and recommend appropriate terms and conditions.
  • Collaborate with credit analysts to complete due diligence and documentation.

• 
  Risk Management and Compliance:
  • Monitor existing business loans and credit lines to identify potential risks.
  • Ensure compliance with credit union policies, legal requirements, and industry standards.
  • Report any irregularities or concerns to management promptly.

• 
  Expand and retain relationships:
  • Profile new and existing commercial clients to ensure we are attracting deposits, credit, and other products.
  • Refer clients to specialists for investment, insurance, and wealth management services as applicable.

• 
  Performance Expectations:
  • As part of this role, the employee is expected to meet established minimum performance goals, which have been designed to ensure that each team member contributes effectively to the overall success of the organization.
  • Performance will be assessed on a regular basis to ensure that these goals are met, and support will be provided to assist employees as necessary.
  • Employees who do not meet performance expectations may be subject to further evaluation, additional training, or other corrective actions.

Knowledge, Skills, and Abilities:

• • Thorough knowledge of Credit Union Business Lending Policies and can discuss the various loan alternatives with the member as well as all credit union programs.
  • Deep understanding of how a credit union functions, and the value it brings to its members and community. This includes understanding of what a Cooperative is, as that is the business models of all credit unions.
  • Possess thorough knowledge of Credit Union Business Lending Policies, Procedures and Products.
  • Must be able to interpret business financial statements and create spreadsheets in Excel.
  • Ability to communicate effectively both orally and in writing and generate grammatically correct written reports, letters, memorandums, etc.
  • Excellent interpersonal communication skills and be able to establish working relationships and interact effectively with a wide range of individuals, members, and vendors.
  • Solid organizational, management and team-building skills.
  • Demonstrated ability negotiating complex agreements to achieve the best outcome for the organization.
  • Experienced in engaging, collaborating, and building trust amongst internal, external, and prospective members.
  • Ability to work closely with a variety of personalities and maintain calm under pressure.
  • Discreet, able to handle confidential and proprietary information appropriately. High level of integrity.
  • Self-motivated, confident and ability to multitask effectively.
  • Ability to problem solve and provide solutions to staff and members.
  • Be neat, punctual, and professional in appearance and demeanor.

Qualification Standards:

• Associates degree or higher, preferred.
• 2-5 years of financial services experience. Credit Union (preferred) or Bank.
• Knowledge of Microsoft Office, including word and excel.
• NMLS licensed a plus.
• Bondable upon initial employment and continue to be bondable throughout term of employment.