Mortgage Credit Analyst jobs in Myrtle Beach, SC

Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Commercial Credit Analyst - Myrtle Beach
  • SOUTH ATLANTIC BANK
  • Myrtle, SC OTHER
  • Job Details

    Job Location:    Main Office - Myrtle Beach, SC
    Position Type:    Full Time
    Education Level:    4 Year Degree
    Salary Range:    Undisclosed
    Travel Percentage:    None
    Job Shift:    Day
    Job Category:    Admin - Clerical

    Description

     

    JOB SUMMARY

    Working under the guidance and supervision of lead staff, the Commercial Credit Analyst I will investigate and conduct an in-depth industry and financial analysis to determine credit risk of existing and potential borrowers; gather financial information on present and prospective customers; create credit memos for loan officers; and perform loan reviews and financial analysis for simple to moderately complex credits.  This position also works cooperatively to support the Lending and Credit functions of the Bank.  The position is an entry-level, credit-based analyst position providing support to the lending staff, portfolio managers, and senior credit risk officer. 

    ESSENTIAL DUTIES AND RESPONSIBILITIES

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    • Assess, analyze, and interpret financial information of current and prospective borrowers
    • Undertake risk assessment analysis
    • Prepare financial spreads and global cash flow analyses
    • Perform research on industries and other companies to assess the risk of the industry
    • Work closely with lenders to discuss new loan requests, renewals, modifications, current and adequate financial statement collections, risk rating assessments, past dues, pipeline, and call preparation
    • Prepare annual loan reviews of commercial relationships
    • Participate with credit risk officer(s) relative to portfolio assessments
    • Assist credit risk officer(s) with timely covenant compliance review and analysis
    • Complete commercial appraisal reviews
    • Responsible for compliance within area of responsibility
    • Perform other related duties as assigned to meet the ongoing needs of the organization

    Most work hours will occur within the bank’s normal business hours; however, if the workload deems it necessary, some work outside business hours may be required.    

    Qualifications


    QUALIFICATIONS

    • Bachelor’s degree in Finance, Accounting, Economics or Business; or the equivalent combination of education and experience
    • 1 3 years of experience in credit and financial analysis preferred
    • Detail oriented, organized, and self-motivated
    • Effective written and verbal communications and negotiating skills as well as the ability to exercise independent judgment. Initiative and tact are necessary in dealing with loan officers, other employees, and management.
    • Sound financial, analytical, and underwriting skills or an understanding of general principles of banking
    • Proficiency in the use and operation of various systems, software and resource materials including, but not limited to Microsoft Office and Excel.
    • Ability to prioritize work, make sound judgments and work independently on a consistent basis.
    • Knowledge of loan operations and operational procedures, preferred
    • Experience in other departments of a financial institution
    • Good interpersonal skills and a team orientation
    • Experience with Credit Risk Management and Toolbar and Credit Leader, preferred

    AAP/EEO STATEMENT

    This statement of policy reaffirms South Atlantic Bank’s policy of equal employment opportunity in employment, compensation, training, transfers, promotions, and all other aspect of employment regardless of race, color, religion, national origin, age, sex, veteran status, physical or mental handicap/disability and to state that we do carry out this policy at South Atlantic Bank. This policy also applies to all company-sponsored activities such as educational programs, tuition aid and social and recreational activities.

  • 10 Days Ago

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Builder Loan Consultant
  • MTH Mortgage
  • Myrtle, SC FULL_TIME
  • Position Summary: The Builder Loan Consultant cultivates loan referrals through the builder. They examine, evaluate, and document customer applications for credit approval on real estate loans and mai...
  • 1 Month Ago

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Credit Coordinator
  • Performance Foodservice
  • Florence, SC FULL_TIME
  • Company Description Performance Foodservice, PFG's broadline distributor, maintains a unique relationship with a variety of local customers, including independent restaurants and hotels, healthcare fa...
  • 22 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Myrtle, SC FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • Just Posted

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Sales Manager
  • Paramount Residential Mortgage Group
  • Myrtle, SC FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • Just Posted

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Mortgage Loan Officer
  • Obsidian Financial Services
  • Florence, SC FULL_TIME
  • Are you over the fact that you cannot close a loan in 10 days!? Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?At Obsidian Finan...
  • 19 Days Ago

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0 Mortgage Credit Analyst jobs found in Myrtle Beach, SC area

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Financial Representative
  • Modern Woodmen of America
  • Myrtle Beach, SC
  • The ideal candidate will deliver personalized investment solutions to help clients work toward their long-term financial...
  • 3/28/2024 12:00:00 AM

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Prestige Beauty Advisor
  • Ulta Beauty, Inc.
  • Myrtle Beach, SC
  • ? : We consider applications for this position on an ongoing basis. OVERVIEW: Experience a place of energy, passion, and...
  • 3/28/2024 12:00:00 AM

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Doughnut Specialist
  • Krispy Kreme
  • Myrtle Beach, SC
  • If you love spreading joy, then this position is for you! Our Doughnut Specialist team members are the face of Krispy Kr...
  • 3/28/2024 12:00:00 AM

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Coral Beach Resort Lead Assistant Executive Housekeeper
  • Beach Holidays, LLC
  • Myrtle Beach, SC
  • Coral Beach Resort Lead Assistant Executive Housekeeper $48,000 - $52,000 a year Responsibilities include: Assists Execu...
  • 3/28/2024 12:00:00 AM

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Hospitality Service Support - South Myrtle
  • Hooters
  • Myrtle Beach, SC
  • Overview: The mission of Hooters is to "Make People Happy" and the Hospitality Service Support position strives to provi...
  • 3/28/2024 12:00:00 AM

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Financial Advisor
  • Commonwealth Financial Group
  • Myrtle Beach, SC
  • -This Financial Advisor position is based in our Myrtle Beach office- 20 years strong and still growing, there has never...
  • 3/26/2024 12:00:00 AM

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Assistant Branch Manager & Management Hire
  • Under Armour
  • North Myrtle Beach, SC
  • Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
  • 3/24/2024 12:00:00 AM

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Branch Office Administrator
  • Edward Jones
  • Murrells Inlet, SC
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 3/12/2024 12:00:00 AM

Myrtle Beach is a coastal city on the East Coast of the United States in Horry County, South Carolina. It is in the center of a large and continuous 60-mile (97 km) stretch of beach known as "The Grand Strand" in northeastern South Carolina. Ranked as the second fastest-growing metropolitan area in the country (per 2018 census estimates), Myrtle Beach is one of the major centers of tourism in South Carolina and the United States because of the city's warm subtropical climate and extensive beaches, attracting an estimated 14 million visitors each year. As of the 2010 census, the population of t...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$47,170 to $67,375
Myrtle Beach, South Carolina area prices
were up 1.5% from a year ago

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Analysts benefit from on-the-job training, online development tools and a culture that encourages continuing education.
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