Credit Analyst

ALLEGACY FEDERAL CREDIT UNION

POSITION DESCRIPTION

POSITION TITLE: Credit Analyst

REPORTS TO:VP, Senior Commercial Credit Officer

Role Accountability

At Allegacy, there is a common thread that runs through all of us. It’s our commitment to doing right and our promise to members to always do the right thing for their wellbeing. Every employee in our organization is accountable to living out our brand in meaningful ways as our promise motivates our beliefs, our behaviors, and the benefits we share together. To achieve this state of success, this position will review companies’ financials with regard to cash flow, risk analysis, and resource referrals. Additionally, this position will act as first line of defense in identifying problem loans and negative trends.

MAJOR DUTIES AND RESPONSIBILITIES:

• Responsible for exceptional member service to every member, every time by ensuring employees deliver consistently high-quality service to both internal and external member that is in alignment with our Brand Culture.
• Demonstrate enthusiastic support of corporate mission, core values and long-term objectives. Performs job duties within our bylaws, regulations, Board of Directors policies, established internal and external service standards and our work procedures.
• Assign, direct, coordinate and review work performed by staff.
• Must be willing to gain knowledge of the credit union’s products and services.
• Ensure understanding of the Performance Management system and company-wide objectives.
• Completion of all required compliance training to include BSA.
• Meet or exceed established service goals.
• Works towards developing a high degree of mastery of financial statement spreading and structure as evidence by timely completion of spread packages.
• Familiarity or willingness to work towards competency with Bakerhill.
• Analyze companies with regard to cash flow, risk analysis, loan structure, and resource referrals.
• Identify problem loans and direct this to the Credit Administration Team in a timely fashion.
• Provide financial statement spreading for a commercial loan portfolio of $400,000,000.
• Assist in the analysis, underwriting, and management of loans.
• Demonstrate a willingness to develop knowledge regarding loan structure, eligibility, credit issues and underwriting to members of the commercial banking department.
• Ensure and manage the portfolio for accurate loan documentation, exception issues and loan processing in accordance with NCUA regulations and standard operating procedures and Allegacy Lending policy.
• Uphold compliance with all policy requirements regarding the loan portfolio.
• Participate in training for lending teams and branch staff to educate and enhance knowledge of business and deposit services.
• Prepare memos, cash flow analysis, structuring, and administrating the closing process of a loan.
• Work with Senior Management, Market Executives , and Loan Officers in, client management, integrated relationship management, special asset management and credit underwriting.
• Work towards understanding extension of credit and terms in accordance with policy and lending authority.
• Prepare and present/recommend to higher authority, individual, or committee any loans submitted by Business Services.
• Assume responsibility in participating in the review of loan accounts.
• Monitor loans to ensure continuous conformity with terms and to keep abreast of changing business and economic developments that impact the loan portfolio, its profitability, and credit union/banking in general.
• Identify and market non-credit services by partnering with Financial Services Specialists in sales meetings, client and prospect calls, and developing and delivery of custom solutions.
• Prepare reports as requested.
• Service delinquent and special asset accounts as required.
• Represent AFCU in the communities we serve by actively participating in civic affairs and local and professional organizations to enhance AFCU’s image.
• Assume additional responsibilities as requested.

EDUCATION/EXPERIENCE:

Education required: 2-year college degree in Business, Accounting or related area from an accredited college or university, and related training, such as: Commercial Bank Lending School (or similar program

Experience Required: Minimum of 2 years in financial services.

Knowledge/Skills/Abilities Required: Must be able to demonstrate a very strong understanding and comprehension of credit underwriting and finance, negotiation skills and extensive knowledge of PC applications, to include excel and PowerPoint. Proven ability to create and work well in a teamwork environment. Excellent phone, oral, written and presentation skills. Must be able to travel as necessary, and project a positive and professional image of Allegacy Federal Credit Union.