Commercial Lending Portfolio Analyst

Job Overview

The portfolio analyst is responsible for maintenance and on-going analysis of Citadel’s portfolio of commercial credit relationships; assisting with the underwriting of commercial loan requests; and various support duties related to the commercial lending process. This position also assists in managing and cross-selling to customer relationships.

Working with the commercial lending team, commercial loan officers and retail branches, the portfolio analyst handles the renewals, periodic reviews, modifications and problem loans in accordance with Citadel’s business lending policy and procedures.

Responsibilities

• Manages the portfolio of commercial credit relationships through renewals, periodic reviews, modifications and assistance during the work-out process.  Collects financial information needed to complete the periodic reviews.
• Assists with reporting functions for monitoring the health of the commercial loan portfolio, including managing the commercial loan periodic review, risk rating, and revolving credit utilization reports.
• Assists with preparing agendas and documents for scheduled meetings, including Collections meetings, the Credit Risk Committee, and Board meetings.
• Assists with preparation for audits, including third-party and annual NCUA audits.
• Supports the loan origination process by working with the branches and credit analyst to facilitate loan requests.  Participates in customer interactions / visits with market managers and commercial loan officers. 
• Assists with the underwriting of new loan requests as needed.  Such assistance would include a review of the application and analysis of applicable financial information for completeness and decisioning. The analysis may include the spreading of financial statements and/or tax returns, completion of a cash flow analysis, calculation of the repayment ability on a project or global basis, determination of the acceptability of personal and business credit histories, and assessment of the value of the proposed collateral.
• Responsible for the creation, maintenance and updating of electronic credit files.
• Obtains appraisal bids and engages appraisers; helps to maintain the Citadel approved appraiser list and conducts due diligence on any additions or deletions to the list; and completes site visits and collateral inspections when necessary.
• Obtains environmental report bids and engages environmental professionals; helps to maintain the Citadel approved environmental professional list and conducts due diligence on any additions or deletions to the list; and completes site visits and environmental checklists when necessary.
• When applicable, prepares a loan package and recommendation for the consideration of commercial loan committee or the approval authority which includes a credit memorandum, summary analysis and risk rating matrix.
• Completes commitment letters and/or term sheets to negotiate and finalize the commitment with the customer.

Qualifications and Education Requirements

• 3 years underwriting, credit analysis or similar experience.
• Familiarity with NCUA rules and regulations as concerns commercial lending preferred
• Familiarity with GAAP, financial statements, financial ratios, corporate & personal tax returns, personal & business credit reports, and cash flow analysis.
• Understanding of commercial appraisals and environmental assessments including FIRREA, USPAP, CERCLA and the AII Appropriate Inquiries Rule.
• Associate’s degree in Finance or Accounting; Bachelor’s degree in Finance or Accounting preferred

Additional Skills/Notes

• Strong customer service skills
• Ability to work in a team environment
• Conscientiousness related to work
• Openness to learning
• Strong verbal & written communication skills
• Microsoft Office; Adobe PDF Files