What are the responsibilities and job description for the Credit Analyst position at DFCU Financial?
Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country.
The Opportunity: We are seeking a Credit Analyst to join our team in either the Tampa, FL or Dearborn, MI area. This role will perform all duties related to underwriting loan requests, new loans or periodic reviews. Assist with collection of financial information for new loans and annual requirements. Underwrite loan applications to render decisions and communicate required information to appropriate individuals. Serve as a resource for members and branch personnel on underwriting and compliance questions.
What You'll Do:
- Conduct thorough analysis of financial statements and credit requests, including new applications, renewals, refinancing, and annual reviews of existing credits.
- Evaluate risk level associated with lending to potential borrowers by analyzing their financial history, payment habits, and overall creditworthiness.
- Provide recommendations based on analysis, highlighting the borrower's ability to repay and any potential risks.
- Prepare detailed credit reports and present findings to management.
- Maintain knowledge and ensure all credit transactions comply with federal and state regulations, as well as DFCU policies and procedures.
- Collaborate with lenders, customers, and other departments to gather necessary information, relay findings and answer inquiries.
- Meet expected service levels related to recommended loan decision and due diligence requirements.
- Contribute to the achievement of team goals as it relates to revenue growth, portfolio growth, asset quality and compliance.
- Maintain loan files in OnBase.
- Provide exceptional customer service.
What You'll Need:
- Bachelor's degree in accounting or finance preferred, or equivalent related experience.
- Two to five years of credit experience in credit analysis or a related field. SBA underwriting experience is a plus.
- Proficiency in MS Office and financial analysis software.
- Demonstrated ability for high attention to detail.
- Ability to understand financial statements, ratios, and credit risk concepts.
- Demonstrated financial institution product and service knowledge.
- Consistent positive, cooperative, self-motivated, courteous and professional attitude.
- Demonstrated interpersonal skills, including effective verbal and written communication.
- Ability to manage multiple and changing deadlines with limited supervision.
What We Offer:
- Potential for a hybrid work schedule
- 401k plan match, dollar for dollar up to 4%
- 401k additional employer contribution after one year at 5%
- Employee bonus program
- Medical, dental and vision insurance effective date of hire
- Health savings account (HSA)
- Flexible spending accounts for medical and dependent care expenses
- Adoption assistance for qualified expenses maximum $10,000 per child
- Wellness initiatives and reimbursements
- Pre-paid legal services plan
- Identity protection plan
- Accident supplemental plan
- Short & long term disability plans paid for by company
- Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child
- Pet Insurance
- Free financial planning assistance
- Numerous fun employee events throughout the year
- Volunteer and community engagement opportunities
- Employee loan discounts (closed-end loans)
- Discounts with local and national companies through DFCU Perks
- Service / anniversary awards
- Employee discounts for company logo wear
- Employee referral payouts for recruiting your friends and family
- Paid lunch time
- Tuition reimbursement / Education assistance
- Ongoing training opportunities
- Leadership development program
- Paid time off
- Paid holidays (13 per year)
- Flexible scheduling for students
Equal Opportunity Employer / Disabled / Veterans
Salary : $50,000
