What are the responsibilities and job description for the Commercial Loan Analyst position at PACIFIC CREST FEDERAL CREDIT UNION?
Job Details
Description
Pacific Crest Federal Credit Union (Pacific Crest) is a rapidly growing not-for-profit financial cooperative headquartered in Klamath Falls, Oregon. We are currently building, growing, and developing our Business Services Team. We are hiring for a COMMERCIAL LOAN ANALYST in Klamath Falls, Oregon.
Work with the Business Services Team which provides capital to local businesses who provide services to, and employ members of our communities. The Commercial Loan Analyst analyzes financial data and prepares comprehensive reports evaluating the creditworthiness of business loan applicants to support lending decisions. The Commercial Loan Analyst will play a key role in advancing the Credit Union’s mission to provide our members and communities with the opportunity to prosper.
Who We Are...
We believe in the kind of service that comes only through a local institution, where every single person is a member — not a number. Our staff have roots here, and we care about the people we work with, both as members of our credit union, and as members of our community.
So we listen with purpose. We bring creativity to challenges. We demonstrate integrity. And we deliver a structure of financial products and services to help our members explore the scope of what’s possible.
Essential Job Functions
- Evaluate loan applications, financial statements, tax reports, credit reports and other documentation to determine creditworthiness of applicants
- Collaborate with commercial lenders to gather necessary information to formulate further questions for the applicant if necessary
- Prepare detailed credit analysis reports and offer detailed explanations
- Seeks out and analyzes comps to conclude a recommended loan to value in some instances
- Works closely with commercial lender and direct report to prepare and present credit presentations to loan committee for loan decisions
- Assist with monitoring loan performance and managing risk by conducting regular reviews
- Stay updated on industry trends, economic factors, and regulatory changes affecting business lending
Qualifications
Education and Experience:
- Bachelor’s degree in Finance, Business Administration, or a related field preferred
- Experience in a financial institution or credit program
- Experience or training in commercial lending or the equivalent
Knowledge and Abilities:
- Strong analytical, decision making, and complex problem-solving skills
- In depth understanding of financial statements, tax returns, credit analysis, and risk management
- Proficient in negotiating loan terms and conditions to achieve favorable outcomes for both parties
- Ability to work independently and manage multiple priorities
- Strong written and verbal communication skills
- Proven organization, prioritization, and accuracy in work
SPECIAL FACTORS AND PHYSICAL DEMANDS:
- Requires being under constant pressure for absolute accuracy within time limitations
- Requires working with disgruntled members and frequent interruptions
- Ability to lift and/or carry up to 30 pounds
- Stooping; kneeling; crouching; and reaching below, at, and over shoulder level required
- Sitting – 80%; standing and walking - 20%
- Hearing, visual, and verbal ability required
Pacific Crest Federal Credit Union is an Equal Opportunity Employer.
