Junior Credit Analyst

Title: Junior Credit Analyst

Department: Commercial Lending

Reports to: Commercial Loan Administrator

Supervision: No

Classification: Non-Exempt

Job Summary: The responsibilities of the junior credit analyst include analyzing credit data and financial information of persons or companies that are applying for credit or loans to determine the risk that the credit union.

Essential Functions and Responsibilities:

· Collateral assessment; completion of loan risk rating matrix; and Preparation of adverse action notices when appropriate.

· Ensure the company and government standards are met at all times, ensuring accuracy on all documents.

· Ensures commercial loan files are complete and ensures all necessary documentation is in the file in Synergy.

· Work with various Title Companies and Counties to record needed documents.

· Create all necessary documents using LaserPro to close and disburse loan.

· Responsible for all aspects of loan funding process including maintaining spreadsheets, wiring funds, changing addresses with counties for filing, and paying off other loans and accounts with proceeds.

· Process Draws on Commercial Loans - Orders inspections, coordinates construction draws, and keeps records for each construction deal.

· Conducts all work related to lien placement and release, title preparation, and adjustments and mortgage satisfaction.

· Ensures vendors meet agreed upon service level agreements with each transaction.

· Ensure that liens properly filed and renewed on a timely basis.

· Managing UCC’s, Flood Certification, and Appraisal process. Orders title, appraisal, and other necessary documentation for all commercial loans in a timely manner.

• Pull paid off loans to release documents and title to members, counties, and other necessary parties.

• Provide all post-closing service and follow up.

• Monitor insurance coverage on loans and ensure all policies are up-to-date.

• Maintain tax records for all real estate loans.

• Provide assistance to the commercial loan team with all aspects of the commercial lending process and member boarding process.

• Assist in the preparation of credit proposal and recommendations.

• All other duties as assigned.

• This job description is subject to change at any time.

Job Requirements:

· Bachelor’s Degree preferred

· Ability to work under critical time constraints.

· Ability to multi-task and enjoy doing it along with presenting a positive, team-oriented, attitude

· Keen problem solving and resolution technique

· Detail oriented and strong organizational skills required. Proficiency in Microsoft Excel and Word required

Physical Requirements/Work Environment: May lift up to 25 lbs.; Office work- must be able to use a PC and phone; hearing and sight are required to perform this job; may need to sit or stand for long periods of time in front of a computer.

It is the policy of OC Federal Credit Union to provide equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, pregnancy, national origin, genetic information veteran or disability status or any other protected characteristic under applicable law