Credit Analyst
Please go to our career portal at www.trustarfcu.com “Careers” for total job description.
Credit Analyst- Job Description
Department: Commercial
Grade: 8
Reports To: SVP of Business Services and AIS
Classification: Non-Exempt
Role:
To maintain records and files on all credit transactions and reviews, including correspondence and documents needed to determine the risk to the credit union.
Essential Functions & Responsibilities:
- Monitor all records and files on all credit transactions and review compliance per policy.
- Performs credit analysis including, but not limited to, performing the initial credit analysis of financial statement and credit history for existing and potential membership, and preparing and processing all documentation for credit transactions and annual reviews. Appropriate analysis includes but is not limited to: calculating cash flow, debt service, and margin, along with corresponding written summaries that interpret these calculations. Primary calculations and global calculations are aligned properly. Collateral positions are evaluated, researched, and documented. Written narratives of these analysis are prepared in sufficient detail such that readers unfamiliar with the transaction or review can understand the content.
- Assist with structuring deals and perform risk assessments by reviewing credit applications or requests.
- Assist with problem loan reports, credit requests, loan comments and any draft versions of documents requested.
- Provides and maintains reporting requirements on Credit Union members' credit obligations.
- Provides support to Credit Union members and staff in explaining credit policies and procedures.
- Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and with management.
- Assists in special assignments requested by management and members.
- Performs other job duties as assigned.