Senior Commercial Credit Analyst - Waterloo, United States - Veridian Credit Union

Description

Job Description

This is a hybrid position that requires individual to work 2 days a week from one of our locations in Northeast, or Central IA, or Omaha, NE.

Full-time, non-exempt position

Application deadline: June 2nd, 2024

Take a look at all our great benefits here

The primary focus of a Senior Commercial Credit Analyst is providing written presentation of interpreting and analyzing business and personal financial statements, tax returns, credit reports and other information pertinent to the evaluation of a commercial loan request to a Commercial Loan Officer and/or the Commercial Lending Committee. Additionally, the Senior Commercial Credit Analyst completes annual credit reviews and property inspections.

• Interpret and analyze business and personal financial statements, tax returns, credit reports and other information pertinent to the evaluation of a commercial loan request.
• Determine profitability, net worth, and ability for repayment, creating cash flow analysis for all borrowers and guarantors.
• Generate financial ratios to evaluate members' current financial status, trends and comparison to industry averages.
• Assess collateral values and credit risk associated with commercial loan requests. Perform asset verifications and property inspections as needed.
• Provide written presentation of the credit request along with risk rating to the Commercial Loan Officer and or the Commercial Lending Committee.
• Perform analysis for annual credit reviews to identify continued creditworthiness.
• Identify strengths and weaknesses of a business borrower to effectively manage credit exposure.
• Strong understanding of the core systems and all commercial lending software systems.
• Knowledgeable of NCUA and Iowa Code guidelines for business lending, as well as all credit union policies and procedures.
• Possess a general understanding of appraisals and valuations to assist in collateral analysis.
• Monitor the training needs of Credit Analysts, providing performance feedback as necessary.

• Oral and written communication skills.
• Member service focus.
• Attention to detail and accuracy.
• Positive attitude that supports a team environment.
• Dependable and punctual; flexible during peak times.
• High level of confidentiality.
• Organizational skills.
• Self-motivated; ability to work without close supervision.
• Problem solving; analysis.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job:

• Occasionally lift and/or move items over 10 pounds.
• Remain sedentary (seated) for extended periods of time.

This job operates in a professional office environment and routinely uses standard office equipment.

Limited travel expected.

• Bachelor's Degree in Accounting, Finance, or related field.
• 3+ years of experience in commercial lending or investments.
• 3+ years of experience with credit analysis.
• 3+ years of experience with asset/liability management and risk assessment.
• Proficient in Excel.

• Proficiency in Credit Quest.

Veridian Credit Union is a PCI compliant financial institution to ensure the security of member information. As such, all employees are expected to ensure security measures are in place and adhered to regarding PCI and other highly secure data compliance requirements.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Veridian Credit Union provides equal employment opportunities to all employees and applicants for employment without regard to age, race, creed, color, sex, pregnancy, sexual orientation, gender identity, military service, national origin, religion, physical or mental disability, genetic information, or any other classifications protected by applicable federal, state or local laws.