Senior Credit Analyst - Farmington, United States - Community Choice Credit Union

Description

Job Description

Purpose & Core Values

The primary purpose of any position is to assist Community Choice Credit Union to live out our purpose: we believe in helping our neighbors achieve the life they desire. A key component of this purpose is to provide outstanding service to both internal and external members by living our core values.

Position Summary

This role is responsible for decisioning loan applications through multiple delivery channels within the Credit Union. Decisions require compliance, expert decision making analysis skill and consistency to policy standards and guidelines. This role is considered an individual contributor within the Credit Union. This position is a senior level position within the Lending Department and is an individual contributor within the organization.

Core Competencies

• Core Values:
  1. Committed: We are committed to serving Michigan guided by the principles that underlie the credit union movement of service, integrity, and respect for every human being.
  2. Charitable: We Give Big every day to our membership, our communities, and each other. We are dedicated to supporting Michigan by giving our time and services to the communities we serve.
  3. Credible: We are our Members' trusted financial advisors; each Team Member plays an integral role in the well-being of our Members' financial lives and the success of Community Choice Credit Union.
  4. United: We are a Team. We unite to achieve success, celebrate success, and continually improve the service we provide to our members, our communities, and each other.
• Adaptability/Initiative: Adjusts quickly and effectively to changing conditions and demands, views change as a necessary and inevitable aspect of organizational life as well as an opportunity to learn new things. Is able to take on a variety of different tasks and roles in the organization. Can move in a relatively seamless manner from one task or focus to another and can fill in for other team members when they are absent or are experiencing work overload. Looks for new and productive ways to make an impact/value to the organization and/or team. Demonstrates a positive attitude when faced with organizational change and generates constructive feedback for continuous improvement. Demonstrates a professional demeanor.

Position Competencies

1. Attention to Detail: Follows detailed procedures; ensures accuracy in documentation and details; and all components/details. Remains focused during routine work; is organized and maintains a system of records.
2. Communication: Communicates effectively and appropriately. Uses good judgment and an inviting approach to communicate to either members or team members in the most effective way, while ensuring compliance with all guidelines and confidentiality. Speaks in a clear and credible manner, selecting the right tone for the situation and audience, consistently whether it's via phone, email, chat, and/or in person. Listens, asks questions, and allows others to share their story.
3. Role Mastery of Essential Duties: Able to perform essential duties as outlined in job description. Contributes productivity and value within role. Is willing to learn and improve performance

Essential Duties

1. Serve at the primary business analyst which includes proper calculation of aggregate exposure, industry analysis, and full underwriting of Symitar business loans to ensure a sound lending decision is made.
2. Provide credit analysis and make recommendations on all workout loans to management to ensure sound workout restructuring.
3. Underwrite all subordination requests with overflow managed by other credit analysts to ensure proper evaluation of property and determine feasibility of granting the requests to subordinate.
4. Serve as the back-up for all system related issues with TCI, Symitar, and PSCU on-line web application and work on system implementation of any new loan products to maintain smooth operations of all systems.
5. Analyze applicant's credit bureau, income, collateral, employment and residence time, red flags, credit and non credit factors to decision loan ensuring they are of the appropriate level of risk.
6. Calculate member and related entity total aggregate exposure and decision application within assigned authority or obtain higher approval authority to ensure a sound lending decision is made.
7. Promote and cross-sell credit union products and services to assist members in determining their financial needs. Provide pre-approvals when credit capacity allows.
8. Obtain registration and maintain NMLS Certification to provide and communicate terms and rates to members on home equity loan applications to ensure compliance with SAFE Act Regulation.
9. Work with Member Solutions Departments to research first payment defaults, charge offs and loan autopsy loan files to improve analysis and minimize future losses.

Job Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirement listed below are representative of the knowledge, skill, and/or ability necessary for this position.

Remote Work Eligibility

This position is fully eligible for a Hybrid Work Arrangement

Reasonable Accommodations

The physical and mental demands are representative of those that must be met by an employee to successfully perform the essential functions of their job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job requirements, physical demands and do so within our work environment.

Education

Equivalent to a High School Education

Experience

Five years of similar or related experience

Skills & Abilities

Excellent interpersonal skills

Diligent time management skills

Functions well both independently and within team

Solid organizational and analytical skills

Strong leadership ability

Ability to work with limited supervision

Personal computer skills including Microsoft Office

Mental Demands

The team member must be able to read and interpret documents or instruments, understand and/or follow complex written and oral instructions, make decisions, recall multiple policies or procedures, resolve problems or unique circumstances in a timely and efficient manner, be able to express oneself clearly and/or concisely, perform mathematical functions, and handle multiple, concurrent tasks.

Physical Demands

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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to talk or hear. The employee is frequently required to sit and use hands to finger, handle, or feel. The employee is occasionally required to stand; walk; reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

General Statement

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.