- Credit Analysts are given an excellent opportunity to learn the Commercial Lending process as mentored by Loan Officers- Assist Lenders in analyzing existing and new customer requests- Order, interpret, and analyze credit reports- Collect and analyze tax returns and financial statements to assist in the preparation of loan write-ups, identifying customer strengths/weaknesses and questions/concerns to be raised with the client- Prepare financial forecasts and pro forma statements in consultation with Lenders to assist in the assessment of borrower capacity- Prepare detailed Credit Memorandums with defined Credit Quality Expectations within Credit policies and procedures for review and approval- Responds to internal and external inquiries- Supports Commercial Lenders in the servicing and management of business customers and commercial loan portfolios- May assist Lenders as needed in commercial construction projects by maintaining cost breakdown spreadsheets. Prepare draw requests and gather lien waivers- Drafts commercial loan setup sheets- Serve as the liaison between Lenders and Loan Processing, coordinate the request/receipt of business and personal financial statements- Assist with reviewing all 3rd party reports required for loan approval- Examines documents to ensure accuracy and compliance with existing guidelines, policies, and procedures- Ensures credit and document files are complete and organized and have no exceptions- Review loan documents prior to closing and close loans with customers in the absence or at the request of the Lender- Loan pipeline management ensuring key milestones are met and that the file closes in a timely manner- Annual renewals: ensure loans are renewed on a timely basis, assisting with the renewal process and filing comments- Review portfolio reports to be informed of workflow, maturing loans, covenant compliance, etc- Proactive communication on loan status to borrowers- Review and apply SBA guidelines for SBA loan application, review, and closing.- Supports Loan Assistants as needed, and acts as their backup- Maintain files, copies, faxed documents, and records documents- Orders flood certifications, appraisals, inspections, title insurance, UCC searches, and surveys as needed.- Engages appraisers at the request of Commercial Lenders- Clears all commercial loan documentation deficiencies and provides ongoing servicing of the loan portfolio- Image loan documents within established timelines
1-4 years
- Bachelor's Degree in Finance, accounting or related field desired- Prior experience in loan support or loan processing helpful - Previous clerical/administrative experience in a customer service setting preferred- Participate in credit training to remain current on standards and expectations - Maintain knowledge of banking products and services - Provide exceptional customer service while maintaining knowledge of Bank policies and procedures, applicable laws and regulations/compliance requirements
- Minimum of two years prior Banking experience and/or a combination of education and experience- Have strong mathematical and analytical skills- Must be bondable- Able to research and evaluate data to make informed decisions and solve problems - Must have good writing and editing skills - Computer proficiency required - the ability to use the internet, email, and Microsoft Office Word and Excel
High School
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