Commercial Loan Underwriter & Risk Analyst

Maine Credit Union League; Waterville (ME); Hybrid; USD 38,000 - 57,000; Full time

Benefits offered by this job

Remote work allowed

Job summary

New Dimensions FCU's Operations Center in Waterville is seeking a credit professional to analyze, underwrite, and monitor commercial credit relationships, evaluating financial statements, cash flow, collateral, and industry conditions to support sound lending decisions.

The role includes periodic reviews, accurate documentation, compliance with lending policies and regulations, and collaboration with client credit unions.

Qualifications

• Three to five years of similar or related experience.
• A two-year college degree or 5+ years of experience in the field.

Responsibilities

• Analyze commercial loan requests, renewals, and modifications by evaluating financial statements, cash flow, collateral, guarantor support, industry conditions, and repayment capacity.
• Conduct portfolio monitoring and annual reviews for commercial lending relationships serviced through the CUSO, assess covenant compliance and risk rating accuracy.
• Maintain accurate and complete credit documentation and support audits/examinations to ensure adherence to risk management practices.

Skills

Credit underwriting

Financial analysis

Portfolio monitoring

Risk assessment

Communication

Education

Two-year college degree

Job description

New Dimensions FCU's Operations Center in Waterville is seeking a credit professional to analyze, underwrite, and monitor commercial credit relationships, evaluating financial statements, cash flow, collateral, and industry conditions to support sound lending decisions.

The role includes periodic reviews, accurate documentation, compliance with lending policies and regulations, and collaboration with client credit unions.