COMMERCIAL PORTFOLIO ANALYST

7 17 Credit Union; Warren (OH); On-site; USD 85,000 - 110,000; Full time

Job summary

7 17 Credit Union is seeking a Commercial Portfolio Analyst/Senior Commercial Portfolio Analyst in Warren, Ohio to manage an existing commercial loan portfolio by analyzing financials and identifying risk in a timely manner.

Key duties include collecting annual financial requirements, analyzing borrowers’ financials, recommending risk ratings, monitoring portfolio health, and assisting with new loan requests as needed.

Qualifications

• Five years of financial institution experience required, with senior or portfolio underwriting experience preferred.
• Excellent communication skills and ability to work with colleagues and members.
• Meticulous attention to detail and strong problem-solving ability.
• Proficient with Microsoft Word, Excel and related PC programs such as loan origination software.

Responsibilities

• Analyze existing business and commercial loans, evaluating performance and compliance with requirements.
• Complete financial and repayment analyses focusing on cash flow, liquidity and leverage.
• Collaborate with borrowers, lenders, legal counsel, loan officers and servicing on loan administration.
• Collect and review quarterly and annual financial documentation.
• Prepare loan portfolio reports and provide insights and recommendations.
• Maintain credit approval monitoring database and SAC files for auditors.

Skills

Communication skills

Attention to detail

Problem solving

Independent work

Education

High school diploma

Undergraduate degree in Business/Finance/Economics

Tools

Microsoft Word

Excel

Loan Origination software

Job description

Job Details

Job Location: Warren, OH 44483

The Commercial Portfolio Analyst/Senior Commercial Portfolio Analyst manages an existing commercial loan portfolio by analyzing financials and timely identifying risk within the portfolio.

Key responsibilities include collecting and tracking annual financial requirements, analyzing the financials of existing borrowers, recommending risk ratings, monitoring the health of the overall commercial loan portfolio, and assisting with new loan requests as needed.

Primary Duties – Portfolio Management

• Analyze existing business and commercial loans and evaluate ongoing performance levels, and ensure compliance with specific performance requirements
• Complete financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis
• Partner with borrowers, lenders, legal counsel, commercial loan officers, and servicing regarding ongoing commercial loan administration
• Request, collect, and review quarterly and annual financial documentation
• Create and present relevant loan portfolio reports as required, and provide insights and strategic business recommendations
• Maintain compliance monitoring database that tracks credit approval requirements and receipt of member's financial reporting requirements
• Manage and process requests relating to various areas of Commercial Lending Servicing
• Prepare reports for the Special Asset Committee (SAC) and maintain SAC files for review by auditors/regulators
• Prepare monthly ALLL specific reserve reports for commercial loans

Secondary Duties – New Loan Underwriting and Miscellaneous

• Manage personal underwriting pipeline of smaller, less complex loans ensuring loan requests are reviewed timely and accurately
• Perform due diligence and develop financial projections for loan requests submitted to underwriting, ensuring that requests meet policy and guideline requirements
• Accurately risk rate proposed loans utilizing all available information
• Write detailed credit approval memorandums based on the financial trends and ratios and present to the appropriate level of approval authority
• Ensure credit proposals underwritten and presented for approval are compliant with Board Policy and NCUA regulations
• Keep abreast of changes within the regulatory environment to ensure compliance while responding to inquiries from auditors and regulatory agencies as necessary
• Complete annual regulation training as assigned
• Perform all other duties as assigned

Travel Demands

Occasionally travel to vendors or business customers

Qualifications

Prerequisite Education

• High school diploma or equivalent required
• Undergraduate degree in Business, Finance or Economics preferred

Prerequisite Experience

• Five years of financial institution experience required, with at least five years (senior portfolio analyst) or two years (portfolio analyst) in commercial loan underwriting, portfolio management, or credit administration in banking or other similar industries
• Excellent communication skills and ability to deal with others in a friendly, courteous and efficient manner
• Meticulous attention to detail
• Strong problem-solving ability
• Proficient with Microsoft Word, Excel and personal computer programs (such as Loan Origination or document preparation software)

Other Prerequisite Requirements of the Position

• Ability to learn loan origination system and underwriting software
• Must be able to handle information in strict confidence
• Ability to proceed on own initiative

Required Knowledge, Skills and Abilities Once in the Job

• Customer service attitude and skills to include: team player attitude, commitment, patience, enthusiasm, creativity, listening, comprehension, initiative, cooperation, attention to detail, resourcefulness
• Professionalism to include: confidence, good judgment, appropriate demeanor and appearance, ability to interact with employees and members
• Skills to include: problem solving, decision making, time management, interpersonal communications, organization, ability to work independently, flexibility
• Must be accurate and thorough in underwriting and reviewing loans

Certifications, Licenses Required Once in the Job

None

Physical, Mental or Visual 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: stand, walk, sit, use hands to finger, handle, or feel objects, tools, or controls, reach with hands and arms, climb or balance, talk.

This job regularly requires the employee to lift 1 to 20 pounds 5 times per day.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, the ability to adjust and focus.

Working Conditions

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 environment is usually moderate.