Credit Analyst

Penn State Federal Credit Union; Bellefonte (Centre County); On-site; USD 60,000 - 80,000; Full time

Job summary

Penn State Federal Credit Union is seeking a detail-oriented Credit Analyst to join our Business Lending Department in State College area. You will assess creditworthiness, analyze financial data, and support lending decisions through cash flow analyses and underwriting.

The role requires strong financial concepts, meticulous analysis, and the ability to prepare clear, actionable reports for management. Collaboration with other departments is essential to maintain sound credit policies.

Qualifications

• Associate's degree in finance, accounting, economics, or related field with two years of experience.
• Clean credit report and ability to pass background check and bond requirement.
• Strong cash flow analysis, underwriting, and tax implication knowledge.
• Proficient in financial modeling and forecasting techniques.
• Excellent analytical and detail-oriented mindset.
• Clear and effective communication; team-oriented.

Responsibilities

• Collect data to evaluate creditworthiness of individuals and businesses.
• Perform cash flow analysis to assess financial health.
• Review financial statements, tax returns, and documents for underwriting.
• Model forecasts to assess risk and returns.
• Back up Credit Support by documenting and booking loans.
• Collaborate with departments to align credit policies.
• Prepare reports summarizing findings and recommendations for management.

Skills

Cash flow analysis

Underwriting

Financial modeling

Analytical skills

Communication skills

Education

Associate's degree in finance

Job description

Job Description

Job Description

** Job Overview**
We are seeking a detail-oriented and analytical Credit Analyst to join our Business Lending Department. The ideal candidate will be responsible for assessing creditworthiness, analyzing financial data, and providing insights to support lending decisions. This role requires a strong understanding of financial concepts and the ability to conduct thorough cash flow analyses and underwriting processes. The Credit Analyst will play a crucial role in maintaining the integrity of our lending operations while ensuring compliance with industry regulations.

** Responsibilities**

• Conduct comprehensive data collection to evaluate the creditworthiness of individuals and businesses.
• Perform cash flow analysis to assess the financial health of applicants.
• Engage in underwriting processes by reviewing financial statements, tax returns, and other relevant documents.
• Utilize financial modeling techniques to forecast potential risks and returns associated with lending decisions.
• Assist as a backup to the Credit Support area in documenting and booking loans.
• Collaborate with other departments to ensure alignment on credit policies and procedures.
• Prepare detailed reports summarizing findings and recommendations for management review.

** Requirements**

• Associate's degree in finance, accounting, economics, or a related field plus two years of experience or equivalent. Candidates must have a clean credit report, pass background check and bond ability requirement.
• Strong understanding of financial concepts including cash flow analysis, underwriting, and tax implications.
• Proficiency in financial modeling and forecasting techniques.
• Excellent analytical skills with attention to detail.
• Ability to communicate complex information clearly and effectively.
• Ability to work collaboratively within a team environment.

** Candidates must be able to pass a credit check and background check.**

Company Description

Penn State Federal Credit Union is a financial institution that has been in the State College area for over 60 years. We provide a wide range of financial products and services to the Penn State community.

Company Description

Penn State Federal Credit Union is a financial institution that has been in the State College area for over 60 years. We provide a wide range of financial products and services to the Penn State community.