Credit Analyst

Position Summary: Assists credit team in analyzing warehouse lending credit opportunities and managing the credit pipeline.

 

• Prepare loan worksheet, credit authorization summary, and financial statement review to analyze financial data and quality of management to evaluate a customer's financial capacity
• Manage pipeline assignments of new requests, existing customer renewals, and modifications
• Ensure all new client credit submissions and approvals are set up in the system
• Responsible for completing agreements based on credit approval
• Send customer requests for renewal applications and track for return and completeness
• Set up new warehouse lending customers on the warehouse platform; onboarding and customer training on warehouse lending systems and offered products
• Develop and document standard operating procedures for internal audits and training purposes
• Liaison between attorneys and customers ensuring all documents are complete and signed
• Liaison between sales staff, relationship managers, and loan operations management
• Regular, reliable, and predictable attendance.

 

• Counterparty monitoring of current customers and approved takeout investors for covenants, performance, and watch list proposals
• Lead and participate in department projects as assigned
• Day to day customer service
• Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
• All other duties as assigned.

• Bachelor’s degree in finance, accounting, business or related field. (required)
• 2 years' experience in mortgage banking or mortgage warehouse lending operations, training and/or sales management (preferred)

• Knowledge of Mortgage Banking Origination, Capital Markets, and how to process sales
• Knowledge of loan closing, loan underwriting, and loan sales
• Knowledge of process management and mortgage related data systems
• Knowledge of loan sale settlement process
• Ability to communicate with internal and external customers and problem solve
• Strong analytical ability

In terms of an 8-hour workday, “occasional” equals 1% to 33%, “frequent” equals 34% to 66%, and “continuous” equals 67% to 100%. However, some duties are performed monthly, annually, or sporadically throughout the year and are essential functions. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions of the position.

• Continuous stationary position, particularly, but not limited to, at a desktop computer
• Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use
• Continuous communication: verbal and written, in-person, phone and electronic