Business Lending Analyst

Under the direction of the Manager this position is responsible for underwriting new and existing loan relationships. It reviews, analyzes, and interprets business financial performance. It spreads, assembles, and accurately presents borrower financials. It underwrites and assesses the value of collateral for loan security. It generates analysis summaries of credit for new originations and periodic credit reviews of the existing portfolio.

It effectively communicates credit findings to relevant parties. Identifies additional sales opportunities and offers products to borrowers. Business Lending Analysts decision all loans within their respective designated lending authority. When applicable, additional credit approval is obtained from relevant parties.

Provides in-depth analysis and underwriting of business, commercial and industrial loan applications. Provides in-depth analysis and review of existing commercial loans. Identifies needs of existing business membership and communicates future opportunities. Provides high quality and professional service to business members. Supports credit union departments and branches. Works with staff to improve operations. Ensures the accuracy of commercial loan applications submitted for committee approval.

• Maintaining the analysis, evaluation, and decisioning of business loan applications per credit union policy, procedure, and industry standards
• Communicates with borrowers directly. Resolves any borrower questions or concerns. Seeks out answers to credit related questions, issues, and needs.
• Spreads financial information of new loan applications to provide sufficient understanding of the borrower’s financial position, managerial strategy, and expected financial performance.
• Analyzes financial statements and formulates questions about borrowers and guarantors to understand leverage position and risk.
• Tests presumed collateral value and performance. Understands and applies the sales comparison, income capitalization, and other relevant methods.
• Provides brief written analysis for the screening of all new loan originations. This includes but is not limited to the analysis of management, financial statements, and collateral. Identifies key risks to repayment sources and provides mitigants.
• When necessary, provides written analysis for a credit presentation to senior management, ALM, and those with elevated credit approval authority.
• Evaluates entity structure for loan documents. Communicates with borrower on any additional documentation required for closing.
• Understands business entity structures and documentation requirements for the purposes of lending. When applicable, consults with 3rd party legal counsel on more complex or nuanced entity issues.
• When applicable, obtains applicable credit, collateral, or rate/term waivers.
• Understands processor functions and can process loans through closing.
• Provides borrowers with loan decisions.
• Accurately evaluating proposed collateral
• Evaluates collateral listed and determines eligibility for lending purposes.
• Evaluates and determines if borrowers have sufficient credit qualifications for collateral requested.
• Evaluates collateral value source(s) and ensures proper valuation of collateral is completed.
• When applicable, completes an Auto Check report. Evaluates and determines any possible credit stipulations due to findings of report.
• When applicable, modifies stipulations to credit approval based on the due diligence findings of the proposed subject collateral.
• Reviews dealer documents, registration documents, and any other ownership documentation provided to ensure the credit union can obtain a lien on the collateral.
• Reviews transfer of ownership documents to ensure processing matches loan contract.
• When applicable, obtains applicable acceptable or unusual collateral waivers.
• Supporting management in monitoring the loan portfolio
• When necessary, collects required financial reporting from borrowers.
• Analyzes financial statements of borrowers to provide sufficient understanding of the borrower’s current financial position, current financial performance, and expected strategic performance.
• When applicable, measures…