What are the responsibilities and job description for the Credit Analyst position at Commonwealth Business B?
LOCATION: HQ (Los Angeles, CA - On-site)
POSITION OVERVIEW
Entry level credit position to underwrite and process new loan request; Servicing existing portfolio and its management
POSITION RESPONSIBILITIES
- Ensures all information is accurate and complete. All guidelines, policies and procedures, and regulation are to be followed
- Supports credit lending decisions by assisting in analyzing commercial loan requests, underwriting, structuring, and the closing of commercial loans
- Creates financial spreadsheets; analyze business and global cash flow under the direction of manager on initial credit eligibility/review
- Collects and analyzes 3rd party reports such as (UCC, Experian, Corp Search, etc)
- Understands the basics of legal corporate structure
- Timely collection of financial and other ticker updates
- Services assigned portfolio’s new and existing clients
- Comply fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti Money Laundering, Code of Conduct, and etc.). Must complete all required training
SKILLS / QUALIFICATIONS
- Ability to work on multiple tasks simultaneously
- Excellent time management
- Working knowledge of Microsoft Office
- Effective written, verbal and organizational skills and meticulous attention to detail
EDUCATION / EXPERIENCE
- Bachelor’s degree