Credit Analyst/Underwriter

Fidelity Federal Savings & Loan

Basic Function:

The Credit Analyst develops loan requests, provides documentation, and prepares loan presentations for the loan department. Performs and documents credit underwriting for new and existing commercial loans while adhering to bank guidelines. Assists in the periodic collection and review of updated financial documentation ensuring a proper credit level is maintained.

Key Responsibilities/ Specific Job Functions:

• Compile spreadsheets utilizing tax returns and financial statements
• Prepares annual reviews, credit approval forms and memos to document credit analysis of existing and potential borrowers
  • Identifies and evaluates primary and secondary repayment sources under various scenarios including collateral and guarantors
  • Recommends loan structure
  • Suggests risk rating
  • Monitors loan relationships for financial covenant compliance
• Underwrites all loans and communicates directly with loan officers and borrowers to request additional information to resolve issues
• Produces monthly and quarterly reports to document loan portfolio performance and to fulfill regulatory requirements
• Reviews commercial and residential real estate appraisals
• Participates in special projects as directed
• Maintains understanding of the Bank’s Lending Policy and applicable lending related policies and procedures as they apply to individual loans
• Ability to communicate effectively with the team and community to cultivate working relationships
• Participates in Loan Administration meetings and projects
• Provides information for regulatory reporting and audit queries.
• Performs additional job-related duties as assigned or required

Knowledge, Skills and Abilities:

• Experience with residential, commercial and consumer loans
• Proficient with MS Office software
• Excellent customer service
• High degree of accuracy and attention to detail
• Analytical skills and problem solving
• Results focused
• Excellent organizational skills and ability to manage multiple tasks quickly and proficiently.
• Excellent written and verbal communications skills
• Desire to work with and meet customer needs
• Knowledge of all loan products and services
• Knowledge and compliance with company policies and procedures including, but not limited to, federal regulations:
  • Bank Secrecy Act & Anti-Money Laundering
  • Community Reinvestment Act
  • Americans with Disabilities Act
  • Right to Financial Privacy Act
  • Gramm-Leach Bliley Act

• Ability to read, analyze, and interpret technical journals, financial reports, and legal documents.
• Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
• Ability to effectively present information in one-on-one and small group situations to customers.

Requirements:

• Bachelor’s degree in business, and/or commensurate work experience

Preferred:

• Experience in utilizing and administrating loan systems including Laser Pro and Encompass.
• Utilization and proficiency with Abrigo/Sageworks and Crystal Reports

*The company reserves the right to add or change duties at any time.