Department: Credit Administration

Grade: 13, Exempt $87,181 annual to $130,739 annual

Report To: Underwriting Manager

SUMMARY:

With the goal of enhancing lives, fulfilling dreams and building communities, this position performs financial and credit analysis for loan requests under Business Services to ensure accuracy, consistency, compliance, while maintaining the credit quality of the Business Services loan portfolio.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

•Maintains a thorough understanding of NCUA and DFI regulations as they apply to commercial and business lending.

•Evaluates new and subsequent loan requests, analyzes financial information, and drafts credit presentations ensuring all information is true and accurate. Ensures the protection of the credit union’s interests in the exercise of sound credit decisions.

•Drafts complete loan reviews and assures loans are risk rated appropriately. Recommends changes in risk ratings as warranted.

•Assists in managing covenant compliance and loan exceptions. Utilizes financial analysis software with the ability to independently spread and analyze complex financial statements, demonstrating the ability to understand key financial ratios and trends.

•Reviews financial analyses from other Credit Analysts when necessary and assures accuracy of information in conformance with NCU policy.

•Demonstrated mastery of financial spreading including company prepared financials, tax returns, CPA Compiled/Reviewed/Audited and Agricultural Budgets.

•Mastery of underwriting Commercial Real Estate, Commercial and Industrial (C&I), Contractor lending, and Small Business Administration guaranteed lending. Knowledge of Agricultural Lending is a plus.

•Ability to recommend loan structure, conditions, and monitoring of commercial credits.

•Advanced understanding of key C&I operating ratios including their formulas.

•Proven ability to calculate borrowing base certificates and their usage, term loan reviews, and covenant calculations.

•Proven ability to write a professional credit presentation/display.

•Fundamental knowledge of third party due diligence including title insurance, appraisal, flood determination, UCC searches, and environmental due diligence.

•Required mentoring of Underwriter I’s to assist in their development.

•Assures compliance of all business services policies, applicable laws, and regulatory guidelines and recommends development of any necessary changes in procedures to assure compliance.

•Maintains knowledge and adheres to all BSA regulations and compliance standards on internal and external policies.

•Effectively incorporates concepts of CARES Principles in daily behaviors and interactions:

Connect – Create meaningful relationships

Ask – Be intentionally curious

Resolve – Actively seek solutions

Elevate – Never stop improving

Strengthen – Be the difference

SUPERVISORY RESPONSIBILITIES:

This position has no formal, direct supervisory responsibilities although will work with leaders and peers in the organization to drive results.

PERFORMANCE STANDARDS:

Contributes to the organization's mission statement and goals by providing the highest quality of service, treating each person professionally - with warmth, courtesy, and respect, and making a personal effort to make members feel they belong and are important to the credit union.

EDUCATION and/or EXPERIENCE:

A Bachelor’s degree in Business or a related field, plus 5 years of experience in commercial lending and credit analysis or an equivalent combination of experience or education. Additional training in financial analysis is preferred. Must have strong credit, technical business writing, and communication skills. Working knowledge of the SBA SOP is preferred.

CERTIFICATES, LICENSES, REGISTRATIONS:

None Required.

SKILLS and ABILITIES:

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers or members.

A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and is usually of a personal or sensitive nature. Work may involve motivating, influencing or training others. Outside contacts become important and fostering sound relationships with others becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Ability to operate standard office equipment such as photocopier, fax machine, word processor, personal computer and such other equipment normally found in a credit department of financial institutions. Ability to lift up to 25 lbs.

Disclaimer: The job description does not imply an employment contract, nor is it intended to include every duty, task or instruction for which the employee is responsible. Other tasks may be assigned, based on business need and at Management’s request.

Numerica Credit Union Benefits and Perks -

https://www.numericacu.com/globalassets/images/pdfs/employee-benefits-summary-numerica.pdf

Numerica Credit Union is an Equal Opportunity/Affirmative Action Employer

Numerica Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for purposes of participating in the application/hiring process with Numerica Credit Union. If you are unable or limited in your ability to use or access Numerica Credit Union’s career page at www.numericacu.com as a result of your disability, you can request reasonable accommodations by reaching out to your recruiter.