Looking for more than just a job?
We’re looking for a motivated Junior Commercial Lender/Commercial Analyst & Lender to join our team and play a key role in evaluating commercial lending opportunities, supporting loan officers, and ensuring safe, sound credit decisions. In this dynamic role, you’ll combine financial analysis, risk assessment, relationship development, and loan operations to help us deliver exceptional service to our commercial and small business members. If you’re ready for a role that challenges you, supports your growth, and accelerates your path in commercial lending, this is the opportunity for you.
At Valley Credit Union, we offer a dynamic work environment where you can grow your career and enjoy excellent company benefits. Our strong culture, driven by our Cultural Beliefs, supports and empowers every team member. We believe it truly matters where you belong, and we invite you to be a part of our vibrant team. Join us and make a difference!
VISION STATEMENT
Building relationships with people in our communities.
MISSION STATEMENT
Uniting to achieve your dreams.
SUMMARY
The Junior Commercial Lender/Commercial Analyst and Lender role combines credit analysis expertise with direct lending responsibilities to support business members in achieving their financial goals. This position is responsible for originating, underwriting, servicing, and processing commercial loans. The role involves evaluating creditworthiness, structuring loan terms, and maintaining compliance with internal policies and regulatory requirements. The Junior Commercial Lender/Commercial Analyst and Lender will actively develop and manage small commercial member relationships, ensuring exceptional service and sound credit decisions. This role will primarily perform credit analyst duties while managing loans at or below $150,000.
ESSENTIAL DUTIES
Responsible for meeting all established service goals.
Responsible for supporting commercial loan officers with credit analysis or other duties as assigned.
Responsible for the review and independent, objective underwriting of business/commercial loans which includes collecting appropriate documentation and creating thorough and concise analyses of the risks and mitigation factors of current and prospective commercial loan relationships, including reviewing and analyzing the borrowers’ and guarantors’ financial statements and preparing debt service coverage analyses and assessments of collateral.
Compare liquidity, profitability and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic location.
Attend client calls with commercial loan officers, as necessary, to develop more information on the companies being analyzed and to better assess the risks associated with the credit.
Prepare, review and issue standard term sheet letters to members.
Manage credit renewals and maturities via portfolio monitoring. Interact with commercial loan officers to obtain appropriate information to complete a credit analysis.
Perform annual loan reviews of our existing portfolio to determine continued repayment capacity and potential risks. Create thorough and concise analyses of business and/or personal tax returns and financial statements for all member business loans that meet the required guidelines set within the MBL Commercial Lending Policy.
Accurately input financial and loan data into Valley’s financial analysis tools. Proficiently evaluate and extract data from the financial analysis of members.
Originate and structure commercial loan requests under $150,000 in accordance with policy and regulatory guidelines.
Develop and maintain relationships with small business and commercial members to identify lending opportunities.
Attend Member Business Loan (MBL) meeting to provide input and recommendations on the financial soundness and condition of business loan requests presented by commercial loan officers.
Recognize and proactively address risk, including but not limited to, those associated with Bank Secrecy Act, anti-money laundering, fair lending and privacy.
Consult with members to verify financial and credit transactions.
Assemble loan files, process loan documents, maintain tickler lists, and board loans to Valley’s core system.
Responsible for UCC and Title Lien filings and tracking.
Responsible for preparation of loan perfection documentation and tracking.
Keep abreast of current trends within the industry to maintaining peer relationships, attending seminars, workshops and reading industry periodicals.
Understand and comply with all lending policies and procedures for commercial and construction loans.
Perform any additional duties as assigned.
KNOWLEDGE, SKILLS, and ABILITIES
Thorough knowledge of lending, credit and accounting concepts.
Thorough knowledge of credit union loan products and applicable policies and standards.
Ability to perform job functions independently or with limited supervision and work effectively either on own or as part of a team.
Knowledge of word processing, spreadsheet, email software and use of the Internet. Must be proficient in Microsoft Office programs including Word and Excel.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to calculate interest, commissions, discounts, proportions, and percentages and to compute rate, ratio and percent. Ability to apply mathematical concepts such as probability and statistical inference.
Ability to demonstrate high levels of accuracy and attention to detail.
Ability to deal calmly and professionally with diverse personalities and cultures at various levels within and outside of the organization.
Excellent problem solving and analytical skills required. Ability to read, analyze, and interpret the most complex documents, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedures.
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Ability to communicate with others inside and/or outside the organization, both verbally and in writing, generally regarding routine matters for the purpose of giving and obtaining information, as well as advising or referring.
Ability to establish priorities, set goals and meet deadlines in an accurate and efficient manner. Ability to effectively handle multiple, simultaneous, and changing priorities.
Ability to exercise courtesy, tact, and diplomacy. Ability to demonstrate highest levels of customer service and discretion when dealing with the public.
RESPONSIBILITIES & EXPECTATIONS
Demonstrate and consistently follow Valley's Cultural Beliefs:
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Own It – accountable for work / achieving goals
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Know It – knowledgeable of products and services to help members
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Find a Way to Say YES – focus on what we can do
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Come Together – work well with others / share knowledge
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Community Servers – positive ambassador
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Relationship Matters – develop and maintain positive relationships.
Know and understand the mission and vision of the Credit Union. Strictly adhere to the Credit Union's policy of confidentiality, security, professional conduct, and dress.
Maintain a professional image when working with members and coworkers.
Maintain current knowledge of all rules and regulations and perform at all times in compliance with laws and regulations relating to the position and Credit Union.
Develop a thorough knowledge of Valley’s products and services in order to explain and promote them to members and nonmembers based on their needs.
Maintain absolute integrity and high sense of ethical behavior, both on and off the job.
Serve as a representative of the Credit Union by participating in community and civic functions and professional organizations.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
SUPERVISORY RESPONSIBILITIES
This position does not have any supervisory responsibilities.
EDUCATION and/or EXPERIENCE
Bachelor’s degree (BS) in Business Administration, Finance, Accounting or Economics, or related field from a four-year college or university; minimum of one-year related commercial lending or credit analysis experience and/or training preferred, or equivalent combination of education and experience.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to sit and/or stand; climb or balance; and stoop, kneel, crouch or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Able to routinely perform work on computer for an average of 6-8 hours per day, as necessary.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
