The Commercial Portfolio Analyst/Senior Commercial Portfolio Analyst manages an existing commercial loan portfolio by analyzing financials and timely identifying risk within the portfolio. Key responsibilities include collecting and tracking annual financial requirements, analyzing the financials of existing borrowers, recommending risk ratings, monitoring the health of the overall commercial loan portfolio, and assisting with new loan requests as needed.
All job positions at 7 17 Credit Union may be assigned further duties with or without notice, verbally or in writing. Essential duties and responsibilities include the following.
Primary Duties - Portfolio Management
-
Analyze existing business and commercial loans and evaluate ongoing performance levels, and ensure compliance with specific performance requirements
-
Complete financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis
-
Partner with borrowers, lenders, legal counsel, commercial loan officers, and servicing regarding ongoing commercial loan administration
- Request, collect, and review quarterly and annual financial documentation
- Create and present relevant loan portfolio reports as required, and provide insights and strategic business recommendations
- Maintain compliance monitoring database that tracks credit approval requirements and receipt of member's financial reporting requirements
- Manage and process requests relating to various areas of Commercial Lending Servicing
- Prepare reports for the Special Asset Committee (SAC) and maintain SAC files for review by auditors/regulators
-
Prepare monthly ALLL specific reserve reports for commercial loans
Secondary Duties – New Loan Underwriting and Miscellaneous
-
Manage personal underwriting pipeline of smaller, less complex loans ensuring loan requests are reviewed timely and accurately
-
Perform due diligence and develop financial projections for loan requests submitted to underwriting, ensuring that requests meet policy and guideline requirements
-
Accurately risk rate proposed loans utilizing all available information
-
Write detailed credit approval memorandums based on the financial trends and ratios and present to the appropriate level of approval authority
-
Ensure credit proposals underwritten and presented for approval are compliant with Board Policy and NCUA regulations
-
Keep abreast of changes within the regulatory environment to ensure compliance while responding to inquiries from auditors and regulatory agencies as necessary.
-
Complete annual regulation training as assigned.
-
Perform all other duties as assigned.
This position manages the following jobs: None
Internal and External Contacts: Other Employees, Members, Vendors , Corporate Management
Confidentiality Requirements: Must keep members' transactions and other Credit Union business in strictest confidence.
Travel Demands: Occasionally travel to vendors or business customers.
Prerequisite Education:
1. High school diploma or equivalent required
2. Undergraduate degree in Business, Finance or Economics preferred
Prerequisite Experience:
- Five years of financial institution experience required, with at least five years (senior portfolio analyst) or two years (portfolio analyst) in commercial loan underwriting, portfolio management, or credit administration in banking or other similar industries
-
Excellent communication skills and ability to deal with others in a friendly, courteous and efficient manner
-
Meticulous attention to detail
-
Strong problem-solving ability
Proficient with Microsoft Word, Excel and personal computer programs (such as Loan Origination or document preparation software)
-
Other Prerequisite Requirements of the Position:
-
Ability to learn loan origination system and underwriting software
-
Must be able to handle information in strict confidence
-
Ability to proceed on own initiative
Required knowledge, skills and abilities once in the job:
Customer service attitude and skills to include:
Team player attitude, commitment, patience, enthusiasm, creativity, listening, comprehension, initiative, cooperation, attention to detail, resourcefulness
Professionalism to include:
Confidence, good judgment, appropriate demeanor and appearance, ability to interact with employees and members
Skills to include:
Problem solving, decision making, time management, interpersonal communications, organization, ability to work independently, flexibility
Must be accurate and thorough in underwriting and reviewing loans
Certifications, licenses required once in the job: None.
Physical, Mental or Visual 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to: stand, walk, sit, use hands to finger, handle, or feel objects, tools, or controls, reach with hands and arms, climb or balance, talk
This job regularly requires the employee to lift _1__ to _20_ pounds __5_ times per day.
Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, the ability to adjust and focus.
Working Conditions: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the environment is usually moderate.
