Job Details

Job Type

Full-time

Description

Primary responsibility will be to analyze financial statements, prepare credit presentations, and maintenance of the financial analysis database. This position will receive minimal supervision in the performance of duties and responsibilities; therefore needs to be a self-starter & motivator. Work is evaluated based on accuracy, timeliness, and results.

Principal Duties and Responsibilities:

• Evaluate new loan applications to insure proper completion and submission of required financial information.
• Spread and analyze financial statements to complete the financial credit analysis; complete required cash flows, debt ratios, debt service coverage. Obtain credit reports.
• Advise loan officers of additional information or documents that may be required.
• Based on loan information review, the Analyst will recommend approval or denial of loan packages.
• Prepare credit presentations in accordance with the Member Business Loan Policy and procedure guidelines.
• Create and maintain financial statement files and tracking in accordance with the Member Business Loan Policy and procedure guidelines.
• Coordinate periodic requests for financial statement information as determined by loan officers.
• Maintain and prepare reports and correspondence; develop and monitor information data bases.
• Manage and assist loan officers with allowance for loss reports.
• Provide quality service to members (internal staff & credit union members) and be responsible for accurate, efficient preparation and facilitation of loan packages and transactions for all types of agriculture, commercial, member business accounts within strict time constraints.
• Accurately input loan data to applicable systems to control the flow and timeliness of applications and assure all requirements are met.
• Maintain a thorough knowledge of federal and state laws and regulations along with knowledge of our products and procedures.
• File documentation and updated information to keep files current as well as maintain supporting schedules
• Maintain a pending file for lien perfections. Input expiration dates and follow-up monthly on ones that are missing. Verify VINs.
• Recommend which covenants are needed based on file analysis.
• Perform financial analysis on companies doing ACH payroll transactions through WCCU. Work with the Operations Department on findings.
• Perform other duties as required and assigned.

Work Relationships and Scope: Reports directly to the Business Lending Administration Manager. Will have regular contact with employees of the Lending Department.

Performance Dimensions:

• Must maintain the integrity of confidential business information and follow all guidelines on confidentiality.
• Provide outstanding services to co-workers & members.
• Possess the ability to attend to numerous details with frequent interruptions under the stress of maintaining courteous, effective, and timely relations with a variety of individuals and personalities.
• Promotes quality, accuracy, timeliness, reliability, and thoroughness of work performed.
• Is punctual, flexible, reliable, and demonstrates a friendly and helpful attitude.
• Possess ability to gain the trust and respect of members, management, and employees. Also maintains a positive, professional, team-oriented working relationship with staff and outside vendors.
• Enhance job growth through continuing education, as required or necessary.

Requirements

Knowledge, Skills and Abilities Required:

Education/Experience:

• Bachelor's Degree in accounting or business or related field preferred.
• Knowledge of laws and regulations governing business lending practices desired. Minimum of two years of experience in financial statement analysis.

Skills and Abilities:

• Excellent communication skills and proven effectiveness in working with management, loan originators, and loan applicants. Also work in a courteous, respectful and efficient manner with all coworkers.
• Ability to safeguard all confidential financial and personal information.
• Ability to work with a wide range of personalities in a courteous, effective, and efficient manner.
• Knowledge and ability to apply current financial service industry standards, laws, and regulations.
• Ability to present ideas, report facts and other information clearly and concisely.
• Proficient knowledge of the Microsoft Suite (Outlook, Word, Excel, PowerPoint).
• Proficient operation of a variety of general office equipment such as a computer, software applications, typewriter, calculator, telephone, copy machine, fax machine and other similar devices or programs related to the position.

Working Conditions:

Job Conditions/Work Location: The majority of work will be performed in a normal office environment. Hours of work will generally be during regular business hours. There will be some variation in work hours due to special projects, deadlines, education and other concerns. The noise level in the work environment is usually moderate. Will make periodic visits to branch locations.

Physical Requirements: Ability to sit for extended periods of time, regularly access files (some standing, walking, climbing, bending, stooping, lifting and carrying of usually light materials.) Frequent mental and visual concentration required for computer usage.

Equipment Used: Various software programs, telephone, computer, copy machine, calculator, fax machine, and other office equipment.

Hazards: Only those present in a normal office setting; no known hazards. In the course of working with the public, the employee may, on a very limited basis, encounter abusive, aggressive or unpredictable threatening behavior. Must observe safety and security practices at all times.

Acknowledgment: This job description describes the general nature and level of work performed by the employee assigned to this position. It does not state or imply that these are the only duties and responsibilities assigned to the job. The employee may be required to perform other job-related duties as requested by leadership. All requirements are subject to change over time and to possible modifications to reasonably accommodate individuals with a disability.