Under general supervision of the Commercial Credit Manager, and in accordance with established policies and procedures, performs annual reviews and maintains tracking on all Member Business Loans; assists with credit analysis as needed.
ESSENTIAL FUNCTIONS/POSITION RESPONSIBILITIES:
Perform annual reviews for existing Member Business Loans which includes a thorough financial, cash flow, ratio and trend analysis based on updated financial information.
Affirm collateral adequacy: consideration of asset availability,
Validate that loans are in compliance with existing covenants,
Make recommendations to the Commercial Credit Manager on viability and risk of the relationship; affirm risk rating.
Prepare an objective and comprehensive written presentation which includes an assessment of the strengths and weaknesses of a credit relationship while adhering to Member Business Loan Policy standards.
Order Real Estate appraisal reports and Environmental reports for Member Business Loans when necessary.
Maintains the tracking of bids and receipt of final reports, familiarity with real estate appraisal and environmental regulations.
Spread financial statements.
Assist Commercial Credit Manager with the financial analysis of new loan requests as needed.
Assist with portfolio tracking systems as needed.
BS degree in business or related field preferred,
Minimum of 1 year of relevant experience,
Understanding of accounting principles,
Knowledge of business and personal financial statements,
Ability to use Microsoft Word and Excel extensively,
Strong written and oral communication skills required,
Organizational skills/ability to prioritize and handle a multitude of responsibilities, meet deadlines,
Proficiency in financial analysis software.