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Credit Analyst
Real Estate Mortgage Lender

Community Bank is hiring a Credit Analyst

POSITION SUMMARY

The Credit Analyst is responsible for contributing to the loan decision-making process and providing in-depth credit analysis on new and existing business clients for the Bank.  The position will assist in maintaining loan files for adequate and current financial information and documentation sufficient to properly evaluate and document the creditworthiness of existing and prospective clients.  Understands and completes job responsibilities in accordance with federal and state regulations.

RESPONSIBILITIES AND EXPECTATIONS

    1. Coordinates the collection of tax returns and financial statements from new and existing customers.
    2. Contacts banks, trade and credit associations, salespeople, and others to obtain credit information including the pulling of credit reports.
    3. Analyzes the credit quality and level of risk involved with a new or existing borrower by reviewing collateral, financial statements, cash flow (including global cash flows when necessary) loan covenants, and guarantor/personal cash flows to determine repayment sources under various scenarios
    4. Meets with customers if necessary to develop credit and risk profile, ascertain additional information and to facilitate final disposition of applications.
    5. Conducts industry and economic research and forecasts the effects of findings on individual borrowers.
    6. Underwrites loan requests working very closely with lenders on structuring, risk identification/mitigation and risk ratings.
    7. Identifies loan policy and regulatory exceptions as they apply to individual loans.
  1. Monitors loan relationships for financial safety and soundness and compliance
  2. Communicates directly with loan officers and borrowers to request additional information and to resolve certain issues.
  3. Evaluates results of investigations, prepares reports of findings, and suggests credit limitations to management.
  4. Maintains database of customer credit histories.
  5. Assists with updating internal forms used for credit presentations.
  6. Reviews commercial and residential real estate appraisals.
  7. Prepares in-house real estate evaluations.
  8. Performs occasional property inspections.
  9. Occasional travel between branches as needed.
  10. Provides assistance to mortgage loan officer as needed: upload applications to portal, communication with customers.
  11. Participates in special projects as directed.
  12. Performs additional job-related duties as assigned or required.

TEAM/COMMITTEE ASSIGNMENTS

  • Loan Committee

ROLE QUALIFICATIONS

Education

  • Bachelor’s or Associate’s degree in a relevant field such as accounting, finance or business preferred

Experience

  • Minimum of one year experience in banking or financial services
  • At least 2 years of accounting or related field experience preferred

Other Skills and Abilities

  • Robust understanding of operational, legal and credit risk across the business and consumer credit sectors
  • Strong financial analysis, underwriting, risk assessment, risk mitigation and problem loan resolution skills
  • Solid accounting and math skills
  • Ability to work collaboratively with others and demonstrate flexibility and poise in dealing with a diverse range of individuals
  • Demonstrated success in building and managing individual and organizational relationships, and strong interpersonal and communication skills, both written and verbal

PERFORMANCE MEASURES

  • Meets or exceeds pre-established credit quality and policy goals by the President and CEO that are aligned with the strategic plan
  • Compliance with regulatory requirements
  • Effectiveness of communications and development of good working relationships with co-workers, subordinates and customers

WORKING CONDITIONS

  • Work is performed largely within the Bank with limited chance for personal injury.  Prolonged and frequent mental and visual concentration required.  Periodic stressful situations in response to multiple priorities within established deadlines.  Work hours are generally during normal business hours.  Unscheduled evening and weekend work may be needed to meet the needs of customers and employees.
  • Regular and routine travel between offices is required and out-of-town/overnight business travel may be required.
  • Must be able to lift and move up to 20 pounds of office supplies and equipment.  Some bending, turning, and twisting required.
  • Serves as a representative of the organization at appropriate functions.

IMPORTANT NOTE

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

This position description does not constitute an employment agreement between the Bank and employee and is subject to change by the employer as the needs of the Bank and requirements of the position change.

 

Community Bank is hiring a Real Estate Mortgage Lender


What We Offer You:

– Competitive Starting Salary (plus commission)

– Benefits (Medical, Dental, and Vision)

– 401K (up to 3% match)

– Paid Time Off

– Team Oriented Environment

 

What is Expected of You (includes but is not limited to):

  • Meet with and interviews potential and current clients to understand their lending needs, including first time mortgages, refinances of existing loans, and home equity lines of credit.
  • Explains differences between and approval requirements of various types of mortgages; prepares and presents a lending package based on client specifications.
  • Assists clients with completion of mortgage applications, inspecting completed documentation for accuracy and thoroughness.
  • Reviews applications, gathers credit histories and reports, and assesses applicants’ capacity to repay and default risk.
  • Based on the bank’s underwriting standards, assesses, then grants or rejects mortgage applications.
  • Maintains current knowledge of trends and developments in the local real estate market; current and predicted lending rates; and changes in rules, regulations, and best practices of various mortgages.
  • Develop and maintains contacts with local realtors, developers, and builders to promote and encourage the use of bank services for residential mortgages.
  • Performs other related duties as assigned.

 

What You Bring:

Education

  • High school diploma or equivalent required, college degree preferred.

Experience

  • 3 years of mortgage origination experience or related field highly preferred.

Other Skills and Abilities

  • Excellent verbal and written communication skills.
  • Strong sales and customer service focus.
  • Excellent organization skills and attention to detail.
  • Thorough understanding of Federal Housing Authority (FHA), Veterans Affairs (VA) Federal National Mortgage (Fannie Mae), and other types of construction and conventional loans.
  • Proficient with technology and bank related software.

We at Community Bank are dedicated to investing in the community and our customers, offering flexible solutions that improve their lives. We take great pride in offering banking services while being:

Capable: We connect with our customers and the community and look forward to getting to know you better.

Flexible: We’re local and different from big banks; we aren’t run by numbers or rules but rather by relationships and finding ways to meet your needs. We take genuine interest in our customers.

Simple: Our big decision makers aren’t in a skyscraper somewhere. We live in your backyard and like to keep things clear and simple in order to help our customers succeed financially.

 

Please forward your resume and cover letter to ambendt@communitybankwi.com or call 715-458-2513 ext. 212 for more information.

An Equal Opportunity Employer.