Job TitlePolish & Slavic Federal Credit Union is committed to supporting our employees' overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as, a Birthday Day off.
Core Responsibilities:
Review and analyze MBL loan applications, financial statements, tax returns, credit reports, and other supporting documents for businesses.
Perform financial analysis, including cash flow analysis, to determine the financial viability of the loan and the level of risk involved.
Perform all processing functions, like ordering credit reports, appraisals, appraisal reviews, flood determinations, funds verification, etc. Follow up on missing documents and/or information with the Business Loan Consultant.
Communicate with borrowers during the application process as needed.
Conduct in-depth due diligence on potential borrowers to verify the accuracy of information and ensure compliance with lending policies and regulations.
Prepare credit write-ups.
Communicate loan decisions to clients and collaborate with other internal teams. Support closing team with collecting required documents and information from borrower(s) in preparation for closing, review pre-closing conditions and gather the necessary approvals to proceed with closing.
Assist portfolio administration team with collecting documents required for annual reviews.
Assist management in preparing monthly closing pipeline reports.
Perform other duties as assigned by manager or as needed.
Requirement:
Minimum 2 years' experience in lending field or financial environment, workflow organization and processing procedures. Comprehensive knowledge of commercial and business lending with completion of formal commercial loan analysis education on the evaluation of financial statements and tax returns, or prior work experience.
Pay: $27.57 - $33.94 per hourAN EQUAL OPPORTUNITY EMPLOYER
