Loan Administrator / Credit Analyst

Job Overview

We are looking for a Loan Officer/ Credit analyst to evaluate loan applications for people or for business.

Responsibilities:

• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence
• Conduct ongoing analysis of the loan portfolios to identify, manage and monitor credit risk and changes that need to be made.
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrowers ability to repay
• Responsible for the overall quality of the residential and commercial loan portfolio and profitability of the department.
• Continually evaluate current processes and identify opportunities for increased operational efficiencies.
• Ability to write loans
• Provide constant updates, obtain approvals, promptly respond to requests and inquiries, and conduct follow-ups on any missing or pending documentation.
• Develop, propose, gain acceptance for and implement consumer lending program policy and lead activities relating to new product development with respect to consumer programs.
• Ensure appropriate legal documentation of credit transactions in compliance with company standards and approved credit terms.
• Develop individualized plans for clients to help meet their financial objectives.
• Actively partners with appropriate parties to grow new loan volume in a proactive and responsible fashion.
• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence
• Complete loan contracts and coordinate with the team on compliance
• Develop and prepare spreadsheets and models to support analysis of new and existing credit applications

Qualifications

• Bachelor's Degree in business, finance or business administration, or equivalent experience.
• Minimum 2 years experience in Private Lending Industry
• Strong attention to detail and ability to notice discrepancies in data
• Strong command of English language and good communication skills.
• Comprehensive understanding of lending and refinancing processes.
• Ability to work independently.
• Proven working experience as a Loan Administrator and/or Credit Analyst
• Familiarity with computers and banking applications/software
• Solid understanding of direct/indirect lending products and practices
• Excellent communication and interpersonal skills
• Ability to work in a goal oriented environment
• BS degree in finance, economics or a related field