Business Banking Credit Analyst

Aberdeen Proving Ground Federal CU - Edgewood, MD

Full-time - Mid Level

Edgewood, MD

About the position

The Business Banking Credit Analyst at APGFCU is responsible for assessing and monitoring credit risks associated with high-dollar loan applications and the commercial loan portfolio. This role involves conducting detailed financial analyses, evaluating repayment capabilities, and ensuring compliance with regulatory guidelines. The analyst will also enhance the credit union's community image through participation in local organizations and events, contributing to the overall goals of the credit union.

Responsibilities

• Manage business banking loan files to ensure compliance with regulatory guidelines and credit union policies.
• Determine the credit risk profiles of existing and potential loan relationships based on financial analysis, scenario models, and market conditions.
• Prepare comprehensive loan presentations, ensuring all deal aspects and risks are accurately represented and ready for approval.
• Participate in structuring loan requests, suggesting terms, conditions, controls, collateral, and guarantors as necessary.
• Analyze financial statements and prepare models to assess various scenarios impacting proposed transactions.
• Ensure that financial covenants, reporting requirements, and loan documentation are adhered to throughout the loan process.
• Assess all relevant credit and financial information, including financial statements, tax returns, due diligence reports, credit reports, appraisals, and industry research.
• Work with the VP of business banking to manage deal flow and monitor the quality of the credit portfolio.
• Implement processes and procedures recommended from internal and external audit points, addressing any issues raised by regulators.
• Stay updated on accounting standards and financial analysis best practices.
• Engage in departmental projects and complete related tasks as assigned.
• Serve as a point of contact for business members, addressing questions or concerns during credit evaluations.
• Compile and maintain economic data relevant to national, regional, and industry-specific trends.
• Assess property appraisals and related documentation.
• Accompany loan officers on client calls to gather information for analyses.
• Conduct credit inquiries and update information regarding commercial borrowers.
• Maintain organized and accessible business lending credit files.
• Provide support to loan officers and assist with member service needs as required.

Requirements

• Bachelor's Degree in Finance, Accounting or Business Administration required.
• Minimum of three years of commercial loan underwriting experience, including in-depth knowledge of financial statement analysis, lending regulations, and structuring of commercial credit transactions required.
• Extensive experience in reviewing and understanding financial statements as a tool in making credit decisions.
• Strong writing skills and experience in preparing loan request packages.
• Proficient computer literacy in Microsoft Suite, with concentration in Word and Excel.
• High level of interpersonal skills, excellent communication, sales, relationship management and public relations skills.
• Experience in advising loan applicants and assessing loan applications.

Nice-to-haves

• Certifications in finance or related fields are a plus.
• Proficiency in preparing financial projections, assessing collateral reports, and conducting thorough risk assessments.

Benefits

• Competitive pay
• Great benefits