Catalyst Corporate Federal Credit Union - Plano, TX

posted 3 months ago

Full-time - Mid Level
Plano, TX
1,001-5,000 employees
Credit Intermediation and Related Activities

About the position

The Member Credit Analyst plays a vital role at Catalyst Corporate Federal Credit Union, focusing on supporting the company's loan participation program and lending activities. This position combines traditional lending responsibilities with analytical tasks and elements of investment activities. The ideal candidate will have a strong background in analytics, particularly with relational databases, business intelligence platforms, and predictive modeling software. The Analyst will be responsible for compiling and analyzing data from clients, ensuring that unstructured data is ingested and validated into standardized outputs that inform credit and valuation models. Proficiency in SQL and data transformation (ETL) tools is essential for this role. In the context of the Loan Participation Program, the Analyst evaluates the credit quality, leverage, and other risk metrics of consumer loans that are packaged into portfolios for potential sale. This analysis requires a solid understanding of credit underwriting principles, market interest rates, and credit spreads to effectively price portfolios for sale. Once a sale transaction is completed, the Analyst manages the outstanding participation, compiles monthly investor reports, and tracks portfolio performance statistics based on seller data files. For the organization's lending activities, the Analyst is tasked with managing the credit model used to evaluate and monitor financial institutions that have been extended credit. This involves assessing counterparty risk and making recommendations regarding the disposition of members' lines of credit based on independent judgment and financial institution analysis. The role also demands a strategic mindset, with a focus on identifying opportunities for automation and efficiency improvements within the department. Continuous improvement and innovation are key components of this position, requiring critical thinking skills and the ability to visualize and articulate proposed solutions effectively. Additionally, the Analyst serves as a backup to the Manager of Loan Participations and Credit, ensuring continuity in operations.

Responsibilities

  • Support the company's loan participation program and lending activities.
  • Compile and analyze data from clients for decision making.
  • Ingest and validate unstructured data into standardized outputs for credit and valuation models.
  • Evaluate credit quality, leverage, and risk metrics of consumer loans for portfolio packaging.
  • Manage outstanding participation and compile monthly investor reporting and portfolio performance statistics.
  • Manage the credit model for evaluating and monitoring financial institutions extended credit.
  • Assess counterparty risk and recommend adjustments regarding members' lines of credit.
  • Identify opportunities for automation and efficiency improvements within the department.
  • Collaborate with team members to develop and articulate proposed solutions.

Requirements

  • BS/BA in Computer Science, Information Systems, Finance, Mathematics or related field.
  • Experience designing and developing ETL workflows and datasets.
  • Strong analytical and problem-solving skills.
  • Understanding of Fixed Income Analysis/Valuation and/or Financial Analysis.
  • Advanced skills in Microsoft Excel (Macro, VBA).
  • Strong written and verbal communication skills.
  • Ability to work well in a fast-paced team environment.
  • Detail-oriented and deadline-conscious with the ability to coordinate multiple projects simultaneously.
  • Experience in credit analysis and loan/credit administration.

Nice-to-haves

  • Proficient in Microsoft Power Suite of Applications.
  • Comprehensive understanding of loan underwriting processes.
  • Experience in calculating balance sheet and income statement ratios.
  • At least three years of experience in a lending institution with a background in consumer or institutional lending.
  • Strong proficiency in calculating key ratios and other mathematical indicators from financial data.

Benefits

  • Federal Holidays, Vacation, Sick Time, and Parental Leave.
  • 401K retirement savings plan with matching and company contributions.
  • Flexible health and insurance options including Medical, Dental, and Vision Insurance.
  • Long and Short-Term Disability Insurance.
  • Life Insurance, Supplemental Life and AD&D Insurance, and Flexible Spending Account.
  • Credit union membership and a casual work environment.
  • Paid covered parking and an onsite fitness facility with showers.
  • Access to onsite services such as a massage therapist, personal trainer, car wash, vehicle refueling service, and food delivery service.
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