at United Community Bancorp, LLC in Chatham, Illinois, United States
Job Description
Credit Analyst - Chatham , IL
Chatham, IL
United Community Bank is in search of a Credit Analyst. The position of Credit Analyst is responsible for gathering and analyzing credit information on current and potential borrowers; determines the advisability of granting credit for diversified types of loans; assists loan officers in writing detailed loan requests; and attends weekly UCB Loan Committee meetings.
ESSENTIAL DUTIES
Assists loan officers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
Assists loan officers to ensure required data is gathered from customers, internal and outside sources; prepares spreadsheets and analyzes financial information including financial statements and tax returns; and occasionally contacts customers directly for additional information and clarification of data.
Compiles data from credit bureau reports and various types of financial statements (Balance sheet; Income statement, Statement of cash flows; Statement of equity; Financial audits; Personal & company tax returns and statements; financial schedules; etc.); conducts industry peer comparisons, and performs cash flow analyses and other such tasks and comparisons.
Writes financial reviews and reports; makes recommendations on loan structures and terms to loan officers.
Works closely with other credit analysts and Credit Department Manager to effectively prioritize commercial credit requests and complete credit presentations in a timely manner.
Informs loan officers when up-to-date financial statements are needed for commercial accounts; ensures credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved
Assist loan officers in the review and renewal of credit facilities; provides back-up support. Completes ongoing financial covenant and borrowing base calculations related to commercial credits.
Checks pledged assets as requested by loan officers.
Assists loan officers in verification of funds with mortgage companies and contractors.
Develops knowledge of financial industry, economy, market conditions, rates, vendors and competition. Remains informed of applicable industry and rate fluctuations.
May represent the Bank in various community, civic, and community reinvestment functions to further enhance the Bank's image and develop additional business.
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
Assists in providing deposit and loan account ratings for loan officers.
Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
Demonstrates knowledge of and adherence to Equal Employment Opportunity (EEO) policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
Assures compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations; adheres to Bank Secrecy Act (BSA) responsibilities that are specific to the position.
Completes administrative tasks correctly and on time; supports the Bank's goals and values; benefits the Bank through outside activities.
Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one's own actions and conduct.
SECONDARY DUTIES
The position of Credit Analyst performs duties specific to the position and other functions as assigned.
SUPERVISORY RESPONSIBILITY
The position of Credit Analyst is not responsible for the supervision of any employee(s).
ENVIRONMENT AND PHYSICAL ACTIVITY
The incumbent is in a non-confined office-type setting in which he or she is free to move about at will. The... For full info follow application link.
In order to provide equal employment and advancement opportunities to all individuals, employment decisions at United Community Bancorp will be based on merit, qualification, and abilities. United Community Bancorp does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, age, disability, or any other actual or perceived characteristic protected by law.
