Job Description
Our Client, a Banking company, is looking for a Credit Analyst V for their Remote location.
Responsibilities:
The Credit Analyst V is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers. This job works cooperatively to support the Lending and Credit functions of the Bank. Responsible for complex loans/industries/Customers Works independently Strong understanding of loan risk factors May train/mentor/coach junior analysts Researches industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet Participates in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times) Integral part of loan origination process; Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition Supports the lending function by providing analytical support Prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities Thoroughly analyzes financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk Prepares complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary Maintains credit files, monitors data such as updated financial statements and prepares updated analysis memos Monitors compliance with regulatory requirements Provides written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk Achieves operational performance standards in quality and timeliness The Credit Bureau Dispute Specialist researches direct and indirect credit bureau disputes; responds to customers and credit reporting agencies to ensure discrepancies are resolved and timely follow up occurs. Handles sensitive consumer information (credit bureau data, raw PII, customer account information) Utilizes third party data sources, internal systems and tools to research and analyze information to ensure accuracy of credit reporting Researches and responds to disputes received directly by mail or email Utilizes e-Oscar to quickly respond to indirect disputes in the way of Automated Consumer Dispute Verification (ACDV) Researches and actions feedback from the credit bureaus, internal reporting, and third parties to ensure accurate reporting Corrects inaccurate account information provided to CRAs and documents the resolution using internal systems and e-OSCAR Maintains a clear understanding of current internal credit-related policies and procedures, as well as all applicable federal regulations and credit industry standards
Requirements: Be knowledgeable of and comply with Bank and Industry Codes of Conduct. Provide timely responses to the questions raised and the requests made by clients. Maintain the image of the Bank in the handling of accounts and in resolving customer concerns. Continuously enhance own knowledge in the areas of risk management and restructuring. Act as a reference point to others in areas of personal expertise Bachelor's degree in accounting or related financial discipline required. An advanced degree in a financial discipline is preferred. + years financial and/or accounting experience required." Working w/ direct and indirect disputes CRRG knowledge EOSCAR knowledge CDIA certification
Why Should You Apply? Excellent growth and advancement opportunities
Apply for this Position
Ready to join ? Click the button below to submit your application.
Submit Application