State Employees Credit Union of New Mexico · 1 month ago
Commercial Credit Analyst I
4200 Wolcott Ave NE, Albuquerque, NM, USA
Full-time
Onsite
Entry Level
$61K/yr - $77K/yr
1+ years expState Employees Credit Union of New Mexico is seeking a Commercial Credit Analyst I to assist the Commercial Loan Department in analyzing financial information from businesses and individuals applying for loans. The role involves evaluating credit applications, preparing cash flow analyses, and ensuring compliance with lending policies.
Financial ServicesHealth Care
Responsibilities
Take a lead role in the analyses of commercial credit applications and related
Responsible for evaluating a borrower's capacity to pay, capital position, economic trends and forecasts in mitigating loan-risk, identifying special risk based on the unique needs of the borrower and the loan, and making recommendations through underwriting to effectively manage commercial credit risk for the
Compile, prepare, and present Credit Approval Presentations for loan
Interview Commercial & Business members for new accounts and loans
Prepare cash flow analysis of personal and business tax returns and financial statements
Prepare and submit Commercial & Business loan requests for
Maintain and review commercial loan maturity report
Collect Commercial & Business loan financial documentation for annual reviews and possible renewals
Complete and update Commercial & Business loan
Review Commercial & Business loan call report provided by CFO for
Keeps abreast of local and national economic, financial, political and legislative events and climates which could have an impact on commercial lending
Ensure the Credit Union provides high quality services to its members in lending and related
Participates in any other activities deemed necessary to further support the lending functions of State Employees Credit
Ensures that all Credit Union policies and procedures are followed, comply with all applicable laws, regulations and have strong working knowledge of
Understand compliance issues & attends training as they relate to Commercial Credit Analyst, including, but not limited to Anti-Money Laundering, OFAC, Bank Secrecy Act; Reg P; Patriot Act
Report all suspicious activity to the BSA Compliance Officer, and following policy/procedure as it pertains to the job
Performs other duties as assigned
Qualification
Required
Strong interpersonal relationship/communication skills and attention to detail
Advanced knowledge in the review of commercial credit applications and borrower capacity to pay
Extensive experience with accounting, financial statements, cash flow, and borrower-risk analysis
Ability to work independently with little supervision as well as in a team environment
Strong analytical skills
Experienced in the appraisal and underwriting of commercial loans
Proficient with the Microsoft Office
Education or experience equivalent to a bachelor's degree in accounting, Finance, or related field
1 to 3 plus years of relevant experience
Benefits
Competitive Salary (DOE)
Sick and Vacation leave, paid trainings, 11 paid holidays, including Birthday PTO!
Medical, Dental, Vision for employees and their families
401(K) with employer-matching
Life and Disability Insurance
Flexible Spending Accounts (FSAs)
Company
State Employees Credit Union of New Mexico
State Employees Credit Union has been providing exceptional care to our members since 1958.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Andy Ramos
President/CEO
Lindsay Jones
Executive Vice President/Chief Operations Officer
Company data provided by crunchbase