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Ascend Federal Credit Union · 3 days ago

Commercial Lending Review Portfolio Analyst

US-TN-Murfreesboro

Full-time

Onsite

Mid Level

3+ years exp

Ascend Federal Credit Union is the largest credit union in Middle Tennessee and is focused on the expansion and diversification of its member services. The Commercial Lending Review Portfolio Analyst is responsible for managing the annual review process of commercial loans, ensuring the accuracy of financial documentation and compliance with internal policies.

BankingConsumer LendingFinanceFinancial ServicesLendingRetirement

Responsibilities

Prepare and proactively manage internal controls to monitor the gathering and receipt of updated financial information for annual review relationships. This includes managing a staggered correspondence timeline dependent upon financial covenants and tax return filing deadlines

Verify updated financial documentation received is complete, legible, and saved to the departmental drive and appropriately indexed in the document library of loan administration software

Auditing and updating core system tracking records and loan administration ticklers and covenants as required to finalize annual review completion

Maintain departmental reporting for the status and completion of annual reviews to be reported to senior management

Review of system data to ensure all appropriate and required loan terms, collateral, and loan coding have been properly board into the core system and loan administration software under the terms and conditions of the loan documentation with exceptions documented appropriately

Verify departmental loan documentation and credit file checklists have been completed accurately inclusive of appropriate waivers or exceptions to internal policy and procedures

Verify the loan relationship has been accurately entered into the tickler and covenant monitoring tracking system with each origination, modification, or audit

Completion and updating of risk rating migration tracking over the life of the loan

Determine if approval procedures and loan authorities adhere to established credit union guidelines and appropriate documentation of approval is provided

Generate, monitor, and review tickler reports on weekly basis to maintain data accuracy

Review externally prepared commercial appraisals and evaluations as well as internally prepared evaluations and appraisal updates

Complete tax assessment re-evaluations of collateral as assigned

Complete all required annual compliance training and/or job specific training as assigned

Maintain up-to-date knowledge in financial analysis and regulatory compliance applicable to member business and commercial lending by participating in on-going training and self-development through independent study

Read all internal publications including HUB and Possibilities

Perform other duties as required or assigned

Qualification

Financial analysisRegulatory complianceCommercial lending knowledgeProblem solvingOrganizational skillsComputer literacyVerbal communicationWritten communicationAttention to detailSelf-starter

Required

Four year college degree in business or finance, or equivalent finance experience in a commercial/business lending environment

3-5 years of similar or related experience is required

Knowledge of internal lending policies and NCUA regulations, or willingness to learn

A high level of problem solving skills, and the ability to communicate in a clear, concise manner

A high level of accuracy and attention to detail

Excellent verbal and written communication skills to communicate professionally with lending personnel and create reports of review findings

Effective organizational and analytical skills with high degree of computer literacy

Demonstrate ability to prioritize multiple projects

Possession of a valid, unrestricted driver's license

Ability to operate or have ability to be trained to operate related office equipment, including calculator, computer terminal (PC), multifunction copier, laser printer, receipt printers and telephone

Able to identify common tax return forms and other financial documents

Strong organizational skills working in high volume environment

Self-starter with ability to identify areas of opportunity and initiates action independently

Familiarity with commercial loan documentation

Regular and reliable attendance is required