TFed - Taunton Federal Credit Union ยท 1 day ago
Commercial Lending Analyst
Taunton Main Branch, Taunton, MA, US
Full-time
Onsite
Entry Level
1+ years expTFed Credit Union is seeking a Commercial Lending Analyst to monitor the Commercial Lending portfolio and support Commercial Lenders. The role involves analyzing loan requests, maintaining documentation, and providing guidance to ensure compliance with regulatory and policy expectations.
BankingCreditFinancial ServicesInsuranceTechnical Support
Responsibilities
Monitor the existing commercial lending portfolio and relationships, meeting regulatory and policy expectations for completion. This includes gathering necessary documentation from borrowers to complete annual reviews, track reportable items, and maintaining reports for management. Inform lenders and management of problem loans
Analyze new loan requests. Assist lenders in collecting documentation and perform analysis of said documentation. Ensure correct and accurate documentation and risk rating is completed prior to closing. Inform underwriter and management of policy exceptions
Monitor portfolio and commercial relationships. Evaluate modification requests, track construction loan disbursements, work with Collections to manage delinquent loans, and complete reporting as requested by management
Take member loan applications and prepare them for review by a Commercial Loan Officer
Assist members with any loan-related questions and concerns
Maintain knowledge of state and federal laws and practices pertaining to Commercial Lending
Qualification
Required
One to three years of similar or related experience
Experience in analyzing business financial statements and assessing the viability of businesses
High school diploma or equivalent
Excellent communication skills and ability to interact with borrowers, other departments, co-workers, and vendors professionally
Proficient with Microsoft Office and related software
Exceptional organizational skills, ability to prioritize, and be detail oriented
Ability to work both independently and in a team environment
Preferred
Two year degree or advanced certification
Experience in a credit union, banking, or financial business environment
Company
TFed - Taunton Federal Credit Union
At TFed, we are committed to offering an extensive range of products and services designed specifically with you in mind! We want to make your banking experience as easy as possible by giving you convenient access to manage your accounts on the go, all while providing you with the latest and greatest banking technology.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
R
Robyn Oresto
Vice President, Controller
Recent News
2022-02-24
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