Tennessee Valley Federal Credit Union (TVFCU) · 4 hours ago
Business/Commercial Credit Analyst
Corporate Headquarters - Chattanooga, TN 37402
Full-time
Onsite
Entry, Mid Level
2+ years expTennessee Valley Federal Credit Union (TVFCU) is seeking a Business and Commercial Services Credit Analyst responsible for analyzing credit data and financial statements to assess lending risk. This role includes assisting in loan reviews, performing quality control on closed loans, and preparing reports to support decision-making.
BankingCredit CardsDebit CardsFinanceFinancial Services
Responsibilities
Assist the Business/Commercial Lender(s) with collection of required financial data to process member business loan request. Data includes but not limited to Business Tax Returns, Financial Statements (Interim and Year End), Business Debt Schedule, Personal Financial Statements and Personal Tax Returns on all principals of the business and other related data on a case-by-case basis
Analyze financial data, ensure the information meets the Credit Union requirements, is accurate, signed and complete
Compile the financial data and complete cash flow analysis to include the borrowing entity, related companies and all guarantors
Analyze and evaluate liquidity, profitability, trends, strengths and weaknesses of the borrowing entity, related companies and guarantors
Conduct research of the industry, compare and contrast the industry trends to the borrower and any related entities
Prepare preliminary Credit Approval Form (CAF), work with the Lender to finalize the CAF
Make recommendation for approval or denial of loan requests, communicate recommendation to the lender and members of the Business Loan Committee
Assist Credit Administrator with annual reviews of existing member business loans
Assist Credit Administrator with portfolio management to include concentration risk, risk grades, interest rate risk, and relationship concentration to include an increase or decrease recommendation
Perform quality control on closed loans, ensure compliance with approval, loan covenants and book loan into the core system
Maintain current knowledge of competitors’ deposit and loan products, rates, fees and trends in their business activities
Maintain and create positive working relationships with needed service providers that include but not limited to CUBG, SBA, CDC’s and others as needed
Conduct site visits as needed to assess the condition of collateral being used for new and existing business loans
Recommend changes to business products and services as dictated by the local market
Possess a working knowledge of current regulatory requirements and stays current with changes in the regulatory environment
Ensure compliance in all Credit Union related duties
Seek knowledge and incorporate changes and developments in the Business Lending arena and daily activities
Maintain knowledge of branch operations by completing Deposit Regulation and Product and Service Certification courses
Proactively demonstrate the TVFCU core values of integrity, honesty, flexibility, teamwork, leadership, accountability and strong relationships in every interaction with members
Perform other duties as assigned
Qualification
Required
Minimum of Bachelor's degree in Finance or Accounting. Equivalent work experience may be considered
Minimum of two (2) years of business loan underwriting or credit analysis experience preferred (additional other job specific work experience can be substituted)
Thorough knowledge of credit and quality including extensive financial analysis abilities preferred
Must have advanced analytical, research, and problem-solving skills
Excellent presentation with strong verbal and written communication skills
Ability to work effectively with individuals and groups to manage member relationships
Must be able to work independently to organize and plan schedule for optimal productivity and achieve production goals
Company
Tennessee Valley Federal Credit Union (TVFCU)
Tennessee Valley Federal Credit Union exists to enhance members' lifestyles by offering a wide variety of financial products and services in 13 counties within the Tennessee Valley.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Glen Chrzas
Chief Technology Officer
Company data provided by crunchbase