Mid-Hudson Valley Federal Credit Union · 18 hours ago
Credit Analyst I
Kingston, New York, United States
Full-time
Onsite
Mid Level
$64K/yr - $96K/yr
3+ years expMid-Hudson Valley Federal Credit Union is seeking a Full-Time Credit Analyst to underwrite loan requests while adhering to established credit union policies and regulatory statutes. The role involves evaluating credit risk, preparing credit memorandums, and maintaining portfolio monitoring reports while ensuring top member service.
BankingCreditFinanceFinancial Services
Responsibilities
Reviewing business loan applications and supporting financial statements to determine the borrowing capacity, capitalization and cash flow dynamics for the applicant. Use analytical software to evaluate loan requests; perform the initial analysis required to complete all data fields, interpret the results, including any externally derived credit scores, and determine the need for further investigation or analysis. Spread financial statements, calculate certain ratios, including measures of liquidity, leverage and cash flow, and submit the request to the appropriate approval channel
Preparing the credit memorandum, as well as any other reports necessary, along with the appropriate recommendation for review by the appropriate loan committee. Attend Credit Loan Committee meetings, presenting summary information and participating in discussions on other loans being considered
Performing annual reviews on the commercial loan portfolio pursuant to the credit union guidelines
Assisting in the servicing of existing MBL relationships as needed
Gathering data to maintain various portfolio monitoring and control reports
Qualification
Required
Three to five years of similar or related experience
A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree)
Strong analytical skills, the ability to make sound judgments, strong time management, and the ability to manage multiple workloads with successful results
Ability to work independently, with good organizational skills, and excellent written communication skills, listening skills
Problem analysis, problem resolution, interpersonal skills and proficiency; computer skills (i.e., Microsoft Office)
Candidates must be able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 50 lbs
Must be capable of climbing / descending stairs in an emergency situation
A normal range of vision and hearing abilities required
Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators
Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary
Must be able to work extended hours or travel off site whenever required or requested by management
Must be capable of regular, reliable and timely attendance
Candidates must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team
Candidates must be able to read and carry out various written instructions and follow oral instructions
Candidates must be able to complete basic mathematical calculations, spell accurately, and understand computer basics
Candidates must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization
Demonstrate the highest levels of customer service and discretion when dealing with the public
Being able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace is crucial to this role
Being able to effectively handle multiple, simultaneous, and changing priorities
Being capable of exercising highest level of discretion on both internal and external confidential matters
Benefits
Medical, Dental and Vision - with no waiting period for coverage!
401(k) with employer match and non-elective employer contribution
Paid Vacation, Sick time and Holidays
Life Insurance
Short-Term and Long-Term Disability Insurance
Employee Assistance Program
Tuition Assistance Program
Professional Development Programs
Discounted Loan Rates and Fees
Company
Mid-Hudson Valley Federal Credit Union
Mid-Hudson Valley Federal Credit Union is a financial institution that offers banking and financial services as well as credit loans.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Wayne Winkler
President & CEO
Recent News
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