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Loan Review Analyst I

Company

Global Credit Union

Address , Glendale, 85306, Az
Employment type FULL_TIME
Salary $63,233 - $101,804 a year
Expires 2023-06-26
Posted at 1 year ago
Job Description
Overview:
Reports to: Loan Review Manager

Functions Supervised:
None

Primary Functions:
Assists Loan Review Manager in the preparation of annual loan reviews to include Due on Demand reviews and SBA loan reviews. This position will also assist loan officers in the preparation of loan and credit line renewals, extensions and modifications

Duties and Responsibilities:
  • Responsible for processing the due on demand lines of credit annual reviews.
  • Responsible for processing remote deposit capture annual reviews.
  • Maintains in-depth knowledge of NCUA regulations, credit union policies and procedures as they relate to commercial lending.
  • Back-up for underwriting and preparation of loan and credit line renewals, extensions and modifications ensuring compliance with lending policies.
  • Performs annual risk grading of all loans exceeding $1,000M.
  • Perform annual loan reviews to include global analysis of borrower and guarantors on non-complex relationships.
  • Spreads financial statements and validates financial data used for underwriting purposes and performs industry comparisons when appropriate.
  • Performs other duties as assigned.
Qualifications:
Education: Bachelor’s degree in Business Administration or related field.

Creditable Experience in Lieu of Education:
Minimum of 2 years direct business/commercial lending, underwriting, loan review or portfolio management experience within a financial services organization or at least 2 years as a Portfolio Specialist or comparable experience.

Experience/Skills:
Solid understanding of accounting, financial statement analysis, interest calculations and loan documentation. Additional experience spreading financial statements, performing ratio analysis and the ability to formulate an independent credit view is desired. Must also demonstrate strong organizational, writing and communication skills, along with solid analytical and computer skills to include Excel, Word, Outlook and Statement Analyzer or other equivalent financial statement spreading software.

Tenure:
Loan Review Analyst II, Category 08, requires 2 years tenure in the Loan Review Analyst I position with performance that meets or exceeds expectations and a promotion recommendation by the supervisor or manager. Directly related work experience and/or accelerated training completion may be substituted for tenure.

Compensation:
Salary Pay Range:
  • Loan Review Analyst II (Category 08): $72,717 - $119,983 annually
  • Loan Review Analyst I (Category 09): $63,233 - $101,804 annually
Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above.

In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.
Benefits:
  • Click here to view Global’s comprehensive Benefits Programs.
  • Employee Assistance Program (EAP)
  • Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
  • 401(k) plan with a 5% match
  • Voluntary cash benefits for accident, hospitalization and critical illness
  • Short-term and long-term incentives
  • Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
  • Tuition Reimbursement
  • Life and disability coverage
Equal Opportunity Employer