Blaze Credit Union
Commercial Credit Analyst- Business Specialist
Blaze Credit Union, Saint Paul, Minnesota, United States, 55199
Overview
Commercial Credit Analyst- Business Specialist role: This position is responsible for Underwriting and reviewing commercial loans to achieve the lending goals of the Credit Union, originating and administering a portfolio of small equipment loans, lines of credit, credit cards, with the overall objective of maintaining credit quality, increasing profitability, and producing loan and deposit growth. Attend to the needs of commercial members to meet Blaze's core purpose of improving lives. Contribute to the team effort by performing other job-related duties as needed. Work Type: Full-time, on-site at our Empire office in St. Paul, MN. Responsibilities
Underwriting for other Commercial Lenders Underwrite commercial loans for extensions of credit; review existing loans and maintain a prudent portfolio to achieve business lending goals Review and evaluate business loan applications, analyze financial statements and interpret key ratios and the member's ability to pay using a global cash flow approach Evaluate commercial properties using an income approach to volume and other market data to determine credit risk Underwrite business loans and complete loan presentations/annual reviews for review by a senior lender or analyst Analyze monthly, quarterly and annual financial reports provided by each borrower to ensure loan quality and strengthen business relationships Review each loan annually and propose re-structuring if appropriate Handle incoming branch referrals and all unsecured requests; ensure renewals of existing portfolio are performed on a timely basis Provide payment notifications on required loans and support member questions on deposit and loan products, business documentation and compliance Assist in refining the lending system to create a prudent, streamlined process that assesses risk, maintains compliance with all NCUA rules and regulations Review and suggest solutions to streamline business loans in the credit union's software programs Review file documentation and lender logging procedures, verifying loan documents are appropriate and protect Blaze Assist Commercial Lending Management to develop and maintain portfolio through monitoring reports and procedures to meet department performance expectations Provide input on month end portfolio reports, delinquency reports, and loan loss analysis Review reports, presentation templates and other business service processes to increase operational efficiency Organize, coordinate and process business loan requests; gather and compile documentation required for loan application review; assemble financial statements for review; organize loan files; ensure accuracy and completeness Comply with applicable laws and regulations (e.g., Bank Secrecy Act, Patriot Act, OFAC); exhibit Blaze's Core Values Regular and predictable attendance; perform other duties as assigned to support department operations Qualifications
Minimum High School degree or equivalent Minimum 3 to 4 years' similar or related experience in financial or related industry Knowledge of credit union consumer and commercial products, services, policies and procedures; financial products; MeridianLink SBA and other guaranteed loan programs related to small businesses Microsoft Office with advanced Excel ability Ability to analyze financial statements and global cash flows; underwrite loans using a global cash flow approach Coordinate priorities, meet deadlines and work independently with minimal supervision Strong written and verbal communication; decision-making, problem solving and judgment in extending credit Ability to organize multiple tasks and maintain a courteous demeanor in a busy environment Recognize and troubleshoot system problems and inefficiencies; proactive communication with members Physical ability to sit/stand, use computer, interact with staff and public; travel to designated offices; lift up to 20 lbs Compensation & Benefits
The salary range for this position is: $66,192.04-$85,000. This range reflects the base salary for this position. Base pay range: $66,192.04/yr - $85,000.00/yr. Benefits include: low-cost medical, dental, vision insurance; quarterly bonuses; generous vacation and sick time; paid leave options; up to 6% 401k contribution; tuition reimbursement. Equal Opportunity
Blaze is an Equal Opportunity Employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status or disability. Diversity is encouraged. Location & Employment Type
Minneapolis–Saint Paul, MN; St. Paul, MN; Minneapolis, MN; Plymouth, MN; Minneapolis–Saint Paul area
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Commercial Credit Analyst- Business Specialist role: This position is responsible for Underwriting and reviewing commercial loans to achieve the lending goals of the Credit Union, originating and administering a portfolio of small equipment loans, lines of credit, credit cards, with the overall objective of maintaining credit quality, increasing profitability, and producing loan and deposit growth. Attend to the needs of commercial members to meet Blaze's core purpose of improving lives. Contribute to the team effort by performing other job-related duties as needed. Work Type: Full-time, on-site at our Empire office in St. Paul, MN. Responsibilities
Underwriting for other Commercial Lenders Underwrite commercial loans for extensions of credit; review existing loans and maintain a prudent portfolio to achieve business lending goals Review and evaluate business loan applications, analyze financial statements and interpret key ratios and the member's ability to pay using a global cash flow approach Evaluate commercial properties using an income approach to volume and other market data to determine credit risk Underwrite business loans and complete loan presentations/annual reviews for review by a senior lender or analyst Analyze monthly, quarterly and annual financial reports provided by each borrower to ensure loan quality and strengthen business relationships Review each loan annually and propose re-structuring if appropriate Handle incoming branch referrals and all unsecured requests; ensure renewals of existing portfolio are performed on a timely basis Provide payment notifications on required loans and support member questions on deposit and loan products, business documentation and compliance Assist in refining the lending system to create a prudent, streamlined process that assesses risk, maintains compliance with all NCUA rules and regulations Review and suggest solutions to streamline business loans in the credit union's software programs Review file documentation and lender logging procedures, verifying loan documents are appropriate and protect Blaze Assist Commercial Lending Management to develop and maintain portfolio through monitoring reports and procedures to meet department performance expectations Provide input on month end portfolio reports, delinquency reports, and loan loss analysis Review reports, presentation templates and other business service processes to increase operational efficiency Organize, coordinate and process business loan requests; gather and compile documentation required for loan application review; assemble financial statements for review; organize loan files; ensure accuracy and completeness Comply with applicable laws and regulations (e.g., Bank Secrecy Act, Patriot Act, OFAC); exhibit Blaze's Core Values Regular and predictable attendance; perform other duties as assigned to support department operations Qualifications
Minimum High School degree or equivalent Minimum 3 to 4 years' similar or related experience in financial or related industry Knowledge of credit union consumer and commercial products, services, policies and procedures; financial products; MeridianLink SBA and other guaranteed loan programs related to small businesses Microsoft Office with advanced Excel ability Ability to analyze financial statements and global cash flows; underwrite loans using a global cash flow approach Coordinate priorities, meet deadlines and work independently with minimal supervision Strong written and verbal communication; decision-making, problem solving and judgment in extending credit Ability to organize multiple tasks and maintain a courteous demeanor in a busy environment Recognize and troubleshoot system problems and inefficiencies; proactive communication with members Physical ability to sit/stand, use computer, interact with staff and public; travel to designated offices; lift up to 20 lbs Compensation & Benefits
The salary range for this position is: $66,192.04-$85,000. This range reflects the base salary for this position. Base pay range: $66,192.04/yr - $85,000.00/yr. Benefits include: low-cost medical, dental, vision insurance; quarterly bonuses; generous vacation and sick time; paid leave options; up to 6% 401k contribution; tuition reimbursement. Equal Opportunity
Blaze is an Equal Opportunity Employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status or disability. Diversity is encouraged. Location & Employment Type
Minneapolis–Saint Paul, MN; St. Paul, MN; Minneapolis, MN; Plymouth, MN; Minneapolis–Saint Paul area
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