Commercial Lending Portfolio Analyst

Job Summary:

Assists and supports the Commercial Lending Team by handling all aspects of commercial loan portfolio management as it relates to the assigned portfolio of loans. Performs both technical and administrative duties.

Where and When You Will Work:

• Remote role open to candidates residing in Washington (WA) or Oregon (OR).
• Monday - Friday, 8:00am - 5:00pm.
• Full-time, 40 hours a week.
• Travel is not required.

Duties and Responsibilities:

• Helps support Commercial Loan Officers in the management of existing commercial credit relationships and partners with the Commercial Loan Officers in support of new relationships.
• Serves as the primary point of contact for existing borrowing relationships.
• Manages relationships with existing borrowers and supports Commercial Loan Officers with managing new relationships.
• Partners directly with the commercial lending team to ensure timely annual reviews, document performance against covenants and conditions, and assists CLO in monitoring and developing action plans for deteriorating credit relationships (i.e., watchlist reports, problem loan status reports, etc.).
• Collects updated information, analyzes data, and creates periodic loan review memorandums with risk upgrade or downgrade recommendations with assistance from the CLO, as needed.
• Creates, coordinates, and reviews annual review memorandums, property inspections, and commercial real estate evaluations for accuracy and further approval recommendations.
• Underwrites, structures, and helps document new loans or modifications to existing client relationship.
• Seeks cross-sell opportunities and directs members to other services and products offered by the credit union to meet the needs of the business relationship.
• Performs all due diligence required including the review of financial, entity, legal and other documents prior to credit submission to protect credit union resources.
• Supports the CLO in the management of the assigned portfolio by monitoring performance and trends, proactively defining credit relationship solutions, identifying issues and developing remediation, underwriting and providing credit approval recommendations as designated.
• Supports the CLO in developing and maintaining special reports as needed for commercial lending team to monitor risk, realize opportunities, and aid in department and portfolio allocation and management.
• Assists in ensuring the department adheres to all state/federal regulations, policies, and procedural guidelines. Provides feedback to commercial lending policy and procedural updates and revisions, as required. Remains current on industry, market trends and changes to regulation.
• All other duties as assigned.

Minimum Qualifications:

• High school graduate.
• Minimum four (4) years' loan underwriting experience, ideally in commercial underwriting and analysis within a financial institution.

Preferred Qualifications:

• Experience with Abrigo Sageworks financial software (or equivalent) preferred.

Knowledge, Skills, and Abilities:

• Possess a knowledge and understanding of commercial lending guidelines, regulatory procedures, processes, and laws as they pertain to the acceptance and approval of member business loans.
• Working knowledge of commercial lending and deposit account procedures, commercial and personal financial statement analysis, credit approval/annual review memorandums, and commercial loan documentation.
• Knowledge and understanding of lending regulations.
• Maintains consistently high standards in areas of accuracy, thoroughness, completeness, and order of documentation, system input, and internal/external correspondence.
• Strong, well-developed interpersonal communication and negotiation skills to determine existing/potential members' financial needs. Demonstrated customer service skills and ability to communicate with members in a professional manner to ensure and enhance the credit union's image within its market areas.
• Ability to organize work in order to give prompt attention to members' request, while being able to meet designated deadlines.
• Demonstrated skills in member-related account transactions. Ability to interpret and explain Credit Union policies and transactions posted to members' accounts.
• Ability to function effectively as a member of a team or on individual tasks and assignments.

Total Rewards:

This position is eligible for Full-Time Regular benefits. Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.

• Includes an option for Medical, Dental, and Vision insurance to be paid at 100% by company for the employee only coverage.
• We also offer Health Care FSA (HCFSA), Health Savings Account (HSA) with employer contributions, and Dependent Care FSA (DCFSA).
• Employees also have access to Life and AD&D insurance.
• Employees are able to enroll in our 401k plan.
• Full-Time Regular employees accrue 8 hours of vacation and 8 hours of sick leave, on a monthly basis.
• Full-Time Regular hired employees also receive 11 paid holidays throughout the calendar year, 1 floating holiday, 16 hours of self-care time, and 16 hours of volunteer time.

All benefits except 401k start the first of the month following date of hire. Employees become eligible to contribute to 401k on the first of the month following 60 days of employment.