Credit Analyst jobs in Kentucky
Recently Added Credit Analyst jobs
Commercial Credit Analyst II
- Commonwealth Credit Union
-
Frankfort, KY
FULL_TIME
-
Job Details
Description
Our goal is to be an Employer of Choice, and it takes all of us to achieve this. That's why all Commonwealth Credit Union team members are expected to live our Team 1 culture in all facets of their position. This includes our commitment to Diversity, Equity, Inclusion, Accessibility, and Belonging.
At Commonwealth Credit union, we are united in our Common Purpose to Better Lives through OUR PASSION to Serve. This includes everyone, from our team members to the people in the communities we serve. That’s the emphasis of our Team 1 Culture. Together Everyone Achieves More. We believe We Better Lives when we cultivate diversity, promote equity, foster inclusion, are intentional about accessibility, and provide an environment where everyone feels like they belong. That’s an Extraordinary Experience. That’s Bettering Lives. That’s Team 1.
The Commercial Credit Analyst II position is responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit to individuals, businesses and institutions. Scrutinizes financial data such as tax returns, balance sheets, income statements, personal financial statements, appraisals, and environmental reports to evaluate risk and ability to repay. Completes timely and accurate annual reviews and potential site visits on borrowers with business loans to assign appropriate risk ratings and identify any deteriorations or change in capacity to meet terms and related covenants of the loans. Prepares reports to summarize the financial status of borrowers, quality of collateral, and generally accepted elements of loan presentations. Underwriting approval authority is granted up to a maximum amount as stated in Business Loan Policy. Ensures compliance with Credit Union policies and procedures, NCUA guidelines, and all applicable state and federal laws.
The duties of a Commercial Credit Analyst II include, but are not limited to:
Credit Analysis- Using department workflow solutions to perform independent credit analysis, which includes the analysis of any and all applicant financial statements, tax returns, profit & loss statements, spreadsheets, account receivables, collateral analysis, and any other type of financial documents deemed necessary for completion of the analysis.
- Assisting the Commercial Loan Officer in ensuring all financial information is collected for the credit analysis process.
- Communicating any additional documents needed to loan officers and members to successfully complete a full financial package necessary for adequately defining the Credit Union’s risk related to a loan decision and assigning proper risk ratings to each loan.
- Keeping up to date with innovative and best-practice cash flow solutions within the industry
- Seeking to create efficiencies in the cash flow analysis for the credit union.
- Following all Credit Union policies, procedures, and regulations during the cash flow process.
- Prepares Loan Presentation memos using the information obtained in the credit analysis. This includes --
- A clear and concise summary of the borrower structure, borrower/co-borrower/guarantor experience and credit history
- Credit Union loan and deposit relationship summary
- Detailed explanation of the loan request along with sources and uses of cash flow
- Identification of the primary source of cash flow and any secondary sources and analysis of the cash flow summary with any visible trends
- Capital strengths and weaknesses of the applicants
- Summary of any collateral
- Economic, environmental, and geographical conditions present that may directly impact the credit
- Risk rating analysis
- Listing of strengths, weaknesses and pending items
- Anticipating Member Business Lending Committee questions and building them into the Loan Presentation form.
- Conducting site visits of collateral from time to time to add to the Loan Presentation.
- Performing annual reviews of existing loans in the portfolio, including a reassessment of the risk of the loan relationship. The annual review consists of a full underwrite of the loan, including a new cash flow analysis of updated financial data.
- Assisting in the collection of financial information for annual review purposes and managing Annual Review tracking, reporting progress to the Commercial Lending team.
- Working directly with the Commercial Lending Manager, the SVP of Commercial Services, and the Commercial Loan Officer(s) to manage the commercial loan portfolio.
- Maintaining constant and consistent communication with the team members of the department. Effective and efficient communication is a primary function of this position.
- Collaborating closely with additional Commercial Credit Analysts to manage the analysis of the commercial pipeline.
- Communicating directly with member and non-member loan applicants.
- Working with the Commercial Loan Officer(s) to present loans clearly to the Member Business Lending committee for decisioning.
- Offering guidance, support and knowledge to other staff, demonstrating strong communication skills with limited direction or supervision.
- Just Posted
Credit Control Analyst
- ClickJobs.io
-
Somerset, KY
FULL_TIME
- Core3 are delighted to recruit a Credit Control Analyst for one of the UK's leading organisations based in Bristol.Why join our client?This is an amazing opportunity for an ambitious individual to mak...
- Just Posted
Commercial Credit Analyst II
- Commonwealth CU
-
Frankfort, KY
FULL_TIME
- Our goal is to be an Employer of Choice, and it takes all of us to achieve this. That's why all Commonwealth Credit Union team members are expected to live our Team 1 culture in all facets of their po...
- 25 Days Ago
Credit Analyst I
- HERITAGE BANK INC
-
Burlington, KY
FULL_TIME
- Spreads financial statements for underwriters for new loans and the renewal of loans. Runs financial statement, cash flow and ratio reports for underwriters. Performs credit analysis that may involve ...
- 29 Days Ago
Senior Credit Risk Analyst
- ClickJobs.io
-
Somerset, KY
FULL_TIME
- At ALD Automotive LeasePlan, we are always asking What's next in mobility?As the global leader within our industry, our combined size means we can lead the switch to electric and supercharge our abili...
- 2 Days Ago
Credit & Accounts Receivable Analyst
- Prysmian
-
Newport, KY
FULL_TIME
- OverviewPrysmian Group is seeking a Credit Specialist who will work to minimize bad debt risk while maximizing accounts receivable collections. This role will also work to ensure payment terms are adh...
- 2 Days Ago
Credit Analyst jobs at Popular Companies
Letter of Credit Analyst
- Experis
-
New York, NY
- Our client is seeking a Letter of Credit Analyst to join their team. The LOC Analyst will have the following top skills:...
- 5/29/2024 12:00:00 AM
Credit Analyst
- Taurus Search
-
New York, NY
- Responsibilities: • Conduct credit analyses on broker-dealers, insurance companies, asset managers, and financial instit...
- 5/29/2024 12:00:00 AM
Senior Credit Analyst
- First Citizens Bank
-
Raleigh, NC
- Overview: This position is responsible for analysis at the highest level of complexity and data expertise. Assesses a wi...
- 5/23/2024 12:00:00 AM
Senior Credit Analyst
- First Horizon Bank
-
Chattanooga, TN
- Location: On site,Chattanooga, TN Summary The Credit Analyst, Sr position provides high level analytical support in unde...
- 5/16/2024 12:00:00 AM
Credit Analyst
- Green Bay Packaging, Inc.
-
Green Bay, WI
- Position Overview: Are you ready to join a team where spreadsheets and smiles go hand in hand? We’re on the hunt for a C...
- 5/8/2024 12:00:00 AM
Senior Credit Analyst
- First Horizon Bank
-
North Palm Beach, FL
- Location: On site in Palm Beach, FL Summary The Credit Analyst, Sr position provides high level analytical support in un...
- 5/8/2024 12:00:00 AM
Senior Credit Analyst
- First Horizon Bank
-
Raleigh, NC
- Location: On site in Raleigh, NC Summary The Credit Analyst, Sr position provides high level analytical support in under...
- 5/7/2024 12:00:00 AM
Senior Credit Analyst
- First Citizens Bank
-
Morristown, NJ
- Overview: This position is responsible for analysis at the highest level of complexity and data expertise. Assesses a wi...
- 3/29/2024 12:00:00 AM
About Kentucky
Kentucky (/kənˈtʌki/ (listen) kən-TUK-ee), officially the Commonwealth of Kentucky, is a state located in the east south-central region of the United States. Although styled as the "State of Kentucky" in the law creating it, (because in Kentucky's first constitution, the name state was used) Kentucky is one of four U.S. states constituted as a commonwealth (the others being Virginia, Pennsylvania, and Massachusetts). Originally a part of Virginia, in 1792 Kentucky became the 15th state to join the Union. Kentucky is the 37th most extensive and the 26th most populous of the 50 United States.
Ke...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Analyst jobs
$50,982 to $64,008
Most Popular Cities in Kentucky for Credit Analyst Jobs
What does a Credit Analyst do?
Credit Analyst in West Caldwell, NJ
Lead training activities for the sales teams for all sales subsidiaries.
October 25, 2022
Credit Analyst in Humble, TX
Makes phone calls to customers who do not reply to letters and determines reason for overdue payment and establishes expected payment date per established department guidelines.
December 27, 2022
Credit Analyst in Colonial Heights, VA
Clean, safe, modern work environment.
February 14, 2023