Mortgage Credit Analyst jobs in Iowa
Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Credit Analyst jobs
Senior Commercial Credit Analyst - FT
- Veridian Credit Union
-
Des Moines, IA
FULL_TIME
-
This is a hybrid position that requires individual to work 2 days a week from one of our locations in Northeast, or Central IA, or Omaha, NE.
Full-time, non-exempt position
Application deadline: June 2nd, 2024
WANT TO BE A PART OF AN AWARD WINNING TEAM, APPLY TODAY!!
Take a look at all our great benefits here !
Summary
The primary focus of a Senior Commercial Credit Analyst is providing written presentation of interpreting and analyzing business and personal financial statements, tax returns, credit reports and other information pertinent to the evaluation of a commercial loan request to a Commercial Loan Officer and/or the Commercial Lending Committee. Additionally, the Senior Commercial Credit Analyst completes annual credit reviews and property inspections.
Essential Functions- Interpret and analyze business and personal financial statements, tax returns, credit reports and other information pertinent to the evaluation of a commercial loan request.
- Determine profitability, net worth, and ability for repayment, creating cash flow analysis for all borrowers and guarantors.
- Generate financial ratios to evaluate members' current financial status, trends and comparison to industry averages.
- Assess collateral values and credit risk associated with commercial loan requests. Perform asset verifications and property inspections as needed.
- Provide written presentation of the credit request along with risk rating to the Commercial Loan Officer and or the Commercial Lending Committee.
- Perform analysis for annual credit reviews to identify continued creditworthiness.
- Identify strengths and weaknesses of a business borrower to effectively manage credit exposure.
- Strong understanding of the core systems and all commercial lending software systems.
- Knowledgeable of NCUA and Iowa Code guidelines for business lending, as well as all credit union policies and procedures.
- Possess a general understanding of appraisals and valuations to assist in collateral analysis.
- Monitor the training needs of Credit Analysts, providing performance feedback as necessary.
- Oral and written communication skills.
- Member service focus.
- Attention to detail and accuracy.
- Positive attitude that supports a team environment.
- Dependable and punctual; flexible during peak times.
- High level of confidentiality.
- Organizational skills.
- Self-motivated; ability to work without close supervision.
- Problem solving; analysis.
The Physical Demands Described Here Are Representative Of Those That Must Be Met By An Employee To Successfully Perform The Essential Functions Of This Job- Occasionally lift and/or move items over 10 pounds.
- Remain sedentary (seated) for extended periods of time.
This job operates in a professional office environment and routinely uses standard office equipment.
TRAVEL
Limited travel expected.
Required Education And Experience- Bachelor's Degree in Accounting, Finance, or related field.
- 3 years of experience in commercial lending or investments.
- 3 years of experience with credit analysis.
- 3 years of experience with asset/liability management and risk assessment.
- Proficient in Excel.
- Proficiency in Credit Quest.
Veridian Credit Union is a PCI compliant financial institution to ensure the security of member information. As such, all employees are expected to ensure security measures are in place and adhered to regarding PCI and other highly secure data compliance requirements.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
About Veridian
Veridian Credit Union provides equal employment opportunities to all employees and applicants for employment without regard to age, race, creed, color, sex, pregnancy, sexual orientation, gender identity, military service, national origin, religion, physical or mental disability, genetic information, or any other classifications protected by applicable federal, state or local laws. - 10 Days Ago
Mortgage Loan Officer
- Greater Iowa Credit Union
-
Ames, IA
FULL_TIME
- We are currently seeking an experienced Mortgage Loan Officer to be responsible for originating, secondary market, and closed ended residential real estate mortgages within the field of membership. Wo...
- 2 Months Ago
Credit Analyst
- Danville State Savings Bank
-
Danville, IA
FULL_TIME
- Title: Credit Analyst Reports To: Senior Vice President Lending Status: Hourly Supervisory Responsibilities: None Job Summary Responsible for underwriting commercial and agriculture loans, ordering an...
- 4 Days Ago
Credit Analyst
- Cedar Rapids Bank & Trust
-
Rapids, IA
FULL_TIME
- Cedar Rapids Bank & Trust is committed to being the most customer-focused financial institution in Cedar Rapids and is seeking an individual that is passionate about building customer relationships.CR...
- 8 Days Ago
Credit Analyst
- Coface Nederland
-
Breda, IA
FULL_TIME
- Making trade happen. Samen werken aan één doel: handel vergemakkelijken door onze 50.000 zakelijke klanten te helpen bij het ontwikkelen van hun bedrijf. Coface is wereldwijd een leider in de markt va...
- 9 Days Ago
Credit Analyst
- QCR Holdings, Inc.
-
Rapids, IA
FULL_TIME
- Cedar Rapids Bank & Trust is committed to being the most customer-focused financial institution in Cedar Rapids and is seeking an individual that is passionate about building customer relationships.CR...
- 1 Day Ago
Mortgage Credit Analyst jobs at Popular Companies
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- Comrise
-
Irving, TX
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- StevenDouglas
-
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Remote Sales Job Work From Home No Cold Calling
- Symmetry
-
Elmendorf, TX
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Analyst, Epic Configuration
- Acrisure
-
Grand Rapids, MI
- Job Title: Analyst, Epic Configuration Department: Information Technology - Agency Broker Applications Location: Remote ...
- 6/11/2024 12:00:00 AM
Quantitative Analyst - Model Validation (IV&V)
- NuvoLogic Consulting
-
Washington, DC
- NuvoLogic Consulting is a management consulting company in the Northern Virginia area. We engage with public and private...
- 6/11/2024 12:00:00 AM
Wealth Relationship Manager (Hybrid)
- Citigroup
-
San Antonio, TX
- The Wealth Relationship Mgmt. Sr. Analyst SAFE Act is a seasoned professional role. Applies in-depth disciplinary knowle...
- 6/11/2024 12:00:00 AM
Quantitative Risk Analyst
- Angel Oak
-
Atlanta, GA
- Who We Are: Angel Oak Companies is a diversified financial services company specializing in asset management and non-age...
- 6/11/2024 12:00:00 AM
VP Commercial Underwriting - Affordable Housing
- Western Alliance Bancorporation
-
Phoenix, AZ
- Job Title: VP Commercial Underwriting - Affordable Housing Location: CityScape What you'll do: The VP- Commercial Underw...
- 6/11/2024 12:00:00 AM
About Iowa
Iowa (/ˈaɪəwə/ (listen)) is a state in the Midwestern United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states; Wisconsin to the northeast, Illinois to the east, Missouri to the south, Nebraska to the west, South Dakota to the northwest and Minnesota to the north.
In colonial times, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$50,303 to $71,854
Most Popular Cities in Iowa for Mortgage Credit Analyst Jobs
What does a Mortgage Credit Analyst do?
Mortgage Credit Analyst in Lancaster, PA
Provide analytical support to residential mortgage loan trading and management team.
January 17, 2020
Mortgage Credit Analyst in Shreveport, LA
Become an expert on our internal credit and cash flow models.
January 27, 2020
Mortgage Credit Analyst in Brownsville, TX
The Mortgage Credit Analyst will work with loan officers, underwriters, closers, borrowers and referral sources to obtain accurate and timely loan information.
December 30, 2019