Business Lending Credit Analyst
Altra Federal Credit Union - La Crosse, WI

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DESCRIPTION

The Business Lending Credit Analyst assists the business lenders in the analysis, origination and monitoring of business loans, and ensures that the commercial lending function operates within the various regulations and policies of Altra. This position promotes Credit Union products and services to present and potential business members.

DUTIES

1. Take incoming phone inquiries from prospects regarding loan requests and prescreening of prospective applicants. 2. Prepare and send an initial loan application package out to inquiring members. 3. Track all outstanding loan application packages and prepare a monthly report of outstanding loan application packages as well as maintain the loans in process pipeline report. 4. Prepare loan files, loan presentations and/or credit memos with narrative for underwriting and approval or submission to MBL Loan Committee or Altra Board. 5. Review and analyze financial statements. Spread the information into the Altra's approved format.6. Complete documentation reviews on all loan relationships working cooperatively with the Quality Control Analyst to insure that all loan files are complete and properly documented. 7. Manage the MBL Loan Committee agenda and prepare the loan committee packages. 8. Prepare standardized loan commitment letters from approved loan presentations for final edit and signature by the assigned loan officer. 9. Collectively work with loan officers to obtain all necessary information to effectively complete and process SBA loan applications and other government guaranteed loan application packages. 10. Act as the primary contact with MBL, LLC to process SBA loan applications.

QUALIFICATIONS

1. Four year college degree preferred (Finance, Accounting, or Business Management) 2. 2-4 years of banking experience; minimum 1 year of commercial banking experience3. A strong understanding of accounting concepts and how to apply them to financial statement analysis. 4. Ability to read, understand, analyze, and interpret most complex documents and business loan documents. 5. Reasoning ability; able to define problems, collect data, establish facts, and draw conclusions.6. Proficient computer skills (Microsoft Office, Specifically Word, Excel, Power Point, and Access) and various lending software packages.7. Must demonstrate ability to work effectively with others in a cooperative and collective environment. 8. Strong oral and written communication skills are necessary. Must be able to effectively and cooperatively interact with business owners/members, and other employees within the credit union.9. Ability to prioritize, organize time, and work independently.10. Projects a professional image and maintains confidentiality in all Altra matters. 1. Take incoming phone inquiries from prospects regarding loan requests and prescreening of prospective applicants. 2. Prepare and send an initial loan application package out to inquiring members. 3. Track all outstanding loan application packages and prepare a monthly report of outstanding loan application packages as well as maintain the loans in process pipeline report. 4. Prepare loan files, loan presentations and/or credit memos with narrative for underwriting and approval or submission to MBL Loan Committee or Altra Board. 5. Review and analyze financial statements. Spread the information into the Altra's approved format.6. Complete documentation reviews on all loan relationships working cooperatively with the Quality Control Analyst to insure that all loan files are complete and properly documented. 7. Manage the MBL Loan Committee agenda and prepare the loan committee packages. 8. Prepare standardized loan commitment letters from approved loan presentations for final edit and signature by the assigned loan officer. 9. Collectively work with loan officers to obtain all necessary information to effectively complete and process SBA loan applications and other government guaranteed loan application packages. 10. Act as the primary contact with MBL, LLC to process SBA loan applications.

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