Portfolio Analyst – 1237231
Commercial Credit Portfolio Analyst – Remote
Greater Nevada Credit Union is looking for a Commercial Credit Portfolio Analyst with a passion for Helping More People Live Greater.
About The Position:
The individual in this role supports the commercial credit portfolio quality by monitoring the performance of borrowers and files; including, construction progress, loan restructures, annual reviews including financial statements, collateral appraisals, and identifying deviations from agreed upon covenants. The Commercial Credit Portfolio Analyst will work closely with Greater Commercial Lending (GCL) to review and implement commercial credit and quality strategies for the organization.
Who we’re looking for:
Before we get into the specific details of this position’s requirements and qualifications, let’s focus on the bigger picture of Greater Nevada, and what makes a Greater Nevadan.
At Greater Nevada, our passion is Helping More People Live Greater. When we say “people,” we mean every single person who we interact with or could interact with, from our team members to our community members.
What You’ll Be Doing
- Effectively review credit memos, supporting documentation, and alignment with credit union guidelines prior to onboarding any new GCL credits.
- Ongoing monitoring and reporting to senior management on the status of the commercial loan portfolio and the potential risks associated with outstanding or new loan requests.
- Analyze credit memos and loan documentation to assess and validate the risk of extending financing to new customers or continuing to offer financing to existing borrowers.
- Effectively monitor and deliver loan renewals, annual reviews, covenant compliance, quarterly watch list reviews, modification write-ups, delinquency reports, and collection efforts.
- Must comprehend and be able to operate within the regulatory requirements of the NCUA, USDA and SBA loan programs.
- Excellent verbal and written communication skills
- Demonstrated competencies in problem solving and decision making
- Ability to work independently to organize and prioritize tasks
- Minimum of three years experience in commercial lending/credit administration
- Ability to read, analyze, and interpret financial/credit documents and statements
- Financial acumen
- Communicates effectively
- Manages complexity
- Decision quality