Aberdeen Proving Ground Federal CU
Business Banking Credit Analyst - Commercial
Aberdeen Proving Ground Federal CU, Edgewood, Maryland, United States, 21040
APGFCU – Your Community Credit Union! For over 80 years, APGFCU has shared our financial experience and provided valuable products and services to build stability and financial independence, one member at a time. We are looking for those who want to join this movement and become a part of a growing organization. We offer competitive pay and great benefits.
Scroll down to find an indepth overview of this job, and what is expected of candidates Make an application by clicking on the Apply button.
Summary: Under the general supervision of the vice president of business banking, this position is responsible for assessing and monitoring the credit risks of the credit union’s high-dollar loan applications and its commercial loan portfolio. This involves conducting detailed financial statement analyses, industry assessments, collateral valuations, cash flow analyses, and evaluating the ability to repay annual debt service. The role requires strong analytical skills, attention to detail, and the capacity to make informed credit decisions within established policies and regulatory guidelines. In addition, this position is responsible to enhance the credit union’s image within the community through participation in organizations and events and contribute to the achievement of credit union goals.
Essential Duties and Responsibilities:
Manage business banking loan files to ensure compliance with regulatory guidelines and credit union policies. Determine the credit risk profiles of existing and potential loan relationships based on financial analysis, scenario models, and market conditions. Prepare comprehensive loan presentations, ensuring all deal aspects and risks are accurately represented and ready for approval. Participate in structuring loan requests, suggesting terms, conditions, controls, collateral, and guarantors as necessary. Analyze financial statements and prepare models to assess various scenarios impacting proposed transactions. Ensure that financial covenants, reporting requirements, and loan documentation are adhered to throughout the loan process. Assess all relevant credit and financial information, including financial statements, tax returns, due diligence reports, credit reports, appraisals, and industry research. Work with the VP of business banking to manage deal flow and monitor the quality of the credit portfolio. Implement processes and procedures recommended from internal and external audit points, addressing any issues raised by regulators. Stay updated on accounting standards and financial analysis best practices. Engage in departmental projects and complete related tasks as assigned. Serve as a point of contact for business members, addressing questions or concerns during credit evaluations. Compile and maintain economic data relevant to national, regional, and industry-specific trends. Assess property appraisals and related documentation. Accompany loan officers on client calls to gather information for analyses. Conduct credit inquiries and update information regarding commercial borrowers. Maintain organized and accessible business lending credit files. Provide support to loan officers and assist with member service needs as required.
Other: Perform other duties as assigned.
Additional: Responsible for completion of applicable training and compliance on federal regulations and APGFCU policies and procedures as related to the duties of this position (Bank Secrecy Act, Information Security as examples, if applicable).
Qualifications:
Education: Bachelor’s Degree in Finance, Accounting or Business Administration required. Certifications a plus. Experience can be credited in lieu of education.
Experience:
Minimum of three years of commercial loan underwriting experience, including in-depth knowledge of financial statement analysis, lending regulations, and structuring of commercial credit transactions required. Proficiency in preparing financial projections, assessing collateral reports, and conducting thorough risk assessments a plus.
Knowledge, Skills, and Abilities:
Extensive experience in reviewing and understanding financial statements as a tool in making credit decisions. Strong writing skills and experience in preparing loan request packages. Self-motivated; detail-oriented, with strong organizational skills, decisive, with a “get it done” mentality. Proficient computer literacy in Microsoft Suite, with concentration in Word and Excel. Must possess high level of interpersonal skills, excellent communication, sales, relationship management and public relations skills. Experience in advising loan applicants and assessing loan applications. A high degree of confidentiality is required for this position. Must have functional knowledge and comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must maintain a positive and productive work atmosphere through communicating in a manner that promotes positive working relationships with leaders, members, employees, board members and external vendors.
Physical Demands: 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand; walk; use hands to handle or feel objects, tools, or controls; and talk or hear. The employee frequently is required to reach with hands and arms. The employee is frequently required to type, sit, stoop, kneel, or crouch. The employee must frequently lift and/or move up to 25 pounds, and be capable of transporting related supplies and equipment. Specific vision abilities by this job include vision, distance vision, color vision, peripheral vision, depth perception and the ability to focus.
APGFCU is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability to Protected Veteran status. Please use the attached link to view the EEO law poster http://www1.eeoc.gov/employers/poster.cfm
APGFCU is committed to working with and providing reasonable accommodations to persons of all abilities, including persons with disabilities. If you need a reasonable accommodation for any part of the employment process, please send to the Human Resources Department and let us know the nature of your request and your contact information. Reasonable accommodations are considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodations will be responded to from this e-mail address.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Scroll down to find an indepth overview of this job, and what is expected of candidates Make an application by clicking on the Apply button.
Summary: Under the general supervision of the vice president of business banking, this position is responsible for assessing and monitoring the credit risks of the credit union’s high-dollar loan applications and its commercial loan portfolio. This involves conducting detailed financial statement analyses, industry assessments, collateral valuations, cash flow analyses, and evaluating the ability to repay annual debt service. The role requires strong analytical skills, attention to detail, and the capacity to make informed credit decisions within established policies and regulatory guidelines. In addition, this position is responsible to enhance the credit union’s image within the community through participation in organizations and events and contribute to the achievement of credit union goals.
Essential Duties and Responsibilities:
Manage business banking loan files to ensure compliance with regulatory guidelines and credit union policies. Determine the credit risk profiles of existing and potential loan relationships based on financial analysis, scenario models, and market conditions. Prepare comprehensive loan presentations, ensuring all deal aspects and risks are accurately represented and ready for approval. Participate in structuring loan requests, suggesting terms, conditions, controls, collateral, and guarantors as necessary. Analyze financial statements and prepare models to assess various scenarios impacting proposed transactions. Ensure that financial covenants, reporting requirements, and loan documentation are adhered to throughout the loan process. Assess all relevant credit and financial information, including financial statements, tax returns, due diligence reports, credit reports, appraisals, and industry research. Work with the VP of business banking to manage deal flow and monitor the quality of the credit portfolio. Implement processes and procedures recommended from internal and external audit points, addressing any issues raised by regulators. Stay updated on accounting standards and financial analysis best practices. Engage in departmental projects and complete related tasks as assigned. Serve as a point of contact for business members, addressing questions or concerns during credit evaluations. Compile and maintain economic data relevant to national, regional, and industry-specific trends. Assess property appraisals and related documentation. Accompany loan officers on client calls to gather information for analyses. Conduct credit inquiries and update information regarding commercial borrowers. Maintain organized and accessible business lending credit files. Provide support to loan officers and assist with member service needs as required.
Other: Perform other duties as assigned.
Additional: Responsible for completion of applicable training and compliance on federal regulations and APGFCU policies and procedures as related to the duties of this position (Bank Secrecy Act, Information Security as examples, if applicable).
Qualifications:
Education: Bachelor’s Degree in Finance, Accounting or Business Administration required. Certifications a plus. Experience can be credited in lieu of education.
Experience:
Minimum of three years of commercial loan underwriting experience, including in-depth knowledge of financial statement analysis, lending regulations, and structuring of commercial credit transactions required. Proficiency in preparing financial projections, assessing collateral reports, and conducting thorough risk assessments a plus.
Knowledge, Skills, and Abilities:
Extensive experience in reviewing and understanding financial statements as a tool in making credit decisions. Strong writing skills and experience in preparing loan request packages. Self-motivated; detail-oriented, with strong organizational skills, decisive, with a “get it done” mentality. Proficient computer literacy in Microsoft Suite, with concentration in Word and Excel. Must possess high level of interpersonal skills, excellent communication, sales, relationship management and public relations skills. Experience in advising loan applicants and assessing loan applications. A high degree of confidentiality is required for this position. Must have functional knowledge and comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must maintain a positive and productive work atmosphere through communicating in a manner that promotes positive working relationships with leaders, members, employees, board members and external vendors.
Physical Demands: 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand; walk; use hands to handle or feel objects, tools, or controls; and talk or hear. The employee frequently is required to reach with hands and arms. The employee is frequently required to type, sit, stoop, kneel, or crouch. The employee must frequently lift and/or move up to 25 pounds, and be capable of transporting related supplies and equipment. Specific vision abilities by this job include vision, distance vision, color vision, peripheral vision, depth perception and the ability to focus.
APGFCU is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability to Protected Veteran status. Please use the attached link to view the EEO law poster http://www1.eeoc.gov/employers/poster.cfm
APGFCU is committed to working with and providing reasonable accommodations to persons of all abilities, including persons with disabilities. If you need a reasonable accommodation for any part of the employment process, please send to the Human Resources Department and let us know the nature of your request and your contact information. Reasonable accommodations are considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodations will be responded to from this e-mail address.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)