Senior Credit Analyst

Who We Are We have the fundamental belief that we, as an organization, can and will improve lives.
Rooted in the centuries old credit union philosophy of people helping people, we maintain a simple premise.
Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind.
We must not accept less if we are to fulfill our mission, "We Improve Lives.
" This mission empowers us to serve the greater good and to make a difference in our world.
Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well being of members.
At BHFCU, we’re committed to improving the lives of our members every day, and we look for people who share that passion.
Don’t have a ton of financial industry experience? No problem.
Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.
General Purpose: Support position responsible for underwriting and reviewing business loans, analyzing financial information of new and existing business loan requests, preparing credit presentations, and providing recommendation to the loan decision.
Work with individual business lenders on current, new, complex and/or troubled credits.
Essential Duties/Responsibilities Underwrite business loans and analyze financial information to determine the degree of risk involved in extending credit.
Interpret and analyze credit data, financial statements and related materials in conformity with GAAP.
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
Prepare credit presentations and analyze the financial condition, repayment sources, credit structure, and collateral associated to the loan request.
Provide recommendation to the loan decision process based on evaluation of credit risk, ratios, and other key factors.
Evaluate members records and recommend payment plans based on earnings, liquidity, payment history, and lifetime value of collateral.
Generate reports from financial analysis software to evaluate members financial status.
Confer with business lenders and other business representatives to exchange and verify credit information and financial transactions.
Occasionally meet with members to review their business operations, discuss their financial statements and analyze their credit requirements.
Maintain business credit files while in underwriting to ensure the adequacy of loan documents and supporting information.
Evaluate and perform commercial real estate appraisal reviews.
Review and refine reports, presentation templates and other business service processes to increase operational efficiency Perform on-going reviews for the business loan portfolio ensuring that credits are reviewed at least annually.
Assist in maintaining portfolio monitoring and provide input on reports.
Provide coverage for Business Support Specialist and provide training to support staff.
Perform other duties as assigned.
Other Duties/Responsibilities Keep current on business related compliance issues.
Understand SBA underwriting requirements and documents.
Maintain knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, use of forms, and other office procedures and terminology.
Assist lenders and loan support staff in loan closing activities.
Administer solutions in documentation and processing systems Job Knowledge Working knowledge of the credit union's products and services.
Working knowledge of organization's policies/procedures and credit union's service philosophy.
Working knowledge of safety and security program for false alarms, robberies, bomb threats and extortion.
Working knowledge of credit union's in-house computer system / Internet.
Advanced knowledge of state and federal business lending regulations.
Working knowledge of GAAP, UCA cash flow analysis methodology.
Job Qualifications (Skills) Black Hills FCU is committed to working with its employees to reasonably accommodate them with the physical aspects of the position.
The following list outlines the physical considerations that are normally encountered in this job.
Vision: A sighted person to effectively review documents.
Speech/Hearing: Ability to communicate verbally and in writing with staff, members and vendors.
Manual Dexterity: Ability to perform necessary computer-related input.
Physical Mobility: Limited mobility required.
Requires the ability to work flexible hours.
Job Qualifications (Ability) Proficiency with numbers, financial information, spreadsheet and word processing applications Exceptional skills in using computers and computer systems to enter data or process information.
Ability to communicate effectively with management, staff and vendors.
Ability to express oneself, clearly and concisely, both orally and in writing.
Ability to prepare and maintain confidential records and reports.
Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
Ability to analyze statistics and financial data.
Ability to assess needs of multiple members and prioritize requests to ensure that all members receive the highest quality service possible.
Ability to handle daily routine with moderate freedom to interpret and act upon various situations.
Ability to present a professional and personable personality that communicates to members and visitors that the credit union is a professional financial institution.
Ability to develop professional relationships with members and to build cooperative teams with coworkers.
Ability to work independently with minimal supervision, prioritize workflow, and complete multiple work assignments accurately while meeting deadlines.
Ability to organize projects and to maintain a courteous demeanor in a busy, high stress work environment.
Ability to make timely decisions, to exercise judgment, and resolve problems efficiently to provide service to our members.
Highly motivated, inquisitive, detailed oriented, and adaptive to change.
Job Qualifications (Education/Experience) MINIMUM EDUCATION REQUIREMENTS Bachelors degree preferred, with an emphasis in accounting and finance (or equivalent experience).
Significant course work in accounting, finance or economics preferred.
MINIMUM WORK EXPERIENCE 5 years direct commercial credit underwriting experience, including commercial real estate and C&I lending; or 5 years previous commercial banking, accounting, or economic research work experience is preferred Working Conditions Material and Equipment Involved In-House Computer System / Internet Personal Computer .
Microsoft Office Programs Work Environment/Physical Activities Job requires limited physical effort.
It is basically a desk assignment.
The job calls for a high degree of mental concentration to interpret and act upon a wide range of situations.
The job requires a degree of attention to details.
Black Hills Federal Credit Union is an equal opportunity employer.
All applicants will receive consideration without regard to age, race, color, sex, sexual orientation, genetic information, religion, national origin, disability, veteran status, or any other status or condition protected by state or federal law.
BHFCU will provide reasonable accommodation to qualified persons with a disability but who are otherwise able to perform the essential functions of the job.