Credit Quality Analyst

Job Description

Job Description

BCforward is currently seeking a highly motivated Credit Quality Analyst   for an opportunity in Charlotte, NC- USA

Position Title:  Credit Quality Analyst

Location:  Charlotte, NC- Hybrid

Anticipated Start Date: ASAP

Please note that this is the target date, which is subject to change. BCforward will send official notice ahead of a confirmed start date.

Duration: 12 Months and possibility in extension but not guaranteed

Pay rate: $30.22/ Hr on W2

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Position Summary

In-Office Position: Training 5 days a week in office- Normal business hours 8am-5pm. Discuss hybrid schedule once fully trained.

Preferred skills:
- Commercial Credit
- Wholesale Credit
- Fulfillment Booking/Funding experience (non-residential)
- Reading credit agreements

Required Knowledge:
- LIQ/ Loan IQ experience

Basic Overview:
- Reviewing credit agreements to determine pricing, contract terms, requirements, etc.
- Entering data into LIQ the system of record
- Work with deal teams collecting documents, answering questions, getting confirmation on requirements, prepare for the engagement.
- Occasionally it can require interactions with an Agent Bank but not client.

This position supports the loan booking and closing activities in the Loan IQ system of record on behalf of the Syndicated & Corporate Lending Credit Fulfillment Team.

Required Skills:
• LoanIQ Expertise: Proficiency in LoanIQ software or similar loan management systems.
• Degree or experience in banking and/or finance.
• Attention to Detail: The ability to meticulously review and verify loan documents for accuracy and compliance with regulatory standards.
• Communication Skills: Strong verbal and written communication skills to interact with internal and external stakeholders, including attorneys, clients, and other departments.
• Organization: Excellent organizational skills to manage and prioritize a high volume of loan closings efficiently.
• Problem-Solving: Ability to identify and resolve issues or discrepancies in loan documentation.
• Software Proficiency: Familiarity with loan management software and related tools commonly used in the financial industry.
• Time Management: Effective time management to meet tight deadlines and ensure timely loan closings.
• Customer Service: Providing excellent service to clients and addressing their queries or concerns.
• Team Collaboration: The capacity to work well in a team, as loan closers often collaborate with underwriters, legal teams, and other departments.
• Risk Management: Understanding of risk assessment and mitigation within the context of corporate lending.
• Analytical Skills: Strong analytical abilities for evaluating financial statements, credit reports, and other financial documents.
• Adaptability: Flexibility to handle changing priorities and evolving lending regulations.
• Integrity and Confidentiality: Maintaining the highest standards of integrity and respecting the confidentiality of sensitive financial information.
• Data Analysis: Analytical skills for evaluating financial data and reports.
• Regulatory Updates: Staying informed about industry trends and regulatory changes related to lending practices.
• Independence: Must demonstrate the ability to work independently.

Desired Skills:
• Loan Syndication Knowledge: Understanding of syndicated lending processes and best practices.
• Loan Documentation Expertise: Knowledge of loan documentation requirements, including familiarity with syndicated and corporate lending agreements.
Credit Analysis: Ability to assess the creditworthiness of corporate clients.

1. Financial Credit Experience
2. Problem Solving
3. Attention to Detail

 

Benefits:

BC forward offers all eligible employees a comprehensive benefits package, including, but not limited to, major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN, with an Offshore Development Center in Hyderabad, India, BCforward’ s 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.