Member Business Loans (MBL) Senior Credit Analyst- Endwell, NY

About Us

We're in the business of people helping people and you can help us change lives just by working here. Whether it's helping a member make a transaction, buy their first home, or improve their financial wellness one step at a time - you have an impact on their lives just by working here, no matter what your position may be.

Work with us - and be part of something bigger than banking.

In exchange for your time and talents, we offer generous benefits. After all, you make us awesome, so we take care of you with things like...

• Pension Plan, 401k Plan with company match
• Excellent health benefits
• Flexible Paid Time Off (PTO), Volunteer Time Off (VTO), and Wellness Time Off (WTO)
• 10+ paid holidays per year
• Lifestyle Spending Account stipend for wellness, caregiving, or personal expenses such student loans and tuition reimbursement
• Employee recognition program
  ...and more !

At Visions, we do, and will continue to, treat all of our employees fairly and with complete respect, regardless of race, ethnicity, gender, and any other differences. We strive to celebrate the diversity of our employees, as they are part of the fabric of this great credit union.

Title of Position: Member Business Loans (MBL) Senior Credit Analyst

Position Overview: As an MBL Sr. Credit Analyst, you will prepare loan packages and loan approval records for commercial term loans, commercial mortgages, and lines of credit using spreadsheets and other reports. This role ensures that all pertinent information/documentation is included in files for loans in the MBL portfolio.

Position Type: F ull-Time. Typical shifts include Monday through Friday 8:000AM to 5:00PM

Compensation Range: $28.00/hr. - $36.50/hr. *Hiring rates may be dependent on a number of factors, including years of directly related work experience, education, geographic location or special skills*

Location: On-site at our Corporate Headquarters in Endwell, NY.

At this time, Visions Federal Credit Union will not sponsor a new applicant for employment authorization or offer any immigration related support for this position.

Responsibilities/Duties:

• Perform analysis of financial statements, such as tax returns, accountant prepared statements, and personal financial statements, using spreading software designated by Credit Union.
• Prepare spreadsheets using balance sheets and income statements to analyze ratios, trends, liquidity, net worth, and profitability.
• Prepare real estate cash flows for properties being collateralized and verifies validity of real estate projections using market data.
• Perform credit investigations of credit reports, Dun & Bradstreet reports, and industry comparisons to evaluate credit risk associated with submitted loans.
• Evaluate each borrower's financial condition via earnings and repayment ability to ensure loans are properly structured while identifying exceptions to MBL Policy and Procedures.
• Use items from the financial and credit analyses to prepare loan approval records for commercial term, commercial mortgage, line of credit, borrowing base certificates, and branch business loans that explain appropriate cash flows and collateral evaluations.
• Make recommendations for grade classification rating for loan approval records based on a risk rating scoring module derived from the financial and credit analyses.
• Perform annual reviews of current MBL borrowers as indicated by policy using existing and projected financial and credit analyses.
• Make recommendations for upgrade and downgrade to loan classifications as indicated by the risk rating module derived from the financial and credit analyses.
• Review real estate appraisals for accuracy to determine proper loan collateralization.
• Adhere to all Credit Union policies, procedures and regulatory agency requirements including, but not limited to, training activities and regulatory compliance.
• Provides departmental back-up coverage as needed.
• Respond effectively to changing ideas, responsibilities, expectations, trends, strategies, and other processes.
• Demonstrate a commitment to diversity, equity, inclusion, and belonging through continuous development, modeling inclusive behaviors, and proactively managing bias.
• Perform other duties needed to help fulfil our mission, drive our strategy, and support our organization's values.

Minimum Qualifications & Experience:

• Associates degree in a financial field in combination with at least 2 years of related experience in a finance or lending related field.
• Proficient in the Microsoft Office Suite programs.
• Proficient with standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines, PCs, etc.
• Visions remains committed to the aspects of diversity and inclusion and will consider alternative education and experience.

Preferred Qualifications & Experience:

• Bachelor's degree in a financial related field in combination with at least 2 years of related experience in a finance or lending related field.

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