Credit Analyst

Overview The Credit Analyst plays a key role in the MFRBL underwriting process, as they are responsible for reviewing financial information for the borrower (the subject property) and the guarantors that support the loan that is being proposed. They then outline any missing information, additional context needed on any financial components, and then draft a loan presentation, jointly with the associated Loan Officer that sourced the loan, that accurately depicts the cash flow of the property and the guarantors, and disclose any credit concerns that might arise. They will also include an independent recommendation (approve or decline) for the proposed loan. A strong analytical mind, and ability to draft meaningful context to the numbers and data being presented, is vital for the role. They will perform a similar process for the entire loan portfolio, as periodic reviews of each loan file is needed. Responsibilities Prepare Loan Presentations (New Loans) and Annual/Periodic Reviews (Existing Loans) Ensure that the loan (new or existing) complies with all MFRBL loan policy guidelines. Analyze the financial statements for the subject property or properties as well as any owners and guarantors to independently confirm the strengths and weaknesses of the loan separately from the MFRBL Loan Officer’s analysis. Validate the assigned risk rating per the MFRBL risk rating matrix. Use critical thinking and analysis to produce a thorough loan presentation relied upon by different approving authorities, per the MFRBL loan policy. Prepare a thorough and concise loan presentation, annual/periodic review, or credit memo to document findings and recommendations for approval. Analyze business financial statements and create cash flow models to support new and existing commercial loans, renewal requests, and amendments. Provide meaningful context to financial data to help readers understand the financial condition and credit risks associated with the proposed loan. Consistently identify credit and operational risk and suggest mitigating factors when needed. Clearly and concisely explain key issues and confirm appropriate loan structures within the loan presentation. Prepare Watch List memos for loans experiencing credit issues and needing extra monitoring. Track and meet deadlines for loan presentations and annual/periodic reviews. Prepare credit denial letters and forward to Senior Credit Analyst for second review. Communicate verbally and in writing with borrowers and guarantors to collect financial documents and obtain answers to underwriting questions. May join the MFRBL Loan Officer during meetings or phone calls with borrowers and members. Focus on attention to detail, adherence to loan policy guidelines, and meeting deadlines for completion of reviews and presentations. Primarily underwrite annual/periodic reviews and basic to moderate complexity new loan requests. May have low to moderate interaction with borrowers and guarantors while performing analysis. Ad Hoc Financial Analysis or Research Assist lending staff in performing property-specific research, pre-qualification assessment, completing preliminary financial spreads, and initial analysis of financial condition within the framework of MFRBL Loan Policy. May perform site visits for new loan requests or for existing loans. Perform research on real estate metrics and data using a commercial real estate database. Assist with any research or projects as requested. Other Duties / Internal Support Assist with department report generation (monthly, quarterly, annually) or other miscellaneous loan portfolio monitoring activities. Prepare credit committee materials and agenda, attend credit committee meetings, and draft credit committee meeting minutes. Interact with Department Manager, Loan Officers, Loan Admins, and other internal staff to assist with special projects when needed. Support Loan Officers and Loan Admins in the collection of financial statements from borrowers and guarantors when needed. Help the Loan Operations Manager and Loan Admins prepare for internal and external audits and exams. Development & Training Engage in employee development and growth through internal and external learning of credit and financial analysis topics and trainings. May be asked to complete various commercial underwriting training modules or certification courses. Build competency in borrower and member interaction and communication by joining Loan Officers on sales calls. Maintain understanding and competency of MFRBL Loan Policy. As the department expands, may be asked to train and become knowledgeable in other lending Qualifications Education & Experience Bachelor’s degree in Finance, Accounting, Business Management or related field required. 2-3years’ experience in a Credit Analyst, Financial Analyst, Portfolio Manager and/or Commercial Real Estate Analyst required. Skills Strong math and analytical skills Moderate exposure to commercial lending principles and best practices Moderate understanding of commercial loan documents Moderate exposure to commercial appraisals Superior written communication Ability to multi-task Attention to detail Ability to maintain confidentiality Proficiency to handle high-pressure situations and deliver within stated timelines Problem-solving skills & capable to consistently operate with moderate to minimal guidance Relationship building skills Willingness to learn and desire to grow professionally Utilize strong math, analytical, communication, attention-to-detail, reasoning, and superior customer service (internal & external) skills Working at UW Credit Union Why work for UW Credit Union? Join one of Wisconsin’s premier financial institutions, a National Top Workplace and multi-year recipient of Madison Magazine’s Best Places to Work, Wisconsin State Journal’s Top Workplaces, and Milwaukee Journal Sent