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Eastman Credit Union is now hiring a Business Services Credit Analyst!
Our ideal candidate will conduct themselves in a way that reflects our high standards of professionalism and customer service. These standards include excellent communication skills, leadership ability, self-awareness, and flexibility. We search for candidates that reflect integrity, loyalty, and dedication in everything they do.
Eastman Credit Union offers competitive pay and benefits, promotional opportunities, and a culture that is hard to beat! We have high expectations for performance and want employees who can rise to the challenge.
Summary:
Provide credit administrative support for business and commercial loan origination and monitoring the existing loan portfolio. Work with loan origination staff in assessing risk and compliance with rules and regulations. Prepare, review, and analyze the creditworthiness of loan requests. Make sound and prudent underwriting decisions and recommendations. Ensure adherence to policies, procedures, regulations, and state and federal laws.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Obtain information from commercial lenders and work in tandem to verify receipt of all appropriate financial information and documentation.
- Spread and analyze financial statements of potential business borrowers and existing borrowers. Prepare projected cash flow statements, break-even analysis, ratio comparisons, income property analysis, etc.
- Compile questions about potential borrower and credit report for loan coordinator.
- Must be able to interpret ambiguous and complex data using independent judgment and discretion.
- Determine terms and acceptability of risk according to prudent lending standards, policy, and guidelines. Document and articulate credit decisions.
- Prepare addendum to loan coordinator’s write up as to financial analysis. Review documentation and all pertinent financial information as to support loan amount requested.
- Assign or recommend accurate risk ratings loan grades.
- Exercise sound judgment in the execution of loan approval authority for business and commercial loans. Make credit decisions within assigned authority limits or recommendations for loans escalated to higher authority levels.
- May serve as backup support for commercial construction loan disbursements.
- Make presentations to loan committee(s) as Make amendments and additions to credit memorandums as needed.
- Ensure that business and commercial loans are underwritten in compliance with all applicable laws and regulations as well as internal guidelines and procedures.
- Monitor receipt of on-going financial information of existing borrowers and update write-ups with current information.
- Perform annual credit reviews and collateral inspections.
- Perform appraisal, environmental reports, insurance and title policy reviews.
- Assist in preparation and review of Commitment Issue loan commitments in accordance with loan approval conditions.
- Review and analyze subsequent servicing requests (collateral releases, substitutions, subordinations, etc.).
- Maintain consistency in documentation and cash flow projections on credit facilities.
- Assist in credit training for staff and credit administration.
- Coordinate and assist with projects as requested.
- Notating and reporting to loan officers incomplete or inaccurate financial statements submitted for analysis.
- Assist in development, implementation, and testing of new products and software.
- Identify and manage risks within the department.
- Other duties as assigned.
Skills Required
- Spread and analyze financial statements; prepare projected cash flows, break-even analysis, and ratio comparisons.
- Underwrite business and commercial loans; determine terms and acceptability of risk and document credit decisions.
- Knowledge of lending policies, procedures, and applicable state and federal regulations and compliance requirements.
- Ability to interpret ambiguous and complex financial data using independent judgment and discretion.
- Prepare and amend credit memorandums; present credit recommendations to loan committees.
- Assign or recommend accurate risk ratings and loan grades.
- Perform annual credit reviews, collateral inspections, and appraisal/environmental/title/insurance reviews.
- Review and analyze subsequent servicing requests (collateral releases, substitutions, subordinations).
- Coordinate with loan origination staff and loan coordinators to verify documentation and financial information.
- Serve as backup for commercial construction loan disbursements and assist with Commitment Issue preparation.
- Strong communication, leadership, customer service orientation, and ability to train credit staff.
- Assist in development, implementation, and testing of new products and software.
Eastman Credit Union Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Eastman Credit Union and has not been reviewed or approved by Eastman Credit Union.
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Healthcare Strength — Health, vision, and dental coverage are broad, with company-paid life and disability protection, HSAs/FSAs, and a wellness program. Insurance quality is characterized as strong, and protection benefits are comprehensive.
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Strong & Reliable Incentives — An established bonus plan and profit sharing augment base pay. Incentives are portrayed as a meaningful and consistent part of total compensation.
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Retirement Support — A 401(k) with employer match alongside a profit-sharing retirement plan supports long-term savings. These elements indicate a competitive retirement offering.
Eastman Credit Union Insights
What We Do
ECU is a not-for-profit financial cooperative serving communities in TN, VA, and TX. Federally insured by NCUA. Member Equal Housing Lender. Equal Opportunity Employer. Eastman Credit Union is committed to providing our members with Extraordinary Member Service through our Service Excellence Program. By hiring and retaining the BEST employees, our focus is on the member and we drive our business based upon the needs and wants of our member owners. The employees of Eastman Credit Union are recognized as a tremendous asset. We value our employees and want them to value ECU as a desirable place to work. We recognize the key to extraordinary member service is a competent, well-trained staff. We strive to ensure that our employees have both the knowledge and resources needed to serve our membership in an efficient, effective manner, one member at a time. The key to our culture at ECU is we look for people who are professional, analytical, patient, kind, self-motivated, service oriented, empowered, involved and confident. If this sounds like you, please bring your talents and skills to ECU.
