Mortgage Credit Analyst jobs in Albany, NY
Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Credit Analyst jobs
Commercial Credit Analyst
- Pioneer Savings Bank
-
Albany, NY
FULL_TIME
-
TITLE: Commercial Credit AnalystLOCATION: HeadquartersREPORTS TO: Commercial Credit OfficerCLASSIFICATION: Full Time, ExemptPAY GRADE: EX 55 ($58,459 - $85,000 annually)AVAILABILITY: Monday-Friday 8:00am-5:00pm
Position Summary:Responsible for providing analytical support to the Commercial Loan approval and credit renewal processes by assembling, analyzing, and organizing relevant data in an objective and independent manner.
Essential Job Functions:- Analyze new loan requests including review of financial, organizational, industry and competitive data within provided formats, to ensure appropriate and timely credit decisions are recommended and presented for approval.
- Complete required annual credit reviews, term loan reviews, monitoring of covenants and evaluation of risk rating grades and credit scores as part of the ongoing due diligence of the commercial portfolio.
- Review commercial loan requests for completeness. Gather necessary supporting financial information, reports, and other data necessary to analyze credit requests in the preparation of applicable underwriting documents.
- Determine the sufficiency of both business cash flow, and global cash flow of the borrower and guarantors. Analyze collateral and guarantor strength and review loan request conformance to Bank policies.
- Attend customer calls with lender upon request.
- Utilize the Bank’s software programs to spread financial statements, analyze cash flow, obtain operating ratios, test covenants, compile industry comparisons, and recognize and analyze trends to determine the viability of requests.
- Assemble and maintain commercial credit files and maintain the imaging system.
- Utilize public and institutional data to compile compliance data on loans, responsibility to order Credit Reports, Business Reports, Tax Searches and other analytical and compliance related data as needed.
- Provide back up support for colleagues, when necessary.
- Use knowledge of the bank’s services to develop and/or refer potential customers to the appropriate business development or sales officer.
- Perform additional duties as assigned.
Education & Experience:- Bachelor’s Degree in Business, Finance, or Accounting required.
- Two (2) years’ experience in a Commercial Credit Analyst position preferred.
- Five (5) years’ experience as a Commercial Credit Analyst can be substituted for the educational requirement.
- Must possess a high level of analytical ability and proficiency in Word, and Excel. Expectation to become proficient in the use of Bank systems and use of the Internet to complete research.
- Individual should be experienced in analyzing financial statements and making industry evaluations.
- Flexibility with regard to work schedule (some evenings and Saturdays) and able to meet deadlines.
- Transportation between local offices required.
As an Equal Opportunity / Affirmative Action Employer, Pioneer Bank will not discriminate in its employment practices due to an applicant’s race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law.
The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. - 3 Days Ago
Credit Risk Analyst
- New York ISO
-
Rensselaer, NY
FULL_TIME
- The NYISO’s Finance department invites applications for a full-time Credit Risk Analyst. The Credit Risk Analyst will assess and review credit portfolios of NYISO Market Participants and assist in con...
- 3 Days Ago
Mortgage Loan Processor I
- PREMIUM MORTGAGE CORPORATION
-
Latham, NY
FULL_TIME
- The Mortgage Loan Processor I will be responsible for completing the following job duties. Reviews all documentation provided by Loan Officer and ensures all eFolder Placeholders are properly labeled,...
- 1 Day Ago
Mortgage Loan Originator
- Jet Direct Mortgage
-
Albany, NY
FULL_TIME
- MORTGAGE LOAN ORIGINATOR All Mortgage Lenders talk about their competitive compensation, quick turn times, in house products, etc. Sure we all have those, but why focus on the things that are a given ...
- 13 Days Ago
Part-Time Bank Secrecy Act Analyst
- First New York Federal Credit Union
-
Albany, NY
PART_TIME
- DescriptionThe Part-Time Bank Secrecy Act Analyst will be responsible for executing compliance functions, elements of the Bank Secrecy Act/Anti-Money Laundering/OFAC programs, and daily transaction mo...
- 1 Month Ago
Disclosure Coordinator
- PREMIUM MORTGAGE CORPORATION
-
Latham, NY
FULL_TIME
- The Initial Disclosure Coordinator will be responsible for completing the following job duties. This job description reflects management’s assignment of essential functions; and nothing in this herein...
- 2 Days Ago
Filters
- Current Active Filter
- Albany, NY
Clear All
- Filter Jobs By posted time
- Within 1 Day
- Within 2-7
- Within 1 Month
- Within 3 Months
0 Mortgage Credit Analyst jobs found in Albany, NY area
NY FarmNet Financial Consultant, FarmNet: SC Johnson College of Business - Albany, New York
- Cornell University
-
Albany, NY
- The SC Johnson College of Business: Leading at the intersection of people, business, and technology, the Cornell SC John...
- 4/26/2024 12:00:00 AM
Financial Analyst
- Sunmark Credit Union
-
Latham, NY
- Job Description Job Description People Helping People, that is what Sunmark Credit Union is all about! Why join the Sunm...
- 4/26/2024 12:00:00 AM
BSA Analyst II
- Axos Bank
-
- Axos Bank Target Range: $66,560.00 /Yr. - $68,728.00/Yr. Actual starting pay will vary based on factors including, but n...
- 4/24/2024 12:00:00 AM
CWM - Goldman Sachs Ayco Personal Financial Management - Marketing Operations, Associate Albany, NY
- Goldman Sachs
-
Albany, NY
- MORE ABOUT THIS JOB: Consumer and Wealth Management (CWM) Across Consumer and Wealth Management (CWM), Goldman Sachs hel...
- 4/24/2024 12:00:00 AM
Assistant Branch Manager & Management Hire
- Under Armour
-
Latham, NY
- Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
- 4/24/2024 12:00:00 AM
Finance Specialist - Faculty Practice Support
- Albany Medical Center
-
Albany, NY
- Department/Unit: Budget & Planning Work Shift: Day (United States of America) Salary Range: $65,057.00 - $107,343.00 Thi...
- 4/23/2024 12:00:00 AM
NY FarmNet Financial Consultant, FarmNet: SC Johnson College of Business - Oneonta, New York
- Cornell University
-
Albany, NY
- The SC Johnson College of Business: Leading at the intersection of people, business, and technology, the Cornell SC John...
- 4/23/2024 12:00:00 AM
Branch Office Administrator
- Edward Jones
-
Delmar, NY
- Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
- 3/27/2024 12:00:00 AM
About Albany, New York
Albany (/ˈɔːlbəni/ (listen) ALL-bə-nee) is the capital of the U.S. state of New York and the seat of Albany County. Albany is located on the west bank of the Hudson River approximately 10 miles (16 km) south of its confluence with the Mohawk River and approximately 135 miles (220 km) north of New York City.
Albany is known for its rich history, commerce, culture, architecture, and institutions of higher education. Albany constitutes the economic and cultural core of the Capital District of New York State, which comprises the Albany–Schenectady–Troy, NY Metropolitan Statistical Area, including ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$53,074 to $75,816
Albany, New York area prices
were up 1.5% from a year ago
were up 1.5% from a year ago
What does a Mortgage Credit Analyst do?
Mortgage Credit Analyst in Cleveland, OH
Analysts benefit from on-the-job training, online development tools and a culture that encourages continuing education.
November 27, 2019
Mortgage Credit Analyst in Brownsville, TX
The Mortgage Credit Analyst will work with loan officers, underwriters, closers, borrowers and referral sources to obtain accurate and timely loan information.
December 30, 2019
Mortgage Credit Analyst in Shreveport, LA
Become an expert on our internal credit and cash flow models.
January 27, 2020