Mortgage Credit Analyst jobs in Houston, TX

Department: Credit Department
Report To: Sr. Vice President of Lending
Employment Status: Full Time
Classification: Exempt
Position Summary:
The Commercial Credit Analyst role at PrimeWay is very important to the success of the Business Lending Department. This opportunity is unique based on our structure as a Credit Union. This role will function as a financial subject matter expert and, most importantly, advise senior management with regard to loan decisions. We are searching for someone who will provide leadership by leveraging their strong knowledge of analyzing credits and effectively communicating recommendations both in writing and verbally. This role currently has the option to work remotely, with commitment to work in the office as requested by the employer.
This role is primarily responsible for the quantitative and qualitative analysis of business loans, which includes but is not limited to, reviewing loan documentation packages for completeness, assisting loan officers with structuring loans, spreading and analyzing financial statements and tax returns, preparing financial forecasts, determining loan risk ratings, preparing credit memos for new and existing loans, preparing reports and financial models and assisting with ad hoc projects.

Essential Competencies: Successful incumbents should have 3-5 years minimum experience analyzing financial statements for both simple and complex credit facilities.
Functions:

• Review and confirm loan underwriting packages are complete
• Assist Lenders and recommend appropriate loan structures
• Partner with lenders to prepare credit memo presentations that thoroughly represent the credit and are considered to be stand-alone decision documents.
• Review, spread, and analyze financial statements and tax returns
• Prepare financial analysis narratives of income statements, balance sheets, aging AR reports, etc.
• Calculate business and global cash flow and debt service metrics
• Prepare collateral analysis narratives, including LTV ratios
• Analyze interim financial data, and rent roll reports and prepare annualized and forecasted modeling
• Be the subject matter expert with regard to commercial loan policy and guidelines
• Ensure credit approval stipulations are followed on loan review memos
• Prepare various reports, and financial modeling and assist with ad hoc requests
• Work in conjunction with the commercial lending assistant on various reporting and projects to oversee the lending portfolio.
• Other functions as needed

Qualifications:

• An undergraduate degree is required
• Bachelor's degree and graduate degree in finance, economics, or accounting is preferred
• A minimum of 2 years of experience as a commercial credit analyst working with both simple and complex business loans
• Formal credit training is preferred
• SBA experience is preferred but not required
• Excellent written and oral communication skills
• Effective organizational and time management skills
• Excellent computer skills, including Microsoft Excel and portfolio management systems
• Good knowledge of related state, federal, and NCUA lending and compliance regulations
• Advanced math skills are preferred
• Desire to join a team where you are respected as a key member in decision-making

ADA Requirements:
Perform primarily sedentary work with limited physical exertion and occasional lifting up to 25 lbs. Must be capable of climbing/descending stairs in emergency situations. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on a computer for an average of 6-8 hours per day. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable, and timely attendance.

Job Type: Full-time