Mortgage Credit Analyst jobs in Wilmington, DE

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)

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CREDIT ANALYST
  • Dover Federal Credit Union
  • Dover, DE FULL_TIME
  • Description

    The primary function of this position is to analyze information and credit reports to evaluate degree of risk of business loans and prepare recommendations for the AVP of Commercial Loan Department, Chief Executive Officer, Senior Credit Analyst and Loan Committee.  A key component of this service is to identify the financial needs of the member and recommend an appropriate credit union solution. In addition, assist with the daily operations for the Commercial Loan Department.

    Requirements

    • Review loan packages to insure all financial information has been obtained with appropriate signatures and analyze credit information to make a general assessment of member’s creditworthiness.
    • Conduct in-depth review of balance sheet and profit and loss statements presented by applicants for commercial loans or lines of credit, and evaluate.
    • Assess liquidity, quality of management, market position, and overall business climate to estimate future profitability of business.
    • Complete industry research.
    • Analyze and review appraisals of real estate used as loan collateral.
    • Complete risk rating analysis to determine appropriate risk ratings on credit requests, existing credits and annual reviews.
    • Compile and structure loan package for presentation. Prepare report-summarizing findings.
    • Monitor payment practices to protect credit union from bad debt losses.
    • Spread financial statements.
    • Complete financial analysis on financial statements and tax returns to include annual reviews.
    • Assist AVP of the Commercial Loan Department. Chief Executive Officer, and Senior Credit Analyst in preparing Credit Proposal Summaries.
    • Work with accountants to obtain and/or review financial information.
    • Monitor portfolio to insure all financials, aging reports and other required documents are up to date.
    • Monitor portfolio to include tracking for annual financial reviews.
    • Assist in preparing closing loan documents.
    • Create opportunities for expanding existing business member relationship by cross selling product and determining additional products and services for both the member’s business and personal needs.
    • Participate in Community events.
    • Serve as Notary

    Job Specifications

    • Requires education equivalent to a Bachelor’s degree.
    • Requires minimum of five years of related experience and or training in services at a bank, credit union, and/or other financial institution. Corporate, industry training, or continuing education on the business market, small business target market, etc. desirable.
    • Must possess a valid state driver’s license & insurance. Duties are performed in an office environment but also may require travel to other credit union facilities to provide assistance and/or attend meetings, training and networking events.  Duties may also require travel to business meetings within the local community and out of the state.
    • Professional, well-developed interpersonal skills essential to maintain courteousness, tactfulness, and diplomacy with the Board of Directors, members, management, a diverse group of callers, visitors, and vendors.
    • Ability to read and understand business financial statements.
    • Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to members and employees.
    • Strong organizational ability, versatility, time management, with ability to work with minimal or no supervision.
    • Proficient in math and calculations related to lending (calculations and concepts involving decimals, percentages, fractions, etc.)
    • Work requires proficient computer skills (MSWord, Excel, PowerPoint, and Microsoft Outlook) and the ability to learn new software applications. Must have ability to operate standard office equipment such as copier and calculator. (Testing prior to interview)
    • The ability to have considerable discretion and judgment when working with confidential and sensitive information.
    • NMLS required, or ability to get within six months of hire.

    Physical Requirements

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle or feel, reach with hands and arms, and talk or hear. The employee is occasionally required to stand, walk, bend, kneel, and reach above or at shoulder level. The employee must occasionally lift/push/pull and/or carries up to 10 pounds.

  • 10 Days Ago

T
Credit analyst ii
  • TD Bank Group
  • Wilmington, DE FULL_TIME
  • We are working to deliver a legendary mobile experience. If your experience is less than optimal, please visit us on a desktop or laptop. QA Analyst II Credit Cards & Unsecured Lending Delivery Operat...
  • 9 Days Ago

B
SBO Payment and Credit Analyst
  • Bayhealth
  • Dover, DE FULL_TIME
  • Position Description 30 Old Rudnick Ln STATUS: Full Time 80 Hours SHIFT: GENERAL SUMMARY: Summary: This position is accountable for processing Provider Level Adjustments (PLBs) received from insurance...
  • 13 Days Ago

C
Collections Analyst
  • Citadel Federal Credit Union
  • Exton, PA FULL_TIME
  • The Collections Analyst is responsible for mitigating loss to the Credit Union by contacting members with delinquent loans and negative checking accounts and negotiating appropriate arrangements to cu...
  • Just Posted

F
Information Security Analyst
  • Farm Credit Network
  • Dover, DE FULL_TIME
  • Are you looking for a career opportunity that offers a good work/life balance, the opportunity for career growth, and the ability to work in a collaborative team environment? Overview Horizon Farm Cre...
  • 14 Days Ago

F
Information Security Analyst
  • Farm Credit Council
  • Dover, DE FULL_TIME
  • Are you looking for a career opportunity that offers a good work/life balance, the opportunity for career growth, and the ability to work in a collaborative team environment? Overview Horizon Farm Cre...
  • 14 Days Ago

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0 Mortgage Credit Analyst jobs found in Wilmington, DE area

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Clinical Trials, Billing, Budget and Compliance Specialist
  • University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 3/18/2024 12:00:00 AM

U
Research Specialist A - Computational - Cremins Lab
  • University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 3/18/2024 12:00:00 AM

L
NEW ACCOUNT SET UP ANALYST
  • Lakeview Loan Servicing
  • Horsham, PA
  • Overview: POSITION SUMMARY: This position oversees the daily disbursement of escrow and principal curtailment funds to s...
  • 3/17/2024 12:00:00 AM

T
DOCM Data Analyst (Cancer Center)
  • The University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 3/16/2024 12:00:00 AM

Z
QC Mortgage Analyst / Quality Control Risk Analyst ( Remote & Onsite Once a week ) --- LOCALS ONLY
  • Zillion Technologies, Inc.
  • North Philadelphia, PA
  • THIS IS A DIRECT BANKING CLIENT REQUIREMENT ! Those authorized to work without sponsorship are encouraged to apply pleas...
  • 3/14/2024 12:00:00 AM

T
Quality Assurance Analyst (Regulatory) CVPF (Center for Cellular Immunotherapy)
  • The University of Pennsylvania
  • Philadelphia, PA
  • University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned le...
  • 3/14/2024 12:00:00 AM

H
Restaurant Management Experience - Hospitality -Paid Weekly
  • Hotel Resource
  • Philadelphia, PA
  • **Grocery, Restaurant - Food Service, Entry Level** **Restaurant Management Experience - Hospitality -Paid Weekly** Rest...
  • 3/14/2024 12:00:00 AM

According to the United States Census Bureau, the city has a total area of 17.0 square miles (44 km2). Of that, 10.9 square miles (28 km2) is land and 6.2 square miles (16 km2) is water. The total area is 36.25% water. The city sits at the confluence of the Christina River and the Delaware River, about 33 miles (53 km) southwest of Philadelphia. Wilmington Train Station, one of the southernmost stops on Philadelphia's SEPTA rail transportation system, is also served by Northeast Corridor Amtrak passenger trains. Wilmington is served by I-95 and I-495 within city limits. In addition, the twin-s...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$54,773 to $78,235
Wilmington, Delaware area prices
were up 1.0% from a year ago

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.
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