Date: September 2, 2019
Location: Rockville, MD 20850
Credit Analyst Job Responsibilities
Analyze existing and potential loans by reviewing and analyzing financial statements and related material for existing and prospective borrowers.
Prepare credit approval documents and make recommendations to management regarding lending decision on new or refinance loans.
Investigates all available sources of credit and financial information of borrowers, including report services, credit bureaus, the Risk Management Association, industry trends and other companies.
Prepares quality control reports in accordance with company's policy.
Evaluate and analyze credit history, income levels and assets/liabilities; calculate debt- to-income and loan-to-value ratios.
Responsible for reviewing and addressing items involving loan product, credit, occupancy and employment verifications and order pay off statements.
Provide written loan approvals and modify/restructure existing loans.
Analyze necessary data to run risk management models.
Monitor existing investment portfolio performance.
Request action from Disclosure Desk and other internal partners as required by valid changes in circumstances.
Collect and analyze document to clear lender's all pre-closing & funding conditions.
Update loan origination system.
Maintain various financial databases.
Maintain a working knowledge of both originating systems for 1st mortgage & lines of credit and other home and commercial loan product.
Register Loans with MERS system and do the post-closing quality control.
Perform other financial and professional duties as assigned.
Requirements
Bachelor’s Degree in Finance or a closely related field.
Proficiency in using software tools to conduct quantitative analysis.
Proficiency in using spreadsheet accounting and database programs.
Possess knowledge of financial institution operations, policies and procedures, and credit systems.
Possess strong problem-solving, analytic, organizational, research, and decision-making skills.
Possess professional communication skills to provide quality customer services.
Please send your resume and cover letter to Info@leaderfunding.com. Thank you.
