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