Loan Analyst
This job profile is not included in a recognized pathway.
Description
Responsible for packaging/underwriting loan applications, coordinating
loan closing activities, and maintaining relationships with existing loan clients.
loan closing activities, and maintaining relationships with existing loan clients.
Tasks
- Assess loan applications for completeness, accuracy, and compliance with lending policies and guidelines.
- Analyze financial statements, tax returns, and collateral to evaluate creditworthiness and repayment ability.
- Identify risks in loan requests and recommend strategies to mitigate potential losses.
- Prepare clear and thorough loan proposals to support informed lending decisions.
- Communicate with applicants to explain loan status, clarify financial details, and gather needed information.
- Coordinate all aspects of loan closings, including document preparation and attending scheduled closings.
- Monitor existing loans, conduct site visits, and manage delinquency and modification requests as needed.
Qualifications / Education
Bachelor’s degree in finance or related field or 5 years’ equivalent work experience
in lieu of degree.
3 years’ experience in commercial lending, underwriting, and legal
lending practices.
in lieu of degree.
3 years’ experience in commercial lending, underwriting, and legal
lending practices.
