Commercial Portfolio Analyst II

The Commercial Portfolio Analyst II is responsible for completing annual reviews on existing credits to include analysis of cash flow, financial condition, management ability, repayment history, and adjustment to risk rating.  The role also advises the Portfolio Manager regarding appropriate actions for specific member relationships that may require intervention to ensure timely repayment of obligations to the cooperative. 

• Annual reviews of business members to include analysis of cash flow, financial condition, management ability, repayment history, and economic conditions. Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed.  Reports gaps in policies, procedures, and operating controls to leadership to ensure member impact and risk is mitigated.  (45%)
• Leads management of all loss mitigation relationships under $1 million in aggregate credit exposure through ongoing portfolio monitoring efforts such as delinquency monitoring, covenant performance; develops loss mitigation scenarios, including charge-offs, for review by MBS VP and/or Loan Committee; administers loan workouts and asset preservations plans in coordination with lending staff, borrowers, and outside counsel. Verifies that all workout loans are processed and categorized (TDRs) in accordance with established regulations and credit union polices. Conduct annual reviews on downgraded small business members resulting from quarterly SBFE reporting.  Manage the drafting of default notices, bankruptcies, and repossessions. (25%)
• Leads tracking of covenant performance regarding financial reporting, financial performance indicators, and default provisions. Draft notices to members when in violation of material covenants through written correspondence and engages directly on the credit union’s behalf to resolve loan defaults. (15%)
• Assists the Commercial Portfolio Manager in completion of MBS required periodic Board and Departmental reports. (15%)

• A Bachelor’s Degree in Finance, or a Business-related field required; and
• Minimum ten years banking experience, with five years focused on commercial banking; and
• Minimum of two years credit analysis is required.
• Excellent oral and written communication skills are required.
• Strong organizational and follow-up skills are required.
• Proven ability to learn complex or sophisticated concepts and systems, and to apply them appropriately is required.