The Analyst underwrites primarily commercial and some consumer loan applications and routine extensions, recommending loans for approval or alternative proposals to the original loan request. The Analyst is responsible for providing excellent customer service.
Job Responsibilities
Perform routine and complex analytical functions ensuring that Loan Policy and Loan Procedures are followed in the performance of duties. Analyze/Evaluate customers’ financial strength to repay debt; track financial reporting on active loan files. Calculate cash flow and analyze debt service coverage ratios in accordance with loan policy. Negotiate collateral appropriate for loan amount and risk.
Recommend decision (approve, or alternative structure) upon completion of underwriting and appropriately risk rate the request.
Coordinate with Loan Closing Manager as needed on agreed upon closing exceptions.
Ensure all records and documentation are properly scanned and in compliance with retention policies.
Work with the Lending Specialist when questions arise about construction projects.
Identify opportunities for other MIF products/services and refer to proper center of expertise.
Respond to customer inquiries or inquiries from internal staff. Assist staff with any customer escalation issues.
Perform other duties as assigned
Required Experience
Bachelors degree required
5 or more years of commercial lending experience preferred or 7+ years of consumer lending experience with demonstrated history of learning and growth within an organization
Strong negotiation, analytical, and financial literacy skills
Excellent written and verbal communication and use of tactfulness with customers and other professionals
Proficient in Microsoft Office and lending software programs
Ability to collaborate in a team environment
About Mission Investment Fund of the ELCA
The Mission Investment Fund’s primary purpose is to support the establishment and growth of ELCA congregations, synods and affiliated ministries. This is accomplished by providing loans, income producing investment opportunities and consultative services via the various products offered by the Mission Investment Fund.
