Mortgage Credit Analyst jobs in Montana
Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Credit Analyst jobs
Credit Analyst
- Citizens Alliance
-
Great Falls, MT
FULL_TIME
-
Job Details
Description
Position Summary:
The Credit Analyst’s primary function will be to provide credit analysis assistance to the lenders. This position will monitor incoming financial statements for covenant requirements. The Credit Analyst will perform collateral audits, accounts receivable analysis, and borrowing base certificate reviews. This position is responsible for developing and maintaining knowledge of all loan-related regulations and internal compliance procedures. The Credit Analyst must perform all job responsibilities according to compliance requirements.
The level of this position is based on years of service, education and/or equivalent experience, knowledge level and skill set.
Essential Functions
To perform this job successfully, an individual must be able to perform each Essential Function and Skill satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.- Spread financial statements as requested; while maintaining a working knowledge of lending software, to provide overall support and assistance to Lending staff in the financial analysis process.
- Conduct industry research and locate resource material for peer comparison.
- Review incoming financial statements. Update and/or complete financial spreads and covenant monitoring spreadsheets to be forwarded to the appropriate Lending staff.
- Review and assist in negotiating loan agreements and ancillary documents related to transaction closing.
- Complete an analysis of accounts receivable aging and borrowing base certificates received from borrowers.
- Update the customer information system with current availability information.
- Understand the clients’ needs and identify potential cross-selling opportunities for other Bank products and services.
- Perform collateral audits, as requested.
- Provide written financial statement analysis for credit presentations, file comments and annual reviews. Maintain the report of review due and work with lenders to keep comments current.
- Monitor and report on specialized portfolios.
- Perform an annual review of loan portfolios and report findings to appropriate lenders. Provide management report of outstanding issues.
- Complete periodic reviews of file quality for participation portfolio.
- Communicate security valuations deficiencies with lenders and perform any follow up action requested. Provide a summary of actions to supervisor.
- Perform duties in accordance with company policies and procedures, as well as Federal and State Regulations and Laws.
- Excellent written and verbal communication skills.
- Ability to multitask.
- Ability to prioritize workload.
- Assist co-workers as needed.
- All employees are expected to exemplify and follow our core values.
- Regular attendance and punctuality when reporting to work.
- Travel for trade and industry schools and seminars as needed.
- This position may require installation of a Multi-Factor Authentication (MFA) app on an employee’s personal mobile device. THE MFA apps are used to authenticate a user’s identity to the system for security purposes.
- Adhere to and comply with all applicable, federal, and state laws, regulations, and guidance, including those related to BSA/AML, as well as adhere to the Bank’s policies and procedures.
- Perform other duties as assigned and requested.
Humility - We are “blue-collar bankers”. We are relatable, down-to-earth people who greet our smallest customer the same way we greet our largest.
Respectful, Genuine Care for Others - We care about each other, we care about our customers, and we care about our communities.
Finds A Way - This simply put, is nothing more than attitude. It’s a can-do spirit, a desire to help, to contribute, to go above and beyond, and to make a difference.
Effort - We expect a lot of ourselves and hold ourselves to a high standard. We are not entitled, and we need to earn it from our customers and each other every day.
Owning-It - Owning-It or Accountability is a big word that can encompass a great many things. For Citizens Alliance Bank, it’s about ownership. When an employee says they will do something, they follow through and get it done.
Education And Experience
Required - High School diploma or GED.
Required - Continuing Education to maintain job knowledge.
Preferred – One To Three Years Of Banking Experience.
Preferred - One to three years of Financial or Credit Analyst experience.
Preferred - Proficiency In Microsoft Suites.
Citizens Alliance Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual preference or orientation, gender identity, gender expression, national origin, disability, veteran status and all other protected classes. - 2 Days Ago
CREDIT ANALYST
- Stockman Bank of Montana
-
Whitefish, MT
FULL_TIME
- Position General Responsibilities:This position assists the Commercial Lender by spreading customer financial statements and analyzing them, identifying customer strengths/weaknesses. In addition they...
- 8 Days Ago
Credit Analyst
- Pyxai, Inc.
-
Missoula, MT
FULL_TIME
- Do you have a background assisting underwriting?This position prepares financial forecasts with the assistance of bankers to assist in the assessment of the borrower's capacity. Finally they are respo...
- 22 Days Ago
Credit Analyst
- Opportunity Bank of Montana
-
Helena, MT
FULL_TIME
- Opportunity Bank of Montana offers careers in banking with a comprehensive training program, work life balance and meaningful commitment to your community. Are you looking for more than just a job? Ar...
- 2 Months Ago
Mortgage Processor/Loan Officer
- 1st Liberty Federal Credit Union
-
Great Falls, MT
FULL_TIME
- 1st Liberty FCU is actively searching for a Consumer/Mortgage Assistant Loan Officer located in Great Falls, MT. We are dedicated to providing exceptional service to our members and we know that all s...
- 28 Days Ago
Mortgage loan processor
- 1st Liberty Federal Credit Union
-
Great Falls, MT
FULL_TIME
- 1st Liberty FCU is actively searching for a Consumer / Mortgage Assistant Loan Officer located in Great Falls, MT. We are dedicated to providing exceptional service to our members and we know that all...
- 10 Days Ago
Mortgage Credit Analyst jobs at Popular Companies
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- Mitchell Martin Inc.
-
Plano, TX
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Loan Officer
- CapCenter
-
Richmond, VA
- CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
- 6/2/2024 12:00:00 AM
Client Service Analyst
- Gresham Partners, LLC
-
Chicago, IL
- Founded in 1997, Gresham Partners, LLC is a $8 billion Chicago-based investment and wealth management firm serving a sel...
- 6/2/2024 12:00:00 AM
Senior Business Analyst
- Harrison National Employment
-
Philadelphia, PA
- The Senior Analyst will be responsible for managing a pipeline of issues and process improvement opportunities identifie...
- 6/2/2024 12:00:00 AM
VP of Finance
- Scott Credit Union
-
Edwardsville, IL
- The Company At Scott Credit Union, we truly value our employees. While our buildings convey the Scott Credit Union name ...
- 6/2/2024 12:00:00 AM
Private Wealth Management Client Analyst - Cohoes
- Advantage xPO
-
Cohoes, NY
- Advantage xPO is currently looking for a bright, energetic and friendly Client Analyst to support a busy and highly succ...
- 6/2/2024 12:00:00 AM
Underwriter
- Conventus
-
- About Conventus Holdings Corporation was envisioned and created to reduce the number of economic intermediaries involved...
- 6/2/2024 12:00:00 AM
Commercial Mortgage Credit Analyst
- U.S. Bank
-
Brea, CA
- At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarte...
- 5/29/2024 12:00:00 AM
About Montana
Montana (/mɒnˈtænə/ (listen)) is a landlocked state in the Northwestern United States. Montana has several nicknames, although none are official, including "Big Sky Country" and "The Treasure State", and slogans that include "Land of the Shining Mountains" and more recently "The Last Best Place".
Montana is the 4th largest in area, the 8th least populous, and the 3rd least densely populated of the 50 U.S. states. The western half of Montana contains numerous mountain ranges. Smaller island ranges are found throughout the state. In all, 77 named ranges are part of the Rocky Mountains. The easte...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$48,971 to $69,946
Most Popular Cities in Montana for Mortgage Credit Analyst Jobs
What does a Mortgage Credit Analyst do?
Mortgage Credit Analyst in Lancaster, PA
Provide analytical support to residential mortgage loan trading and management team.
January 17, 2020
Mortgage Credit Analyst in Shreveport, LA
Become an expert on our internal credit and cash flow models.
January 27, 2020
Mortgage Credit Analyst in Brownsville, TX
The Mortgage Credit Analyst will work with loan officers, underwriters, closers, borrowers and referral sources to obtain accurate and timely loan information.
December 30, 2019