[Remote] Consumer Credit Analyst III

Note: The job is a remote job and is open to candidates in USA. Golden 1 Credit Union is seeking a Consumer Credit Analyst III to perform risk analysis for consumer loans. The role involves evaluating loan applications, mentoring junior analysts, and maintaining compliance with credit union guidelines while fostering relationships with members and business partners.ResponsibilitiesReview, analyze, and evaluate loan applications based on established credit union policies and apply knowledge of underwriting procedures and risk mitigation techniques to approve, counter, or deny consumer loan applications by:Review and ensure the transaction is accurate, complete and compliantAnalyze credit history to determine propensity for repaymentAnalyze income and financial statements to determine ability to repayEvaluate required documentation for accuracy and truthfulnessApply fraud detection and prevention techniquesUtilize the credit reports to calculate key lending ratios to determine capacity, credit utilization, and Loan to ValueEnsure application request are in line with credit union guidelines, identify mitigating factors and render judgmental decisions within their designated loan authorityMaintain a thorough understanding of state and federal laws and regulations related to credit union compliance- including bank secrecy, anti-money laundering, Fair Lending and Truth in lending laws appropriate to the positionResponsible for receiving and initiating escalated phone inquiries and must communicate and interact with originator and external business partners to provide information or reasoning regarding loan decisionEffectively address and resolve all complaints or issues raised by members, internal staff and business partnersGather information, perform analysis, and prepare reports as directed by managementAssist with training originators regarding lending policies, process or procedures, administering lending promotional campaignsMake recommendations and assist with updating product, policy and procedure materials pertaining to consumer lendingAssist in the preparation of training and/or lending presentationsTrain personnel on lending policies and proceduresProvide work direction, feedback and training to less experienced staffMentor others in credit decision making and department procedures and policiesPerform upgrade validations pertaining to lending systemsUnderstand the use of the automated loan origination system and recommend efficiency improvementsMay act as a team lead and provide performance feedback to less senior consumer credit analystsMay act as a backup in absence of SupervisorPerform other Lending duties as assignedSkillsSuccessful completion of High School curriculum is requiredMinimum 7 year in consumer lending, in a judgmental lending environment where LOS is used as a guide to make decisions4 years of experience reviewing, analyzing, evaluating loan applications and rendering judgmental decisionsStrong analytical, organizational skills and attention to detailAbility to calculate figures and amountsAbility to use logical reasoning when interpreting facts and make objective observations, examinations, evaluations and recommendationsRemain knowledgeable on key trends in the financial services industry that impact loan quality and underwritingSolid interpersonal, oral and written communication skills to build and maintain professional relationships with originator and membersGood leadership abilitiesExtensive knowledge of consumer loan underwriting, credit analysis and reportingPossess a high degree of integrity to use judgment to make appropriate and fair lending decisions on behalf of the credit unionComprehensive understanding of both branch and indirect credit union lending policiesAbility to sell and promote product lines, and back up lending decisions in a way that enhance originator relationshipsTime and queue management skills to effectively prioritize multiple objectivesIntricate understanding of regional lending market conditions and collateral valuesUnderstand the use of the automated loan origination systemOperate on standard Microsoft programs and other computer operationsStay up to date on changes within the department, organization, industry and current market conditionsMust work well in a fast paced and flexible production oriented departmentAnalytical skills to include reviewing and understanding complex paystub and personal and corporate tax return documentsAssociates degree is preferredBenefitsA device to enhance hearing will be provided if needed.Company OverviewGolden 1 Credit Union is a financial cooperative that offers checking, savings, home loan, investment, insurance and online services. It was founded in 1933, and is headquartered in Sacramento, California, USA, with a workforce of 1001-5000 employees. Its website is https://www.golden1.com/.