Consumer Credit Analyst III

JOB TITLE

Consumer Credit Analyst III

DEPARTMENT

Dealer Services Ops

STATUS

Non-Exempt

JOB CODE

1730

PAY SCALE

$37.25 – $40.00 Hourly

LOCATION

Remote in CA only

GENERAL DESCRIPTION

Consumer Credit Analyst III is responsible for performing risk analysis for complex secured and unsecured consumer loans. The Credit Analyst reviews, analyzes, and evaluates consumer loan applications and based on their judgment approve, modify or deny consistent with credit union guidelines. Consumer Credit Analyst III must clearly document and communicate the reasoning for their decision. Maintain and strengthen relationships with members, and internal/ external originators. A Credit Analyst III will mentor less senior analysts and be prepared to assist in more complex credit decisions or approve transactions outside of other’s lending authority. Maintain a thorough understanding of the credit union’s underwriting standards, risk philosophy, credit culture and market conditions. Exhibits good leadership ability.

TASKS, DUTIES, FUNCTIONS

1. Review, 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 compliant.
• Analyze credit history to determine propensity for repayment.
• Analyze income and financial statements to determine ability to repay.
• Evaluate required documentation for accuracy and truthfulness.
• Apply fraud detection and prevention techniques.

2. Utilize the credit reports to calculate key lending ratios to determine capacity, credit utilization, and Loan to Value. Ensure application request are in line with credit union guidelines, identify mitigating factors and render judgmental decisions within their designated loan authority.

3. Maintain a thorough under...