Senior Consumer Loan Analyst, Lending Services

Employer
Pentagon Federal Credit Union
Location
Mclean, VA
Posted
Sep 13, 2017
Closes
Sep 18, 2017
Function
Analyst
Hours
Full Time
Senior Consumer Loan Analyst Lending Services City Tysons Corner State Territory Virginia Added to system PM Apply Now Senior Consumer Loan Analyst Lending Services Summary PenFed is hiring a Senior Consumer Loan Analyst Lending Services in Woodbridge VA The primary purpose of this job is to review and analyze consumer loan decisions made by loan officers and automated lending systems according to policies set forth by PenFeda s Board of Directors and the Credit Department In addition the position will review recommendations by Collections for adjustments to delinquent loans Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions This is not intended to be an all inclusive list of job duties and the position will perform other duties as assigned Conduct monthly loan officer reviews based upon the four risk level components scope of authority compliance decision making and loan performance delinquency and loss ratios Review samples of loan decisions provide feedback to loan officers and determine further review is needed based on credit risk Conduct daily reviews of pending and denied loan applications to determine if there are missed lending opportunities or if further investigation is necessary Assess underwriting procedures to ensure compliance with PenFeda s lending policies and federal and state regulations evaluate adequacy of procedures make recommendations for improvement Perform credit quality reviews of consumer loans analyze loan underwriting credit decision making booking and monitoring activities to identify risks and evaluate the controls in place to mitigate these risks Prepare various reports weekly quarterly annually on credit quality and trends for department management in addition to a monthly Loan Officer Underwriter Summary memo for management Monitor Lending System decisions cross sales automated approvals turn downs denials and counter offers Provide guidance to all levels of loan officers underwriters concerning credit risk based on identified risk level components scope of authority compliance decision making and loan performance Analyze decision recommendations by collections staff for adjusting delinquent loans via due date bumps extension agreements due date changes and collection exception loans Approve or deny loans within the limits set forth by PenFeda s Board of Directors serve as an alternate member of the Senior Loan Committee and is authorized to make exceptions to established PenFed guidelines Assist in maintaining reviewing and updating PenFeda s Policies and Procedures to ensure current loan information is available Assist in updating and revising PenFeda s loan documentation as it relates to the lending process Education and Experience Equivalent combination of education and experience is considered Minimum of seven yearsa progressive experience in consumer lending with at least five years of credit decision making or loan analyst experience required preferably in a bank or credit union environment Prior experience with loan officer underwriter QC auditing is a plus Bachelora s degree in business accounting finance or other related field is preferred High School degree is preferred Advanced knowledge of lending credit laws and regulations including but not limited to Fair Credit Reporting Credit Card Act Equal Credit Opportunity Act Regulations BCE and Z and Truth in Savings Knowledge of lending compliance regulations and system definitions and must operate within established timelines set by management Supervisory Responsibility This position will supervise employees Licenses and Certifications There are no additional certifications required Work Environment While performing the duties of this job the employee is regularly exposed to an indoor office setting with moderate noise Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job While performing the duties of this job the employee is required to meet the following physical demands Physical Demand None Seldom Occasionally Frequently Reading X Writing X Sitting X Standing X Walking X Bending Stretching or Reaching X Driving X Talking on the phone person to person in group X Hearing on the phone person to person in group X Vision for near mid range far peripheral depth and color X Use of computer X Use of telephone X Use of office equipment X Pushing pulling lifting carrying from to lbs X Travel Ability to travel to various worksites and be on call is required About Us Founded in and still growing we began as the War Department Federal Credit Union Today PenFed is one of the countrya s strongest and most stable financial institutions with over million members and over billion in assets We serve members in all states and the District of Columbia as well as on military bases in Guam Puerto Rico and Okinawa Our mission isna t simply to help our members get by We exist to help them realize every ounce of their potential We exist to educate and to encourage We exist to usher their dreams into the land of reality We provide our employees with a lucrative benefits package including robust medical dental and vision plan options plenty of paid time off k with employer match on site fitness facilities at our larger locations and more PenFed is an Equal Opportunity Employer PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race color creed age sex gender religion national origin ancestry genetic information military or veteran status or obligation the presence of a physical and or mental disability and all other statuses protected by applicable state or local law in all recruiting hiring training compensation overtime position classifications work assignments facilities promotions transfers employee treatment and in all other terms and conditions of employment PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed Contact human resources HR with any questions or requests for accommodation at