Lafayette Federal Credit Union

Vice President, Credit Analyst

Lafayette Federal Credit Union

full-time

Posted on:

Location Type: Hybrid

Location: Rockville • District of Columbia • Maryland • United States

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Salary

💰 $78,245 - $120,000 per year

Job Level

Lead

About the role

  • Evaluate and assess the creditworthiness of commercial loan applicants.
  • Analyze financial statements, conducting industry research, communicating with commercial loan applicants, and preparing credit memos that guide loan approval decisions.
  • Identify potential risks associated with commercial loan applications and make recommendations to mitigate those risks.
  • Prepare detailed credit memos that summarize financial analysis, risk assessment, and recommendations for loan approval or denial.
  • Regularly review and monitor the performance of existing loans in the portfolio, identifying early warning signs of potential credit issues.
  • Collaborate with loan officers, relationship managers, LFCU Members, and other team members.

Requirements

  • Ten years to fifteen years of similar or related experience
  • Strong understanding of financial products, credit analysis, and risk management principles.
  • Proficiency in Microsoft Office suite for documentation, analysis, and reporting purposes
  • Ability to analyze complex financial information and make sound business decisions
  • Strong problem solving and analytical skills to assess loan risks and opportunities.
  • A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Benefits
  • Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
  • Fully funded deductible (HMO Plan)
  • 401k employer matching contribution
  • Income protection with life insurance, short and long-term disability
  • Paid time off, holiday leave & birthday leave
  • Educational assistance
  • Commuter benefits program and more !
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
credit analysisrisk managementfinancial statement analysisindustry researchfinancial analysisloan approvalrisk assessmentproblem solvinganalytical skillsbusiness decision making
Soft Skills
communicationcollaboration
Certifications
bachelor's degreeindustry-recognized certifications