Business Services Analyst

Who we are:

At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.

Every employee at SECU contributes to our member’s financial well-being, and we’ll always do what’s right for our members, employees, and communities.

Feel good about what you do. Belong to a place where you matter and can make a difference.

What you will do:

The Business Services Analyst will provide critical credit and analytical support to ensure high-quality underwriting for loan requests and annual reviews. The role involves identifying risks, suggesting mitigants, designing appropriate loan structures, and ensuring compliance with SECU policies, procedures, and regulatory requirements. The Analyst will gather information, analyze financial statements, and prepare loan write-ups and annual reviews. They will also compile reports and perform analytical tasks required for regulatory compliance, audits, and Board of Directors' reporting.

The Business Services Analyst adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending and Information Security.

A day in your life might include:

• Prepare loan write-ups from beginning to final product, ensuring accuracy and completeness throughout the process.
• Gather data from internal and external sources, including financial statements, tax returns, and other relevant documentation.
• Spread and analyze financial information to evaluate the creditworthiness and financial stability of borrowers.
• Prepare detailed loan write-ups that summarize financial analysis, risk assessments, and proposed loan structures.
• Conduct annual reviews of existing loans, including gathering necessary data, analyzing financials, and updating loan write-ups accordingly.
• Ensure all loan write-ups and reviews comply with SECU policies, procedures, and regulatory requirements.
• Collaborate with internal teams to gather additional information or clarification as needed to complete loan write-ups and reviews.
• Compile and present key findings from financial analyses in a clear, concise format for review by management and decision-makers.
• Assist with the preparation of reports for regulatory compliance, audits, and Board of Directors’ presentations.

Additional Responsibilities may include:

Duties may evolve over time in response to portfolio growth and changes within the department. As the transition to internal underwriting progresses, the individual will work under the direction of the Commercial Lending Manager to assist in the design of policies, procedures, and forms