Lending Analyst Job Description

Lending Analyst Job Description

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Lending analyst provides guidance to business units on the Fair Lending-related regulations by keeping abreast of developing trends and changes in regulations relating to Fair Lending, including: CRA, HMDA, ECOA, FHA, and other regulations as applicable.

Lending Analyst Duties & Responsibilities

To write an effective lending analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included lending analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Assist senior analysts in the assessment of new senior loan investment opportunities and in the making of investment recommendations to the investment committee
Preparation of a credit proposal to include company and industry analysis, capital structure analysis, cash flow projections, evaluation of collateral adequacy, management, lead lender and sponsor quality
Assist in the on-going monitoring and review of existing transactions including historical financial analysis, cash flow modeling and projections and industry analysis and assessments and review of internal and external ratings
Assist senior analysts in the making on-going buy/sell/hold decisions thru identification of relative value opportunities and when required, assisting in the workout of distressed situations
Detailed analysis of expense management, business lines, product lines, regional profitability, income and margins, providing recommendations to improve division profitability
Development and distribution of reports related to staffing, productivity, income and expenses
Assist with forecasting and modeling
Support incentive calculations and analysis
Research and documentation of GAAP accounting methodology, loan valuation and procedures
Assisting in conversion of GL accounts and cost centers to new platform

Lending Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Lending Analyst

List any licenses or certifications required by the position: PMP, CRCM, ITIL, ACORD, P&C, CSPO, NCCO, CAPM, FIS, ACBS

Education for Lending Analyst

Typically a job would require a certain level of education.

Employers hiring for the lending analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Accounting, Education, Economics, Statistics, Computer Science, Mathematics, Business/Administration, Engineering

Skills for Lending Analyst

Desired skills for lending analyst include:

Microsoft Office
Front to back process in an environment of investment banking
VBA/SQL
CRA
Consumer protection laws and regulations impacting financial institutions
ECOA
Fair Lending rules and regulations
Mortgage rules
Specifically HMDA
UDAAP and Fair Lending

Desired experience for lending analyst includes:

Strong experience in defining test strategy for all applicable phases of the SDLC, including test case scenarios/acceptance criteria
Strong written, verbal and interpersonal communication skills while presenting ideas in business-friendly and user-friendly language
Able to work effectively in partnership with other team members, departments and members of management
Proficiency with MS Office, particularly Access and Excel, and other business-related software
A passion for investment management
A Bachelor’s degree from a prestigious university

Lending Analyst Examples

1

Lending Analyst Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of lending analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for lending analyst
  • Other mortgage origination and servicing projects, as assigned
  • Ongoing reporting and analysis of above projects
  • Running workshops with subject matter experts
  • Completion of analysis to develop solution options and recommendations
  • Support developers and testers, and act as a liaison between the technology delivery team and end users
  • Maintenance of Electronic Credit Files
  • Tracking / Filing of Documentation
  • File / Save Amendment and Approval emails to the shared drive
  • Organize and Maintain credit related materials located in the Portfolio Management Shared Drive
  • Provide support for various ad hoc requests from management
Qualifications for lending analyst
  • Was a member of competitive clubs and/or played team sports in college
  • 5 to 8 years Underwriting experience with working knowledge of all types of loans
  • 1 to 3 years Experience in mortgage lending and motivating teams, but no supervision or leadership of underwriting associates and support staff required
  • Knowledge of specific agency guidelines and procedures, including an in-depth understanding of loan processing and risk analysis as it applies to the underwriting of mortgage loan products
  • Ability to analyze financial statements and tax returns, and implement agency and Bank approved income calculation methods
  • Possess excellent mathematical, analytical, and organizational skills, with strong attention to detail and the ability to use critical thinking and problem solving skills
2

Lending Analyst Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of lending analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for lending analyst
  • Assist in the tracking the delivery of financial statements, covenant compliance certificates, real estate tax payments, insurance payments, and post-closing documents
  • Assist in the preparation and submission of Flow of Funds Forms
  • Assist Portfolio Managers with managing Libor rolls
  • Prepare SBL collateral analysis for Portfolio Managers to review and approve
  • Maintain SBL master account listing
  • Conduct firm-wide searches to confirm credit exposure for Tailored Lending Clients
  • Order Lit/Lien/UCC searches for Annual Reviews/Loan Approval Memos
  • Coordinate with Real Estate Group on Real Estate Collateral Monitoring Reports/Site Inspections
  • Provide assistance on credit work related to FA Hardship Loans
  • Assist in financial and credit analysis for VP Portfolio Managers to review and approve
Qualifications for lending analyst
  • Ability to make swift, sound judgments in ambiguous situations
  • 1 to 2 years of experience in a financial service role
  • Strong desire to work in the financial service field and proven track record of delivering in a complex environment
  • Technically competent with various software programs, such as Word, Excel, PowerPoint, Access/VBA Macros
  • Understanding of financial markets, accounting, economics and or financial service products
  • Ability to leverage and/or elicit cooperation from a wide variety of resources, including external vendor relationships internal resources
3

Lending Analyst Job Description

Job Description Example
Our company is hiring for a lending analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for lending analyst
  • Reporting responsibilities include, but are not limited to, the preparation of monthly dashboards / management reports
  • Reviews product updates from Government Sponsored Entities, Investors, and Housing Agencies
  • Manages product update process with Home Lending partners, using influence and communications skills leading cross-functional teams in the change management process
  • Applies understanding of the mortgage marketplace, emerging trends, and competitive dynamics to identify potential product offerings
  • Develops business cases incorporating potential benefits and costs associated with potential product development initiatives, and demonstrates effective prioritization skills to focus on highest-value activities
  • Provides project support during new product development including guideline analysis, fee review, and investor requirements
  • Takes initiative and works on a self-directed basis to collaborate with all departments in Home Lending Division on product-related tasks
  • Manages project checklist / timeline and provides updates on status
  • Manages implementation of new Down Payment Assistance programs, including negotiating eligibility and approvals with investors
  • Manages Down Payment Assistance program update process with Operations partners
Qualifications for lending analyst
  • 1-3 years of relevant corporate lending, accounting or due diligence experience, preferably in a bank, finance company or accounting firm environment
  • Ability to effectively communicate and summarize findings, both verbally and in writing, in a clear and concise manner
  • 1-2 years investment banking or markets experience (familiarity with financial modeling, accounting concepts and securities analysis a plus, highly developed sense of curiosity a necessity)
  • Undergraduate degree in a quantitative or science subject helpful, but not required
  • Team orientation, ability to multitask and manage a variety of responsibilities
  • Minimum 1 year of experience in a financial service role
4

Lending Analyst Job Description

Job Description Example
Our innovative and growing company is hiring for a lending analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for lending analyst
  • Performs fair lending monitoring and reviews related to lending business units
  • Performs or assists in performing various fair lending self-evaluations for determining potential risk areas identifiable through fair lending data analysis
  • Assists in fair lending audits and regulatory examinations, including compiling requested information for auditors and examiners
  • Maintains current knowledge of lending products, programs, operations, systems, controls, and control performance
  • Monitor clients’ compliance to the terms and conditions of loan and other agreements, assisting in completing annual reviews of facilities
  • Ensure periodic and at least quarterly monitoring of all borrowers and identify trends in the financial condition of accounts
  • Complete the analysis of the monthly reporting provided by the borrower to ensure client is operating within ABL requirements
  • Ensure data integrity of accounts in the assigned portfolio to ensure bank systems are correct
  • Investigate and provide comments daily to Portfolio Management on credit excesses
  • Provide hands on training to task force offsite sessions with Branches and MCC
Qualifications for lending analyst
  • Completion of Minnesota Bankers Association Bank Compliance School, or other professional compliance association training
  • Bachelor's degree or equivalent in Accounting, Economics, Finance or Business Administration (w/ strong emphasis in Accounting or Finance)
  • 3+ years compliance experience with thorough knowledge of fair lending laws, standards, and best practices
  • 5+ years examination experience with a state or federal regulatory agency
  • Previous experience with fair lending for a mid-size bank
  • Demonstrates strong working knowledge of banking industry key banking and business laws
5

Lending Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for a lending analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for lending analyst
  • Gather, define and document complex business requirements and processes
  • Participate in project work and change management, offering Consumer Lending subject matter expertise
  • Prepare, review and present status reports and Business summary presentations to Senior Executives
  • Effectively communicate project information to business stakeholders and management
  • Create and/or manage project plans, supporting Project Managers
  • Facilitate cross-functional team meetings to define project requirements, update teams about the progress of projects and resolve any issues that may arise
  • When appropriate, work as a team leader, providing support and guidance for less experienced team members
  • Train and support business users during new system implementations or upgrades, new process roll out
  • Collaborate with cross-project teams to create/update weekly planning and reporting
  • Participate in RFI/RFP reviews for potential projects
Qualifications for lending analyst
  • Excellent working knowledge of reporting and analytical tools
  • 4+ years of experience in Mortgage Lending and/or Financial Services
  • 2+ years of experience in Mortgage Product Management, Processing, Underwriting, or Operations
  • Functional knowledge of Mortgage Products and Programs and the mortgage marketplace
  • Familiarity with banking policies, procedures, practices and documentation
  • Familiarity with project management methodology, from research and design, to implementation and review

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