Commercial Loan Underwriter

Telhio Credit Union

paid holidays, 401(k)

United States, Ohio, Columbus

Apr 13, 2025

Position:
Commercial Loan Underwriter

Location:

Columbus, OH

Job Id:
792

# of Openings:
1

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. Telhio's mission is to be a trusted financial partner, committed to serving our community with integrity, care and commitment. Every interaction with our members is guided by these core values. We foster a culture of accountability, respect, and inclusivity-embracing diverse perspectives and actions to strengthen our organization, Board of Directors, staff, and membership.

Position Summary:

The Credit Analyst evaluates the credit worthiness of businesses and determines their ability to repay loans and lines of credit, including those used to purchase equipment, real estate and other goods. Their responsibilities include developing financial profiles and investigating credit histories. The Credit Analyst will also conduct a cash flow analysis determining how much cash and liquid asset a business has on hand with how much it owes. This position also prepares the loan material for presentation to the Business Loan Committee.

What you will do:

Risk Analysis:
- Proficiently reviews and Interpret member legal and consumer financial documents, to make sound analyses.(i.e., credit reports, pay stubs, tax filings, divorce, trusts, and death certificates)
- Interpret and Review business financials to make reasonably profitability analysis. (I.e. Profit loss statements, income statements, corporate tax filings).
- Interprets and reviews Commercial Real Estate Appraisals
Credit Analysis for Loan Committee
- Conducts financial analysis to determine financial status and expected profit from loan products
- Prepare reports that include the degree of risk involved in extending credit or lending money
- Perform and document financial spread.
- Generate financial ratios, using computer
- Assign overall risk rating of loans to ensure that they are in line with Telhio's Credit Union Loan Policy
Loan Committee Preparation and Presentation:
- Review and compile the loan application documentation for completeness.
- Structures loan package for presentation
- Prepare loan packages and present to approving authority and loan committee.
- Preparing written evaluations and recommendations for approvals
- Creates Presentation s for loan Committee meeting
- Utilizes standardized presentation format / outline in Presentation
- Presentation delivery is clear and organized
- Presentation delivery clearly communicates the identified risks associated with the loa
- Responds clearly and accurately to the questions raised by the Business Loan Committee.
Communication:
- Communicates in effective and organized manner with Business Loan Committee and Chief Lending Officer
- Communicates in effective and organized manner with borrower / potential borrower
- Communicates in effective and organized manner with associates
- Correspondence is written in a professional manner and tone

What you will need:

Bachelor's Degree Required
1-3 years Credit Analyst experience in Commercial Lending Required
Ability to read and understand bank, financial statement and tax return documents
Strong math and analytical skills
Good decision making skills
Effective communication skills (oral and written)

What you will earn:

Competitive pay
Benefits: several medical plan options, dental, free vision, free life and free disability insurance
Additional financial incentive programs for employees enrolled in our insurance
6% matching and immediately vested 401(k) plan
Generous schedule for paid holidays, vacation and personal time for a healthy work-life balance
Opportunity for personal career growth, continued education and mentorship programs
Volunteer opportunities impacting the local community

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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position requires sitting; some reaching; frequent standing and walking; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds.

This is a Non-Collective Bargaining Unit.

Telhio is an Equal Opportunity Employer.

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