Credit Analyst - Maspeth Federal Bank : Job Details

Job Description It is the responsibility of the person in this position to process and complete credit analysis on each mortgage application. Reports To Credit Manager Primary Responsibilities Review PG (Personal Guarantee) and SAE (Single Asset Entity) Residential & Commercial loan applications Familiar with ATR/QM, DODD FRANK, Fannie Mae/Freddie Mac Underwriting Guidelines, QM & Non-QM loans Basic Knowledge of HMDA reporting Familiar with Mortgage Pre-Approvals and Loan Estimates Identify/Review/Analyze Personal and Business returns such as: 1040, 1120C, 1120S, 1065, Trust Returns Review and Analyze Profit and Loss, Balance Sheets, Interim Financial Statements, etc Review Appraisal reports Residential and Commercial Accurately compute DTI, DSCR, LTV, and CLTV ratios Review Appraisal reports Residential and Commercial Have complete knowledge of all mortgage products offered by Maspeth Federal Savings Prepare daily loan pipeline reports as needed Interact with applicants/brokers/attorneys in person, through e-mail and over the phone. Input information into the Association's origination system. Correlate and compile the information provided and present the analysis for approval in a timely manner with a deadline in mind. Assist in preparing loan files for Bank Attorneys for closing Other duties as assigned. Desired Skills & Experience 3 years of Credit Underwriting experience in Residential and Commercial mortgage loans 2 years of experience reviewing Appraisal Reports Bachelor's degree in finance (or related field) or equivalent years of relevant work experience Must be proficient in Microsoft Word, Excel, Outlook Strong computer skills - Word, Excel and Encompass Understanding of credit reports and credit reporting agencies Excellent written and verbal communications Ability to manage relationships both internally and externally Detail oriented, able to adhere to deadlines in a timely manner Must follow procedures and have ability to adapt to ever-changing environment of Credit Underwriting