Credit Associate

This is a fully remote position, open to applicants in Texas.

📋 Description

• Assess the creditworthiness of both new and existing customers in accordance with departmental and corporate guidelines, policies, and procedures.

• Examine and interpret financial statements, credit reports, tax returns, public records, and other pertinent financial documents.

• Analyze the risks associated with granting credit by utilizing financial data, market trends, and industry insights.

• Employ credit scoring models and tools to determine credit scores and ratings.

• Gather and validate information from credit bureaus, financial statements, tax returns, and direct interviews with customers.

• Create detailed credit reports, including financial evaluations, risk assessments, and recommendations for approval or denial.

• Present insights and credit recommendations to senior management, underwriters, or loan committees.

• Ensure adherence to relevant laws, regulations, and lending standards.

• Interact with applicants, lenders, and other stakeholders to collect information and clarify credit decisions.

• Assist in the development and refinement of credit policies and procedures.

• Monitor the credit performance of active loans and credit lines, suggesting corrective actions when necessary.

• Keep abreast of industry developments, economic factors, and changes in the credit market that may impact lending decisions.

⛳️ Requirements

• A bachelor's degree in finance, accounting, economics, or a related discipline, or over 5 years of relevant work experience.

• Strong analytical abilities and expertise in financial statement analysis.

• Knowledge of risk assessment methodologies.

• Familiarity with regulatory guidelines and compliance standards relevant to lending and credit.

• Excellent written and verbal communication skills.

• Detail-oriented with the capability to work both independently and collaboratively within a team.

• Proficiency in financial software and data analysis tools.

• Strong problem-solving skills and the capacity to make informed decisions based on available information.

• Prior experience in credit analysis or a similar role is beneficial.

• Must successfully complete a credit check, criminal background check, and pre-employment drug screening, including marijuana testing.

• Must fulfill U.S. employment eligibility requirements through E-Verify/right-to-work verification.

🏝️ Benefits

• Eligible for an Annual Discretionary Cash Bonus Target: 10%.

• Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 10%.

• Medical, Dental, Vision, and Life Insurance.

• Paid Sick Leave.

• 3 weeks of Vacation.

• Holidays (approximately 11 each year).

• HSA or FSA account and additional voluntary benefits.

• 401(k) Retirement Savings Plan with Employer Match Program.

• 529 Savings Plan.

• Employee Mortgage Loan Program.

• Complimentary access to an Axos Bank Account with Self-Directed Trading.