Financial Risk Analyst
3 weeks ago
We are seeking a detail-oriented and experienced Financial Risk Analyst to evaluate and assess financing applications for creditworthiness, compliance with company policies, and alignment with regulatory standards.
This role involves timely and accurate decisions that support responsible lending practices while meeting customer needs.
Key Responsibilities:
- Evaluate Applications: Analyze borrower financial data, credit reports, income documents, to eligibility for financing.
- Risk Assessment: Determine the risk level associated with lending and provide recommendations for approval, denial, or modification of loan terms.
- Documentation Review: Verify completeness, accuracy, and authenticity of loan documentation, including employment, assets, and debt information.
- Decision Making: Approve or deny loan applications based on credit risk assessment and underwriting guidelines.
- Collaboration: Work closely with underwriters, processors, and other team members to gather necessary documentation and communicate credit decisions.
- Maintain Records: Accurately document decisions and ensure loan files are complete, organized, and updated in the system.
- Continuous Improvement: Stay updated on mortgage industry trends, regulatory changes, and underwriting best practices.
Salary and Benefits:
- Estimated Annual Salary: $85,000 - $110,000 depending on experience and qualifications.
- Comprehensive benefits package, including health, dental, and vision insurance.
- Opportunities for career growth and professional development.
- Supportive and inclusive workplace culture.
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