Financial Analyst

Greater Commercial Lending is looking for a Financial Analyst with a passion for supporting business growth, job creation, and improving the quality of life in the communities we serve.

About The Position:

The Financial Analyst is responsible for providing documented and justified recommendations to Relationship Officers, External Partner Brokers/Underwriters, and Senior Management on the viability of new credits. This role is designed to complement and collaborate with other GCL departments by providing analysis and monitoring services including but not limited to: Evaluating the eligibility and credit worthiness of businesses and determining the ability to repay commercial loans by financial spreads, appropriate credit structuring, conducting cash flow, guarantor, collateral, industry analysis, and developing preliminary credit summaries for the credit memo; Proactively monitor the performance of borrowers, identify deviations from agreed financial performance and covenants, and make recommendations on appropriate credit re-structures, including managing client relationships, monitoring construction progress, problem loan restructuring methods, risk identification, and loss mitigation tools; Demonstrate, acquire new, and share knowledge and practices regarding Commercial Real Estate Loans, Business Lines of Credit, and Equipment Financing, including SBA 7(a), SBA 504 Loan Guarantee programs, USDA Rural Energy, USDA Business & Industry, and USDA Rural Development Loans.

Who we're looking for:

Before we get into the specific details of this position's requirements and qualifications, let's focus on the bigger picture of Greater Nevada, and what makes a Greater Nevadan.

Greater Commercial Lending is a wholly owned subsidiary of Greater Nevada Credit Union that helps businesses nation-wide, from a cattle operation in Nevada, to a denim mill in Louisiana, to a biofuel terminal in Hawaii. GCL finds financial solutions to complex challenges by leveraging a diverse set of products, and its work is consistently recognized as one of the top USDA lenders in the nation.

At Greater Nevada, our passion is Helping More People Live Greater. When we say "people," we mean every single person who we interact with or could interact with, from our team members to our community members.

To do this, we practice C.A.R.E. with our Values:

• We Care Genuinely.
• We build relationships because we know that we are Greater Together.
• We Stay Trustworthy as we serve our communities.
• "Be Bright" rings in our ears as we find custom solutions that meet our members' needs.
• We Inspire One Another, our members, and our communities to re-imagine what Living Greater can be.
• In every moment, we Enjoy the Experience. It's what has made the last 70 years greater and what we carry into the future as we continue to serve.

These values have guided us to become the largest Nevada-based credit union to touch the lives of more than 88,100 members and thousands upon thousands of people through our community and philanthropic work.

To live by those values, we make a deal with every single one of our team members-the C.A.R.E. Deal. It's a win-win agreement that we shake hands-on at the beginning of our relationship together.

As a Greater Nevadan, that means we make four promises to you:

• Compensation and Benefits - We offer Greater Pay and Greater Benefits, including:
• Competitive compensation and incentive pay
• Medical, dental, and vision plans, where we cover 90% of employee costs and about 75% of the costs for their dependents
• Health Savings Account contributions
• Supplemental insurance and life insurance plans
• 401(k) match
• Paid time off, including vacation and sick time, 11 annual paid holidays, eight hours of personal leave, and sabbatical leave after seven years of employment
• Paid time to volunteer and make a contribution to the community
• Special access to Greater Nevada Field and University of Nevada athletic events
• Employee appreciation events throughout the year
• Local Discounts for parks, events, and services
• Employee product and service discounts
• Advancement - We strive to be a place where you can grow into your next career move, without having to leave the Greater Nevada family. So, we offer extensive training and development opportunities for each employee. Our continuous coaching culture allows for more direct and regular performance feedback and compensation.
• Recognition - We invest time, energy, and resources to find creative, impactful, and fun ways to deliver recognition that fits each Greater Nevadan's successes.
• Environment - Nobody wants to come to work in a place that's dull and filled with drudgery all day long. So, part of our side of the deal is ensuring you have a great place to work in and great people to work with.

Now, here's the specifics of what we're looking for in a Financial Analyst.

Our C.A.R.E. deal goes both ways, so here's how we expect each team member to demonstrate they care:

• Competence - Greater Nevadans know how to do their job and do it well-or they know how to access the resources they need to accomplish great things.
• Attitude - We don't expect team members to plaster a fake smile on their faces every day, but we do expect them to bring their best attitude to work and strive for greatness.
• Relationship building - We put a lot of emphasis on building build strong relationships with members, clients, coworkers, and the communities that we serve. Why? Because those connections enable us to live our passion: Helping More People Live Greater.
• Effectiveness - We ask each Greater Nevadan to be productive, efficient, and successful at the work they do.

What You'll Be Doing

• Effectively demonstrate our passion and purpose as a non-profit organization by "Helping More People Live Greater."
• Communicates directly with clients, and potential clients, regarding credit events and actions as needed, recommending and implementing new loans, renewals, and restructures to meet client, lender, investor, participant, and Agency requirements.
• Performs complete analyses of new and existing borrower(s) and guarantors(s) using internal assessment tools, the company's tax returns, financial statements, business credit reports, industry trends, third party reports, knowledge of applicable SBA/USDA regulations and conventional guidelines to create the initial credit memo including a market, credit, and collateral analyses to make informed decisions on new loans, renewals, and restructures.
• Prepare complex, written credit presentations for use by credit committees, investors, participants and Agencies in making credit decisions on new, existing service requests, and delinquent loans.
• Collaborate with Diversified Assets on restructuring facilities to mitigate risk and improve borrower performance.
• Work closely with all GCL departments to ensure seamless transition of borrower from loan closing to portfolio monitoring or Syndication and Lending Partnerships, Investor Relations, and Diversified Assets.

Location & Travel

Remote position - United States

• The Financial Analyst has the option to work remotely or at one of our office locations
• Greater Commercial Lending is located in beautiful Northern Nevada
• You must be willing and able to travel to locales other than the normal location for the position, including overnight trips as appropriate for your job responsibilities
• Must possess a valid Driver's License and have access to a reliable vehicle

Compensation

• $65,000.00- $95,000.00 per year
• Competitive compensation and Greater Benefits are part of our deal

Skills

• Commercial Loan analysis and underwriting experience. (3-8 yrs)
• High level of reasoning, analysis and attention to detail.
• Ability to work independently to organize and prioritize tasks.
• Ability to understand and apply statutory and regulatory compliance matters.

Physical Demands

• While performing the duties of your job, you may regularly be required to sit and use a keyboard (including repetitive motions with hands, fingers, arms, etc.). You may also frequently be required to stand, walk, and reach with hands and arms, bend, and kneel.
• You may be required to lift and/or move up to 20 pounds.

Greater Nevada is an Equal Opportunity Employer

Employment at Greater Nevada is based solely on a person's merit and qualifications directly related to professional competence. Greater Nevada prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.