Credit Clerk jobs in Silver Spring, MD

Credit Clerk evaluates and suggests creditworthiness of prospects and customers to decrease financial risk to the organization. Checks credit applications and grants approval within established guidelines for organizations or individuals. Being a Credit Clerk communicates with the customers and other departments to solve the credit problems. May negotiate terms of payment to assist with collection of overdue balances. Additionally, Credit Clerk requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Credit Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

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Credit Analyst
  • Horizon Farm Credit
  • Frederick, MD FULL_TIME
  • Are you looking for a new opportunity that offers career development/training, ability to work in a collaborative team environment, and provides great work/life balance? 

    Qualified candidate may work in the Reedsville, PA or Frederick, MD branch locations.  The hours of operation are typically, Monday to Friday from 8 a.m. to 4:30 p.m. This position is eligible for hybrid work schedule after 6 months of successful employment. This is a great opportunity to make a difference for agriculture and rural communities.

    This position will serve as a confident financial professional through the delivery of sound credit and financial services within regulations and policies. Accurately and efficiently analyzes and underwrites loans in a sound manner to prospective and existing borrowers.  Works closely with loan officers to structure, condition, and approve credits for our borrowers.  Develops relationships with large or complex customers to more accurately and efficiently analyze the credit.  Promotes related services, participates in credit decisions, and maintains a favorable Farm Credit image. Provides training and guidance to less tenured staff.

    Areas of Responsibility Include but not limited to:

    Based on Size, Scope, and Risk in the overall credit facility; complete the following:

    • Analyze financial information – accurately complete historical trends, pro-forma projections, debt repayment schedules, consolidations, stress testing, Probability of Default and Loss Given Default, source and use table, commodity worksheets, and any other necessary schedules, worksheets, and/or template tools available to adequately support the overall credit recommendation.
    • Prepare a loan narrative that provides an adequate summary of the financial analysis, addressing the applicable five C’s of credit, highlighting credit strengths and documenting credit weaknesses to support the credit recommendation
    • Continue to study and be familiar with internal and external credit practices, loan products, and compliance standards to ensure sound and eligible credit decisions
    • Actively collaborate with Loan Officers to finalize credit recommendations
    • Actively collaborate with Processors to ensure effective processes are in place for positive loan processing and closing results
    • Obtain proper delegated authority approval on credit recommendations
    • Quality review your work; ensure PD/LGD ratings are accurate, underwriting exceptions are documented, loan structure, and covenants are appropriate given the Size, Scope, and Risk
    • Effectively manage loan underwriting pipeline and meet targeted turnaround time for loan decisions. Maintain high level of communication with lending and operations. 
    • Assist as needed in the preparation of larger loan packages. Help monitor larger accounts for compliance to loan covenants and other on-going conditions of the loan approval. Other projects and/or research as assigned.

    REQUIREMENTS:

    • Bachelor's degree in Business Administration, Agriculture, Economics, or Finance. 
    • Generally, two to eight years of credit analysis/underwriting experience preferred. 
    • Must possess sound credit judgement and differential credit skills to complete accurate and timely credit package. 
    • Strong verbal and written communication skills. 
    • A thorough knowledge of agricultural lending and related financial products, services, and selling skills. 
    • Strong analytical and computer skills. 
    • May specialize in a particular industry and serve as an association resource.
    • Participates in association initiatives and engages regularly with cross-functional teams.

    Salary Range: $49,200 - $75,400, depending on previous experience. 

    Equal Opportunity Employer including veterans and individuals with disabilities.

  • 1 Month Ago

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Commercial Credit Analyst
  • Lafayette Federal Credit Union
  • Kensington, MD FULL_TIME
  • If you are an experienced and knowledgeable COMMERCIAL CREDIT ANALYST looking for a great opportunity in a growing team atmosphere and are committed to delivering an unmatched level of customer satisf...
  • 5 Days Ago

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Credit Analyst I
  • Navy Federal Credit Union
  • Vienna, VA FULL_TIME
  • Overview To facilitate a sound capital markets strategy by managing Navy Federal's wholesale credit risk. Monitor and review the creditworthiness of Navy Federal's financial business partners, debt is...
  • 6 Days Ago

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Commercial Real Estate Credit Analyst
  • Lafayette Federal Credit Union
  • Kensington, MD FULL_TIME
  • If you are an experienced and knowledgeable COMMERCIAL REAL ESTATE CREDIT ANALYST looking for a great opportunity in a growing team atmosphere and are committed to delivering an unmatched level of cus...
  • 19 Days Ago

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Credit Union Examiner (Problem Case Officer)
  • National Credit Union Administration
  • Alexandria, VA FULL_TIME
  • Requirements Conditions of Employment You must be a U.S. Citizen. Suitable adjudication of background/security investigation is required. A financial disclosure is required. Must complete initial onli...
  • 3 Days Ago

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(Hybrid) Senior Manager, Credit Card Policy & Risk Analytics
  • PenFed Credit Union
  • Mc Lean, VA FULL_TIME
  • OverviewAre you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing w...
  • Just Posted

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0 Credit Clerk jobs found in Silver Spring, MD area

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Accounting Staff
  • Westin Washington Dulles Airport
  • Herndon, VA
  • Essential Job Functions Checks all invoices for proper documentation either in the form of purchase order or signature a...
  • 3/28/2024 12:00:00 AM

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Credit/Collection Manager
  • Cornerstone Recruiting
  • Baltimore, MD
  • My client, a steel and pipe supplier, is hiring for a Credit and Collections Manager in Baltimore, MD. The ideal candida...
  • 3/28/2024 12:00:00 AM

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Communications Intern
  • Farm Credit
  • Washington, DC
  • JOB OVERVIEW The Farm Credit Council is looking for a summer intern to work with our communications staff in Washington,...
  • 3/28/2024 12:00:00 AM

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International Tax Manager
  • Cherry Bekaert
  • Bethesda, MD
  • **Description** **Cherry Bekaert** has been proudly providing Elite Accounting and Advisory services to our clients for ...
  • 3/28/2024 12:00:00 AM

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Accounts Receivable Coordinator
  • Washington Music Sales Center
  • Silver Spring, MD
  • Job Description Job Description At Chuck Levin’s, we rely on a meticulous financial system to drive business forward. Ou...
  • 3/27/2024 12:00:00 AM

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Senior Program Officer, Credit Usage
  • The Judge Group
  • Washington, DC
  • The Foundation We are the largest nonprofit fighting poverty, disease, and inequity around the world. Founded on a simpl...
  • 3/26/2024 12:00:00 AM

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Asset Manager
  • Low Income Investment Fund
  • Washington, DC
  • Job Description Job Description LOW INCOME INVESTMENT FUND ASSET MANAGER Location: Atlanta, Georgia; Washington, D.C. Re...
  • 3/25/2024 12:00:00 AM

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Assistant Property Manager
  • Habitat America
  • Washington, DC
  • Habitat America, seeks an experienced, professional Full-Time Assistant Property Manager for Spring Flats Apartments. Th...
  • 3/25/2024 12:00:00 AM

Silver Spring is an unincorporated community, large village, suburb of Washington, D.C., and census-designated place located inside the Capital Beltway in Montgomery County, Maryland, United States. It had a population of 79,483, according to the 2017 official estimate by the United States Census Bureau, making it the fourth most populous place in Maryland, after Baltimore, Columbia, and Germantown, and the second largest in Montgomery County after Germantown. Inner Silver Spring consists of the following neighborhoods: Downtown Silver Spring, East Silver Spring, Woodside, North Woodside, Wood...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Clerk jobs
$40,585 to $54,591
Silver Spring, Maryland area prices
were up 1.3% from a year ago