Mortgage Credit Analyst jobs in Ohio
Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Credit Analyst jobs
Credit Analyst
- Preformed Line Products
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Mayfield, OH
FULL_TIME
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The Credit Analyst will assist the Credit Manager with development and execution of policies and procedures for valuation of credit for third-party customers (domestic and international) credit and collection activities for PLP USA. Apply cash payments daily, reconcile differences between payment and amount due as necessary. Analyze customer payment trends and recommend to Credit Manager adjustment of credit terms on customer accounts. Ensures proper recordation of cash receipts and adjustments in customer accounts. Investigate and collect delinquent accounts of customers. Coordinates legal requirements with internal/external legal counsel related to customer delinquencies and bankruptcies. Manufacturing Process Specialist will drive global manufacturing performance improvement through equipment, process engineering, and product engineering collaboration.
Essential Functions:- Supports the Credit manager, ensuring accurate recording of cash receipts to individual customer accounts and reconciles customer accounts to general ledger. Handles, processes, and records cash receipts from all sources, foreign and domestic. Ensures accuracy of the accounting distribution of all miscellaneous cash receipts and proper recordation in detail records.
- Assist Credit Manager with reviews, analysis and interpretation of third-party customer financial data and independent party credit reports to assess credit risk and establishes initial credit line and payment terms for new credit requests. Adjusts existing customer accounts credit line and payment terms by analyzing current trends in customer purchases, payment history, and financial risks.
- Corresponds directly with customer to resolve past due open items and collect delinquent amounts. Communicates to marketing and sales personnel on actions taken and solicits their counsel and assistance where necessary.
- Assist Credit Manager with override approval on open orders on credit hold and releases open orders for shipment.
- Directs sales service department to issue debit and credit memos based on detail review and analysis of customer accounts when appropriate.
- Assist with recommendation of uncollectable amounts for write off.
- Serve as back-up in performance of Credit Managers responsibilities.
- Prepares and reviews monthly aging reports for both domestic and international customer accounts and other financial reports and summaries as assigned. Runs and reviews monthly customer statements, attaching written comment and invoice attachments when appropriate.
- Maintains customer credit files including financial statements and credit reports.
- Although not directly related to credit and collections, assist other finance department activities
Qualifications and Requirements- Associates or Bachelors degree in business or equivalent.
- Three to five years of related experience.
- Ability to use a computer and applications such as Microsoft Word and Excel.
- Must be a self-starter and able to work both independently and with the sales and marketing team to achieve company wide goals.
- Must have communication skills to interact effectively with customer’s procurement and financial management personnel to resolve discrepancy and payment issues. Must maintain independence and courage of conviction to protect company assets and practices for credit and collection. Must be able to effectively communicate and work with Company management.
- Must have and maintain the prerequisite computer skills necessary to successfully complete assigned responsibilities.
- Just Posted
Credit Analyst
- Rust-Oleum
-
Beachwood, OH
FULL_TIME
- Tremco Construction Products Group brings together Tremco CPG Inc.’s Commercial Sealants & Waterproofing and Roofing & Building Maintenance divisions; Tremco Barrier Solutions Inc.; Dryvit, Nudura and...
- 7 Days Ago
Credit Analyst
- ITW
-
Troy, OH
FULL_TIME
- Company DescriptionHobart Service, an Illinois Tool Works Company, has been in business for over 125 years and is the trusted source for Commercial Food Equipment Service Solutions. We have over 1,700...
- 9 Days Ago
Credit Analyst
- First Federal Community Bank
-
Dover, OH
FULL_TIME
- Position Name: Credit Analyst Supervisor: Executive Vice President, Chief Credit Officer FLSA Classification: Non-Exempt Status: Full-Time, onsite in office Location: Dover Financial Education Center,...
- 9 Days Ago
CREDIT ANALYST
- Flexstaff
-
Cincinnati, OH
FULL_TIME
- Well-established manufacturing company on the east side of Cincinnati, OH is looking for a Credit Analyst. Our finance team is looking for a full-time credit analyst to join their team. Under the dire...
- 13 Days Ago
Credit Analyst
- Hobart Service
-
Troy, OH
FULL_TIME
- Company Description Hobart Service, an Illinois Tool Works Company, has been in business for over 125 years and is the trusted source for Commercial Food Equipment Service Solutions. We have over 1,70...
- 1 Month Ago
Mortgage Credit Analyst jobs at Popular Companies
Senior Mortgage Backed Securities Analyst
- Dynex Capital, Inc.
-
Glen Allen, VA
- Function: Portfolio Management Job Title: Senior Mortgage-Backed Securities Analyst About Dynex: Dynex is a leading fina...
- 4/26/2024 12:00:00 AM
Mortgage Loan Purchaser
- West Gate Bank
-
Lincoln, NE
- The Mortgage Loan Purchaser (Loan Review Analyst) will be responsible for reviewing and purchasing loans from correspond...
- 4/26/2024 12:00:00 AM
Asset Management Analyst
- TruAmerica Multifamily
-
Arlington, VA
- About TruAmerica Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart a...
- 4/26/2024 12:00:00 AM
Sizing Analyst
- TBG | The Bachrach Group
-
- Hot Job Alert! We are looking for experienced Sizing Analysts with 1-3 years of experience in loan sizing, preferably in...
- 4/26/2024 12:00:00 AM
Product Analyst
- TechStar Group
-
Dallas, TX
- Key : Mortgage Professionals in the product space (can be Analysts) in the DFW area. Need technical candidates with a hi...
- 4/26/2024 12:00:00 AM
Payroll Specialist
- Confidential
-
Plymouth, MI
- Independent Mortgage Banker is seeking a Payroll Analyst to join our team. Responsibilities: Creating and updating emplo...
- 4/26/2024 12:00:00 AM
Buy Side Valuations Analyst
- Coda Search│Staffing
-
New York, NY
- We are currently partnered with a $10B+ credit fund looking expand their Valuations Group by bringing on an Analyst. Thi...
- 4/26/2024 12:00:00 AM
Mortgage Analyst
- Aptask
-
Irving, TX
- Position: Insurance Specialist/ Commercial Loan Specialist Contract: 3-6 months Contract with possibility to convert Ful...
- 4/23/2024 12:00:00 AM
About Ohio
Ohio /oʊˈhaɪoʊ/ (listen) is a Midwestern state in the Great Lakes region of the United States. Of the fifty states, it is the 34th largest by area, the seventh most populous, and the tenth most densely populated. The state's capital and largest city is Columbus.
The state takes its name from the Ohio River, whose name in turn originated from the Seneca word ohiːyo', meaning "good river", "great river" or "large creek". Partitioned from the Northwest Territory, Ohio was the 17th state admitted to the Union on March 1, 1803, and the first under the Northwest Ordinance. Ohio is historically know...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$51,140 to $73,052
Most Popular Cities in Ohio for Mortgage Credit Analyst Jobs
What does a Mortgage Credit Analyst do?
Mortgage Credit Analyst in Lancaster, PA
Provide analytical support to residential mortgage loan trading and management team.
January 17, 2020
Mortgage Credit Analyst in Shreveport, LA
Become an expert on our internal credit and cash flow models.
January 27, 2020
Mortgage Credit Analyst in Brownsville, TX
The Mortgage Credit Analyst will work with loan officers, underwriters, closers, borrowers and referral sources to obtain accurate and timely loan information.
December 30, 2019