P1 - Credit Analyst

Truliant’s mission is to improve lives by putting our members first, providing great service and straightforward financial solutions. Our core values of Member Focus, Service, Guidance, Relationships, and Community define how we interact with members to fulfill our mission of improving lives and providing a foundation on which we conduct ourselves.
Our Promise to Our Teammates: Truliant strives to provide all teammates with an enjoyable place to work where they feel valued, empowered and rewarded for all that they do.
Purpose of the Job
The Credit Analyst is responsible for evaluating the creditworthiness of individuals, businesses, or organizations applying for loans or credit. The Credit Analyst assess financial data, credit histories, and other relevant information to determine the risk involved in extending credit. Key responsibilities include analyzing financial statements, making credit recommendations, ensuring compliance with credit policies, and maintaining effective communication with stakeholders. The Credit Analysts plays a crucial role in managing credit risk and supporting the organization's financial objectives
Essential Functions and Responsibilities
Evaluates credit applications and financial statements to determine creditworthiness.
Conducts risk assessments and analyze credit reports, payment histories, and other relevant information.
Determines credit limits and terms based on established policies and guidelines.
Communicates credit decisions to internal stakeholders and external clients.
Monitors and reviews credit accounts to ensure compliance with payment terms and credit limits.
Identifies and mitigates credit risk factors through ongoing analysis and reporting.
Collaborates with the sales and customer service teams to support customer relationships and resolve credit-related issues.
Stays updated on industry trends, regulations, and best practices related to credit analysis.
Builds and maintains strong relationships with clients to foster trust and loyalty.
Other Duties and Responsibilities
Assists with other tasks and projects as assigned.
Knowledge, Skills, and Abilities
Must have excellent communication skills in English, both verbal and written
Must have basic knowledge of Microsoft Office
Must have ability to understand all business processes within the credit union
Must be resourceful and well organized, with strong attention to detail
Must have good reasoning abilities and sound judgment
Must be able to work in a general office environment
Must be flexible and able to shift resources and priorities as required
Must have strong understanding of financial statements, credit risk assessment, and credit scoring models.
Must be proficient in financial analysis tools and software.
Must have excellent analytical, problem-solving, and decision-making skills.
Must have effective communication and interpersonal abilities.
Must have ability to work independently and collaboratively in a fast-paced environment.
Must have experience with insurance premium finance or related financial services
Should become knowledgeable of P1 Finance’s best practices, policies, and procedures while demonstrating a strong commitment to providing excellent service to Truliant’s members.
Physical Requirements
Occasional standing, walking, bending, and stooping required
Must be able to sit at a desk for long periods of time and use a computer
Must be able to moderately lift or move up to 5 pounds and occasionally lift or move up to 10 pounds
Education and Background
Associate’s degree in Finance, Accounting, or related field required; Bachelor's degree in related field preferred
Previous underwriting experience required preferably in the premium finance or banking industry
If you have a passion for member service and would like to invest in a meaningful career with opportunity for growth, we encourage you to apply to Truliant!
As a member of the Truliant family, you will enjoy the following full time benefits:
No-cost employee Medical, dental, vision coverage
Prescription benefits (including mail order)
Paid holidays and Paid Time Off (PTO)
401(k) plan with contribution matching
Paid community involvement volunteers hours
Paid group life Insurance
Teammate loan discounts
Tuition reimbursement
Short and long-term disability
Health & Wellness program
Teledoc (physician video conferencing)
Onsite fitness facilities or health club reimbursement
Employee Assistance Program (EAP)
Medical flexible spending account
Dependent care flexible spending account