About this role
ABOUT THE ROLE
CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Credit Analyst Trainee to help grow our Originations Department. This in-person role is in our Plano, TX office. As a Credit Analyst Trainee, you will collaborate with Loan Officers, Loan Processors, Underwriting, Compliance team and other essential departments. The Credit Analyst Trainee will be responsible for performing a detailed review of loan documentation. This includes reviewing the credit application, credit reports, income documentation, asset documentation and any other loan documentation required to render a credit decision.
The Credit Analyst Trainee serves as a developmental pipeline role for future Credit Analysts. In addition to reviewing loan documentation and supporting the loan decision process, the position will develop foundational underwriting knowledge, credit analysis skills, and investor guideline expertise necessary to independently evaluate loan eligibility and advance into a Credit Analyst role.
ESSENTIAL DUTIES & RESPONSIBILITIES
- Review and analyze loan application, credit report, income and asset documentation to render credit decisions in compliance with investor guidelines
- Maintain the highest level of service possible for retailers and customers
- Provide unparalleled service, ensuring needs are met in a timely and accurate manner
- Effectively communicate the loan approval or denial reasons to appropriate party
- Work with internal staff to provide follow-up, counter offers and additional information
- Refer loan requests with recommendations and documentation to underwriters
- Reviews conditions submitted on approved loans, clears conditions when appropriate and submits to Credit Analyst for review and approval
- Ensure loans adhere to investor guidelines
- Analyze borrower credit profiles and identify strengths, weaknesses, and compensating factors
- Calculate and validate borrower income, assets, and debt-to-income ratios under applicable investor guidelines
- Develop a working knowledge of manufactured housing lending programs and underwriting standards
- Review appraisal, title, survey, and collateral documentation to identify potential issues requiring escalation
- Participate in loan scenario discussions and recommendation reviews with Credit Analysts and underwriters
- Research investor guideline requirements and apply findings to loan file review
- Demonstrate progressive ability to independently evaluate loan eligibility and risk factors
- Complete cross-training and developmental underwriting assignments as part of Credit Analyst career progression
- Assist Loan Officers by completing service orders and reviewing condition submissions
- Conduct trainings for new employees
- Assist servicing department by collecting payments during times of high volume
- Ability to adjust work and thought process to accommodate multiple investor guidelines
- Consistently meets and exceeds individual, team and department objectives
- Perform other duties and special projects as assigned
POSITION REQUIREMENTS, CAPABILITIES & SKILLS
- Effective written, verbal communication and interpersonal skills
- Capable organizational and time management skills, with the ability to multi-task
- Strong analytical and critical thinking skills
- Ability to interpret and apply lending guidelines across multiple investors
- Strong research and decision-making capabilities
- Ability to evaluate financial documentation and identify risk factors
- Ability to analyze borrower qualification ratios and supporting documentation
- Self-motivated with the ability to work independently while exercising sound judgment
- Highly organized and solutions-focused with a commitment to accuracy
- Ability to identify and resolve problems in a timely manner
- Employ a strong sense of urgency and ownership in all activities
- Ability to work well with a wide range of people
- Positive & professional demeanor
MINIMUM QUALIFICATIONS
- BA/BS degree required in Marketing, Business, Accounting, Finance or Management
- Demonstrated aptitude for financial analysis and interpretation of documentation
- Ability and desire to progress into a Credit Analyst role within approximately six months based on performance and business needs
- Working knowledge of Microsoft Office Suite, specifically Excel
CAREER PATH DEVELOPMENT
The Credit Analyst Trainee position is designed to prepare employees for advancement into the Credit Analyst role. Successful employees may be considered for promotion after demonstrating proficiency in:
- Income calculation and analysis
- Asset review and validation
- Credit bureau interpretation
- Investor guideline knowledge
- Risk identification and escalation
- Independent review of loan conditions
- Consistent achievement of productivity and quality standards
- Effective communication and decision support skills
Promotion readiness will be evaluated based on performance, demonstrated underwriting aptitude, quality metrics, and business needs.
WE OFFER
- Competitive Salary
- Medical/Dental/Vision Insurance
- Paid Holidays
- 401K Match
- Generous PTO
- FSA/HSA Plans
- Life /Disability/Accidental Insurance and much more!
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Local candidates only - relocation not available.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Cavco Industries and CountryPlace Mortgage are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.