Credit Analyst

Profile

Salary:
DOE
Additional Information:
2 openings available.
The Credit Analyst role is responsible for developing and analyzing a customer’s credit information pertaining to both CRE and C&I loan transactions. It includes evaluating and determining the credit risks of commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, and cash flow and repayment analyses.  Responsibilities include:
Performing extensive due diligence on commercial loan borrowers including but not limited to analyzing business and personal financial statements and tax returns, quality of earnings reports, industry data, appraisals and other third-party reports
Working directly with Relationship Managers to obtain all necessary documentation and information required to thoroughly underwrite loan requests. This includes determining the need for more thorough investigation or additional information, and efficiently coordinating the gathering of such information
Drafting detailed credit write-ups summarizing income statement, balance sheet, and cash flow components and trends, assessing repayment ability and capacity, and providing well-supported narrative analysis identifying and describing risk and mitigants of specific transactions and risk rating conclusions
Presenting analysis and addressing questions during credit request discussions or loan committee presentations
Assisting Commercial Loan Administrators and Relationship Managers with any credit related needs, such as draw down requests, credit references, and audit confirmations
Accompanying Relationship Managers on borrower and property site visits, as needed, and often establishing a direct relationship with the client to expedite future due diligence dialogue
Performing periodic credit reviews of updated financial information for existing borrowing relationships, assessing covenant compliance and adherence to loan policy
Providing assistance to Director of Credit with Loan Committee agenda organization and loan portfolio concentration reporting
Qualifications & Skills:
5 – 10 years’ experience in commercial credit at a commercial bank, credit union, or other lending institution;
Must be formally credit trained
In-depth knowledge of Microsoft Office Suite, including excellent Word and Excel skills required
Bachelor’s degree required with a focus in either finance or accounting preferred, or commensurate Master’s degree program in finance or accounting
Ability to function effectively, efficiently, and independently in a fast-paced and rapidly expanding environment
Strong sense of integrity and personal ethics
Strong verbal and written communication skills

Company info

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