Credit Analyst I Jobs

The Credit Analyst’s primary objective is to provide research and analytical support for lending personnel through the preparation, interpretation, and presentation of credit information required by the various lending areas. Credit Analysts actively assist lending officers in the analysis and interpretation of financial information to determine the creditworthiness of current and prospective borrowers.

• Monitor borrower compliance with loan covenants;
• Understand and discuss loan structure, repayment terms, and collateral with customer and loan officer;
• Timely preparation of financial spreads and cash flow analysis for analyst and lender review;
• Discussing the results of financial, collateral, and industry analysis to identify key risks and mitigating factors associated with credit transactions;
• Preparation of loan memorandums and loan presentation packages for officer and committee review;
• Attend borrower meetings and support lender through preparation of financial and industry analysis to be discussed with borrower;
• Assist officers and more senior analysts with tasks as needed.
• Assist the Loan Review Officer with the preparation of preliminary data required for loan reviews;
• Ability to recognize, comprehend, and discuss financial concerns and other issues with lender and customer;

• Prior experience working in a financial institution is preferred, but not required.
• Mathematical Skills - Ability to calculate figures and amounts such as amortization schedules, loan payments, future payoff balances, interest, etc. Familiarity with financial ratios such as Accounts Receivable Turnover, Inventory Turnover, Current Ratio, Working Capital, etc. is preferred but not required. Training provided to Junior Analysts will address financial ratios and how to interpret the data.
• Computer Skills - Light typing skills and sound calculation skills are required with emphasis on effective working knowledge of computerized word processor functions and programs such as Microsoft Outlook, Word, Excel, PowerPoint, or other similar programs. Familiarity with bank reporting systems is preferred but not required.
• Candidate must have at least a Bachelor’s degree (B.A) from a four-year College or University; preferably with a focus in Finance, Accounting, or other area related to the financial services industry.