Credit Analyst Jobs

POSITION SUMMARY: Supports the commercial lending process by working independently to evaluate the financial condition of new and existing commercial credit relationships. Provides in-depth, high quality credit analyses and appraisal reviews in accordance with the Banks commercial loan policies, assuring regulatory compliance, accurately assessing loan risk and promoting effective credit extension decision-making.

PRIMARY RESPONSIBILITIES AND ACCOUNTABILITIES:

• Assesses liquidity, management quality, market position and overall business climate and related trends to forecast future viability of a business.
• Performs comprehensive financial statement spreading using Web Equity software tools, including an in-depth review of balance sheets, profit and loss statements, tax returns, credit reports, net worth statements and other appropriate data either presented by credit applicants or researched independently.
• Provides helpful support to the lending team in all stages of the loan cycle.
• Recommends and assists in providing appropriate training to other personnel.
• Maintains current knowledge of all bank loan policies and applicable regulations affecting the Banks credit practices.
• Prepares and generates credit risk reports and presentations for senior management, summarizing interpretive results of credit analyses.
• Protects the confidentiality of information that flows through the department.
• Monitors regulation compliance and exceptions to policy and assists in the accurate collection and reporting of compliance data.
• Reviews and analyzes evaluations and appraisals of real estate and other property used as collateral to secure loans.
• Assists in other areas related to the credit administration function and performs other duties and projects as assigned.
• Works with vendors and clients in a professional manner to assure service excellence.
• Recommends changes to credit policies and procedures as appropriate and contributes ideas toward improving the overall credit administration function.
• Underwrites credits for commercial lending officers, confirming that credits meet compliance and regulatory laws as well as internal loan policies.
• Performs a systematic review of loan application files to determine adequacy of documentation provided. Reports examination results to the appropriate loan officer and follows-up to ensure timely resolution of any deficiencies.
• Grades credit as part of loan pricing policy to insure consistency and conformity.

EDUCATION, EXPERIENCE AND SKILL REQUIREMENTS:

• A strong understanding of financial documents.
• Strong business writing, presentation and interpersonal skills.
• Advanced computer skills including Word, Excel and Outlook, and the ability to quickly
• Strong mathematical, analytical and communication skills.
• Bachelor-level degree in Finance, Accounting, Economics or Business Management, or alternatively, significant commensurate experience, education and training.

adapt to other specialized software applications.

• Good familiarity with the internet as a research tool.
• High degree of organizational and multi-tasking ability, with strong attention to detail.
• Ability to work productively and independently with minimal supervisory overview.
• Ability to recognize issues of significance and prioritize assignments.
• Previous experience in the banking field in a similar position preferred.

PHYSICAL REQUIREMENTS:

Typical office environment. Requires ability to operate numerous types of office equipment such as computers, keyboards, printers, scanners, fax machines, copiers and calculators. Significant time spent reading paper documents and computer screens. Primarily a sedentary position but requires occasional standing, walking, lifting, carrying, bending, kneeling, stretching and stooping.

GENERAL NOTICE:

This position description describes the general nature and level of work performed by the employee assigned to this position and should not be interpreted as all inclusive. It does not state or imply that these are the only duties and responsibilities assigned to the position. The employee may be required to perform other job-related duties. All requirements are subject to change and to possible modification to reasonably accommodate individuals with a disability.

This position description does not constitute an employment agreement between the Bank and employee and is subject to change by the employer as the needs of the Bank and requirements of the position change.