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A Credit Analyst prepares and provides credit data to Commercial Lenders for their use in estimating the degree of risk involved in extending credit to business entities.
What You Will Be Doing
Spreading financial statements and tax returns, preparing financial projections and inputting financial statement tracking information for businesses utilizing PC-based software. Preparing written financial analysis.
Spreading personal tax returns and personal financial statements using PC-based software
Creating cash flow and debt service spreadsheets for business entities, personal borrowers / guarantors and global relationships using in-house models
Reviewing, calculating and tracking financial covenant compliance in loan agreements, providing Commercial Lenders with customized spreadsheets outlining results
Attending credit training classes both within the bank and also provided by third parties
Assist with financial statement analysis
Bachelor's degree from accredited college or university
Have a strong understanding of accounting and finance, financial statements, government loan programs, and commercial loan documentation
Previous experience with a financial institution is preferred
PC proficiency in Microsoft Office is required
Ability to develop a good working knowledge and understanding of the software systems used by the Credit Administration and Loan Operations departments in order to effectively communicate training issues regarding these systems