Commercial Credit Analyst

Commercial Credit Analyst

The Commercial Credit Analyst will support the lenders in underwriting requests for credit extensions to new and existing commercial clients. They will perform detailed financial analysis for all lending opportunities, prepare credit approval and modification requests for presentation to Loan Committee by the lenders, perform annual credit reviews as needed, ensure compliance with the Bank's credit policies and procedures, ensure the timely collection and spreading of interim and annual financial statements provided by clients, and update financial information to maintain current reporting.

Primary responsibilities include :

• Analyzing data (i.e. financial statements, agency reports) on prospective and active borrowing accounts and preparing written reports evaluating the short and long-term prospects of the individual or company.
• Making recommendations to Loan Officers on the granting or denying of loans and preparing sufficient information (i.e. loan submissions) to document recommendations.
• Identifying and interpreting trends in financial data. Interpreting key financial ratios (e.g. cash flow to debt service, debt-to-equity, etc.)
• Providing thorough documentation of all financial analysis with via spreadsheets and written credit offering memorandums.
• Suggesting a loan grade after conducting a thorough credit analysis and documentation review.
• Coordinating specific work tasks within the department in order to ensure the smooth and efficient flow of information.
• Providing assigned reports.
• Performing annual review of loan relationships.
• Must have 5+ years experience in a bank as a Credit Analyst.