Credit Analyst - FineMark

About This Job

The main purpose of this job is to draft credit write-ups for commercial, consumer and residential loans. This role also inputs financial reports to analysis software, prepares financial analysis, and conducts credit investigations. Aids with the maintenance of loan requirements, loan portfolio monitoring and reports.

Essential Functions

• Draft credit write-ups in standard format. Prepare summary of facts concerning credit worthiness for new, renewal, and extension loans based on Loan Officer input and analysis of financial data.

• Track and enter customer information, financial statements, tax returns and related material using designated software or other analysis programs. Analyze financial conditions and collection trends, reviews, and reports non-compliance with loan covenants.

• Create and generate reports to analyze the overall financial condition of the loan portfolio utilizing report writing software. Assist to identify any changes in the portfolio’s condition.

• Conduct periodic reviews of credit files and document files to ensure maintenance of required documentation relative to the Bank’s established standards and annual internal/external audits of the loan portfolio and loans pledged as collateral to the Federal Home Loan Bank (FHLB)

• Prepare FHLB qualifying loan reports each month for prior month’s mortgage originations to determine their eligibility as collateral under FHLB funding guidelines

• Order appropriate documentation based on approved credit arrangement sheet and prepare documentation request for submission to loan processing

• Assist loan officers with financial analysis questions

• Back-up loan administration with all facets of the loan documentation process

• Maintain profitability updates; prepare correspondence and handle various projects assigned by manager, supervisor, or loan officers

• Complete loan packages in accepted internal format and respond to questions from Loan Administration

• Communicate directly with the applicant/customer regarding application and/or loan related questions, if requested by Loan Officer

• Attend educational programs appropriate to current or future responsibilities

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations

• Ability to write reports, business correspondence, and procedures

• Ability to effectively present information and respond to questions from groups of managers, customers, the public or professional peers

• Ability to work with mathematical concepts such as statistical inference and apply concepts such as fractions, percentages, ratios, and proportions to business related situations

• Aptitude for detecting errors or deficiencies in the customer’s financial statements, analyze cash flow and bring to the attention of the loan officer

• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists

• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form

• Ability to create new word processing and spreadsheet files using generally accepted formats

• Ability to use database programs and other banking specific programs and to access reports, use software documentation and help features

• Aptitude for learning advanced features and specialized software programs

• Ability to prepare loan packages and understand financial analysis preferred

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Education & Experience

• Bachelor’s degree in Business or equivalent combination of education and experience required

• 2+ years related experience preferred

• Credit analysis, banking, loan administration and financial statement analysis experience preferred

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click to learn more.