Credit Analyst

Credit Analyst

The Credit Analyst will support the lenders in underwriting requests for credit extensions to new and existing 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:

1. 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.
2. Making recommendations to Loan Officers on the granting or denying of loans and preparing sufficient information (i.e. loan submissions) to document recommendations.
3. Identifying and interpreting trends in financial data. Interpreting key financial ratios (e.g. cash flow to debt service, debt-to-equity, etc.)
4. Providing thorough documentation of all financial analysis with via spreadsheets and written credit offering memorandums.
5. Suggesting a loan grade after conducting a thorough credit analysis and documentation review.
6. Coordinating specific work tasks within the department in order to ensure the smooth and efficient flow of information.
7. Providing assigned reports.
8. Performing annual review of loan relationships.
9. Other projects as assigned.

Job skill requirements include a college degree in business field and/or minimum two years related experience in an analytical, operations, lending or loan support banking position. Must have analytical ability sufficient to learn analysis of complex commercial financial statements. Working knowledge of loan documentation and proper loan structure. Strong written and verbal communication skills along with a basic understanding of the principles of accounting. Knowledge of Microsoft Office programs, especially Word and Excel. Excellent organizational and interpersonal skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction. Ability to work independently as well as in a team environment and be responsive to supervisory guidance. Must project a professional image by adhering to guidelines in the employee handbook.

Responsible for compliance with all regulations, laws, and bank policies and procedures that pertain to the day-to-day job responsibilities. Responsible for maintaining a working knowledge of all compliance regulations pertinent to the assigned duties by successful completion of any courses assigned on a timely basis. Responsible for adherence to Bank's Code of Professional Ethics and Conduct as well as observing and promoting compliance with the Code among fellow bank personnel, customers and vendors.