Credit Analyst

Major Function :

To perform independent analysis for commercial loan requests for the purpose of recommending approval, denial, or alternative structures.

Documents and tests the ongoing performance of borrowers and guarantors.

Essential Duties :

• Works closely with the Loan Officers to process requests for financing from inception through payoff, including renewals and modifications of existing loans and new requests.
• Utilizes an optical Loan Documentation system to file, store, and manage information of all types.
• Analyzes year-end and interim financial statements, including performance ratios.
• Researches industry specific information from outside sources.
• Reviews compliance with all applicable laws and regulations relating to the commercial lending function and internal loan policy.
• Prepares written commercial loan analysis in consultation with the Loan Officers.
• Works with the Loan Officers to correct documentation and collateral exceptions.
• Performs loan stress testing.
• Works with the Loan Officer to ensure required financial information from customers is processed in an accurate, timely, and consistent manner and monitors compliance with required loan covenants to ensure financial risk is managed appropriately.
• Applies established procedures for disbursing loan proceeds over the life of construction and development loans. Ensures that equity injections are tracked and received.
• Performs on-site collateral audits for existing and prospective customers preparing written audit findings and recommendations.
• Prepares reports for Management and the Board as assigned.
• Provides high level of quality service to our existing customer base.
• Assists other employees / departments / branches to promote teamwork and excellent communication.
• Other duties as assigned.

Requirements :

Education and Experience

Bachelor's degree in Accounting, Finance, or other business related degree.

Knowledge, Skills & Abilities

• Foundation in accounting principles as they relate to banking.
• Ability to analyze and interpret financial statements.
• Basic computer literacy with knowledge of computer software (i.e. Microsoft Windows Operating System and Office applications).
• Well organized, accurate and detail-oriented.
• Excellent verbal, non-verbal, and written communication skills.
• Ability to work under pressure and multi-task.
• Ability to work independently or in team environment.
• Strong reading, writing, and basic mathematical skills.
• Excellent customer service and interpersonal skills.
• Demonstrated analytical decision-making and problem solving skills.

Hours : Regularly Monday - Friday, 8 : 00 a.m. - 5 : 00 p.m.