Commercial Credit Associate - Dealer Commercial Services

Overview

This role supports the assessment and management of credit risk for commercial clients. Responsibilities include analyzing financial statements, monitoring an assigned loan portfolio, and ensuring compliance with credit policies and applicable regulatory requirements. You will partner closely with relationship managers and credit risk management to support sound lending and portfolio management decisions.

Responsibilities

• Underwrite new credit requests and material modifications from deal screening through approval and throughout the life of the loan, including recommending additions or removals of conditions.
• Work with senior team members on more challenging, complex transactions and account coverage.
• Manage ongoing credit risk using Continuous Credit Monitoring (CCM) activities, including:
  • Annual reviews
  • Interim update memos
  • Covenant monitoring
  • Problem loan management
  • Early warning indicators
  • Other forms of credit surveillance
• Review and analyze credit and financial information (as applicable), including financial statements, tax returns, due diligence reports, credit bureau data, appraisals, internal credit information, and industry research/peer data.
• Determine the need for additional investigation or further information.
• Complete credit analyses for commercial transactions, including:
  • An independent credit quality assessment with a well-supported risk rating
  • Identification and description of credit risks and mitigants
  • Review of industry concerns, market trends, financial trends, and other relevant credit issues
• Evaluate scenarios and provide structure recommendations using:
  • The company’s case
  • The bank’s base case
  • A downside case
• Identify suspicious activity and activity contrary to the customer’s interests as part of ongoing portfolio risk management.
• Partner proactively with relationship managers throughout the deal process (deal screen through approval and for the life of the loan) to maintain timely and accurate risk ratings for a portfolio of commercial credits.
• Spread financial statements and build/prepare financial models to sensitize conditions affecting the proposed transaction.
• Prepare cash flow and collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
• Attend client/prospect calls with relationship managers to understand the client/prospect and their business, enabling effective underwriting.
• Recommend risk ratings based on underwriting parameters.
• Prepare written summaries, present facts, and provide opinions regarding creditworthiness during credit request discussions and committee presentations.
• Verify underwriting adherence to the Commercial Credit Policy and comment on any risks associated with non-compliance.
• Understand and follow risk and regulatory standards, policies, and controls in accordance with the organization’s Risk Appetite; escalate risk-related issues to management as needed.
• Maintain internal control standards, including timely implementation of internal and external audit points and issues raised by external regulators (as applicable).
• Perform other related duties as assigned.

Scope of Responsibilities

• Commercial credit supports credit delivery across the credit lifecycle for commercial clients, covering initial analyses of new relationships, material modifications/restructurings of long-term relationships, and ongoing monitoring.
• Work in this capacity supports credit decisions for new, renewed, and amended credit transactions.
• This is a development account coverage role working with senior team members on more complex transactions.
• Customer interaction is expected.
• Works independently with limited supervision, with the ability to lead a transaction execution team in partnership with a Commercial Credit Analyst.

Education and Experience Required

• Bachelor’s degree in Accounting, Finance, Economics, or related field, and at least 4 years’ experience in commercial credit, public accounting, and financial statement analysis.
  • In lieu of a degree: a combined minimum 8 years’ higher education and work experience, including at least 4 years’ experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis.
• Strong verbal and written communication skills.
• Strong analytical skills with proficiency in financial modeling and analysis of credit metrics, including the ability to calculate and interpret financial ratios, analyze data, and complete trend analysis.
• Familiarity with legal documents and the ability to understand structural elements efficiently.
• Critical thinking and problem-solving abilities.
• High attention to detail and accuracy.
• Strong organizational and time management skills.
• Ability to work independently and as part of a team.
• Customer focused with strong interpersonal skills.
• Proficiency with Microsoft Office.

Preferred Qualifications

• Experience with Capital IQ, FactSet, and Bloomberg.

Compensation & Benefits

• Pay range: $85,800.00 - $143,000.00 Annual (USD)
• Specific compensation is based on the candidate’s combination of knowledge, skills, and experience.

Location

Clanton, Alabama, United States of America