Commercial Credit Associate - Dealer Commercial Services

Overview

This role supports credit risk assessment and ongoing portfolio management for commercial clients. Responsibilities include underwriting new credit requests and material modifications, conducting continuous credit monitoring, and ensuring compliance with credit policies and regulatory standards. The associate serves as a key partner between relationship managers and credit risk management to support sound lending decisions across the loan lifecycle.

Responsibilities

• Underwrite credit requests and material modifications from initial deal review through approval and for the life of the loan, including recommending conditions or changes; work with senior team members on more challenging and complex transactions/account coverage.
• Manage the ongoing credit risk of existing loan portfolios through Continuous Credit Monitoring (CCM) activities, including:
  • Annual reviews
  • Interim update memos
  • Covenant monitoring
  • Problem loan management
  • Early warning indicators
  • Other credit surveillance as applicable
• Review pertinent credit and financial information (including financial statements, tax returns, due diligence reports, credit bureau data, appraisals, internal credit information, industry research, and peer data) and determine whether additional investigation or information is needed.
• Perform credit analyses for commercial transactions, producing written assessments that include:
  • Independent credit quality assessment with well-supported risk rating
  • Identification and description of credit risks and mitigants
  • Industry concerns, market and financial trends, and other relevant credit issues
• Recommend credit structures based on evaluation of scenarios including the company’s case, the bank’s base case, and a downside case.
• Identify suspicious activity and activity that may be contrary to the customer’s interests as part of ongoing portfolio risk management.
• Partner with relationship managers throughout the deal process (from deal screen through approval and for the life of the loan) to maintain timely and accurate risk ratings; spread financial statements and prepare financial models to sensitize conditions affecting the proposed transaction.
• Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
• Attend client/prospect calls with relationship managers to understand the business and support underwriting; recommend risk rating based on underwriting parameters.
• Prepare summaries, present facts, and offer opinions regarding creditworthiness; support discussions and committee presentations for credit requests.
• Ensure underwriting complies with the Commercial Credit Policy, commenting on risks associated with any 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 address issues raised by external regulators as applicable.
• Input into the development and training of junior/newly hired Analysts.
• Perform other related duties as assigned.

Scope of Responsibilities

Commercial Credit supports credit delivery across the credit lifecycle for commercial clients. Work includes initial analyses for new relationships, assessments for material modifications or restructurings, and ongoing monitoring through the life of the loan. The role also ensures accurate completion of risk rating scorecards and financial statement spreads used to support credit decisions for new, renewed, or amended transactions.

This is a development account coverage role, working with senior team members on more challenging and complex transactions.

Requirements

• 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 of 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.
• Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis.
• Familiarity with legal documents and the ability to efficiently understand structural elements.
• Critical thinking and problem-solving abilities.
• Attention to detail with a high level of accuracy.
• Strong organizational and time management skills.
• Ability to work independently and as part of a team.
• Customer-focused mindset 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 will vary based on the successful candidate’s knowledge, skills, and experience, and may vary based on location.

Location

Clanton, Alabama, United States of America