Commercial Credit Associate, Large Corporate

Overview

This role supports credit risk assessment and management for commercial clients. Responsibilities include underwriting new credit requests and material modifications, performing ongoing credit monitoring, and ensuring credit policy compliance and appropriate risk escalation. The position partners closely with relationship managers to support sound lending decisions and accurate risk ratings throughout the life of each loan.

Responsibilities

• Underwrite new requests and material modifications from deal screen through approval and for the life of the loan, including recommending adding or removing conditions.
• Work with senior team members on more challenging, complex transactions/account coverage.
• Manage ongoing credit risk for existing loan portfolios through continuous credit monitoring (CCM), including:
  • Annual reviews
  • Interim update memos
  • Covenant monitoring
  • Problem loan management
  • Early warning indicators
  • Other credit surveillance activities
• Review and analyze 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; determine whether further investigation or additional information is needed.
• Complete credit analyses for commercial transactions, including:
  • Independent credit quality assessment with well-supported risk rating
  • Identification and description of credit risks and mitigants
  • Industry concerns and market/financial trends
  • Other deal-specific credit issues
• Recommend credit structure based on analysis of scenarios, including the company case, the bank’s base case, and a downside case.
• Identify suspicious activity and activity that may be contrary to customer interest as part of ongoing portfolio risk management.
• Partner proactively 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 impacting proposed transactions.
• 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 client/prospect and business needs; recommend risk ratings based on underwriting parameters.
• Prepare written summaries, present facts, and offer opinions regarding creditworthiness; present analysis or address questions during credit request discussions or committee presentations.
• Ensure underwriting aligns with the Commercial Credit Policy; comment on risk associated with any non-compliance.
• Understand and adhere to risk and regulatory standards, policies, and controls in accordance with the organization’s Risk Appetite; identify risk-related issues requiring escalation.
• Maintain internal control standards, including timely implementation of internal and external audit points and issues raised by external regulators as applicable.
• Support additional related duties as assigned.

Scope of Responsibilities

• Corporate/Institutional coverage includes FIG, Fund Banking, Institutional/REIT, Large Corporate, and Leveraged Lending.
• Work supports credit delivery across the commercial credit lifecycle, from initial analyses for new relationships through material modifications/restructurings and ongoing monitoring.
• Ensures accurate completion of risk rating scorecards and financial statement spreads used to support credit decisions for new, renewed, or amended transactions.
• Development account coverage role: works with senior team members on more challenging, complex transactions.
• Interacts with commercial banking relationship managers across the bank’s footprint and industry verticals, as well as other internal personnel involved in credit approvals.

Supervisory/Managerial Responsibilities

• Contributes to the development and training of junior/newly hired analysts.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or a related field, and at least 4 years’ experience in commercial credit, public accounting, and financial statement analysis.
• OR, 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.
• High 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 with strong interpersonal skills.
• Proficiency with Microsoft Office.

Preferred Qualifications

• Experience with Capital IQ, FactSet, and Bloomberg.

Compensation & Benefits

• Pay range: $97,100.00 - $161,800.00 Annual (USD)
• The organization’s specific compensation may vary based on the candidate’s location and the combination of knowledge, skills, and experience.

Location

Clanton, Alabama, United States of America