Credit Analyst

Overview

This role involves conducting credit investigations, preparing and interpreting financial statements for detailed analysis, and reviewing routine credit information related to Commercial Loan Requests and Loan Reviews. The Credit Analyst will prepare reports and information for management and Loan Committees, respond to credit inquiries, and assist commercial loan officers as needed.

Responsibilities

• Investigate all available sources of credit and financial information, including reporting services, credit bureaus, other companies, bank references, and internal credit data.
• Spread and analyze financial statements and related materials using appropriate software.
• Prepare summaries, present facts, and offer opinions on creditworthiness under supervision.
• Summarize conclusions in Loan Presentations and Loan Reviews.
• Analyze market conditions (customers) and industry factors (competition, suppliers, potential new entrants) as well as management teams.
• Assist with special projects and reporting assignments within Credit Administration.
• Understand and adhere to Bank/Credit policies and procedures.
• Provide computer support, including data entry, for maintaining loan analysis systems.
• Stay informed about new and pending laws and regulations affecting credit practices.
• Participate in the development of commercial credit policies and procedures to safeguard the organization.
• Maintain reporting requirements on customers' credit obligations.
• Recommend risk grade changes.
• Complete Loan Reviews as directed by the Lead Loan Review Analyst or Credit Administration Manager.

Requirements

• One to three years of commercial credit and lending experience.
• Preferred education: Business, finance, or accounting major; other majors with a business minor or equivalent experience also acceptable.
• High level of trust, diplomacy, courtesy, and tact due to extensive personal contact and sensitive nature of work.
• Knowledge of commercial banking industry practices.
• Strong analytical skills.
• Excellent written, verbal, and interpersonal communication skills; ability to maintain confidentiality.
• Understanding of financial statement components and personal/corporate tax returns.
• Proficiency with Microsoft Office (Word, Excel, Access, PowerPoint) and financial statement spreading software.
• High initiative, thoroughness, accuracy, and organizational skills.
• Detail-oriented with effective judgment and time management.

Physical Requirements

• Frequent use of computer screens and reading reports may cause eye strain.
• Majority of work involves sitting.
• Ability to concentrate under sometimes distracting conditions.
• Ability to lift and move loan files up to 15 lbs.
• Some travel required, independently and with loan officers, for consultations, training, and meetings.

Equal Opportunity

The employer is an Equal Opportunity Employer (EOE) and does not discriminate based on race, sex, disability, or veteran status.

Additional Information

This job description does not encompass all duties and responsibilities of the position. Management reserves the right to assign or reassign duties at any time.