204 - Credit Quality East - Credit Analyst III

Credit Analyst III

First United has served the financial needs of our personal and business customers throughout Maryland, West Virginia, Virginia and Pennsylvania. We care about our communities, seek to understand what drives our customers and create customized solutions to meet their needs. Our mission is to enrich the lives of our customers, coworkers and shareholders through an unparalleled commitment to the client experience and passionate involvement in the community.

Job Reporting Relationships

Supervised by: Regional Credit Officer-Central Team or Regional Credit Officer

Supervises: None

Basic Qualifications

Education/Training: A Bachelor of Science or Bachelor of Arts degree in Accounting, Finance or related field of study is preferred. In lieu of a bachelor's degree consideration will be given to individuals with a High School Diploma and a minimum of seven years of directly related commercial lending or commercial underwriting experience. Specialized education, training and certification in financial analysis, credit risk, appraisal review, and lending normally required; obtain and maintain appropriate Bank Product Knowledge Certification.

Skill(s): Advanced reading, writing, grammar, and mathematics skills; advanced interpersonal relations and effective communicative skills; advanced knowledge of current lending, appraisal, and loan review regulations and banking regulations, procedures, and operations; advanced ability to analyze and interpret complex financial statements; advanced risk rating skills; advanced loan structuring, covenanting and conditioning skills; knowledge of concentration risk and pricing philosophy; strong PC skills, including spreadsheet software and loan management software; advanced time management skills; technical skills sufficient to provide guidance and training to Credit Analyst I & II(s), and Credit Team Administrative Assistant; visual and auditory skills; valid driver's license.

Experience: A minimum of seven (7) years of directly related banking experience required with supervisory management experience preferred.

General Responsibilities

The Credit Analyst III is responsible for ensuring an effective and efficient commercial credit underwriting function providing detailed financial, market and industry analysis; assessing credit risk within both proposed commercial loan requests and existing commercial loan portfolio; providing analysis and reviewing the Bank's top aggregate commercial relationships; providing alternative solutions through structure, conditions and covenants to mitigate risk; ensuring the department's compliance with operating policies and procedures and outside regulatory requirements; effectively communicating with both internal & external bank customers; providing periodic reports; and providing on-going training & support to retail branch associates.

Essential Duties

1. Spreads financial statements and tax returns for commercial clients.

2. Provides consistent, quality narrative financial analysis including but not limited to discussion of financial condition, cash flow & balance sheet trends, ratio analysis, loan pricing review, peer & industry comparisons, and collateral assessment.

3. Utilizes analysis to recommend appropriate risk ratings for new requests, ACHs, and existing loan relationship to support the ongoing risk management of the Bank.

4. Completes annual relationship reviews for the Bank's top aggregate commercial loan relationships, large revolving commitments and ACHs. Analyzes financial trends, payment history, compliance to loan covenants, and market / economic conditions to assess ongoing credit risk and evaluates / provides recommendations for risk ratings and renewal of open commitments and ACHs.

5. Provides guidance and prompt follow-up to retail branch staff to facilitate timely loan decisions.

6. Provides financial updates to Criticized Asset Reports and ACARs. Reviews lending staff updates within reports to recommend any needed risk rating adjustments.

7. Orders appraisals, completes appraisal reviews within designated authority, and conducts collateral evaluations to assure loan to value meets both policy and regulatory requirements.

8. Works in conjunction with commercial lending staff to prepare loan presentations for new money requests, modifications, and collateral substitutions/releases to facilitate sound credit decisions.

9. Assesses loan proposals for Bank and Regulatory policy compliance. Assures all exceptions are appropriately identified and addressed within loan presentations.

10. Provides back-up for the set-up of commercial loan requests presented by retail branch staff into commercial underwriting software system.

11. Underwrites retail branch commercial proposals while addressing repayment capacity, secondary repayment sources, credit report factors, risk assessment, covenants, conditions and collateral analysis within loan presentation.

12. Provides guidance and prompt follow-up to retail branch staff to facilitate timely loan decisions.

13. Assesses loan proposals for Bank and Regulatory policy compliance. Assures all exceptions are appropriately identified and addressed within loan presentations.

14. Provides alternative recommendations to loan structure, covenants and conditions to mitigate credit risk.

15. Approves loans and ACHs within designated lending authority.

16. Clear real estate secured loans to close by reviewing environmental reports, property condition reports, flood certifications and appraisal values to assure compliance with loan approvals and policies.

17. Provides technical support and assists in training of Credit Analyst II and Credit Analyst I.

18. Works on special projects as assigned by Regional Credit Officer or the Director of Credit Administration & Lending Risk.

19. Maintains a good working relationship with bank employees within Credit Quality and other departments. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.

20. Performs other related duties as assigned.

21. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.

22. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.; ensures that the department and all personnel adhere to the same.

Ancillary Duties

1. Actively represents the Bank in public relations and related community activities.

2. Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Job Location

Hybrid Work Available/Assigned office location

Equipment/Machines

1. Telephone
2. Automobile
3. PC/Computer keyboard
4. Printer
5. Fax machine
6. Copy machine
7. Calculator

Full Time Employment Benefits: Fulltime hourly-paid employees will be provided 12-days of Paid Time Off (PTO), that is accrued 1-day for each month worked. After the completion of 90-days of employment accrued PTO can be used for any purpose including being paid for absences or vacation time. At the end of the first year of employment, any unused PTO will be converted to the employee's sick time accrual. Sick time will begin accruing effective on the employees first year anniversary up to 120 days. At that point, PTO is no longer available; and any paid absence will be eligible under the sick, vacation, personal and family sick pay policy. After one year of service the employee is eligible for their annual vacation benefit.

Salaried-paid employees are not eligible for PTO and accrue paid sick days at 1-day per month; and any vacation time that has been approved for the 1 st year of employment.

12 paid holidays, 2 Personal days, 2 Family Sick days, 2 Volunteer Days after completion of 90 days of employment. Eligible for Health Care, Dental and Vision (single and family) the first of the month following 30 days of full-time employment. 401(k) eligible on the first day of the month following 30 days of employment with employer match available. Company Wellness Program. Company Stock program available after 1 year of employment. Annual Performance Reviews completed, and salary increase amount given based on individual performance.

This position is salary and not eligible for overtime.

Salary Range

Minimum: $46,000

Maximum: $101,200

First United Bank & Trust is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. First United Bank & Trust is a drug-free workplace.