Credit Analyst III

Commercial Bank Credit Analyst III

Colorado Springs, CO

Description

Are you ready to take your expertise in credit analysis to the next level? We are seeking a motivated Credit Analyst III to join our team and play a critical role in training, developing, and supporting our credit analyst group. In this position, you will plan and deliver engaging training programs, conduct technical and on-the-job training sessions, and develop educational materials to enhance the skills of credit analysts. You’ll also analyze financial statements, assess credit risk, prepare reports, and help ensure compliance with company policies and regulatory requirements. If you are passionate about financial analysis, professional development, and making a meaningful impact, we invite you to apply for this exciting opportunity.

We are currently seeking qualified applicants to join our team as a Commercial Credit Analyst III in the Colorado Springs, CO market.

About the Role: A successful Commercial Credit Analyst III possesses a keen attention to detail and professional communication skills. This role requires analyzing credit data and financial statements to determine the risk involved in extending credit or lending money. As a Credit Analyst III, you will work closely with lenders and other analysts, using judgment and creative problem-solving to provide accurate, factual, and polished reports to guide decision-making.

Primary Job Functions:

• Analyze credit data and financial statements to assess the risk in extending credit or lending money for both existing and potential borrowers.
• Prepare clear, factual, and comprehensive written reports summarizing the degree of risk involved in credit decisions.
• Review financial data such as income growth, quality of management, and expected profitability of loans.
• Compare liquidity, profitability, and credit histories of establishments being evaluated with industry peers in similar geographical locations.
• Evaluate customer financial records and recommend payment plans based on earnings, savings, payment history, and purchase activity.
• Able to assist other analysts with Credit Analysis and Loan Structure when needed.
• Plan, develop, and provide training and credit analyst development programs.

Why Join Us?

· A dynamic and supportive team environment

· Opportunities for growth and career development

· Competitive compensation and benefits package

Essential Job Functions:

1. Plan, develop, and provide training and credit analyst development programs, using knowledge and the effectiveness of methods such as classroom training, demonstrations, on-the-job training, meetings, conferences and workshops.
2. Conduct or arrange for ongoing technical training and development classes for credit analysts.
3. Conduct orientation sessions and on-the-job training for credit analysts.
4. Develop testing and evaluation procedures.
5. Analyze training needs to develop new training programs or modify and improve existing programs.
6. Develop and organize training manuals, visual aids, and other education materials.
7. Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
8. Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
9. Analyze financial data such as income growth and quality of management to determine expected profitability of loans.
10. Prepare reports that include the degree of risk involved in extending credit or lending money.
11. Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
12. Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
13. Perform other duties as assigned by supervisor / management.
14. Comply with federal, state, and company policies, procedures, laws and regulations.
15. Adhere to all relevant security responsibilities as outlined in the Bank's Information Security Program and Written Security Program.

Benefits:

We offer a competitive salary and excellent benefit packages. Benefits vary based on employment status and position but can include:

• Medical, Dental, Vision, Telemedicine
• Paid Time off, Paid Volunteer Time, and Paid Holidays
• Flexible Spending Account, Dependent Care FSA
• Basic Life and AD&D Insurance, Voluntary Life and AD&D
• Long-Term Disability
• 401k and Employee Stock Ownership (KSOP) Retirement Plan
• Recruiting Referral Bonus
• Lifestyle Spending Account Program

Requirements

Required Skills:

1. Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
2. Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate time.
3. Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
4. Learning Strategies: Selecting and using training/instructional methods and procedures appropriate for the situation when learning and teaching new things.
5. Business Math Skills
6. Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.
7. Speaking: Talking to others to convey information effectively.
8. Writing: Communicating effectively in writing as appropriate for the needs of the audience.
9. Service Orientation: Actively looking for ways to help people.
10. Social Perceptiveness: Being aware of others' reactions and understanding why they react as they do.
11. Complex Problem Solving Skills: Identifying complex problems and reviewing information to develop and evaluate options and implement solutions.
12. Time Management Skills: Managing one's own time and the time of others.
13. Excel / Spreadsheets: Using Excel to enter and format text and numerical data; insert, delete and manipulate cells, rows and columns; and create and save worksheets, charts, and graphs.
14. Word Processing; Using a computer application to type text, insert pictures, format, edit, print, save and retrieve word processing documents.
15. Databases: Using a computer application to manage large amounts of information, including and editing simple databases, inputting data, retrieving specific records, and creating reports to communicate the information.
16. Other PC skills such as Lotus Notes
17. Presentation Skills
18. Sales and Marketing Skills
19. Ability to Close the Sale

Required Knowledge:

1. The ability to common size financial statements and understand the information.
2. Customer Service Knowledge and Skills
   
3. Commercial, Ag and Real Estate Loan Knowledge

Required Education and Experience:

• Finance or Accounting Degree strongly preferred.
• Minimum of 3-5 years credit analyst experience