Credit Analyst

Job Description

Job Description

** Credit Analyst **
** Reports To: ** Sr. Credit Manager and/or Chief Credit Officer
** Location: ** Hybrid with some in-office requirements

** Position Summary **

The Credit Analyst plays a pivotal role in shaping the financial landscape of our organization by leading our credit risk management strategy. This position requires analytical expertise and strategic insight to influence high-stakes decisions, ensuring the long-term financial health and growth of the credit department. Reporting directly to the Sr. Credit Officer and/or Chief Credit Officer, the Credit Analyst will assess credit data, evaluate financial statements, and contribute to lending decisions that align with the organization's risk tolerance and objectives.

This role requires a keen eye for financial details, strong decision-making abilities, and effective communication to collaborate with internal teams and customers.

** Primary Focus **

• Analyze credit risk and assess financial health of individuals and businesses.
• Develop credit evaluations to support loan decisions.
• Collaborate with internal teams and external clients to manage credit portfolios.
• Utilize data-driven insights to mitigate risks and enhance profitability.

** Key Responsibilities **

** 1. Credit Analysis & Risk Management **

• Analyze credit data and financial statements to determine creditworthiness and risk level.
• Generate financial ratios and models to assess customers’ financial status.
• Compare liquidity, profitability, and credit histories across industries and geographic locations.
• Prepare risk assessment reports and present findings to loan committees.

** 2. Loan Application & Approval Process **

• Complete loan applications, including credit analyses and summaries of loan requests.
• Submit findings to loan committees for review and approval.
• Consult with customers to verify financial and credit transactions and resolve disputes.

** 3. Collections & Payment Plans **

• Contact customers to collect payments on delinquent accounts.
• Evaluate customer records and recommend structured payment plans.
• Review customer files and identify high-risk accounts for further action.

** 4. Collaboration & Reporting **

• Work with internal credit teams and business representatives to exchange credit information.
• Maintain accurate and updated credit records and reports.
• Support risk management initiatives by identifying trends and providing recommendations.

\nCompany Description

ICBB is a correspondent bank dedicated to helping community banks succeed. We provide financial services, technology, lending, and operational support backed by responsive service, trusted relationships, and a team committed to doing what's right for our customers and each other.

Company Description

ICBB is a correspondent bank dedicated to helping community banks succeed. We provide financial services, technology, lending, and operational support backed by responsive service, trusted relationships, and a team committed to doing what's right for our customers and each other.