Senior Credit Analyst

Job Description

Job Description

Job Type:

Hourly, Full Time

Who We are:

At Ion Bank, we pride ourselves on providing exemplary customer service and building lifetime relationships by partnering with our customers to identify and achieve their financial goals. We are passionate about our Service Standards and live by them every day.

As a result of Ion’s continued growth, the bank consistently provides robust and diverse development programs for its employees with a goal of personal expansion. Not only does Ion prioritize its internal team, but additionally values the communities that the employees serve. The bank consistently encourages volunteerism from its employees to support customers and beyond. Apply now to join the Ion community!

Who we are seeking for this role:

The ideal candidate will demonstrate and encourage high standards of behavior that is consistent with Ion’s service Philosophy of Safety & Security, Accuracy, Responsiveness, Friendly, Personalized Service. Consistently demonstrates a strong commitment to Ion, willing to go “above and beyond” whenever necessary. This individual thrives in an environment that encourage teamwork and promotes inclusion by working with a variety of people.

As a Senior Credit Analyst, you are responsible for:

Ensuring sound commercial loan and mortgage underwriting to maintain and or limit the scope and risk in the Bank’s loan portfolio. Providing timely and accurate credit analysis to ensure sound commercial C&I and CRE lending activities of the Bank. Conducting proper review and administration of existing and prospective commercial accounts. Acting as a liaison between the Credit Analysts and other departments and handling more complex credit analysis.

Responsibilities

• Spread statements and conduct appropriate credit analysis of financial information on all commercial account relationships: perform comparative analysis on companies with similar financial data, ratios on liquidity position, profit margin, etc.
• May have experience in SBA lending programs and underwriting procedures (SOP)
• Proficient in writing clearly and concisely to generate accurate analysis and on commercial borrowers and prospective accounts in a form acceptable to senior management.
• Be proficient at and fully utilize the Loan Vantage application software to analyze and track the loan application through the appropriate steps.
• Receive preliminary information on borrower from Loan Officers; review loan relationship; ensure proper loan approval documentation
• Prepare and distribute reports as required
• Lead and participate in training sessions focused at improving credit skills, technology, techniques and efficiency.
• Provide support and feedback to the lenders through analysis of loan transactions and offering insight, structuring suggestions, and risk identification and mitigation.
• Research external sources in effort to improve the quality and insight of transaction analyses.

Key Result Areas

• Ensure compliance with Bank’s loan policy and regulatory requirements
• Provide high quality of service to the Bank’s external and internal customers
• Ensure sound underwriting to accurately risk rate loans within the commercial portfolio

Education and Qualifications:  

• Bachelor's degree in Business Administration or equivalent experience.
• Five or more years of experience in a Commercial Credit/Lending department.
• Strong verbal and written communication skills, ability to communicate at all levels of the organization.
• Knowledge in underwriting and credit analysis with knowledge in financial statements and tax return analysis.
• Knowledge of lending activities including commercial, real estate and loan processing.

Benefits:

• Health Insurance (Medical, Dental Vision)
• 401k and Employer Match
• Life Insurance
• Disability
• HSA
• FSA
• Educational Assistance
• Wellness Programs
• Employee Assistance Program
• 15 Paid Time Off Days
• 11 Paid Holidays
• Job Shadowing
• Volunteer Opportunities

Ion Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or veteran status.