Credit Analyst

Credit Analyst

First Federal Bank of Louisiana is currently seeking a Credit Analyst in the Business Banking Department. The position is not a remote position; it is located in-person at the Main Office in Lake Charles, Louisiana.

First Federal Bank of Louisiana is a full-service, locally owned community bank that has helped build the communities we serve for over 75 years. With over one billion dollars in assets and 16 offices currently serving multiple parishes across Southwest and Central Louisiana, we are proud to offer our customers comprehensive retail and commercial products as well as investment services to meet all of their financial needs. Empowering people and places to realize and attain their dreams is what our community-first banking is all about, and that's what our team strives to do in the communities we serve each and every day.

Position Summary

Assists business banking lenders and officers in with business loan activity. Develops and analyzes credit/financial information pertaining to diversified types of business loans, prepares detailed and summary analysis reports relating to financial condition of business borrowers for loan officers or committees, and maintains an ongoing credit review process on existing business borrowers with outstanding loan balances, accompanies officers on customer calls when requested.

Essential Duties & Responsibilities include, but are not limited to, the following:

• Develops credit information for use by lending officers or committees in making credit decisions on new, renewal, and extension loans
• Reviews all pertinent credit and financial information including bank files, credit reporting services, and financial institutions
• Prepares spreadsheets and related financial information
• Prepares summary reports, presents facts and offers opinions concerning credit worthiness to loan officers and/or committees
• Assists lenders/loan officers in preparation of loan application package for loan committee presentations
• Periodically, but no less than annually, reviews credit files to ensure information is current and reports any difficulties to the loan officers; monitors credit files to assure current financial statements and other pertinent items are available
• Performs annual reviews on specified business customers whose outstanding loan balances exceed defined aggregate debt thresholds; prepares comparative analysis report for file documentation; determines loan classification ratings
• Compliance training is assigned to all Bank personnel based on their position with the bank. Employees are required to complete all assigned training timely and in accordance with Bank's policy.

Minimum Qualifications

• Bachelor's degree from a four-year college or university, preferably in accounting, business or finance; and
• A minimum of one (1) year related experience and/or training in analyzing financial information and making industry evaluations.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are a basic summary of the knowledge, skill, and/or ability required. The full job description is attached as a pdf to this job posting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Equal Opportunity Employer

The employment policy of First Federal Bank and its subsidiaries is to provide an equal employment opportunity for all employees and job applicants without regard to race, color, religion, sex, national origin, age, individuals with disabilities, protected veteran status, sexual orientation, gender identity, genetic information, or any other legally protected characteristics or activities in accordance with applicable laws.