Credit Analyst Experienced

Job Description

Job Description

Who We Are:

We named our Company Verus because it is loosely translated Latin for right. Our philosophy is do the right thing: do right by our community, do right by our shareholders, do right by our employees, and do right by our customers. Following this simple philosophy we have grown the bank into one of the premier community banking franchises in this market, and in fact one of the strongest in the state and the nation. At its roots, a community bank is worth nothing more and nothing less than its relationships: relationships with clients, employees, shareholders and the community.

What's in it for you:

• Competitive pay range from $40,000 - $65,000 depending upon skills/and or experience
• 401K match eligible after one year of service
• Medical/Dental/Vision/Life/Disability plans with FSA and HSA options
• Paid time off and paid holidays
• Employee Assistance Program

Seeking a positive, outgoing, professional team player to join our Loan staff at VBOC!

40 hours per week, schedule availability Mon-Fri 8AM-6PM, NO Saturday hours!

POSITION DESCRIPTION

Job Title: Credit Analyst

Reports to: Chief Credit Officer or President

SUMMARY OF JOB RESPONSIBILITIES

Has responsibility for providing credit analysis for the lending activities of the Bank. Provides analytical services in the administration of loan accounts. When needed and in conjunction with loan officer(s) will meet with current and potential customers to obtain information needed for loan requests.

ESSENTIAL FUNCTIONS AND JOB RESPONSIBILITIES

1. Underwrites, analyzes and prepares presentations for loan committee. Assists in negotiating loans and structuring presentations.

2. Analyzes the credit and collateral aspects of business and individual loans both secured and unsecured.

3. Monitor loans to ensure proper documentation with respect to items such as periodic calculations of ratios to determine financial covenants.

4. Assists with preparation for annual account reviews.

5. May perform related duties as assigned or as the situation dictates.

OTHER DUTIES AND RESPONSIBILITIES

1. Assists with documenting loans to ensure complete loan files are maintained; work with customers on loan accounting/payment issues as needed.

2. May be assigned various projects involving research on lending programs, review of outstanding loans or exploration of lending alternatives for prospective customers.

3. May have responsibility for loan tickler system.

4. Assist with preparation of commercial and consumer loan compliance documents and requirements; as well as review executed commercial and consumer loan compliance documents.

QUALIFICATIONS & OTHER CONSIDERATIONS

Skills/Equipment

1. Possess the analytical skill to assess and evaluate areas of responsibility including determination of loan risk involved and recommendation of credit limitations.

2. Have a knowledge base of Small Business Administration loans.

3. Thorough understanding of financial data such as cash flow, balance sheet, profit and loss, and collateral dynamics of customers’ properties and geographic area.

4. Ability to deal effectively and tactfully with all levels of Bank personnel and outside business contacts.

5. Experience with Excel, Microsoft Word and spreadsheet software. Good written and verbal skills.

Training/Preparation Required

1. Comply with all requirements, policies and procedures of the Bank Secrecy Act (BSA) and attend all mandatory BSA training as needed for this position. Additionally, required to complete all required compliance and regulatory training, not limited to BSA.

2. Adhere to all lending regulations as they relate to the loan being requested.

3. Bachelors degree or related field and/or commensurate work experience is required.

4. One to three years previous banking or finance experience is preferred.

Working Conditions/Physical Demands

Generally good. The environment for this position is non-confined office-type setting that is mostly clean and comfortable. Little discomfort caused by such factors as noise, heat or dust. The incumbent while performing this position spends time writing, typing, speaking, listening, lifting (up to 20 pounds), carrying, seeing (such as close, color and peripheral vision, depth perception, and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching. May require travel through the Bank’s service area.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions