Credit Analyst

Credit Analyst

The Credit Analyst with PlainsCapital Bank provides full support to the Commercial Lending Officers and is primarily responsible for underwriting financial transactions involving working capital, equipment, real estate and small company acquisitions. In addition, the credit analyst ensures that proper credit/collateral documentation is obtained, identifies any deviations to loan policy, participates in loan closings and assists in the ongoing monitoring of credits.

Responsibilities

Analyzes financial statements (including performance ratios) of all levels of quality to develop initial assessment by identifying strengths and weaknesses as pertaining to borrower's historical operating performance.

Prepares written analyses which include:

• credit investigation of the borrower and guarantors;
• economic and market conditions as they relate to the company, industry, and market area;
• in-depth historical and projected financial/cash flow analysis, including communicating with the borrower's accountant to gain a better understanding of the company's accounting practices;
• in-depth analysis of the secondary sources of repayment such as collateral;
• in-depth analysis of a guarantor's financial position
• identifies borrower's strengths and weaknesses

Collects and maintains industry data; researches industry specific information from outside sources, including conversations with the borrower, industry publications, references from other banks, credit agencies, as well as accessing information through the internet.

Attends weekly Loan Committee meetings and is available to answer questions regarding credit analysis as necessary; often presents the loan request to the committee.

Participates in customer meetings as requested by officers (may require travel at times).

Performs real estate appraisal reviews for lenders in all regions.

Processes and establishes accountability pertaining to Commercial Loan Agreement requirements/covenants.

Monitors periodic inspections pertaining to real estate construction projects – loan advances versus project completion.

Other duties as required.

Qualifications

• Bachelor's degree in Business related field required. Strong preference for Finance or Accounting major or concentration.
• Professional experience in financial, credit, or statistical analysis, and/or statement spreading and assessing companies through internships, part-time or full-time work, and/or extracurricular activities preferred.
• Excellent verbal, written and interpersonal communication skills.
• Excellent PC skills, including word processing and spreadsheets via Microsoft Office products as well as custom applications and systems.
• Excellent analytical, time management, organizational and problem-solving skills with the ability to multi-task and work in a deadline-driven environment.
• Must be self-motivated with strong initiative, accountability, and attention to detail.

About Us

PlainsCapital Bank was founded in 1988 by a group of young bankers who dreamed of bringing relationship banking to their hometown of Lubbock, Texas. With the acquisition of Plains National Bank, a Lubbock financial institution with one branch and approximately $198.8 million in assets, they began growing the bank one relationship at a time.

Over 30 years later, PlainsCapital Bank has held fast to its tried-and-true relationship-based culture and its commitment to financial strength and stability. PlainsCapital Bank ranks sixth among the largest banks headquartered in Texas by deposits and has a statewide presence with approximately 55 locations in markets such as Austin, the Coastal Bend, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio. Backed by decades of experience, our knowledgeable bankers are renowned for their straightforward approach and for taking exceptional care of their clients. They bring both financial and industry expertise along with vast local market knowledge to each client relationship.

PlainsCapital Bank conducts both commercial and consumer banking, providing a full suite of commercial banking products and services to fit any business model and convenient services, personal attention, and account features to help simplify managing personal finances.

PlainsCapital Bank continues to remain strong and stable, delivering highly personalized service and a single point of contact to help customers reach their financial goals.

To learn more, please visit us online at plainscapital.com/about.