Credit Analyst

The Senior Credit Analyst provides support to commercial lenders through detailed financial/credit analysis, perform research on industry trends, train, and mentor less experienced analysts, independently underwrite loan requests with primary focus on large and/or complex borrowing relationships, and prepare internal reports. GENERAL DESCRIPTION OF DUTIES: Analyze financial information of prospective and existing borrowers and, if credit-worthy, underwrite loans in conformance with Loan Policy primarily for large and/or complex borrowing relationships and to generally be completed, with accuracy and detail, within 5 active working days, requiring minimal guidance. Work directly with Commercial Lending Officers to obtain all necessary information needed to underwrite loan requests. Prepare spread sheets, analyze financial information, and develop cash flows of prospective and existing borrowers. Prepare loan offering memoranda, analyzing financial, collateral, cash flow and other appropriate information of prospective borrower’s and guarantors, assessing credit risk, if credit-worthy, underwriting in conformance with Loan Policy and present loan requests to appropriate loan authority level. Performs analyses on perspective vendors of the Bank, on an annual basis when appropriate, and on request. Provide leadership, training, and coaching to Credit Analyst team and back up support for the department Manager. Assists in the collection of all pertinent information on commercial borrowers to ensure continued financial capacity and adherence to loan covenants. Assists in maintaining an accurate record of financial information for each commercial borrower. Maintains commercial credit files to ensure the adequacy of loan documents and supporting information. Assist in determining the scope of the commercial loan portfolio review, which is performed by an outside loan review firm. Act as liaison with outside firm in providing requested financial and other information and updates. On a limited basis, calls on prospective borrowers within the Bank’s market area to introduce information about the Bank’s lending programs and determine credit needs of the prospect. On a limited basis, along with respective Commercial Lender, attend meetings with prospective and existing clients to obtain appropriate information regarding the Borrower. Maintains a presence in local Chambers of Commerce and other civic or business-related organizations to maintain awareness of business lending opportunities. Order and review environmental initial screenings. Participate in Management Loan Committee meetings as needed. Support the Commercial Credit Manager and/or Team Lead with the training and development of new team members, as well as trainees. In consultation with the CLO and Credit Management, prepare required reporting for Management Loan Committee and Board of Trustees as required. Prepare high quality credit presentations with minimal rewrites and conducts accurate credit analysis on all projects assigned. Perform other duties as required. Completes all required compliance training as assigned in a timely manner. LEADERSHIP PHILOSOPHY: Empower & Support: Prioritize employees' growth by providing resources, mentorship, and opportunities for success. Lead with Integrity: Foster a culture of trust, transparency, and ethical decision-making. Encourage Collaboration: Fostering an environment that leverages collaboration, innovation, and accountability to achieve strategic goals The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills Information, data, and content Teaching learning and self-development Communication, collaboration, and participation Digital identity, safety, and security Technical proficiency with all bank products Awareness and interest in new technology Creation, innovation, and research BASIC KNOWLEDGE, SKILLS & TRAINING REQUIRED FOR MAXIMUM PROFICIENCY: A bachelor’s degree, with an emphasis in business, finance or accounting with supplemental banking education/formal credit training. Good financial analytical abilities. Proficiency in WORD, EXCEL and other MS OFFICE applications required. Familiarity with automated underwriting systems is a benefit. Excellent verbal and written communication skills and the ability to interact professionally with a diverse group, executives, managers, and subject matter experts. EXPERIENCE REQUIRED: 4+ years of related commercial underwriting experience. Knowledge of financial statement fundamentals, accounting concepts, and industry trends and practices required. EDUCATION: A bachelor’s degree is required preferably in business or finance with ancillary banking education preferred. Compensation: Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience. Ascend Bank is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status. Applicants requiring reasonable accommodation in the application process should notify Human Resources. #J-18808-Ljbffr