Credit Analyst

Credit Analyst

The Credit Analyst performs financial based analysis of credits which is used by the bank to assess risk, underwrite, and monitor existing credits to entities or individuals.

Essential duties and responsibilities include:

• Create financial spreads within the bank lending operating system using financial statements to find and review trends.
• Prepare reports designed to quantify borrowers' personal, global, and real estate cash flows on an accurate and timely basis.
• Verify accuracy of customers' borrowing base certificates for assets such as accounts receivable, inventory, and marketable securities.
• Calculate financial ratios and monitor for compliance in accordance with customers' loan agreements.
• Perform all necessary actions to update the tracking process for borrowing base certificates, financial ratio covenants, and annual reviews.
• Prepare industry or market specific reports using internal and/or external data to assist in the analysis of individual loan or portfolio level analysis.
• Create credit memos and annual reviews, as defined in current department procedures.
• Work in a constant state of alertness and in a safe manner.
• Complete required BSA/AML training and other compliance training as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Education and experience: Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 2 years related experience and/or training, and 19 to 23 months related management experience, or equivalent combination of education and experience.

Communication skills: Ability to read, analyze, and understand general business/company related articles and professional journals; ability to speak effectively before groups of customers or employees. Ability to write reports, business correspondence, and policy/procedure manuals; ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Mathematical skills: Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane, algebra, solid geometry and trigonometry.

Critical thinking skills: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Software skills required: Advanced: 10-Key, Accounting, Spreadsheet, Word Processing/Typing. Intermediate: Alphanumeric Data Entry.

Responsibility for work of others: Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Supervises a small group (1-3) of employees in the same or lower classification.

Working conditions: Periodically exposed to such elements as noise, intermittent standing, walking, pushing, carrying, or lifting; but none are present to the extent of being disagreeable.

Environmental conditions: The noise level in the work environment is usually quiet.

Physical activities: While performing the functions of this job, the employee is frequently required to sit, use hands to finger, handle, or feel, talk or hear; and occasionally required to stand, walk, reach with hands and arms, stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision; and color vision.

Additional information: Two (2) years of related experience and/or training - Should be analytically minded and possess good judgment - Proficient in Microsoft Word and Excel - Good oral and written communication skills.