Sr Commercial Credit Analyst

Job Description

Job Description

About Upstate National Bank

Founded in 1922, The Upstate National Bank (UNB) is a nationally chartered community bank focused on providing credit and services to meet the needs of small and medium size businesses, entrepreneurs, and professionals, along with our retail consumers within our geographic marketplaces. We continually strive to provide a safe and secure environment while simultaneously enabling and enhancing community prosperity and growth in the markets we proudly serve.

Our menu of credit, products and services is uniquely tailored to our clientele and evolved out of working closely with our corporate and professional customers to develop products with cost efficient attributes and qualities that address their everyday banking needs.

We primarily cover Upstate and the North Country in New York State utilizing our offices located in Rochester, Ogdensburg, and Philadelphia NY along with both our skilled people and technology.

Job Summary

The Sr. Commercial Credit Analyst is responsible for assessing the creditworthiness of individual and Corporate borrowers and guarantors by analyzing their credit history and other relevant factors to determine the level of risk associated with extending credit and make recommendations based on the results of their assessment. 

Additionally, they ensure adherence to proper documentation standards thorough financial analysis and compliance with the Bank’s Commercial Credit Policy. 

They review and analyze financial statements, tax returns, cash flow projections, and other financial data to assess the credit risk of perspective borrowers. They will determine creditworthiness borrowers by analyzing financial ratios, debt service coverage, and repayment capacity. They prepare credit approval summaries to support decision-making by the Bank’s Loan Committee and Senior Management Team. They also provide portfolio maintenance and loan servicing in accordance with Bank policies and procedures.

  Essential Functions and Job Responsibilities

• Analyze and underwrite new & existing loans.
• Prepare credit approval summaries & recommend risk ratings for current and prospective loans.
• Review & organize credit applications, tax returns, financial statements, and other information necessary for credit analysis.
• Collect and maintain necessary financial information from borrowers to perform annual reviews.
• Collaborate with relationship managers and Senior Credit Analyst to determine creditworthiness of borrowers in accordance with the Bank’s Commercial Credit Policy.
• Partner with loan operations personnel for funding of committed loan facilities.
• Monitor borrower’s financial condition, loan performance and repayment history. Take appropriate corrective action, as necessary.
• Monitor the value and adequacy of collateral. 
• Monitor loan relationships for signs of increased risk or deterioration and promptly escalate concerns to management. 
• Distribution of CAS documents to loan committee (backup).
• Order site visit inspections for loans requiring annual review.

  Required Education and Experience

• Bachelor’s degree (B.S.) in finance or accounting

• At least four years of experience in financial analysis, banking, or a related field

• Ability to work both independently and collaboratively in a team environment

• Strong organizational skills and ability to multi-task and prioritize tasks as necessary

• Excellent verbal and written communication skills to conduct productive and meaningful loan discussions and analysis

• Strong understanding of financial statements, accounting principles, and credit risk analysis

• Ability to serve clients in a cordial, tactful, and professional manner

• Good analytical ability to interpret financial information and credit worthiness of applicant

• Proficient in various bank software including Jack Henry, Moody’s, Word, Baker Hill and Excel

Work Environment

Office-based in Rochester NY office.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit while using hands to use a computer or other technologies. The employee frequently is required to see, talk, and hear. The employee is occasionally required to stand, walk, and reach with hands and arms. The employee must regularly lift and/or move up to 10 pounds.

What We Offer

• Medical, Dental & Vision group insurance from Day 1 (including a plan that is free for single coverage)
• 11 Paid Holidays & 3 weeks of PTO annually from Day 1
• 401k company match - 65% of employees 6% contributions 
• Company paid Life Insurance (up to 3 times of annual pay) and Long Term Disability Insurance 
• Supported continued education and certification 

EEO Statement 

The Upstate Bank offers equal opportunities to all persons without regard to race, color, religion, age, gender (including pregnancy, childbirth and related medical conditions), disability, national origin, ancestry, citizenship, military or veteran status, marital status, sexual orientation, gender identity or expression, domestic violence victim status, predisposing genetic characteristics or genetic information, or any other status protected by law. We will endeavor to make a reasonable accommodation/modification to the known physical or mental limitations of a qualified applicant with a disability to assist in the hiring process, unless the accommodation would impose an undue hardship on the operation of our business, in accordance with applicable federal state and local law. Applicants who require reasonable accommodation during the application process may contact Human Resources.