The Senior Credit Analyst examines credit history using credit agency tools and evaluates potential risks. Analyzes the creditworthiness of prospective and current customers. Being a Senior Credit Analyst may make recommendations regarding bad debt or write-offs. Makes recommendations on credit extensions within established guidelines. In addition, Senior Credit Analyst typically requires a bachelor’s degree. Typically reports to an executive or a manager. Being a Senior Credit Analyst contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Senior Credit Analyst typically requires 4 to 7 years of related experience.
Senior Credit Analyst Job Description Template
Our company is looking for a Senior Credit Analyst to join our team.
Responsibilities:
- Orders and analyzes lien searches, D&B reports, and credit bureaus;
- Provide backup to the Lending Assistant as needed;
- Performs annual file reviews;
- Assists lenders and Chief Credit Officer with special projects and other administrative duties when needed;
- Works directly with lenders to prepare credit presentations;
- Completes appraisal review forms;
- Manages future maturity list;
- upporting credit analysts and lenders by completing or reviewing loan presentations ensuring accuracy, consistency and adherence to loan policy;
- Prepares worksheets and comments for loan closings;
- Prepares modified credit presentations;
- Demonstrate sales skills as it relates to identifying new sales and service opportunities in supported portfolios;
- Assist with portfolio management, including reporting monitoring and updating internal reports and compliance programs (e.i. ONTRACK and DCI);
- Develop a robust valuations and monitoring infrastructure;
- Support senior officers in all aspects of underwriting and closing deals;
- Design and develop new credit, pricing, limit setting policies.
Requirements:
- Bachelor’s degree in Accounting, Finance or related field;
- 5+ years of experience in Lending or related field;
- Flexible and adaptable to a dynamic environment;
- Complete understanding of regulatory compliance regarding commercial lending;
- Efficient in use of commercial loan systems;
- Bachelor’s degree in Accounting, Finance or Business Administration;
- 4-7 years of related experience; preferred to be credit trained or equivalent based on experience in financial modeling and analysis.