Credit Analyst

SUMMARY:

This position evaluates the credit worthiness of commercial loan customers. The Credit Analyst is responsible for contributing to the loan decision-making process, providing in-depth credit analysis of new and existing customers for the bank. A credit analyst must be able to effectively report results and decisions orally and in writing. They must also be able to work on multiple credits at the same time and prioritize them properly. All other duties and responsibilities as assigned.

ESSENTIAL DUTIES, RESPONSIBILITIES, SKILLS:

• Spread and analyze financial information for new and existing borrower relationships, evaluating the financial health of the borrower(s)
• Prepare presentations of proposed loans, including objective recommendations regarding the credit worthiness
• Prepare annual reviews and credit memos
• Understand and communicate the degree of risk involved in extending credit by developing and evaluating primary, secondary and tertiary sources of repayment in addition to understanding liquidity and leverage of the borrower
• Assist with bank audits
• Assist in maintaining loan files for adequate and current financial information and documentation 
• Assist with floor plan audits
• Effectively communicate with members of the credit team, loan officers and others as required
• Assist in the generation of departmental reports as assigned
• Assist with credit or loan administration areas as needed
• Log, image & file credit related documents as necessary 

SUPERVISORY RESPONSIBILITIES:

None

QUALIFICATION REQUIREMENTS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily and maintain confidentiality and professionalism. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 

EDUCATION and/or EXPERIENCE:

• Bachelor’s degree from four-year college or university or one to two years related experience and/or training.
• Having a basic understanding of accounting principles and concepts is recommended.
• Through education or work experience have a basic understanding of the Bank’s loan products and loan policies along with a basic understanding of banking laws and regulations as well as industry standards.
• Basic computer skills including Microsoft Word, Excel, and database knowledge.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  
• Ability to write reports, business correspondence, and procedure manuals
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to work with mathematical concepts such as probability and statistical inference.  

INTERPERSONAL SKILLS:

This position is required to deal with internal as well as external customers, in a positive, “Quality Customer Service” manner. An open, willing to assist approach to work is expected along with the ability to work beyond their normal job duties as the situation requires. Interpersonal and problem-solving skills are required. This position will have access to highly confidential information that must be handled in a professional manner.

PHYSICAL DEMANDS:

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; use hands to finger, handle or feel; and reach with hands and arms. The employee is occasionally required to stand; walk; climb or balance; stop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 15 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance, color vision, depth perception and ability to adjust focus. 

REASONING ABILITY:

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form. 

WORK ENVIROMENT: 

The noise level in the work environment is usually quiet.