Credit Analyst I

Position Summary:  

This position’s main responsibility is to perform credit analysis. This role works closely with commercial lenders in the underwriting process by spreading financial statements in the bank’s spread software, monitoring annual reviews and quarterly statement calendar, monitors the collection (with some review) of required interim financial information, and prepares credit analysis and credit memorandums for smaller and less complex credits. 

Major Duties & Accountabilities:

• Take part in and embrace the Legacy Culture by giving outstanding customer service to both internal and external customers.
• Plays significant role in the commercial loan underwriting process by:
• Preparing renewal prep forms
• Preparing renewal credit memos
• Accurately spreading customer financial statements in bank’s spread software
• Reviews financial statements and tax returns and prepares specific project cash flows and global cash flows for credits within established size threshold (typically loan relationships under $1MM)
• Prepares loan packets including credit analysis and the credit memo within an established size threshold (typically loan relationships less than $1MM).  
• Responsible for underwriting TRID loans
• Develop and maintain a working knowledge of bank loan policy as well as regulatory/compliance issues.
• Other responsibilities as assigned.  

Required:  

• High School Diploma or GED equivalent.
• 1-year previous financial experience.  

Preferred:  

• Bachelor’s degree in finance, accounting, or related area.  
• Previous credit analyst or lending experience.