A Credit Analyst’s primary responsibility is to evaluate the financial condition of individuals and businesses applying for residential lending credit by conducting financial analysis.
- Performs credit analysis of simple financial statements and collateral evaluations independently with direction of the SVP/Credit Department Manager.
- Conducts financial analysis to include spreading financial statements, ratio analysis, and industry comparisons.
- Analyzes cash flow and projections, including collateral and secondary repayment sources.
- Makes recommendations in accordance with sound banking practices in order to minimize risk exposure.
- Ensures commercial loan requests adhere to Bank policies and procedures.
- Works closely with loan officers in the preparation of loan presentations and analysis of the financial strengths and weaknesses of commercial borrowers.
- Verifies and analyzes financial information and prepares narrative analysis of findings on new loans and on existing loans; practices drafting loan presentations with direction of the SVP/Credit Department Manager. Requests additional information as required to complete the evaluation.
Qualified candidates will possess the following:
- Bachelor’s degree in related field.
- Minimum one year prior credit analyst experience.
- Solid analytical and problem-solving skills.
- Familiarity with commercial loans.
- Familiarity with risk analysis tools.
- Possesses solid time management skills and the ability to prioritize.
- Strong computer skills, especially with creating and maintaining spreadsheets.
- Strong verbal, written and interpersonal communication skills.
- Ability to demonstrate initiative and flexibility/adaptability under tight deadlines.
- Ability to prioritize and follow through on work assignments.