Commercial Credit Analyst

The Commercial Credit Analyst is responsible for the completion of analytical tasks associated with underwriting and monitoring of the Wholesale and Business Banking Loan Portfolio.  The responsibilities may include, but are not limited to, the preparation of corporate and personal financial statement spreads, global cash flow analyses, monthly borrowing base testing, and the tracking and monitoring of the Commercial Loan Portfolio.  The monitoring may include, but is not limited to, credit policy exceptions and covenant compliance. In addition, this position is responsible for reviewing loan submissions to Centralized Credit and Monitoring for completeness, accuracy and the identification and collection of missing information to facilitate efficient loan decisions and closings. The Analyst works closely with the other employees within both Credit Administration and the Lines of Business.

Work is varied in nature with changing priorities. Incumbent applies knowledge of commercial lending principles and technologies to work performed. Works under limited supervision and in compliance with established policies, procedures and regulations. 

Position Accountabilities

• Completes testing and documentation of covenants, borrowing bases, analytical work, and other items as identified utilizing various software and systems.
• Spreads business financial statements at the request of the Relationship Manager or Credit Officers on existing borrowers and prospective new clients. Financial Spreads may be completed within vendor provided solutions such as nCino, Moody’s Credit Lens, or within internally designed templates in Excel.  The incumbent may be responsible for the identification and implementation of modifications to spreading tools. 
• Completes Borrowing Base collateral valuations and monitoring of both prospects and an assigned client portfolio. Ensures applicable systems are updated within required timelines, and notifies Credit Officers and Bankers of identified issues. 
• Review loan submissions within the Centralized Credit and Monitoring Department to ensure all necessary information and documents have been received. Work with Lines of Business to collect missing documents.
• Review of information received and/or within loan origination system for completeness and accuracy.
• Responsible for accurate loan coding and regulatory data entry points (HMDA, CRA, etc)
• Assess and assign applications to the appropriate queue or teammate.
• Conduct initial underwriting assessment for probable decline based on credit reports, collateral LTV, prohibited industry, and other credit characteristics.
• Responds to requests for credit work within 24 hours. Discusses completion dates with sales and credit partners, and works to meet agreed upon deadlines.  Discusses delays with partners prior to missed deadline
• Performs stress testing on the Commercial Real Estate Portfolio under the direction of the Senior Commercial Risk Analyst and inputs results in the Operating Statement Input Spreadsheet.
• Completes industry research and market data as requested by Relationship Managers and Credit Officers. This research may be conducted through vendor resources including CoStar, REIS, CreditSafe, VerticalIQ, and RIMS, or through public sources on the internet including trade organizations, Moody’s, S&P, Realty firms, etc.
• Completes the annual term loan servicing of smaller credits as requested by the Relationship Manager
• Analyzes segments of the loan portfolio, identifies trends, and assesses risks.
• Effectively partners with Credit Team to improve efficiencies of operation, minimize risk, and expand sales opportunities.
• May perform other related duties as assigned.

Organizational Relationship (role that this reports into)

Manager – Credit Analysis

Position Qualifications

Education & Experience

Bachelor’s degree in Accounting, Business or Finance and/or equivalent experience desired and three or more years banking experience with emphasis on commercial documentation, policy, and financial analyses.

Knowledge & Skills

• Advanced written and analytical skills to assess trends and document conclusions.
• Knowledge of commercial lending, including legal documentation
• Familiarity with general commercial lending policies, including FIRREA and FDICIA.
• PC proficiency and experience with word processing and spreading software including the use of system and user generated formulas, macros, charts, and tables.
• Knowledge of Generally Accepted Accounting Principles.
• Ability to research industry sources needed for credit evaluations.
• Strong organization skills with the ability to self-manage time and work flow to meet deadlines.
• Ability to manage multiple projects at one time.

Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc.  This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program.  General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits. 

We are proud to be an Equal Employment Opportunity employer.  We maintain a drug-free workplace.