Credit Analyst

At First Fidelity Bank, we are looking for talented, enthusiastic team members with a passion for service excellence. Our employees are critical to our overall success. We invest in our employees by providing excellent training and development, as well as advancement opportunities. We offer our employees a family environment, great benefits, competitive pay and paid time off for work/life balance. We are dedicated to giving back to the communities we serve, and we encourage our employees to participate in charitable giving and volunteer opportunities. One of our Core Values is to provide a caring place to work where people truly enjoy coming to work each day. Colleagues of First Fidelity Bank take pride in working here, make lasting friendships and have fun!

SUMMARY

The Credit Analyst provides for the accurate spreading of business and individual financial statements. Analyze account receivables, inventory and accounts payable for verification of availability of funds for borrowing base clients. Prepares detailed credit memorandums analyzing all credit parameters used in loan approval process. Provides projection modeling, loan covenant compliance, profitability analysis and risk rating analysis for current and prospective clients. Assists in the preparation of industry analysis. Handles special projects and provides customer service support to internal clients such as Commercial Relationship Managers.

PRIMARY DUTIES/RESPONSIBILITIES:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

• Analyzes all data, providing accurate information and sound judgment regarding the borrower’s total relationship.
• Under the direction of the Senior Credit Officer, prepares formal loan proposals, risk rating matrices and loan pricing worksheets which summarize the total relationship and a complete financial overview to include ratio and trend analysis. 
• Recognizes and notifies the Commercial Relationship Manager when there are loan policy exceptions, loan covenants violations, and a lack of required financial information.
• Performs research across a broad spectrum of industries. 
• Proficient in industry specific software like Jack Henry and Baker Hill Statement Analyzer.
• Prepares risk rating matrix and loan pricing worksheet.
• Advanced knowledge of financial statement analysis to include ratio and trend analysis and forecasting/projections.
• Provides technical and operation support to Loan Officers
• Streamlines and enhances the communicating of new business requests to the Chief Credit Officer.
• At times goes on client calls with Commercial Relationship Managers.
• Performs other relevant duties as assigned.
• Regular and reliable attendance is an essential function of the job.

QUALIFICATIONS

EXPERIENCE REQUIREMENTS:

• 0-3 years of experience as a Credit Analyst or equivalent 

EDUCATION REQUIREMENTS:

• Bachelors degree required; preferably in Finance, Accounting, or Economics
• Minimum 12 hours in accounting successfully completed.
• Successful completion of statistics courses preferred.

OTHER REQUIREMENTS (SKILLS, ABILITIES, CHARACTERISTICS):

• Excellent interpersonal and communication skills, both written and oral.
• Excellent critical thinking and analytical skills.
• Must have advanced computer skills, particularly in the use of Word, Excel [spreadsheets] and Office Suite products.
• Excellent time management skills.
• Adaptability and flexibility, specifically willingness to work overtime if deal flow requires.

ADDITIONAL INFORMATION

SUPERVISORY RESPONSIBILITY: None

WORKING CONDITIONS:

Must be able to work within a routine office environment.

AA/EOE M/F/D/V MEMBER FDIC