Credit Analyst

Job Posting

Description Summary: The Credit Analyst supports the Portfolio Manager (PM) and the Relationship Manager (RM) throughout the pre-loan and post-loan process. The Credit Analyst uses tools such as financial models, credit reports and key ratios to determine the continued creditworthiness of existing clients.

Essential Duties and Responsibilities:

• Analyze financials and prepare spreads in the FirstBank underwriting program.
• Conduct financial analysis and underwriting for credit for loan modification requests and loan renewals.
• Occasionally prepare underwriting/credit memos for new loan requests after collecting all financial information.
• Clear collateral exceptions.
• Track borrowing base reports.
• Test financial covenants in the FirstBank underwriting program.
• Monitor past due information and future maturities, alerting the RMs as needed.
• Order appraisals.
• Prepare, review and monitor reports to ensure FirstBank guidelines for compliance and credit monitoring are being met.
• Monitor reports analyzing loan commitments and outstanding balances by customer, loan type, property type, location, size, etc.
• Perform the analysis of key financial metrics for input in commercial loan risk rating matrices to ensure accurate stratification of the bank’s commercial loan grading portfolio.
• Perform research to maintain current knowledge of industry trends, economic trends and regulatory impacts on borrowers that may affect the ability to repay a loan in their respective portfolio.
• Attend meetings and represent the PM and/or RM teams as needed.
• Function as part of the RM team as a capable secondary point of contact for commercial clients.
• Complete consumer compliance lending courses
• Complete two weeks of retail banking training
• Provide consistent, distinctive service to all clients when delivering the FirstBank service experience.
• Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.
• Provide independent analysis of credit requests and provide an effective challenge in loan approval and grading utilizing credit policy.
• Ensure source documentation and credit analysis are accurate and timely supported.
• Possess a sound knowledge of credit policy and its application to credit requests
• Regular and reliable attendance.
• Perform other duties as assigned.

Education and/or Experience:

Bachelor’s degree in finance or similar field preferred

Skills and Abilities:

• Strong verbal and written communications; one-on-one and in team environments
• Ability to allocate time effectively and independently to prioritize timelines
• Strong personal organizational and time management skills
• Ability to demonstrate the highest level of ethical behavior and confidentiality and maintain confidentiality with sensitive information
• Understand and comply with bank policy, laws, regulations as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity

FirstBank does not accept unsolicited resumes from agencies and staffing firms. Recruitment agencies and consultants may not submit resumes directly to managers. FirstBank will not pay fees to any third-party agency or company that does not have a signed agreement as an approved vendor.

FirstBank in an Equal Opportunity Employer, including disability.