Credit Analyst I

At First County Bank, You + We = Team

YOU - Bring your talent, hunger to learn and desire to grow.

WE - Will provide you with the training and experience you need to become a Trusted Advisor to your clients.

TEAM - As part of the FCB team, you will share in the satisfaction of working for a respected 170-year-old institution with deep community roots and a tradition of giving back. 

First County Bank - It's where you belong!

We are currently looking for a Credit Analyst I to join our Credit Administration team! This individual will assist in underwriting commercial loans including the preparation of financial spreads, credit checks, market trends, financial analysis & other pertinent data necessary to complete commercial loan underwriting. Work Hours: 8:30am - 4:30pm, Monday - Friday.

Primary Responsibilities:

• Responsible for timely management of credit process for assigned loans, including post-closing portfolio management.
• Collaborate with team members from Business Banking and other departments as necessary on all aspects of credit risk administration.
• Prepare financial analysis to evaluate trends, projections, ratios, cash flows, collateral, and global debt service ability as they relate to loan presentations, credit reviews, and portfolio quality analysis.
• Highlight strengths & weaknesses of existing borrowers and applicants; Identify & highlight discrepancies and/or problem areas.
• Contribute to computer input and basic quality control of loan files and department information.
• Identify & escalate commercial lending compliance issues, including flood zone status, credit report red flags, and other issues as they arise during underwriting. 
• Communicate information to commercial bankers regarding status of commercial loan requests.
• Assist in the collection of borrower and guarantor financial statements and related preparation of annual reviews & loan covenant calculations for existing relationships.
• Assist in periodic reporting of Commercial Credit Administration data & related credit-related reports to senior management and the Board of Directors.
• Assist in file preparation for auditors, loan reviewers, and bank regulators.
• Collaborate with Business Banking & Credit Administration staff to ensure effective and timely handling of write-ups, loan reviews, audits, and issuance of correspondence for updated financial statement requests.
• Meet with customers and conduct site visits as needed.
• Assist with the development & implementation of department loan origination and credit administration platform, workflows, procedures and departmental data storage, presentation & dissemination. 
• Perform other duties as assigned.

Requirements/Qualifications:

• Completion of Bachelor's Degree in Business, Finance, or related field or equivalent experience; previous customer service background required. 
• Minimum 6 months experience in commercial underwriting or similar experience required, as well as some knowledge of banking operations. 
• Knowledge of accounting principles & practices, credit terminology, loan documentation familiarity, and basic credit/financial analysis techniques required. 
• Superior organizational & time management skills with demonstrated follow-up abilities. 
• Proficient in Microsoft Office.
• Superior verbal & written communication skills, as well as good customer service focus required. 
• Knowledge of Abrigo loan origination and credit administration software a plus.  

Salary commensurate with experience.

Wage Range: $65,000 to $80,000