Credit Analyst I

General Responsibilities

Responsible for providing analytical services relating to the lending activities of the Bank; achieving goals as established in the Credit Division’s annual operating plan; complying with operating policies and procedures established for the credit function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.

Essential Duties

• Provides analytical services relating to the lending activities of the Bank as illustrated by the following: 
• Analyzes existing and prospective borrowers and performs all aspects of credit analysis to maintain credit integrity of loan portfolios. 
• Conducts cash flow and collateral analysis.
• Identifies key risks to each approval request with appropriate mitigation. 
• Identifies all exceptions to Credit Policy and provides appropriate mitigation. 
• Assess all key strengths and risks of each approval requests and provides the Loan Officer with a recommended Risk Rating score. 
• Analyzes and incorporates real estate market data and industry data into the loan presentation summary. 
• Prepares the Loan Presentation Summary which is a written document that includes but is not limited to the proposed loan terms, cash flow analysis, collateral analysis and all other financial analysis. 
• Spreads financial information including tax returns and accountant prepared statements using Sageworks software.
• Makes recommendations based upon creditworthiness of the borrower and terms of facility; provides support to the Loan Officer during presentations to the Senior Loan Committee or other approvers as required.
• Provides ongoing support to lending officers for the management of customer matters, including maintenance of customer credit files, regulatory and compliance matters, and general customer service.
• Performs special projects relating to the Credit Analysis Department and loan portfolio as well as other duties as requested by Senior Credit Officer.

Ancillary Duties

• Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the essential job functions of this position, the employee is regularly required to sit, stand, talk, hear, walk, use hands and fingers, handle or feel objects, and reach with hands and arms. At times required to stoop, kneel, bend, crouch and lift up to 25 pounds. This position requires regular use of a computer.

Peoples Security Bank and Trust Company is an Equal Opportunity Employer

Education/Training: A B.S. or B.A. degree in Accounting, Finance, or Business normally required.

Skill(s): Must demonstrate strong communication skills; superior problem solving ability; proficient analytical, writing and mathematics skills; proficient PC skills specifically with Microsoft Excel and Word; strong time management and prioritization skills; working knowledge of financial statements and tax returns; ability to analyze, investigate, research, and make recommendations on potential loans.

Experience: A minimum of one (1) year’s banking experience normally required.