Credit Analyst II

Location: 

Harrisburg PA

 Position Summary: 

A Credit Analyst will assist loan officers in connection with financial analyses of all types of credit information; develop and analyze all types of credit information pertaining to commercial loans; prepare credit reports; furnish information relative to credit inquiries; provide other assistance to loan officers as requested.

Qualifications:

Bachelor’s degree in Business, Finance, or Accounting; equivalent work experience will be considered in lieu of a degree.

Minimum three (3) years of experience in spreading and analyzing financial statements (business & personal) with a solid understanding of evaluating business loan requests; working knowledge of Credit Department practices and procedures.

Proficient reading, verbal, and written communication, mathematical, computer, and interpersonal relations skills; working knowledge of current lending, loan review and banking regulations; proficiency in analyzing and interpreting financial statements; good working knowledge of spreadsheet and database software.

Essential Duties:

Develop credit information, from various sources, for use by loan officers and approval authorities in evaluating creditworthiness of new and existing borrowers; prepare financial spreadsheets and compile supporting financial information; analyze financial information and related credit information to determine creditworthiness of borrower; may make recommendations to appropriate personnel on the granting or denying of loans; prepare sufficient information to document recommendations; provide thorough documentation of financial analysis work, including ratios and other related information; ensure credit analysis activities are conducted in accordance with prescribed lending policy.

Prepare commercial loan presentations for appropriate approval authority; ensure that up-to-date financial statements, accounts receivables agings, and other required items are current and on file.

• Analyze financial statements, credit reports, and other relevant data.
• Assess the risk level of lending to new and existing borrowers.
• Make recommendations to appropriate personnel on the granting or denying of loans
• Provide thorough documentation of financial analysis work, including ratios and other related information.
• Monitor existing credit accounts for compliance and risk.
• Ensure that up-to-date financial statements, accounts receivables, agings, and other required items are current and on file.
• Collaborate with loan officers and financial professionals on credit decisions.
• Ensure credit analysis activities are conducted in accordance with prescribed lending policy and regulatory standards.
• Prepare commercial loan presentations for appropriate approval authority.

Benefits:

At Orrstown Bank, our employees are our most valuable asset. Our benefits package is designed to help our team achieve work/life balance, maintain a healthy lifestyle, and plan for the future.

• Medical insurance
• Dental insurance
• Vision insurance 
• Long-term disability 
• Short-term disability 
• Employee, spouse and dependent life and AD&D insurance 
• Flexible spending account
• Dependent care spending account 
• Employee stock purchase plan 
• 401(k)/profit-sharing program 
• Paid time off 
• Paid holidays 
• Paid parental leave
• Employee service recognition