Credit Analyst

SUMMARY:

The Credit Analyst I position serves as an entry-level role focused on reviewing credit request information, conducting evaluations and analyses of that data, and preparing detailed credit memoranda for commercial loan applications.

JOB DUTIES AND ESSENTIAL FUNCTIONS:

• Underwrite and prepare credit memorandum packages, under guidance for loans <$3MM.
• Accurately and promptly complete cash flow spread requests for Loan Officers.
• Serve as back-up for appraisal reviews and in-house evaluations.
• Manage the integrity of risk management functions by ensuring acceptable credit standards are maintained and loans conform to established Bank policy, procedures, and regulatory requirement
• Evaluate the creditworthiness of potential and existing clients by analyzing financial statements, credit reports, and other relevant financial data.
• Accompany the Loan Officers on customer calls and site visits of potential and existing customers as requested/needed.
• Regularly track and test borrowers' compliance with loan agreements by analyzing key financial metrics, ensuring adherence to financial covenants, and flagging any potential breaches for timely resolution.
• Review and assess borrowers' financial performance, creditworthiness, and compliance with loan terms during the annual review process, identifying risks and making recommendations for any necessary adjustments or actions.
• Perform cash flows, financial analysis, collateral valuations/analysis, global cash flows, etc. for commercial borrowers and guarantors.
• Research industry information; history of the borrower; or any information or articles on the internet that would pertain to the borrower positively or negatively.
• Conduct independent and objective review of loan underwriting practices, approvals, monitoring activities, and credit administration procedures.
• Evaluate appropriateness of loan structures and completes analysis of financial information to identify current or potential problems in credit quality and potential portfolio risk.
• Review borrower relationships to develop an assessment of loan repayment ability validating that the risk rating and perception of risk is accurate. 
• Review loan documents for accuracy, completeness, and adherence to credit memorandum covenants and conditions.
• Maintain excellent customer service to internal customers and external customers.
• Perform other duties and special projects as assigned. 

WORKING CONDITIONS:

• Air-conditioned work environment. 
• Consistent and timely attendance is required to ensure uninterrupted operational
• efficiency and exemplary service delivery.  

PHYSICAL DEMANDS:

• Sit for extended periods of time.
• Walk, stand, bend, squat, twist, and reach.
• Simple grasping and fine manipulation.
• Extended keyboarding.

MINIMUM REQUIREMENTS:

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics or a related field.  
• Excellent verbal and written communications skills. 
• Proficiency in reviewing tax returns, financial statements, and financial analysis.
• Proficiency in Microsoft Office Applications including Excel, PowerPoint, and Word. 
• Ability to conduct independent and objective reviews of loan and credit practices. 
• Strong problem-solving skills to address obstacles in the underwriting process.
• Demonstrate a strong capacity for effective collaboration with others.
• Flexibility to handle a variety of tasks and special projects as assigned, adapting to changing priorities, deadlines, and regulatory environments. 

PREFERRED REQUIREMENTS:

• 3 Months of experience as a Credit Analyst or related Internship.
• Professional certifications such as Certified Credit and Risk Analyst (CCRA), Chartered Financial Analyst (CFA) or Certified Risk Analyst (CRA).

Disclaimer: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

We are an Equal Opportunity Employer

TexasBank is committed to providing equal employment opportunities regardless of race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state or local laws. This policy applies to all terms and conditions of employment, including, but not limited to, recruiting, hiring, placement, promotion, compensation, benefits, training, disciplinary actions, layoff, recall, transfer, leaves of absence, and termination. Employees with questions or concerns about any type of discrimination in the workplace are encouraged to bring these issues to the attention of Human Resources.