Credit Analyst

Credit Analyst III

Summary: Prepares written in-depth credit analysis for Commercial and Industrial and Commercial Real Estate loans by underwriting the basics of commercial credit worthiness and identifying and analyzing sources of payment. 

Job Functions:

• Interprets financial data, financial condition and level of risk related to various types of borrowing entities and individuals including financial statement analysis, collateral evaluations, trend analysis ratio and industry analysis.
• Creates cash flow schedules based on personal and business tax returns and/or financial statements.
• Reviews and spreads financial statements and prepares comprehensive financial analysis on the creditworthiness of the borrower.
• Creates Pro-Forma analysis to assess the company’s/individual’s ability to repay current and proposal debt obligations based on the perceived level of risk determined in the analysis.
• Makes recommendations on approval or declination of loan requests.
• Review appraisals and environmental reports.
• Support the loan approval process through credit authorization preparation and distribution. Provide documentation of committee approvals and requirements.
• Operate in a more senior position to provide assistance and act as a resource to the other analysts.
• Work on FIMAC analytic or other Stress testing software and reports as required
• Assist in the creation and completion of minutes to the various loan approval committees
• May perform other tasks and assist in projects as needed.

Position Requirements:

• Bachelor’s Degree in Business, Finance, Accounting or related discipline.
• Formal Bank Commercial Credit training or equivalent classes offered by third party providers (RMA, ABA, banking assns, etc.).
• 5-8 years banking/credit experience with 3+ years credit analysis experience in commercial banking. Lending background preferred.
• Knowledgeable of computer systems including word processing, databases, and Excel.
• Experience with credit analysis software. 
• Knowledgeable in financial institution operating policies and procedures and banking regulations state and federal.

Key Qualifications:

• Demonstrated skill in analysis of business and individual financial statements, tax returns, and cash flows.
• Understanding of commercial real estate project analysis, real estate appraisal reviews and property environmental evaluation reviews.
• Working knowledge of all applicable Bank products and services.
• Excellent problem-solving skills and good process-facilitating.
• Detail oriented, good organizational, interpersonal, communications and writing skills.