Credit Analyst

The Commercial Credit Analyst is responsible for successfully evaluating the financial condition of commercial borrowers, underwriting loan requests and preparing a timely and high-quality credit approval memorandum, adhering to the Bank's credit policies and procedures.

Key Responsibilities:

• Analyze financial information of prospective and existing borrowers and underwrite commercial loans in conformance with Loan Policy, including loan renewals, loan modifications and loan reviews
• Spread and analyze financial information, and develop cash flows of prospective and existing borrowers
• Prepare credit approval memorandums, review all pertinent credit and financial information, including but not limited to financial statements, tax returns, collateral, cash flow, due diligence reports, credit bureaus, appraisals, industry research, peer data, and other appropriate information of borrowers and guarantors, assessing credit risk, if credit-worthy, underwriting in conformance with Loan Policy and presenting loan requests to appropriate loan authority level
• Analyze financial information and related materials and complete the credit analyses for the Bank’s commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals
• Analyze and make recommendations to management regarding credit issues
• Work directly with Commercial Lending Officers to obtain all necessary information needed to underwrite loan requests
• Communicate with borrowers, accountants, management and bank staff as needed for credit investigations
• Is aware of and complies with CRA/HMDA Guidelines/Flood Insurance/Appraisal Regulations and adheres to Bank policies and procedures
• Perform other duties as required

Educational and Experience Requirements include:

• A bachelor’s degree is required preferably in Accounting, Finance or Economics with ancillary banking education preferred
• Minimum 1 year of related commercial underwriting experience.
• Knowledge of financial statement fundamentals, accounting concepts, and financial statement analysis required
• Proficiency in Microsoft Office
• Excellent written and verbal communication skills
• Critical thinking and evaluation skills
• The ability to work well with others but can also work independently

Physical Demands and Work Environment

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Any physical demands or work conditions described are representative of those that must be met by an individual to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.