Banking: Commercial Loan Senior Credit Analyst

Senior Credit Analyst

Mid Penn Bank is actively seeking a Senior Credit Analyst to join our team in PA.

The Senior Credit Analyst is responsible for analyzing credit data and financial statements of individuals or businesses to determine the degree of risk involved in extending credit. This individual will prepare reports with credit information for use in the credit decision. In addition, the Senior Credit Analyst will accompany Commercial Loan Officers on customer calls to collect information and ask questions that are necessary during the credit analysis process.

Senior Credit Analysts will work independently with limited supervision while analyzing the most complex credits and provide leadership and guidance to less experienced Credit Analysts.

Essential Duties and Responsibilities

• Works independently and with minimal supervision to analyze credit data for the most complex credits.
• Reviews and analyzes data and financial information to evaluate and provide judgment on the short and long-term repayment prospects of the individual or company.
• Synthesizes the results of the financial review and prepares financial statement spreads and a written financial analysis summarizing the borrower's historical and projected performance, credit strengths and weaknesses, sources of repayment, potential risks to the organization, and overall evaluation of creditworthiness.
• Applies credit policy to all loan requests and identifies exceptions to policy that would need additional approvals.
• Researches specific industry issues and economic trends to predict the potential impact to the borrower's performance.
• Provides recommendations to assist in policy & procedure development or maintenance.
• Contributes to active portfolio management and makes recommendations based on the receipt and evaluation of new financial information.
• Accompanies Commercial Loan Officers on customer calls to collect information and ask questions.
• Continues on-going education to stay abreast of current economic conditions, techniques in credit analysis, risk management, and industry trends.
• Achieves goals assigned to the Senior Credit Analyst as part of the assigned department's annual operating plan.
• Helps establish department goals and implements strategies to achieve goals and helps to manage department workflow when needed.
• Collects information and asks questions that are then used in the credit analysis process.
• Works closely with Loan Officers and department management on more complex transactions and interacts with customers and their financial officers in gaining in-depth understanding of customer's business and financial position.
• Contacts accountants, attorneys, and/or borrowers to obtain additional information.
• Prepares financial documents and reports in an accurate and timely manner.
• Completes a minimum average of 8 write-ups per month.
• Completes extensions prior to month end.
• Actively manages the term loan reviews as assigned.
• Collaborates with credit team to identify and correct any issues related to the lending function including customer service, internal operations, credit control procedures, etc.
• Communicates with management and staff personnel in order to integrate goals and activities.
• Partners with department management to help train and develop less experienced Credit Analysts; provides leadership, acts as a mentor, reviews work for accuracy, and coaches on best practices and advanced credit underwriting skills.
• Responds to inquiries relating to his/her particular area, or to requests from other company personnel, customers, etc., within given time frames and within established policy.
• Ensures that all credit analysis activities are conducted in accordance with prescribed departmental procedures and applicable laws or regulations.
• Estimates the degree of risk involved in extending credit or lending money to firms or individuals.
• Determines risk rating based on the evaluation of financial information.
• Plays an active role in protecting the organization and its customers against fraud by incorporating risk awareness and prevention into daily responsibilities.
• Prepares or oversees the preparation of key department reports such as, Portfolio Management Reporting, Monthly Stock Collateral Valuation report, Borrowing Base tracking reports, Quarterly Board Reports, and others.
• Maintains appropriate records and reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate personnel.
• Prepares minutes for company meetings.
• 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.
• Regular and predictable attendance is required.

Education & Qualifications

• A B.S. or B.A. degree, preferably in a related field of study; specialized financial analysis training also preferred.
• A minimum of two (2) to (3) years' related experience normally…