Credit Analyst

Description

This role serves as a key support person related to financial analysis and communication of loan decisions.

• Minimum of 3 years of banking experience, with knowledge of Sageworks/Abrigo.
• Minimum of 3 years of credit analysis and/or loan review experience within the banking industry.
• Must be proficient in basic software applications such as Microsoft Word, Excel, and Moody’s Financial Software. Familiarity with Bank’s internal applications is helpful.
• Must be attentive to detail with the ability to gather, correlate, and analyze facts to develop solutions.
• Excellent time management skills.
• Must possess good verbal and written communication and organization skills.
• Willingness to train and develop with bank and position needs.

• Responsible for complex credit scenarios.
• Responsible for spreading financial statements based on information provided in the loan package.
• Provide loan decisions and/or credit recommendations based on a review of all underwriting criteria, including loan structure, collateral, interest rate, and fees.
• Effectively communicate loan decisions to loan originators.
• Identify and review all necessary due diligence items along with negotiating terms and conditions of loan with originator.
• Mentors junior loan underwriters through all stages of the underwriting process.
• Provide the necessary coaching of lending staff to enhance understanding of the borrower.
• Identify and communicate cross-sell opportunities discovered during the underwriting process.
• Examine files periodically for assurance of credit and collateral documentation, regulatory compliance, and loan policy conformance; review technical exceptions and deficiencies.
• Prepare written analysis on all loans, aggregate lending vs. indebtedness for individual borrowers, complex loans, and weak loans.
• Identify problem loans, make recommendation for assignment of loans to review loan list that is reviewed quarterly with the board; discuss the status of problem loans with the CFO and senior lending officers and make recommendation regarding the future credit information needs; identifies loans meeting non-accrual or charge–off criteria.