Credit Analyst

About The Role

Provides support to Loan Officers by preparing loan documents, analyzing customer financial statements, tax returns, budgets, and other financial data. Performs ratio, industry benchmark, historical, and budget to actual comparative analysis. Prepares loan reports from which loan decisions are based upon and performs underwriting analysis. Provides quality customer service through friendly, professional, and efficient service to customers and outside associates. Assures effective and efficient administration of installment, commercial and real estate loan collateral files by the timely and accurate processing of all documents and entries, which are in compliance with bank, State, and Federal regulations.

Assists commercial lenders with credit analysis and credit approval.

The pay range for this position is $27.34 - 41.01 per hour.

• Prepares and/or oversees the preparation of credit authorizations, supporting documents and loan information sheets for new and existing accounts Spreads and/or analyzes financial statements and tax returns of potential and existing customers using appropriate tools and credit criteria.
• Analyze financial statements and tax returns and develop and convey questions and comments pertaining to financial trends and relevant borrower and industry data.
• Assists the assigned Loan Officer(s) in the management of the portfolio of loans. Responsibilities include but are not limited to:

• Performs analysis of financial statements, cashflows, and pricing analysis.
• Completes borrower background and qualification of the credit approval package.
• Prepares presentation materials for new and additional credit proposals.
• May prepare draft loan reports for loan officer review and finalization.
• Independently researches and analyzes company and industry data.
• May recommend loan terms and/or pricing structures to commercial lender.
• Helps track credit package completion.
• Helps prepare files for the audit/exam process and tracks their progress to assure their security.
• Assists the loan officer in the research and follow up of responses to audits/exams.
• Completes the closing loan process with customers.
• Begins collection efforts of late accounts.

• Provides support to Loan Officers by preparing all necessary credit approval documents accurately and within guidelines. Assists loan officers with preparation of correspondence, periodic reports, financial statements and loan analysis reports. Provide effective verbal and written communications to customers, business associates, affiliates, bank supervision, management and staff.
• Assures quality customer service and portrays a positive and professional image for the bank by friendly and efficient handling of all customers and by developing and maintaining professional relationships with government agencies (FSA & SBA), insurance agents, title company personnel, state and county auditors and other outside associates.
• Avoids possible loss to the bank by ensuring all installment, commercial and real estate loans are processed within the policies and processes established by the bank.
• Ensures the accurate and timely processing of commercial loans by providing computer input as needed, insurance and UCC-1 tracking and filing of legal documents. Ensures maximum collateral protection to the bank. Maintains orderly files so that unnecessary documents are purged. Maintains a list of pending and exception items and follow-up to assure receipt and completion of assigned collateral files. Prepare and release forms on paid out loans.
• Prepares and mails loan renewal packets in a timely manner.
• Prepares copies of customer provided financial and legal documents as requested.
• Responsibilities and duties may vary by the delegation of the Commercial Banking Officer or Commercial Loan Officer.
• Assist in the development and maintenance of certain management reports at the direction of the Chief Banking Officer.

• Comply with Bank policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

ADDITIONAL RESPONSIBILITIES:

• Adhere to Wheatland…