Commercial Banking Analyst

About the role

Company description: Burke & Herbert Bank, established in 1852, is the oldest continuously operating bank in the Washington, D.C. region and has a longstanding tradition of serving individuals, families, and businesses. As a local community bank with more than 100 branches across Delaware, Kentucky, Maryland, Pennsylvania, Virginia, and West Virginia, the Bank offers a full range of business and personal financial solutions. The organization prides itself on being large enough to provide comprehensive services while remaining personal, friendly, and caring as a workplace and financial partner. Burke & Herbert Bank is focused on anticipating customer needs and delivering an enhanced banking experience. The Bank is a Member FDIC and an Equal Housing Lender.

Role description: The Commercial Banking Analyst shall perform financial spreading and analysis for commercial, both commercial real estate and commercial & industrial, transactions. This involves reviewing financial statements, tax returns, and evaluating collateral, to determine the financial condition of individuals and businesses. This role is designed to assist underwriters and the bank in the evaluation of the strengths and weaknesses in commercial loan requests in determining if the overall risk in a credit request is acceptable to the Bank.

Responsibilities

• Use critical thinking and financial calculations to conduct thorough analysis of applications for commercial credit.
• Spread financial statement consistent with the organization’s guidelines.
• Analyze borrower’s balance sheet, income, and cash flow statement and interpret key ratios.
• Complete reviews on all types of commercial property – hotels, retail centers, office buildings, industrial warehouses, etc.
• Evaluate additional credit information for preparation of commercial loan package.
• Visit prospective commercial borrowers and/or collateral properties.
• Review real estate appraisals and environmental reports for relevance and accuracy of findings.
• Provide an analyzed, researched, and documented loan package for review by supervisor, officers, committee, or Board as appropriate.
• Assist with loan scenario questions and be responsible for calculating risk scorecard and recommending risk ratings.
• Maintain department service level and turn‑time standards.
• Gain knowledge of and uphold compliance with policies and procedures of the Bank.
• Assist underwriters and team members as requested.
• Perform additional responsibilities as assigned.
• This position has no supervisory responsibilities.
• Travel may be required for this position.
• Work environment: office setting; routine use of standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines; duties conducted via telephone, face‑to‑face meetings, and on the computer.
• Physical demands: requires manual dexterity, ability to lift files and open cabinets; may require bending, stooping or standing as necessary.

Qualifications

Education and Experience: Bachelor