Commercial Credit Analyst
About the role
The Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products, and prepares for credit reviews. The role requires knowledge of financial and risk analysis, proficiency in financial modeling, and the ability to build proficiency in underwriting to complete the underwriting process from beginning to end with limited oversight on increasingly complex credits. The Credit Analyst will attend and support Portfolio Reviews as needed, is responsible and accountable for risk by openly exchanging ideas, elevating concerns, and following policies and procedures, and ensures actions drive a positive customer experience while operating within the Bank's risk appetite by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
Responsibilities
- Responsible for proactively monitoring Credit Excellence and initiating collection of financial statements for upcoming renewals and periodic reviews.
- Prepare succinct credit approval memos with minimal errors, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions.
- Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and run risk rating models.
- Identify and determine monitoring analysis activities required.
- Verify coven