Credit Analyst 1

About the role

With close supervision, incumbents analyze and project credit and financial information for less complex commercial loans. They review all pertinent credit and financial information on borrowers and proposed borrowers, including reporting services, credit bureaus, other companies, financial statements, credit files, etc. The incumbents conduct financial analysis on borrowers to assess their ability to repay loans, monitor trends and conditions and determine and alert senior staff and managers to potential problem situations that surface from analytical research.

Responsibilities

• Analyze and spread financial statements and related material for less complex commercial loans.
• Provide assistance in the preparation and presentation of loan proposal packets for the Loan Committee meetings.
• Following defined parameters, determine the need for more thorough research or additional information, and work with the Commercial Bankers to obtain the needed information.
• Oversee and maintain an up-to-date computer system to spread, analyze, and project financial statements.
• Prepare reports to be used by the Commercial Bankers and loan committees.
• Prepare summary reports, present facts, and offer recommendations concerning creditworthiness and customers' ability to repay loans.
• Utilize current methods and procedures to analyze credit to maintain and enhance the bank's loan portfolio quality and minimize any potential loss.
• Provide feedback to others on a timely basis without sacrificing quality in the credit review process.
• May make recommendations on improvements with bank procedures to senior management.
• Perform all liaison activities in a professional manner to ensure maximum cooperation between and among all associates.
• Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to completing compliance training and adhering to internal procedures and controls; reporting any known violations of compliance policy, laws, or regulations; and reporting any suspicious customer and/or account activity.

Requirements

• Associate's Degree or 2 years of college or equivalent related finance, accounting, or lending experience, or relevant military experience
• 9 hours of college-level accounting or equivalent training (ABA, Omega/Moody's, or other in-depth training courses focused on financial analysis or commercial loan underwriting)

Preferred Qualifications

• Professional work environment experience
• Bachelor's degree
• Relevant military experience is considered for veterans and transitioning service members

Benefits

Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits.

Pay

Grade 14 Pay Range: $25.30 - $31.60 per hour

Schedule

Availability is needed Monday through Friday 8:00 am to 5:00 pm with ability to work additional hours as needed.