Credit Analyst

Essential Functions

• Analyzes credit worthiness of borrowers (individual or businesses) for new, renewed, and existing loans.
• Authors credit approval documents stating the degree of risk involved in extending credit or lending money and submits to Loan Committee and loan officers for approval.
• Follows established checklist confirming necessary financial loan documentation has been received and monitors for follow up.
• Participates in the loan management process by providing credit and loan underwriting expertise to a team of lenders and loan processors.
• Generates financial ratios, using specialized computer programs, to evaluate customers' financial status.
• Compares liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations for existing loans.
• Establishes, reviews, and monitors loan files as instructed by loan officers, Risk Management Officer, and management staff so all financial documentation required has been received.
• Tracks loan exceptions and regularly communicates to loan officers for needed action.
• Aids management in recovery of foreclosed ORE (Other Real Estate) property and handles all related tasks including periodic inspections to make property marketable.
• Serves as primary contact for past due FHLB sold mortgages and responsible for regular contact and inspection of past due notes.
• Conducts field inspections of properties by physically examining land and buildings to determine size, class, quality and locations.
• Obtains pertinent resource materials to help establish assessed values.
• Prepares a variety of monthly department reports.
• Completes internal real estate evaluations including descriptions of area (site and improvements), plus a current market analysis.
• Reviews all third-party Real Estate appraisals.
• Accompanies loan officers on client visits when needed.
• Participates in continued compliance training for relevant lending and deposit laws and regulations.
• Responsible for understanding and following all internal banking policies and procedures.

Qualifications

• High School Graduate or General Education Degree (GED) Required.
• Bachelor’s degree with concentration in business, accounting, or finance preferred or equivalent work experience; financial analysis experience ideal.
• At least one year of banking experience preferred.
• Maintains confidentiality of all sensitive information and customer data.
• Ability to work effectively with people regardless of their age, gender, race, ethnicity, religion, or job type.

Benefits

• Medical, Dental, and Vision Insurance.
• Cafeteria Plan.
• Life Insurance.
• Long and Short Term Disability.
• Paid Vacation, Sick Days, and Holidays.
• 401k Retirement Plan.
• Supplemental Insurance Products.

About the Role

A complete Job Description is available upon request.

Requirements

Applicants must be able to pass a drug test and background and credit checks.

Skills

N/A

Benefits

• Medical, Dental, and Vision Insurance.
• Cafeteria Plan.
• Life Insurance.
• Long and Short Term Disability.
• Paid Vacation, Sick Days, and Holidays.
• 401k Retirement Plan.
• Supplemental Insurance Products.

Pay

N/A

Schedule

N/A