Credit Analyst

About The Role

In this role, you will be responsible for the review, analysis, and evaluation of credit data for commercial loans. This is an entry-level, learning/development role.

• Collects financial information and conducts analysis by generating, running, and utilizing system-generated reports.
• Works with clients and Commercial Relationship Managers to analyze loan needs and options available to meet clients' financial goals.
• Spreads financial statements and related information to financial spreadsheets and/or software programs for analysis.
• Analyzes Accounts Receivable, Inventory, and other collateral information to determine adequate collateral coverage for Asset-Based loans.
• Analyzes financial data related to new and renewal commercial loan requests, including lines of credit, asset-based lines, equipment financing loans, and/or commercial real estate loans.
• Conducts credit investigations and prepares credit approval reports and summaries.
• Presents facts and offers opinions to Commercial Relationship Managers concerning applicants' creditworthiness.
• Complies with all Federal, State, and local laws/regulations as applicable.
• Provides exemplary customer service to internal and external clients.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training.
• Keeps up to date on regulation changes.
• Fulfills all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintains a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become “Business Bank of Choice.”

About You

• Bachelor’s Degree in Accounting, Finance, Business, or other relevant field, or equivalent work experience.
• Completed basic accounting classes acquired through an accredited university or college.
• At least 1 year of relevant credit analysis, underwriting experience, or commercial/consumer lending experience.
• Strong analytical and problem-solving skills.
• Strong written and verbal communications skills.
• Basic understanding of banking and credit administration environments.
• Basic credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.
• Basic knowledge of credit policies, procedures, practices, and documentation.
• Basic understanding of personal and business financial statements and tax returns.
• Basic knowledge of loan documentation and collateral perfection.
• Ability to learn loan origination, financial spreading, and other banking software.
• Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
• Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.

Pay & Benefits

The pay range for this role is $27.75 - $46.25. The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

Benefits

• Comprehensive healthcare coverage (medical, dental, and vision plans).
• A 401(k)-retirement savings plan with employer match for qualifying associate contributions.
• Employee Assistance Program.
• Life insurance.
• Disability insurance.
• Tuition assistance.
• Mental health resources.
• Identity theft protection.
• Legal support.
• Auto and home insurance.
• Pet insurance.
• Access to an online discount marketplace.
• Paid vacation, sick days, volunteer days, and holidays.

Travel Requirements

Occasional travel may be required.