Credit Analyst
About the role
Credit analysts analyze primary and secondary sources of repayment—cash flow and real estate collateral values. They evaluate cash flow by spreading tax returns and financial statements, producing global cash flows, and providing analysis to lenders. To assess real estate collateral values, credit analysts review market data, engage appraisers, prepare in-house evaluations, and provide written reviews of appraisals. Combining insights from both areas, they evaluate the degree of risk involved in extending credit.
Responsibilities include preparing Commercial Credit Offerings (CCO), supporting the Loan Loss Reserve, and assisting with appraisal coordination and review functions. Credit analysts must fully understand and adhere to all federal and state laws, bank policies, and applicable software programs. The role reports to the designated Loan Quality Control/Appraisal Coordinator or an assigned Officer.
Responsibilities
- Spread tax returns and financial statements to evaluate cash flow.
- Produce global cash flows and provide analysis to lenders.
- Review market data and engage appraisers for real estate collateral valuation.
- Prepare in-house evaluations and written reviews of appraisals.
- Combine cash flow and collateral analysis to assess credit risk.
- Prepare Commercial Credit Offerings (CCO).
- Support the Loan Loss Reserve process.
- Assist with appraisal coordination and review functions.
- Adhere to federal and state laws, bank policies, and applicable software programs.
Requirements
- Bachelor’s or graduate-level (MBA) degree in business administration, preferably with a concentration in accounting or finance.
- Minimum 3.00 GPA.
- Minimum of two years of work experience in a role requiring customer service skills or one year of work experience in banking.