Credit Analyst

Responsibilities

• Analyze the overall credit quality and risk of applicants by reviewing financial statements, tax returns, credit reports, collateral values, and other relevant information including independent online research.
• Prepare accurate financial spreads, ratio analyses, and cash flow models using spreadsheet and word processing tools.
• Develop comprehensive credit presentations that include repayment capacity of the borrowers and guarantors, collateral descriptions, loan-to-value calculations, and a clear summary of strengths, weaknesses, and risks.
• Collaborate and communicate clearly with loan officers to assess client needs, loan structure, and pricing. Communicate directly with clients, as needed.
• Ensure credit analysis and presentations reflect adherence to internal credit policies, loan administration procedures, and regulatory requirements.
• Document policy or documentation exceptions, as well as prior-to-close conditions.
• Assign and recommend credit risk ratings in accordance with Loan Policy guidelines.
• Participate as a non-voting member of the Loan Committee meetings, exercising sound judgement and maintaining constructive communication.
• Determine whether requests for information should be furnished or refused based on confidentiality, requiring strong judgment and quick decision-making.
• Recognize irregular or suspicious transactions and take appropriate steps to prevent loss. Help ensure compliance with BSA/AML/OFAC regulations.
• Assist with annual loan reviews and portfolio monitoring as requested, including providing support to the Auditor during internal and external audits.
• Assist with other credit department tasks such as review of construction loan draw requests, appraisal reports, and environmental reports as needed.

Qualifications

• Bachelor's degree (B. S.) from a four-year college or university with a focus on finance, accounting, or economics and a minimum of 2-4 years of related experience preferably in a commercial banking environment.
• Additional coursework, certifications, or experience in financial analysis, business intelligence, data analytics, credit risk management, or banking technology is preferred.
• Advanced analytical and risk assessment skills, including a clear understanding of fractions and percentages.
• Ability to self-review and identify errors in written presentations, analysis, and reporting.
• Strong knowledge of financial accounting principles, economics, and credit analyst techniques with excellent problem-solving skills.
• Excellent report writing, grammar, and verbal communication skills.
• Ability to produce clear, professional credit presentations.
• Organizational and time management skills, including the ability to manage multiple priorities and deadlines.
• Broad understanding of loan policy, loan operations and overall bank procedures.
• Advanced proficiency in Microsoft Excel and Microsoft 365 applications, including the ability to utilize formulas, pivot tables, financial models, data analysis tools, reporting features, and emerging AI-enabled productivity solutions.
• Understanding of the bank’s core processing system to meaningfully assemble data and generate reports.