Credit Analyst - CBG

About the role

A corporate banking analyst primarily supports the relationship managers within a corporate banking division by conducting in-depth financial analysis of corporate clients, assessing credit risks, preparing credit packages, monitoring existing loans, and assisting in the acquisition and retention of clients.

Responsibilities

• Loan Processing:
  • Collect necessary documents from clients and maintain well organized credit files.
  • Spread financial statements or tax returns to generate relevant ratios including DCRs under the supervision of a portfolio manager.
  • Aid in loan closing and funding including obtaining signatures on loan documents according to the Bank’s procedures.
  • Prepare credit memos that are simple or with minor complexity; and present credit memos to appropriate lending authority for approval.
• Loan Maintenance/Monitoring:
  • Maintain loan covenants and conditions per loan agreements and report violations to portfolio managers or relationship managers.
  • Prepare simple credit memos to report covenant/condition violations and to approve modifications and to make cash secured loans.
  • Process daily line advances for lines of credit and follow up on expired insurance policies.
  • Prepare various internal reports and payments such as LAR, monthly G/L certification, and invoices.
  • Conduct site visits and on-site interviews under the supervision of a portfolio manager.
• Compliance:
  • Comply with regulatory requirements including Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.
  • Comply with the Bank’s security program, including but not limited to: Review and comply with the End-User Computing Agreement.
  • Acquire good knowledge on functions and usage of computer systems as related to the assigned job functions.
  • Be current and knowledgeable in industry’s trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.
  • Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.
• Other Responsibilities:
  • Provide administrative support to loan officers, portfolio managers, relationship managers.
  • Seek opportunities to grow relationship with customers.
  • Participate in community organizations and/or events to help the Bank meet its CRA Objectives.
  • Assume additional duties as requested.
  • Keep abreast of industry changes, local economic, financial and legislative events which may have an impact on commercial lending activities.
  • Analyze cash flow, liquidity, profitability, leverage and other financial ratios and be able to come to various conclusions, including evaluation of collateral and other relevant credit information.
  • Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of borrower’s surrounding credits.
  • Recommend or deny loan requests in conformance with banking regulations and Bank’s loan policies and procedures.
  • Gather documents to perfect the security interest in collateral, if applicable.
  • Detect early warning signs of problem loans and immediate notification to a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.
  • Monitor loan covenants and conditions per loan agreement and report any violation to manager.
  • Aid in loan closing and funding including obtaining signatures on loan documents according to the Bank’s procedures.
  • Analyze collateral values and insurance coverage.
  • Collect loan accounts and overdraft information.
  • Submit reports of calls made and document customer contact.
  • Meet customers regularly and seek opportunities to grow relationship.
  • Conduct site visits and on-site interviews under the supervision of a portfolio manager.

Qualifications/Requirements

• Education/Credentials: Bachelor’s degree in Accounting, Business Administration, Finance, or related equivalent experience.
• Prior Experience: 1-2 years of Experience.
• Skills: Proficient computer skills using Microsoft Word, Excel and Outlook. Self-motivated and self-disciplined, with the ability to work effectively with little supervision. Excellent organizational and time-management skills, and attention to detail. Strong decision-making, interpersonal and communication skills; including the ability to clearly understand complex concepts. Good analytical ability. Good verbal and written communication skills.