Credit Analyst I

About the role

Performs due diligence in the monitoring and maintenance of Commercial and Business Banking customers. Prepares financial statement spreads, tax returns analysis, and covenant compliance checks for customers. Underwrites and evaluates the credit risk associated with small business loan requests through the credit-scored process.

Responsibilities

• Prepares financial statement spreads and tax return analysis (business and individual).
• Creates and updates covenant compliance checks.
• Under guidance and supervision, completes low to moderate complexity credit write-ups for Bank customers in accordance with ASB credit policy & guidelines.
• Sets up and administers the financial reporting and financial covenants using the Bank's tickler tracking system.
• Completes periodic financial reviews of the Bank's customers as well as financial evaluation reviews of various departments.
• Enters and evaluates pertinent data into the loan origination systems in order to render a credit decision.
• Collaborates with relationship officers to adequately mitigate identified risks.
• Coordinates credit-scored booking process with loan operations.
• Processes and evaluates the monthly renewals of credit-scored lines of credit.

Requirements

0 - 1 year of Commercial Credit analysis or related experience

Skills

• Basic understanding of tax returns, financial statements, accounting, and financial analysis.
• Effective written and verbal communication skills to logically present credit risks and conclusions in verbal and written form.
• Excellent computer skills using Microsoft Office software products.
• Familiarity with financial statement spreading software and automated loan origination systems is a plus.