Credit Analyst I

About the role

This position is responsible for analyzing and monitoring the financial condition and creditworthiness of individuals and businesses applying for credit by using historical financial analysis and cash flow projections.

Responsibilities

• Analyzes all relevant loan data on new, renewal, and existing loans, including data provided by credit bureaus, other financial institutions, and First United’s files.
• Prepares thorough and concise memos, spreadsheets, reports, summaries, and opinions for Loan Officers on new, renewal, and existing loans within established deadlines.
• Effectively manages the bank’s exposure to identified risks and recommends appropriate structure for transactions in accordance with First United’s credit policy.
• Oversees and manages financial information files to ensure current reports, statements, accounts receivable, and other information on customer accounts are maintained; notifies Loan Officers of any potential problems in a timely manner.
• Establishes, reviews, and updates new and existing loan files for the Bank on a regular basis.
• Provides technical advice and assistance to Loan Officers.
• Performs credit inquiries.
• Effectively communicates with Loan Officers and Bank Management in a clear, accurate, and concise manner.
• Generates solutions to problems and suggests alternative solutions when necessary.
• Contributes to Bank-wide projects while following specific and detailed instructions in a timely manner.
• Typically focuses on memos for relationships ranging from $500,000 to $2,000,000.
• Creates and maintains solid working relationships with Loan Officers and other team members.
• Adheres to all company policies, core values, and procedures.
• Dresses professionally.
• Performs other duties as assigned.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field.
• Minimum of 1–4 years of banking industry experience.
• Six months of experience with credit systems.
• Knowledge of accounting sufficient to understand and analyze the relationships between different financial statements to produce written analysis.

Skills

• Strong financial analytical abilities, with knowledge of financial ratios.
• Strong Excel skills.
• Good interpersonal, technical, problem-solving, and written communication skills for preparing credit memos and analyzing financial statements.
• Demonstrates initiative, judgment/discernment, and self-motivation to work with minimal supervision.
• Demonstrates resourcefulness and concern for quality by understanding systems and processes and suggesting changes to increase overall efficiency.
• Demonstrates dependability through good attendance and adherence to timelines and schedules.

Location: San Antonio