Credit Analyst I

About the role

Under direction from peers and manager, this position is responsible for completing the various Credit Underwriting training courses/exercises to gain hands-on experience in credit analysis, risk assessment, customer relationship strategies, detailed industry research, financial spreading, short term extensions, and various special projects. The Credit Analyst I will participate in training sessions (both provided internally and externally) on credit analysis, risk management, industry assessments, and various financial tools.

Responsibilities

• Participate in the various training classes and opportunities to learn about the Bank’s Credit Culture and Risk Management approach.
• Prepare and spread business financial statements and cash flows, in addition to personal financial statements and cash flow for personal guarantors.
• Prepare small loan approvals, annual reviews and conduct credit analysis for new requests, in addition to modifications and short term extension of existing loans.
• Conduct third party research, inclusive of industry reports, personal credit reports, real estate analysis with market assessments, etc.
• Shadow and train with peers and management to enhance overall commercial credit skills.
• Assist the various Commercial Credit Underwriting teams (both CRE and C&I) with annual reviews, financial spreading, and small renewals or modifications that assists with any overflow of the entire department.
• Provide administrative support to the Credit Administration team, including data research and entry, and special projects and initiatives, as warranted.

Minimum Qualifications

• Bachelor’s degree with a preferred concentration in Finance, Accounting or Economics.
• 0 – 3 years in banking, finance, or accounting.
• Basic understanding of the financial world.
• Good grasp of accounting.
• Computer skills.
• Strong verbal and written communicative and analytical skills.

Working Conditions

• Work is mainly performed in a normal office environment. Noise levels usually are moderate.
• Prolonged sitting.
• Lifting from 5 to 10 lbs. (printer paper, storage boxes).
• Occasional bending or overhead lifting (storing files or boxes).
• The hazards are mainly those present in a normal office setting.

Benefits

• Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan.
• In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance.
• Company sponsored Tuition Disbursement and Loan Repayment programs are also available.
• Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.

Pay

$53,800 – $76,800 annually. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.