Credit Analyst II

SUMMARY

The Credit Analyst II collaborates with relationship managers in gathering and evaluating commercial credit related information on current and prospective customers by preparing written reports of analysis which include in-depth analysis of financial statements, historical and projection-based cash flow and ratio analysis, suggested credit structure, general industry analysis and identified risks.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Reads, reviews, and understands various financial statements to include but not limited to; tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals.
• Prepares financial spreads for various types of commercial and real estate businesses, municipalities, non-profits, and individuals acting as direct obligation borrowers or guarantors.
• Analyzes credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks.
• Authors a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative.
• Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial information.
• Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to complex requests with limited guidance from immediate manager.
• Ensures compliance to applicable regulations and keeps up-to-date with changes in federal regulations and FIB credit policy requirements.
• Aids the Relationship Manager in the preparation of reports for quarterly monitoring of classified and criticized commercial relationships.
• Completes financial performance metric covenant testing utilizing prepared financial spreads.
• Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.

QUALIFICATIONS

• Strong organization and time management skills.
• Excellent written and verbal skills.
• Able to develop and maintain internal and external relationships with individuals such as Relationship Managers, Credit Officers, and Risk Management Personnel.
• Able to work in a fast-paced environment, set priorities, and establish and meet strict deadlines with the flexibility to adapt quickly to changing priorities.
• Self-motivated and possess the ability to assist with credit risk decisions.
• Strong analytical and problem-solving skills, as well as an attention to detail.
• Able to prioritize and work with others in an integrated way to achieve individual objectives and team results with flexibility to adapt to changing volumes, requirements, and areas of focus.
• Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
• Able to acclimate quickly to other programs.
• Experience with financial spread software.

EDUCATION AND/OR EXPERIENCE

• Bachelor's Degree in Business, Finance, or related field required or 7-9 years of banking experience and/or equivalent combination of education and experience required.
• 1-3 years experience in a similar position required.
• Commercial banking experience preferred.

PHYSICAL DEMANDS AND WORKING ENVIRONMENT

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently.
• Lifting - Occasionally (up to 10 lbs).
• Sitting - Frequently.
• Overtime - Subject to business need.
• Noise Level - Moderate.
• Typical Work Hours - M-F (8-5).
• Regular and Predictable Attendance - Required.