Credit Analyst II

About the role

The Credit Analyst II is responsible for performing in-depth credit and financial statement analysis to assess and evaluate the financial condition of businesses which have obtained or seek to obtain credit from the bank, with minimal assistance from Credit Leadership.

Responsibilities

• With minimal assistance from Credit Manager, spread and analyze financial statements and supplementary information.
• Performs detailed evaluation of customer’s credit capacities as well as provide detailed reports outlining the financial condition of prospective and present borrowers.
• Reviews trends in the customer’s business, comparing past years, and assess covenant compliance.
• Reviews industry trends, assess collateral, initiate credit inquiries, and assess guarantor position.
• Affirms creditworthiness within the proposed structure and ensure adherence to loan policy and risk management goals of the bank, with identification of any deviation from policy.
• Proposes recommendations (structure or otherwise) to mitigate identified risks. Discuss findings with Credit Manager and lending staff to communicate recommendations as to loan structure as to enhance credit quality both on an individual and portfolio basis.
• Reviews legal documentation key loan and approval terms, identify and test covenants. Maintains related trackers as required.
• Performs periodic loan reviews for existing, commercial real estate, commercial, and construction loans.
• Provides technical expertise and guidance to other credit underwriting staff including integration and assistance with implementing new credit related technology and reporting.
• Participates in customer meetings as requested by lending staff.
• Orders, tracks, and reviews real estate appraisals and environmental reports under the direct supervision of a Credit Manager.
• Prepares various periodic reports with respect to the loan portfolio.
• Ensures credit source documents, information, and analyses are properly saved / filed. Assist with integration and testing of new credit and electronic filing systems and technologies as needed.
• Establishes and maintains positive relationships and communication within the Credit Department, other departments, and clients to enhance customer service.
• Assembles and distributes Loan Approval Committee packages as requested. Writes Loan Approval Committee minutes as requested.
• Other duties as determined.

Qualifications

• Bachelor's degree (B. A.) from four-year college or university in economics, accounting, business or finance (or its equivalent through specialized education in credit analysis).
• Strong PC skills are required with experience with Moody’s or other financial statements spreading and systems such as nCino software preferred.
• A minimum of 2-3 years of experience in a banking environment. Familiarity with review and identification of key terms and conditions included in legal loan documentation.
• Experience with electronic delivery channels including Internet Banking, Mobile Banking/Mobile Deposit, eStatements, Bill Pay, etc. is preferred.
• Basic knowledge of the banking and financial services industry including federal laws and regulations.
• Willingness to gain new knowledge and technical skills.
• Intermediate typing skills to meet the production needs of the position.
• Intermediate math skills: the ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply, and divide into all units of measure, using whole numbers, common fractions, and decimals; locate routine mathematical errors; compute rate, ratio, and percent, including the drafting and interpretation of bar graphs.
• Exceptional verbal, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, read, analyze, and interpret documents and professional journals, understand procedures, write reports, correspondence, and procedures, speak clearly to customers and employees.

Supervisory Responsibilities

May guide and provide training to other analysts as needed or requested.

Physical Demands

While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand, walk; use sufficient hand, arm and finger dexterity or feel objects, tools, or controls. The employee must occasionally lift and/or move up to 10 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.