Credit Analyst II

About the role

Provides credit analysis support by analyzing commercial loan requests, evaluating the financial condition of businesses and individuals, identifying strengths and weaknesses, providing recommendations and noting any deviations from policy as appropriate.

Responsibilities

• Evaluates the level of risk posed to the Bank from borrowers, transactions, collateral, and industries.
• Analyzes and evaluates complex financial information, loan data, market data, and other information for companies and industries.
• Produces analysis for new, renewal and existing loans, using data provided from financial statements, tax returns, industry sources, credit bureaus, and other sources.
• Prepares memorandums, spreadsheets, reports, summaries and opinions for credit committee and officers for use in lending decisions.
• Creates, reviews, and updates new and existing reports for Southside Bank’s loan portfolio analysis and tracking, as needed.
• Provides technical advice and assistance to loan officers, as needed.
• Attends meetings, as appropriate, and is available to answer questions regarding credit analysis.
• Participates in customer meetings, as needed.
• Maintains knowledge of current and emerging legal, compliance, and market matters involving commercial lending.
• Participates in special projects and assignments and performs other duties as assigned.
• Maintains confidentiality of all sensitive Bank information.
• Provides enthusiastic, professional, and courteous service to Southside Bank customers and employees.
• Participates in proactive team efforts to achieve departmental and company goals.
• Understands and agrees to abide by the policies and procedures established at Southside Bank.
• Responsible for complying with audit policies and procedures as they pertain to this position.
• Performs duties in compliance with applicable laws and regulations, including but not limited to the Bank Secrecy Act (BSA) and related anti-money laundering laws, and in accordance with the Bank’s Information Security Program.
• Must comply with all applicable laws and regulations.

  Requirements

  • Bachelor’s degree in business administration from an accredited college or university in finance, accounting or related area.
  • Preferred: MBA or other related advanced degree.
  • Minimum of 9 hours of accounting courses.
  • Preferred: 12 hours of accounting courses, including Intermediate Accounting I or equivalent.
  • Minimum of 2-5 years of experience in commercial credit analysis in a banking environment.
  • This experience should include spreading, financial statement analysis, and drafting comprehensive C&I and/or CRE credit memorandums for large and/or complicated transactions and borrowers.
  • Technical Skills:
    • General proficiency in computer applications.
    • Advanced proficiency in Microsoft Excel and an ability to understand and produce complex and professional spreadsheets.
    • Able to produce thorough and professional written reviews and reports.
    • Excellent technical writing skills.
    • Able to clearly, concisely, and accurately relate complicated information in an understandable format.
    • Able to read, analyze, and interpret the most complex legal and financial documents.
    • Able to thoroughly research and evaluate information to make decisions and solve problems.
    • Able to apply principles of logical or technical thinking to a wide range of intellectual and practical problems.
    • Able to deal with a variety of abstract concepts.
    • Able to effectively and persuasively write technical memorandums, participate in impromptu discussions, and give speeches covering complex topics to top management, public groups, and/or boards of directors.
    • Able to work in a high-volume environment and meet deadlines.
    • Strong time management skills and an ability to prioritize daily workflow.
    • Able to respond effectively to the most sensitive inquiries or complaints.
  • Personal Traits:
    • Must be detail-oriented, analytical, and have a passion for problem-solving.
    • Must have a high level of self-motivation and an ability to work independently with minimal day-to-day supervision.
    • Must exhibit good judgment.
    • Must have a high degree of self-confidence, with the ability to provide justification for decisions and the ability to be flexible in adapting to the needs of various parties.
    • Must be dependable, punctual, and reliable in the production of work.

  Qualifications

  • Manual dexterity sufficient to reach/handle items and work with fingers.
  • Works with fingers and perceives attributes of objects and materials.
  • Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
  • Frequently communicates with other people throughout each day.
  • Must be able to exchange accurate information when conversing.

  Benefits

  Includes benefits package as per Southside Bank's policy.

  Pay

  Salary range based on experience and qualifications.

  Schedule

  Full-time position.