Credit Analyst III

This position may be located in Fort Collins, CO; Denver, CO; Greeley, CO; or Boulder, CO.

About the Company

We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

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 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.
• Analyzes findings and 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 with applicable regulations and keeps up to date with changes in federal regulations and FIB credit policy requirements.
• Assists 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.
• Portfolio management as assigned.
• 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.
• Participates in the production and development of training materials and assists with the delivery of training through various channels.
• Partakes in a mentorship program with lower-level analysts to assist in guidance and the overall development of credit acumen.
• Acts as a resource for Relationship Managers and other analysts for questions relating to Loan Policy, loan structuring, and underwriting recommendations.

Requirements

• Bachelor's Degree in Business, Finance, or related field required.
• 7-9 years of banking experience and/or equivalent combination of education and experience required.
• 4-6 years experience in a similar position required.
• Experience with financial spread software required.
• Commercial banking experience preferred.

Skills

• Strong organization and time management skills.
• Excellent written and verbal communication 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 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.
• Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
• Able to acclimate quickly to other programs.

Physical Demands and Work Environment

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

Pay

The anticipated pay range for this position is $32.63 to $50.61 per hour in CO and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash and stock bonuses.

Benefits

• Medical, dental, vision, short-term and long-term disability benefits, and life insurance.
• Flexible spending accounts and health savings account.
• Employee assistance program.
• 401(k) with a 6% match.
• Generous Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time).
• Up to 11 paid Federal holidays.
• Student debt employer repayment program.