Credit Analyst III - C&I

Position Overview

This position is responsible for detailed research and credit analysis of complex credit requests in Commercial Credit Underwriting – C&I Regional Department. The incumbent is expected to have comprehensive knowledge of credit & risk analysis, credit rules, structuring of credits, regulations and documentation with the ability to exercise independent judgment within established Underwriting Guidelines and Credit Policy.

Key Responsibilities

• Prepare loan approvals, annual reviews and conduct and credit analysis for new requests, in addition to modifications and short term extension of existing loans
• Prepare and spread business financial statements and cash flows, in addition to personal financial statements and cash flow for personal guarantors. Verify covenant compliance.
• Conduct analysis on accounts receivable and accounts payable aging reports, work in progress reports, and borrowing base certificates.
• Accompany Commercial Loan Officers on customer and prospect calls. Participate in discussions with management regarding creditworthiness of proposed loan requests.
• Conduct third party research, inclusive of industry reports, personal credit reports, real estate analysis with market assessments, etc.
• Prepares reports and handles special assignments as warranted.
• Subject to business needs may have supervisory and mentorship responsibilities for junior Credit Analysts.

Minimum Qualifications

• Bachelor’s degree in Finance, Accounting or Economics
• Minimum 5 years in Commercial credit underwriting
• Thorough knowledge of underwriting, credit analysis and commercial loan structure
• Strong analytical skills with ability to identify strengths and mitigate risks
• Knowledge of commercial real estate lending (investment and owner-occupied)
• Proficient in Commercial & Industrial lending including debt service coverage, cash flow, A/R and A/P, WIP, and Borrowing Base Certificates
• Strong computer skills, inclusive of experience with loan origination software and MS Office applications (specifically MS Word and Excel)
• Strong verbal and written communication
• Ability to prioritize multiple projects and complete them on time
• Ability to conduct meetings, meet with customers, effectively present information and respond to questions from peers, auditors and various levels of management
• Sound comprehension of accounting practices, inclusive of balance sheets, income statements, equity reconciliation, and cash flows
• Credit underwriting confidence for the ability to mentor and train Credit Analyst I & II

Preferred Qualifications

• MBA

Work 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.

Pay Details

• $87,200 - $124,500 annually

Company Sponsored Benefits

• Paid Time Off (PTO)
• Holiday (PTO)
• Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan
• Disability Insurance
• Employee Assistance Program
• Basic Life Insurance
• Voluntary benefits including Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans