Credit Monitoring Analyst

Position Summary

The Credit Monitoring Analyst position is responsible for the credit monitoring of loans which includes clearing exceptions, borrowing base monitoring, covenant monitoring, managing covenants, and processing documents for imaging into the bank’s core system. This position provides backup to the Credit Administration Officer roles as needed.

Essential Functions

• Maintains compliance with loan covenants by reviewing financial covenants for accuracy, clearing exceptions, and approving files for imaging into the core system.
• Maintains compliance with borrowing base requirements by reviewing account receivable aging's and borrowing base certificates, processing loan availability forms, and tracking compliance in the bank’s monitoring system.
• Manages covenants within the bank’s monitoring system for new, renewed, and closed loans; and clears credit exceptions in the system.
• Creates borrowing base certificate and certificate of compliance templates based on the executed loan agreements.
• Assists the Credit Department with various projects as needed.
• Communicates with the Relationship Managers, Relationship Associates, Loan Operations, and other Credit personnel as needed on credit related items.

Qualifications

• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; benefits the bank through outside activities.
• Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values.
• Performs all other duties as assigned.

Skills

• Intermediate skills in computer terminal and personal computer operation, with advanced use of Excel.
• Minimum 1 to 2 years of experience with FIS system.
• Effective verbal, written, and interpersonal communication skills.
• Effective organizational and time management skills.
• Ability to work independently.

Benefits

While possibly performing the above task/assignments, the Credit Monitoring Analyst will focus on larger Bank relationships and providing guidance/support/mentoring to both Senior and Credit Monitoring Specialists.

Pay

Salary range: $XX - $YY per hour.

Schedule

Full-time, non-exempt position. Typical work hours are Monday through Friday, 8:00am to 5:00pm. Occasional travel to other bank locations for training of credit analysts is expected.