Senior Credit Analyst

About the role

Evaluates the financial condition of individuals and businesses applying for consumer, commercial, and real estate credit with the bank. Handles loans of varied complexity, with a focus on the highest-complexity credits.

Responsibilities

• Supports lenders through financial and credit analysis, collateral analysis, ratio calculation, and other underwriting support for new loans, renewals, and loan reviews.
• Reviews credits above $500K for commercial real estate loans and above $250K for commercial/consumer loans.
• Researches and analyzes pertinent financial information for existing and potential commercial and consumer clients.
• Collects client-prepared information and completes internal financial statement spreadsheets and projections of client’s financial condition.
• Provides research into industry trends and evaluates market data impacting prospective or existing clients’ business.
• Evaluates and reports on collateral adequacy.
• Analyzes personal and corporate documents, including balance sheets, income statements, tax returns, and K1 schedules, to assess stability, management aptitude, and creditworthiness.
• Validates assumptions, projections, and overall company viability to determine ability to repay credit requests.
• Uses internal and web-based analysis tools to document findings.
• Reviews appraisal reports.
• Prepares and presents written credit memoranda for credit approval, ensuring adherence to credit policy guidelines and noting deviations with supporting mitigants.
• Provides guidance to line partners regarding specific requirements of Credit Policy.
• Evaluates and recommends loan terms, covenants, and conditions to ensure compliance with Credit Policy.
• Monitors and reports on covenant compliance for assigned loans and interacts with partners to address non-compliance.
• Evaluates bank vendors’ stability and analyzes pertinent financial information.
• Researches and analyzes financial information for existing ACH clients.
• Assists the Chief Credit Officer in completing portfolio stress tests.
• Provides coaching and mentorship to Credit Specialists and Credit Analysts.

Requirements

• Bachelor’s degree in Accounting or Finance.
• Five years of commercial and commercial real estate underwriting experience, or equivalent combination of education and experience.
• Working knowledge of applicable industry laws and regulations related to credit risk.
• Solid understanding of commercial credit analysis, including financial conditions, operating results, and cash flow analysis.
• Formal credit training required.
• Strong verbal and written communication skills.
• Proficiency in MS Word and Excel.

All candidates for hire will undergo a credit and criminal background check.