CREDIT ANALYST

CREDIT ANALYST

SUMMARY

This position is responsible for analyzing the financial data of new and existing commercial loans, monitoring current loan risk, collateral, and preparing credit reviews. Work is performed within the framework of standard operating policies and procedures; however, independent judgment and discretion is required in performing assigned tasks. Deviations from normal procedures and/or questions are referred to the designated supervisor.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Analyze new and existing commercial credit files (e.g., enter data into database and/or spreadsheet computer applications; generate reports; collate data from reports; review balance sheet, income statement, etc. and calculate ratios in preparing credit review; submit review for commercial banker’s review and modification; prepare final comments and make decisions regarding assignment of loan rating; sign and archive credit review with loan file).

Maintain credit files consistent with credit policy and integrity of the bank’s data systems; perform documentation reviews.

Monitor, review, and analyze commercial financial reports for compliance with loan covenants; monitor credit risk for new and existing loans through inspection and observation.

Review commercial appraisal and evaluations in accordance with credit policy.

Prepare commercial real estate evaluations according to the bank’s methodologies and best practices.

Create and run queries; conduct industry research and analysis.

Prepare forms, reports, correspondence, memoranda, etc.; answer calls and provide assistance to customers. Perform project work, as assigned.

Comply with all banking regulations, policies, and procedures.

NON-ESSENTIAL DUTIES & RESPONSIBILITIES include the following. Other duties may be assigned.

Maintain educational and professional expertise through attendance at job related seminars, conferences, and workshops. Represent the bank in a variety of community activities and functions. Participate in prospect and customer marketing calls and banker meetings.

SUPERVISORY RESPONSIBILITIES

None.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Possess a four-year college degree from an accredited university or institution with a major area of study in accounting, finance, business administration or other closely related discipline. Work experience and/or college coursework can be substituted for a four-year college degree.

Possess a minimum of one year of professional work experience as a credit analyst or closely related field.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of the organization. Strong oral and written communication skills.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs. Excellent financial and accounting analytic skills.

REASONING ABILITY

Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

OTHER SKILLS AND ABILITIES

Must have the ability to operate the following equipment:  telephone, 10-key calculator, typewriter, personal computer and printer, copy machine, fax machine. Must be proficient in Word, Excel, and Outlook. Experience with financial modeling. Advanced PC knowledge.

KEY CONTACTS--Internal and External

Has frequent contact with individuals within the lending department, senior management, and customers.

CERTIFICATES, LICENSES, REGISTRATIONS

Valid driver’s license.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear. The employee frequently is required to sit and reach with hands and arms. The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

COMMENTS

Position requires the ability to work before or after normal business hours to meet deadlines and attend various meetings. Job-related travel may be required.