Credit Review Analyst

In this role, within the Credit Department, the analyst will review commercial loan writeups (including new loans, line of credit renewals and household reviews) to ensure accuracy and help to make recommendations for technical and structural edits to the presentations. The role is designed for new credit professionals to learn the following basics of credit with the intention of moving to a credit analyst role on a commercial loan team in a 6-18 month timeframe.
ESSENTIAL FUNCTIONS
In this role, you will develop a strong understanding of the following components within the credit analysis process:
Financial Statement Spreads

• Spread and balance an income statement and balance sheet
• Reconcile cash
• Develop business cash flows, personal cash flows and global cash flow analysis

Northern Bank Loan Policy:

• Understand Approval Authorities, NBTs Risk Rating methodology
• Understand Commercial C&I, CRE and Construction Lending underwriting standards
• Understand our “out of market” requirements and franchise lending requirements

Credit Memo

• Understand the following:
• The keys to structuring the credit memo
• Importance of application dates and where they are input
• Knowing where fields are in nCino that populate the credit memo templates
• How total exposure is calculated
• How the effective yield is calculated
• When to add a condition
• How covenants work and how to add and test them
• Knowledge of the different loan types and the importance of selecting the right one
• Understand the Boarding Summary fields and why each is important

Other Credit Exposure includes:

• How to read an appraisal and some general FIRREA guidelines
• General FDICIA rules and regs
• How to prepare an industry analysis
• Overview of loan legal documents
• Intro to SBA lending
• Understanding of Credit Reports (also how to acquire one)
• Review of Personal Financial Statements

Learn the how to analyze lending deals relating to:

• Real Estate
• Construction
• C&I
• Franchises

JOB QUALIFICATIONS

• Strong analytical and math skills required.
• Salesforce experience preferred.
• Must be proficient in Microsoft Office suite including Excel and Word and must be familiar with basic computer applications.
• Experience in banking and/or in a similar analytical position preferred.
• Ability to multi-task, prioritize work, and adapt to changes in working environment required.
• Clear written and verbal communication required.
• Bachelor’s degree pre