Credit Analyst

Credit Analyst (potential growth to Loan Officer)

PRIMARY JOB PURPOSE: The position is tasked with assisting the lending staff to help the Bank build and maintain a high-quality loan portfolio. 

Essential Functions and Responsibilities:

• Review open accounts for collection efforts and make decisions on pending orders, closing accounts and extending additional credit
• Make outbound collection calls
• Type and mail credit memos, vouchers, invoices, statements and collection letters
• Review credit application
• Conduct financial analysis, including 3^rd party report review
• Make recommendations to Credit Manager/Loan Officers
• Maintain tax records and files
• Perform financial analyses such as account, profitability and yield analyses
• Make recommendations regarding credit analyses to loan officers and/or loan committee
• Assist in the preparation of financial/credit information and reports for presentation to loan officers or committees
• Analyze the financial statement; evaluate the information and prepare written reports for the lender
• Advise loan officers about expiring lines of credit and assist in the renewal of the line
• Risk rate select loans and maintains record on all risk rated loans
• Assist with continuous review of all loans and commitments to identify potential credit problems
• Work with loan officers in setting upcoming loan reviews and department manager in scheduling department-wide objectives
• Review all credit presentations to loan committee to insure accuracy, completeness, and independence
• Assist in final risk rating, structure, and credit assessment
• Ensure efficient and accurate preparation of loan committee presentations, annual reviews and comments to files
• Work with examiners during loan examinations
• Assist external auditors and/or regulators with loan related audits
• Work with Commercial and Consumer Bankers to resolve policy or compliance discrepancies that prevent loan documentation or booking
• Ensure department processes are customer focused while managing bank risk
• Regular and reliable attendance
• Physical or remote attendance with the bank required during scheduled work hours.
• Perform other related duties as assigned

Skills and Attributes:

• Strong and effective written and verbal communication
• Ability to present, sell and service bank products
• Ability to interact effectively with all internal and external levels of an organization
• Ability to multi-task, organize projects and prioritize
• Problem analysis and resolution
• Proficiency with Microsoft Word, Excel, Outlook, Windows, Internet and pertinent software for the department
• Technical abilities in account reconciliation, credit extensions and payment plans
• Strong mathematical aptitude
• Ability to maintain discretion and confidentiality
• Strong analytical abilities
• Ability to read, analyze, and interpret policies, contracts, credit and financial reports and legal documents
• Ability to interpret regulations and reports
• Ability to exercise good judgment in establishing and maintaining working relationships
• Ability to solve problems through to resolution
• Ability to deliver a high level of responsiveness to internal and external customers
• High level of accuracy, focus and timeliness

Work Direction:  This position reports to the Chief Lending Officer.

Affirmative Action: Equal Opportunity Employer Veterans/Disabled

Education & Experience

• Relevant prior credit analysis experience
• Basic accounting/math skills required
• Bachelor’s Degree with focus on Business, Finance/Accounting, Math, or other applicable area of study
• Knowledge of banking industry practices relative to bank loan operations with respect to loan products & services
• Knowledge of bank loan origination system and core system
• Ability to handle confidential information
• Ability to teach and be taught on the job, in group or 1 on 1 settings; as well as learning through classes and online webinars
• Ability to work well with people, both internally and with external customers
• Ability to handle a high volume of tasks, prioritize, and function effectively to meet deadlines in a fast-paced environment
• Strong communication and organizational skills
• Strong focus on teamwork