Credit Analyst

Reports to: Credit Risk Officer

Status: Full-Time, Exempt (Administrative)

Department: Credit Risk

JOB SUMMARY: The responsibilities of the Credit Analyst include analyzing credit data and financial information of persons or companies that are applying for credit or loans to assist in determining the risk that the bank will not recoup funds loaned. The level of risk is then used by the lending staff to determine if a loan or line of credit will be granted. Credit analysts will prepare reports based upon their findings to assist loan officers in making decisions on lending and credit-worthiness. Must be able to communicate thoughts clearly, both orally and written, and possess a teamwork attitude.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assist loan officers in assessing creditworthiness of existing or prospective customers based on borrower’s information
• Advise lending officer of documentation needed to properly underwrite the credit
• Provide technical advice and assistance to lenders as needed
• Examine financial transactions and credit history case by case (applications, statements, balance sheets, etc.)
• Complete ratio, trend and cash flow analyses and deliver written recommendations and/or suggestions to enhance the credit
• Determine in depth the degree of credit risk involved in decisions and communicate same in writing to lending officer
• Routinely monitor loans for compliance with loan policy
• Analyze cash flows, leverage, collateral and customer strength
• Maintain list of the bank’s largest borrowers that require annual financial reviews
• Stay informed of the ever-changing regulatory environment through continued training
• Comply with and assist others in complying with all relevant laws, regulations and policies
• Compliance with Bank Secrecy Act regulations as it pertains to the functions of this position

ADDITIONAL DUTIES AND RESPONSIBILITIES

• Responsible for maintaining individual P.E.P. monthly
• Assist the bank in efforts to obtain and retain customers
• Conduct duties and responsibilities in a manner that supports the bank’s profitability goals, including helping the bank not to lose money and helping the bank save money by improving job processes and achieving operational excellence
• Other duties as assigned by Management

KNOWLEDGE, SKILLS AND ABILITIES

• Knowledge of banking laws and regulations as they pertain to this position
• Knowledge of core processing system
• Working knowledge of Microsoft Office products and effective computer skills
• Ability to deal continuously with confidential information and to work under deadlines
• Strong organizational skills and accuracy
• Self-starter and have the ability to research and stay current on banking laws
• Strong communication and presentation skills
• Sound judgement
• Strong analytical, mathematical, problem solving, and team working skills.
• Good attention to detail and ability to deal tactfully with customers, both external and internal

WORK ENVIRONMENT AND PHYSICAL DEMANDS

In order to successfully perform the essential functions of this position:

• The employee is regularly required to talk or hear. The employee frequently is required to walk; stand; sit; and use hands to finger, handle, or feel and reach with hands and arms to lift and/or move up to 20 pounds. The employee is occasionally required to stoop, kneel, crouch or crawl. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
• Some travel is expected in this position

EDUCATION AND EXPERIENCE

• High school diploma or general education degree (GED) required
• A college degree or Credit Analyst experience preferred