Credit Analyst Level 1 Or 2

POSTION OVERVIEW

The Credit Analyst analyzes current credit data and financial statements of individuals or companies to determine the degree of risk involved in extending credit or lending money.

DUTIES AND RESPONSIBILITIES

• Responsible for spreading, and analyzing credit information on current and potential borrowers.
• Produce financial spreads, repayment ability schedules, financial ratios, credit analysis reports, pro-formas, and other detailed written analyses in a timely manner and of such quality to assist the lender in identifying the unacceptable risk in a particular credit request or annual review of existing credits.
• Prepare complete credit packages for approval/denial.
• Prepare reports that include the degree of risk involved in extending credit or lending money.
• Meet with the commercial bankers on a regular basis to keep each other up-to-date on the credits you are working on.
• On occasion you will meet with the commercial bankers and their clients to obtain additional information needed to complete you credit analysis.
• Confer with credit association and other businesses representatives to exchange credit information.
• Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
• Interact with others (co-workers, management, clients, and vendors) in a professional and tactful manner including treating them with respect and consideration regardless of their status or position.
• Regular attendance and punctuality are essential to this role. Daily interaction with co-workers and team members is critical.
• Fulfill responsibilities under the Bank Secrecy Act and Anti-Money Laundering regulations. This includes identifying customers properly, initiating CTRs and SARs investigations as needed, utilizing OFAC records and maintaining appropriate records.
• Adheres to Bank’s policies and procedures and all Federal and State laws and regulations.
• Additional duties that will be determined in the future as the Bank grows

COMPETENCIES

• Good knowledge of financial accounting, financial statement analysis, and cash flow analysis.
• Problem solving and analytical skills- Identifies and resolves problems in a timely manner and gathers and analyzes information skillfully.
• Good verbal and written communication skills.
• Time management skills - Uses time effectively and completes tasks in an accurate and efficient manner.
• Judgment- Displays willingness to make decisions; exhibits sound and accurate judgment; and makes timely decisions.
• Excellent customer service and teamwork skills.
• Demonstrated abilities with general computer software programs, including, but not limited to Microsoft Word, Excel and Outlook.
• Ability to effectively use general office equipment, computer, calculator, fax machine, copiers, and phones.
• Ability to read, write, speak, hear, and comprehend the English language.
• Desire and ability to learn and perform new duties and responsibilities.
• Solid analytical and interpersonal skills.
• Be able to work well under pressure and in stressful situations.
• Must be able to multi-task

EDUCATION AND QUALIFICATIONS

• Bachelor’s degree in Finance, Accounting or Business required.
• Minimum three years of prior work related experience preferred.

WORKING ENVIRONMENT AND PHYSICAL ACTIVITES

• General office environment that requires the extensive use of arms, hands, and fingers
• Frequently required to sit for extended periods of time, reach with arms and hands, stand, walk, stoop, talk and hear. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus
• May be required to lift and/or move up to 20 pounds
• All requirements are subject to possible modification to reasonably accommodate individuals with disabilities
• The noise level in the work environment is usually moderate.

EEO/AA: Females/Minorities/Disabled/Vets

Job Type: Full-time

Pay: $50,000.00 - $70,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Paid time off
• Parental leave
• Professional development assistance
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• Bachelor's (Required)

Experience:

• banking: 3 years (Preferred)

Work Location: In person