Credit Analyst (Remote In Va Or Nc Only)

The Commercial Credit Analyst is responsible for the completion of analytical tasks associated with underwriting and monitoring of the Commercial Loan Portfolio. The responsibilities may include, but are not limited to, the preparation of corporate and personal financial statement spreads, global cash flow analyses, monthly borrowing base testing, and the tracking and monitoring of the Commercial Loan Portfolio. The monitoring may include, but is not limited to, credit policy exceptions and covenant compliance. The Analyst works closely with the Senior Commercial Risk Analyst, Commercial Underwriters, and other employees within both Credit Administration and Commercial Lending. Work is varied in nature with changing priorities. Incumbent applies knowledge of commercial lending principles and technologies to work performed. Works under limited supervision and in compliance with established policies, procedures and regulations. The Analyst supports loan and revenue growth through identification and management of risk, and recommending solutions to minimize risk.

Position Accountabilities

• Develops and maintains tracking systems for various items, including policy exceptions, covenants, borrowing bases, analytical work, and other items as identified. The tracking is typically completed in Excel.
• Provides financial statement spreading support for the Commercial Line of Business. Spreading is completed at the request of the Relationship Manager or Commercial Underwriters on existing borrowers and prospective new clients. Financial Spreads may be completed within vendor provided solutions such as Moody’s Risk Analyst, or within Atlantic Union designed templates in Excel. The incumbent may be responsible for identification and implementation of modifications to spreading tools.
• Completes testing of financial covenants as defined in the Loan Agreement at the request of the Relationship Manager, or as identified in the Portfolio Monitoring Database. May also assist Commercial Underwriters on covenant testing.
• Completes Borrowing Base collateral valuations and monitoring under the direction of the Senior Commercial Risk Analyst.
• Completes quarterly residential and commercial real estate industry reports for distribution to Senior Management and other designated Atlantic Union teammates.
• Responds to requests for credit work within 24 hours. Discusses completion dates with sales and credit partners, and works to meet agreed upon deadlines. Discusses delays with partners prior to missed deadline
• Performs stress testing on the Commercial Real Estate Portfolio under the direction of the Senior Commercial Risk Analyst and inputs results in the Operating Statement Input Spreadsheet.
• Completes industry research and market data as requested by Relationship Managers and Commercial Underwriters. This research may be conducted through vendor resources including CoStar, REIS, CreditSafe, VerticalIQ, and RIMS, or through public sources on the internet including trade organizations, Moody’s, S&P, Realty firms, etc.
• Completes the annual term loan servicing of smaller credits as requested by the Relationship Manager
• Analyzes segments of the loan portfolio, identifies trends, and assesses risks.
• Effectively partners with Credit Team to improve efficiencies of operation, minimize risk, and expand sales opportunities.
• May perform other related duties as assigned.

Organizational Relationship

Manager – Commercial Underwriting

Position Qualifications

Education & Experience

• Bachelor’s degree in Accounting, Business or Finance and/or equivalent experience desired
• Three or more years banking experience with emphasis on commercial documentation, policy, and financial analyses.

Knowledge & Skills

• Advanced written and analytical skills to assess trends and document conclusions.
• Knowledge of commercial lending, including legal documentation
• Familiarity with general commercial lending policies, including FIRREA and FDICIA.
• PC proficiency with Word and Excel, including the use of system and user generated formulas, macros, charts, and tables.
• Knowledge of Generally Accepted Accounting Principles.
• Ability to listen and respect the opinion of others.
• Ability to research industry sources needed for credit evaluations.
• Strong organization skills with the ability to self-manage time and work flow to meet deadlines.
• Ability to manage multiple projects at one time.

We are proud to be an EEO/AA employer, Minority/Female/Disability/Veteran. We maintain a drug-free workplace.