Sr. Commercial Credit Analyst I

Summary Conducts complex credit investigations and analyzes credit information pertaining to commercial loans in order to evaluate the credit worthiness of commercial clients. Prepares credit memorandum and packages for presentation to loan officers or committees. Provides guidance to Credit Analyst and assistance to loan officers as needed. Completes annual credit file reviews on existing loans in pipeline and assigns a risk rating. Participates in special projects and provides assistance to loan officers as requested.

Job Responsibilities:

Credit Analysis and Development

• Develops and analyzes credit information for use by lending officers or committees in the making of lending decisions on new, renewal, or extension loans.
  1. Reviews all pertinent credit and financial information.
  2. Analyzes financial statements and related material.
  3. Prepares credit memorandum and determines credit-worthiness.
  4. Investigates all available sources of credit and financial information and reviews agency reports.
  5. Using a financial statement spreading program, prepares stand alone and global debt service calculations to determine the ability of the borrower and guarantors to pay the loan.
  6. Verifies that all financial covenants and conditions have been met.
  7. Ensures that Loan meets all policy and regulatory guidelines and policies.

Annual File Reviews

• Performs annual file reviews.
• Studies cash flow trends, performs stress testing and industry analysis to assess if there are any areas of concern or if a grade change is necessary.
• Reports all recommendations for risk rating changes and justifications.

Loan Officer Support

• Accompanies loan officers on customer meetings and site visits.
• Prepares talking points related to the operation of the customer’s business.

Team Development

• Assists with the further development and training of other junior level Credit Analysts.

Other Responsibilities

• Performs other duties as may be assigned.

Requirements:

• Bachelor’s degree in Business Administration, Accounting, Finance, or other related field required;
• Minimum of five (5) years experience as a Commercial Credit Analyst;
• Working knowledge and understanding of commercial loan products, policies, procedures and federal regulations;
• Strong aptitude for figures and accuracy;
• Proven problem solving, decision making, underwriting and analytical skills;
• Demonstrated knowledge of applied accounting and finance concepts as well as proficiency in performing detailed financial analyses;
• Ability to work independently, effectively, and efficiently under time constraints;
• Ability to prioritize and manage multiple assignments with good organizational and time management skills;
• Excellent written and verbal communication skills;
• Demonstrated proficiency with computer software including MS Office applications and other specialized credit analysis and lending software.