Credit Analyst

Job Description

As an overview, the Credit Analyst will assist in the underwriting process for commercial loans by evaluating, identifying, and defining key credit risks. They will also analyze financial statements and prepare credit presentations to ensure transparency in the underwriting process. In addition, Analysts will work with lenders to provide loan operations with the necessary information to prepare loan documents. In addition, they will perform the following day-to-day responsibilities:

Review and evaluate commercial loan requests and annual reviews.

Analyzing complex business financial statements, personal financial statements, and tax returns

Spreading financial statements and evaluating an entity's historical performance including strengths and weaknesses.

Researching and analyzing industry trends and economic factors affecting the business.

Perform cash flow, global cash flow, collateral, ratio, and trend analysis on borrower and/or guarantors.

Prepare detailed credit presentations for Officer (OLC)/Director (DLC)/Board (BOD) Loan Committees.

Preparing detailed narratives of company background, management expertise, and financial performance.

Preparing detailed cash flow and collateral analyses.

Assess strengths, weaknesses, major risk factors, overall risk, and the Bank's ability to mitigate key risks identified.

Providing input on the risk rating that should be assigned to credits.

Review compliance with Loan Policy (LTV, lending limits, collateral, etc.).

Document loan policy exceptions (LTV, lending limits, collateral, etc.).

Monitoring loan renewals and collaborating with lenders to obtain all required documents and information to maintain timely loan renewals.

Monitor financial statement exceptions and assist lenders in collecting the necessary information.

Support Loan Operations in ensuring lending policies and procedures are followed on an ongoing basis.

Recommend credit grade changes when applicable.

Full-time