Credit Analyst

Job Description

Mountain Pacific Bank is looking for a full-time Credit Analyst to join our team.

Recognized by the Independent Community Bankers Association (ICBA) as one of the Best Community Banks to Work For, Mountain Pacific Bank is committed to fostering a positive work environment, providing opportunities for professional development, and promoting a culture of inclusion, empowerment, and community engagement.

Started by 17 local business and outstanding community leaders, Mountain Pacific Bank is a Community Bank dedicated to serving Whatcom, Skagit, Snohomish, and King Counties. An equally important part of our plan is to reinvest in the community with resources, time and talents.

Your Role

Completes the business and consumer loan underwriting process within the bank's scope of operations, market, and policy, conducts an accurate analysis on relevant financial and non-financial data to develop a credit recommendation to credit administration, and contributes to the bank's profitability level through early detection of risk rating migration and through volume generation and efficiency management on all credit requests.

Essential Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Analyzes applications and supporting credit information to determine whether loans are an acceptable risk within accepted lending practices and current Bank Policies.

Spreads, analyzes, and discusses the borrower’s financial statements and tax return along with any other pertinent information within the credit presentation.

Knows and understands the bank’s credit policies and procedures and how to structure credit requests to minimize loss to the bank.

Performs credit investigations on borrowers and guarantors in support of due diligence such as credit reports and deposit verifications.

Knows and understands the bank’s risk rating policy and applies to all new and existing credit facilities.

Recommends migration of risk rating to credit administration.

Interprets appraisal and evaluation reports.

Maintains knowledge of the federal regulations in place and remains in compliance with the law to protect financial institutions and borrowers.

Interprets environmental site reports and maintains knowledge of the federal regulations for proper evaluation and compliance of real estate loans.

Negotiates change to an approved request and presents to approving authority.

Knows and understands how to apply federal regulations to a consumer or commercial credit request or extension such as regulations B and Z, HMDA, and fair lending.

Executes timely completion of the delegated tasks including credit authorizations, extensions, spreading financial statements, covenant compliance, and updating WIP along with any other periodic duty that may be assigned.

Reports updates to the work-in-process report in a timely manner.

Maintains professional and respectful relationships in any dealings with customers and helps to resolve any complaints and issues.

Maintains a good working relationship with fellow members of the Credit Analyst Team and cultivates and develops internal relationships with sales counterparts to help grow volume.

Other Job Responsibilities

Modifies internal form to update or streamline processes.

Tracks forms as needed for reporting.

Responsible for periodic site visits to inspect property.

What You'll Bring

Exercises good judgment on all credit recommendations.

Time management and organizational skills

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Required Education and Experience

1 to 3 years of bank credit analyst experience.

Proficient in Microsoft Word, Microsoft Excel, and Microsoft Outlook.

BA degree in Finance, Accounting, or related field preferred.

Physical Demands

While performing the duties of this job, the employee is constantly required to remain in a stationary position and operate a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer. The employee needs to frequently communicate with internal and external contacts and move about inside the office to access file cabinets, office machinery, etc. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

Normal business office environment.

Ability to work in artificial light for extended periods of time.

Noise level is usually moderate.

Travel Required

Occasional (5%-10%) local, non-overnight travel.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Mountain Pacific Bank is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally recognized basis [“protected class”] including, but not limited to: veteran status, uniform service member status, race, color, age, religion, sex, national origin, physical or mental disability or any other protected class under federal, state or local law.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Job Type: Full-time in person

Pay: $70,000 to $120,000

Benefits:

Bonus Opportunity (based on company and individual performance)

401(k) with matching contribution

Comprehensive medical, dental, and vision insurance with 100% of employee base premiums covered.

Healthcare and Dependent Care Flexible Spending Account

Minimum of 10 paid vacation days per year*, with minimum of 15 paid vacation days after 1 year of employment.

2 additional PTO days annually**

11 paid holidays

8 hours of paid sick time per month*

Paid Life, AD&D, and Long-Term Disability insurance

Employee assistance program

Referral program

Tuition reimbursement

Mountain Pacific Bank account and loan perks

*pro-rated from start date and/or hours worked

**granted every January 1st

Full-time