Job Description

Position Summary:

The Credit Analyst serves as a support role for bank's lending decisions by gathering and analyzing financial data to assess the creditworthiness and associated risks of potential and existing borrowers. They work under the close supervision and mentorship of senior analysts/portfolio managers and loan officers, ensuring all documentation complies with bank policies and regulations. The position is the first steppingstone in the environment of commercial lending and credit risk designed to provide the experience and tools necessary to grow within the profession and to enhance analytical, presentation, critical thinking and decisioning skills.

Essential Functions:

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Analyzes financial statements to develop initial assessment by identifying strengths and weaknesses pertaining to borrower's historical performance. Perform initial and ongoing analysis of personal and business financial statements and tax returns to assess financial condition, performance trends, and ability to repay debt. Assist in monitoring existing credit accounts and loan portfolios for early signs of risk or changes in credit quality, tracking loan covenants and exceptions. Generate financial ratios using computer programs to determine the degree of risk involved in extending credit. Conducts basic industry and market research, ensure all documentation is received, complete and accurate, and adhere to internal policies, federal regulations, and lending protocols (such as OFAC and BSA). Assists in maintaining the credit tracking system for all commercial loans. Maintains credit files for all borrowers. Ensures that all credit files are complete, identifies any documentation deficiencies, and reports to loan officer and credit administration as needed for timely resolution. Coordinates with loan officers to anticipate, identify and collect documents needed for efficient and timely approvals on new and existing credits. Assists in the preparation of credit analysis on loan requests and quarterly reviews. Identifies exceptions to Bank policy and recommends options for mitigating those exceptions where appropriate. Assists in recommendations of loan structures based on the borrower's need and the Bank's loan policies and guidelines. Prepares spreadsheets, reports, summaries and opinions for lenders on new, renewal and existing loans. Reports findings that may have an adverse effect on loan collateral or a borrower's ability to repay the loan. Will be responsible for submitting required reports, as necessary. Completes credit specific training courses on an ongoing basis as required by the Supervisor. Maintains a good working knowledge of the Bank's lending policies and procedures and identify exceptions to policy. Contributes to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor.

Critical Success Factors:

Proactive and facilitates teamwork Flexible and able to multi-task (adjusts to change) Analytical skills with high attention to detail and accuracy Technical capacity Strong Written and Verbal Communication Skills Time Management and Organizational Skills

Preferred Education/Experience/Software:

ABachelor's Degree in Finance, Accounting or Business to include thorough knowledge of book and tax accounting is preferred. General understanding of the job and applies knowledge and skills to complete a wide range of tasks; prepare financial spreads and utilize them in financial analysis reporting. Ability to use, understand and apply credit policy and bank regulations to responsibilities. Exercise good judgment and discretion in the handling of confidential information. Possesses strong quantitative and qualitative analysis skills of complex credits and commercial loan packages. Knowledgeable in a wide range of Microsoft Office software applications. Proficient with Fiserv, nCino and other bank programs.

Additional Requirements:

The responsibility to acquire and maintain the required knowledge of State and Federal Banking regulations and policies. Travel to various worksites may be required

Training:

Responsible for the timely completion of all required compliance training such has BSA, Information Security, and other job specific training as assigned.

Work Environment/Physical Demands:

Professional office environment. While performing the duties of this position, the team member is regularly required to operate standard office equipment. The team member is frequently required to communicate and perceive. The position is primarily stationary and not substantially exposed to adverse environmental conditions and requires sedentary work such as exerting up to 10 pounds of force 5% of the time and a negligible amount of force approximately 95% of the time.