Commercial Banking Credit Analyst - Denver, CO

Vectra Bank•Denver, CO

2d•Onsite

About The Position

Vectra Bank Colorado is excited to offer an opportunity as a Commercial Banking Credit Analyst. This role involves conducting credit investigations, loan analysis, and underwriting for Community Banking commercial loans. The analyst will investigate credit and financial information sources, understand loan requests and business relationships, and ensure the accuracy of financial information. Responsibilities include analyzing financial statements, determining cash flow, preparing creditworthiness summaries, and providing credit information to relevant parties. The role also requires maintaining control over current accounts, staying updated on credit regulations, and potentially assisting with projects.

Requirements

Bachelor's in finance, business, accounting or a related field
1+ years credit/financial analysis, lending, underwriting or other directly related experience
Basic working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles
Some experience working with various types of loans
Basic working knowledge of credit risk, legal and regulatory requirements
Ability to work with lending officers and staff
Good client relationship and communication skills, both verbal and written
Ability to make sound decisions and recommendations regarding loans
Working knowledge of computer software programs including spreadsheets, word processing, etc. required

Nice To Haves

Energized by the opportunity to be part of a high-performing, motivated team led by respected and accomplished leaders.
Proactive, confident, and brings a positive, can-do attitude to everything they do.
Thrives in a professional environment, builds strong relationships, and inspires others to contribute to the department's success.
A passion for driving results, supporting strategic initiatives, and contributing to loan growth is essential.

Responsibilities

Conducts credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to Community Banking commercial loans
Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches
Understands the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals
Analyzes financial statements and related material and makes recommendations for approvals of credits
Analyzes financial conditions and trends; reviews and reports non-compliance with loan covenants
Determines cash flow using appropriate tax analysis
Prepares summaries, presents facts, and offers opinions concerning creditworthiness and any risk items or issues
Provides credit information and references for customers, loan officers, or other agencies as requested
Ensures that all credit files include current financial statements, agency reports, etc.
May make recommendations for loan structure
Maintains control over current accounts, noting payment progress, watching for any developing problems, and keep loan officers informed
Keeps abreast of all new credit regulations and laws and ensures compliance with such
May assist with projects as needed
Other duties as assigned