Commercial Credit Analyst 1

First Horizon • Memphis, TN

1d • Onsite

About The Position

A Credit Analyst provides daily credit analysis support for commercial lending portfolios. Tasks are completed in a production-based environment and include financial statement and tax return spreading into Bank software or templates, creating and updating loan requests in the Bank’s commercial workflow system, financial analysis, underwriting support, covenant monitoring, and industry research for commercial lending prospects/clients.

Requirements

• Bachelor’s degree (B. A.) in Accounting, Finance or Business preferred.
• A minimum of one to two years of related experience in the Financial Services or Banking Industry is preferred.
• Strong understanding and mastery of financial instruments and the processes used to analyze financial data.
• Strong computer skills required with the following programs: Word, Outlook, and Excel.
• Ability to read and listen, understand and communicate information and ideas in a clear and understandable manner, both orally and in writing with business unit management and staff.
• Ability to read, analyze and interpret financial reports; performs simple to moderately complex calculations; effectively researches, analyzes, evaluates, and articulates conclusions to make decisions, solve problems and achieve goals.

Responsibilities

• Provide support with commercial loan origination and ongoing loan portfolio management, working proactively to ensure both production and portfolio management tasks are prioritized appropriately and completed in a timely manner.
• Specific tasks include financial statement and tax return spreading into Bank software or templates, creating and updating loan requests in the Bank’s commercial workflow system, completing financial analysis, create and present credit memo documents such as new loan requests, modifications, renewals, and annual reviews, tracking and completing covenant monitoring, and completing industry research for commercial lending prospects/clients.
• Provide feedback on strengths and weaknesses in prospect and borrower credit profiles, incorporating into underwriting documents such as credit memos and annual reviews.
• Monitors, analyzes, and reports key performance indicators of loan portfolio quality.
• Works closely with the Portfolio Manager(s) and Relationship Manager(s) on their assigned team(s), proactively asking questions, requesting feedback, and ensuring work is completed with respect to the team’s priorities.
• Participates in special projects and assignments and performs other duties as assigned.

Benefits

• Medical with wellness incentives
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees