Commercial Credit Analyst I
About The Position
The Commercial Credit Analyst I evaluates the financial condition of individuals and businesses applying for credit with the bank to determine a Member’s creditworthiness. The role researches and analyzes financial information for existing and prospective commercial and consumer clients and supports Commercial Lenders, Private Bankers, Branch Managers, and Senior Bank Management with financial and credit analysis, ratio calculations, and underwriting support. The analyst prepares credit analysis products, including personal and combined personal cash flows, business and combined business spreads, a Builder Cash Flow Model, and a Financial Analysis Summary. The role also reviews business trends and industry and market data affecting clients’ ability to service debt, obtains credit bureau reports, prepares business and global cash flows, assists with developing forms and processes, and complies with applicable laws and regulations, including AML and BSA requirements.
Requirements
- High school graduate.
- Must be efficient and thorough, possess strong organizational skills, work well independently, and be willing to learn and help others.
- Excellent written and oral communication skills.
- Experience with computers and related software, including Excel, Word, and Access.
- Ability to read, analyze, and interpret financial and credit documents and statements.
- Ability to analyze personal financial conditions and personal tax returns, partnership returns, and cash-basis sole proprietors.
- Ability to write routine reports and correspondence and speak effectively before groups of customers or organization employees.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to interpret a variety of technical instructions in mathematical or diagram form and deal with abstract and concrete variables.
- Strong ability to interact with all levels of the organization; organized, detail-oriented, and able to clearly articulate matters by phone or in person.
- Ability to work independently, plan and set priorities, meet deadlines, work under stress, and maintain confidentiality.
Nice To Haves
- College degree in business or compensating work experience in a credit department and/or financial institution; relevant experience will be taken into consideration.
- Bachelor’s degree in Accounting or Finance.
- Working knowledge of applicable industry, law, and regulations required to review credit risk.
- Desired completion of a Loan Administration-provided and/or outside Commercial Credit Training Program within six months of start date.
Responsibilities
- Research and analyze pertinent financial information for existing and potential commercial and consumer clients.
- Support Commercial Lenders, Private Bankers, Branch Managers, and Senior Bank Management through financial and credit analysis, ratio calculation, and other requested underwriting support.
- Prepare personal cash flows, combined multiple personal cash flows, business spreads, combined multiple business spreads, a Builder Cash Flow Model, and a Financial Analysis Summary.
- Prepare business spreads based on tax returns and/or business financial statements and document business trends that may affect a Member’s ability to service proposed or current debt obligations.
- Obtain credit bureau reports, including Experian, D&B, and retail credit reports, to review personal payment history; prepare business and global cash flows.
- Research industry trends and evaluate market data affecting prospective or existing clients’ businesses.
- Assist in developing forms and processes as necessary.
- Perform other related duties as necessary.
- Adhere to applicable federal laws, rules, and regulations, including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
