Commercial Credit Analyst II or Commercial Underwriter I

Tri Counties Bank•Pasadena, CA

2d•Onsite

About The Position

The Commercial Credit Analyst II participates on a team which provides credit analysis on assigned commercial credits including statement spreading and analysis, tax return analysis, covenant management, annual credit reviews, problem loan reports, preparation of required underwriting forms, and packaging of the loan for submission to the loan documentation department. The Credit Analyst performs various tasks associated with support, reporting and control of the various commercial credit underwriting functions. Responsible for analyzing complex companies and industries and conducting presentations on findings to the Commercial Underwriters. The Credit Analyst analyzes commercial loan applications and renewals and prepares historical income and balance sheet statements, along with other reports, for the underwriting team. Follows for timely renewals, reporting requirements, compliance items, and delinquencies. The Commercial Underwriter I underwrites commercial business, real estate, agriculture, and SBA 504 loan requests. The underwriter analyzes financial information, recommends loan actions, and approves loan requests within his or her authority as assigned. Analyzes commercial loan applications and renewals and determines credit worthiness and appropriate grading for consideration of the loan request. Assists the sales staff to maximize the cross sales effort as the loan request is being processed. Prepares loan for legal documentation and monitors the closing process. Follows for timely renewals, reporting requirements, compliance and delinquencies.

Requirements

High school diploma or GED required.
Established knowledge of financial accounting theory and logic, financial statement and business entity types, commercial products and services; to include understanding of how to measure borrowing base certificates for review and approval.
Previous experience in analyzing credit.
Two years of experience with underwriting or in a related field in the financial industry.
Basic knowledge of financial analysis practices, principles, applications and analysis methods.
Ability to work in a heavily deadline-oriented environment.
Excellent organizational skills with efficient work demeanor that allows involvement in multiple areas.
Ability to utilize personal computers, and Windows-driven programs, with an emphasis on the Microsoft Office suite of applications, specifically Word and Excel.
Ability to complete a high volume of work efficiently and with accuracy.
Excellent verbal and written communication skills.
Three years’ experience in a small business/commercial lending environment.
Established knowledge of financial accounting theory and logic, loan structuring, commercial products and services.
A proven ability to interpret and discuss analytical data and make credit recommendations to Senior Management and/or Risk Management on strategic issues or initiatives.

Nice To Haves

Undergraduate degree in Finance, Business Administration or Accounting, or related work experience preferred.

Responsibilities

Inputs historical financial information to show financial trends, evaluate repayment, and mitigate risk.
Analyzes key factors such as industry, management, and economic trends.
Orders business credit reports and personal credit reports on business principals.
Maintains and coordinates covenant management responsibilities for assigned region.
Maintains a log of maturing lines and coordinates renewal process to ensure that necessary information is received prior to line maturity.
Monitors past due loans for assigned portfolio(s) and recommends action to sales staff or contacts customers directly, as appropriate.
Maintains a log of pending action or resolution for past due loans.
Assists as needed in the preparation of Annual Credit Reviews and Problem Loan Reports.
Analyzes commercial loan applications received by Relationship Managers to determine eligibility of request, providing prompt turnaround time.
Confers with Relationship Managers to determine client needs and discuss options for borrowers.
Requests any additional information needed to complete processing.
Ensures the customer loan request is processed accurately and timely.
Coordinates with appraisal department and escrow companies for secured loan products.
Provides exceptional assistance and support to all Relationship Managers and Credit Administration.
Maintains a current understanding of Bank underwriting guidelines, procedures, policies and compliance issues.
Maintains a working knowledge of regulatory requirements for documentation and regulations relating to commercial lending.
Maintains a current understanding of Bank policies and procedures in compliance with all federal and state laws, including but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and any other applicable regulations that may be specific to your job duties.
Performs monthly monitoring of asset-based lines and loans.
Performs Commercial Credit Underwriter duties in their absence as needed.
Performs other work-related duties as assigned.
Assists Regional Credit Administrators and Commercial Underwriters in the development and completion of special projects, spreadsheets, graphs, and reports as assigned.
Approves or declines commercial loan requests within assigned limits.
Recommends credit approval requirements including the establishment of financial performance covenants, monitoring requirements, and other loan provisions and ensures accurate grading of new and existing credits based on analysis.
Coordinates the credit approval process, evaluates repayment, and mitigates risk.
Provides assistance and exceptional sales support to all sales staff in answering questions relating to commercial loans.
Assures the customer loan request is processed accurately and timely.
Coordinates compliance, decline letter preparation and maintenance of adverse action database.
Assists Relationship Managers as needed in the preparation of Interim Credit Reports and Real Estate Update Memos.
Inputs application and financial information.
Performs Commercial Credit Officer duties in their absence as needed.
Orders the preparation of loan documentation and reviews for completion.
May be asked to provide formal or informal training and support to various colleagues within the bank and across multiple job functions with regard to credit fundamentals, policy, and underwriting techniques and guidelines.
Assists Commercial Loan Supervisor in the development and completion of special projects, spreadsheets, graphs, and reports as assigned.