Commercial Credit Analyst II

Park National Bank • Charlotte, NC

1d • Hybrid

About The Position

This role is not eligible for sponsorship. The Commercial Credit Analyst II will apply the bank’s credit culture and policies, acting as a policy expert. They will use independent judgment and critical thinking to compile key financial data, accurately representing credit risk in loan requests. This includes performing global cash flow analysis, collateral analysis, industry analysis, management analysis, and assessing overall repayment capacity. The analyst will independently complete underwriting in accordance with current regulations, compliance terms, bank policy, and legal requirements. They will accept credit requests directly from borrowers and make initial decisions regarding declination or proceeding with the credit request process. The role involves recommending appropriate risk grades, supporting these grades with identified risks, mitigants, and strengths. The analyst will be a valuable resource for credit write-up/template and tax return analysis. They will proactively assist Commercial Lenders in portfolio management functions, including seeking out and assisting in the annual review process, loan review preparation, and regulatory examinations, potentially managing these processes. Responsibilities also include spreading financial statements and tax returns, analyzing historical performance, and reviewing proformas for reasonableness. Developing appropriate loan covenants to provide advance warning of potential credit risk and mitigate losses, along with developing proper loan structures, is crucial. The analyst may assist in training junior analysts and potentially manage a small group of other credit analysts or related positions. They will review and analyze appraisals for market, credit, construction, and economic risks. Understanding more complicated loan documents and assisting Commercial Lenders in working with outside legal counsel to prepare and execute loan documentation are key aspects. The role involves participating in customer meetings, independently inspecting properties, preparing customer communication on behalf of the Commercial Lender, handling simple loan closings, and working with customers to obtain updated financial statements. Assisting Commercial Lenders with presenting loan requests to approvers, Senior Lenders, and Loan Committee, attending and participating in other meetings, and potentially presenting credit requests on behalf of Commercial Lenders are also part of the duties. Obtaining, analyzing, and incorporating third-party borrower information (e.g., credit reports) and researching inconsistencies are required. Maintaining data integrity, preparing pertinent reports, tracking financial information, and working with the Commercial Lender on classified assets and reporting are also essential. The analyst must maintain awareness of and adherence to the Bank’s compliance requirements and risk management concepts, expectations, policies, and procedures, applying them to daily tasks. Delivering a consistent, high level of service within our Serving More standards is expected. Other duties as assigned.

Requirements

• Bachelor's degree in a business field, preferably finance or accounting. Other concentrations will be considered with at least five years relevant experience required
• Interpersonal/Customer Service Skills
• Written and Verbal Communication
• Ability to understand and follow directions
• Adaptable to change
• Basic Computer Skills
• Organizational Skills/Detail Oriented
• Analytical Thinking
• Problem/Situation Analysis
• Technical Expertise
• Ability to build collaborative relationships
• Ability to develop or mentor others
• Ability to work as part of a team
• Travel to customers and prospects is expected
• This position must be able to remain in a stationary position a maximum of 50% of the time, constantly operate a computer up to 50% of the time and be able to be in constant communication with coworkers, customers, or stakeholders to discuss and observe facts and data in order to exchange accurate information.

Responsibilities

• Soundly apply the bank’s credit culture and credit policies; is considered a policy expert
• Use independent judgment and critical thinking in the compilation of key financial data for the accurate representation of credit risk in loan requests including global cash flow analysis, collateral analysis, industry analysis, management analysis, and overall repayment capacity
• Independently complete underwriting in accordance with current regulations, compliance terms, bank policy, and legal requirements
• Accept credit requests directly from borrowers; make initial decision with regard to declination or proceeding in the credit request process
• Recommend appropriate risk grade, supporting the grade with risks, mitigants, and strengths
• Considered a valuable resource for the credit write-up/template and tax return analysis
• Proactively assist the Commercial Lenders in portfolio management functions including seeking out and assisting in the annual review process, loan review preparation, and in regulatory examinations; may manage said processes and examinations
• Spread financial statements and tax returns and analyze historical performance; review proformas for reasonableness
• Develop appropriate loan covenants to provide advance warning of potential credit risk and mitigate losses; develop proper loan structures
• Assist in the training of junior analysts as needed; may manage a small group of other credit analysts or related positions
• Review and analyze appraisals for market, credit, construction, and economic risks
• Understand more complicated loan documents; assist Commercial Lenders in working with outside legal counsel to prepare and execute loan documentation
• Participate in customer meetings; independently inspect properties; prepare customer communication on behalf of the Commercial Lender; handle simple loan closings for the Commercial Lender; work with customers in obtaining updated financial statements
• Assist Commercial Lenders with presenting loan requests to approvers, Senior Lenders, and Loan Committee as needed; attend and participate in other meetings; may present credit requests on behalf of Commercial Lenders
• Obtain, analyze, and incorporate third-party borrower information (e.g., credit reports); research inconsistencies
• Maintain data integrity
• Prepare pertinent reports, track financial information and receipt thereof
• Work with the Commercial Lender on classified assets and reporting thereof
• Maintain awareness of and adherence to Bank’s compliance requirements and risk management concepts, expectations, policies and procedures and apply them to daily tasks.
• Deliver a consistent, high level of service within our Serving More standards.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level