Peoples Bank Commercial Credit Analyst

Peoples Bank WA•Lynden, WA

21h•Hybrid

About The Position

As a Commercial Credit Analyst, you will be responsible for supporting Commercial Banking Officers in granting and maintaining sound business loans by developing comprehensive information through analysis of financial, business, and collateral data. In addition, the Commercial Credit Analyst will assist Commercial Banking Officers with portfolio management.

Requirements

Bachelor’s degree in business, Economics, Finance, Accounting, or equivalent experience.
Minimum of 1 year’s experience in credit analysis or equivalent work experience.
Basic understanding of financial statements, tax returns for individuals and all types of business entities as well as understanding of basic accounting principles.
Knowledge of and ability to comply with loan policies and procedures.
Excellent communication, organizational and interpersonal skills.
Excellent problem solving and analytical skills.
Mature, outgoing, and have a professional attitude with customers, prospects, and co-workers.
Proficient in MS Office (Outlook, Word, and Excel) and Financial Statement Analysis software.
Ability to make sound decisions, prioritize work, meet deadlines and work independently with minimal supervision.
Strong interpersonal skills including professional etiquette and service mentality.
Strong business communication skills, both verbal and written.
Ability to travel to other Peoples Bank locations and off-site for meetings as required.
Professional demeanor and high regard for confidentiality.
Ability to model the Peoples Bank Mission, Vision, and Values.

Responsibilities

Spreading and analyzing financial statements and tax returns for Commercial Banking Officers.
Reaching out to customers as directed by Commercial Banking Officers to obtain financial information.
Identifying loan purpose, sources of repayment and collateral value.
Preparing Income & Debt Service Schedule and analyzing Global cash flow.
Preparing Loan approval packages required for credit approval submission.
Drafting term sheets and commitment letters as directed by Commercial Banking Officers.
Maintaining current knowledge of external factors, including economic and industry conditions, which affect loan quality.
Preparing written analysis to accurately identify problems, trends, and material changes in financial statements, cash flow, and ratios.
Performing all functions of financial statement spreading software and commercial loan origination system.
Supporting Commercial Banking Officers in management of maturing loans.
Alerting Commercial Banking Officer and Credit Administrator to problems or unusual trends.
Complying with governing regulations by maintaining current knowledge of commercial law, UCC and banking regulations/ policy to ensure conformity with required laws and terms.
Accompanying Commercial Banking Officers on customer calls for information gathering purposes as needed.
Supporting functions of the Commercial Loan Assistant.