Commercial Credit Analyst

Park National Bank•Newark, OH

14h•Hybrid

About The Position

This role is not eligible for sponsorship. The Commercial Credit Analyst will soundly apply the bank’s credit culture and credit policies, acting as a policy expert. They will use independent judgment and critical thinking in compiling 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. 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. The role involves recommending appropriate risk grades, supporting them with risks, mitigants, and strengths, and is considered a valuable resource for credit write-up/template and tax return analysis. The analyst 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. They will spread financial statements and tax returns, analyze historical performance, and review proformas for reasonableness. Developing appropriate loan covenants and proper loan structures is also a key responsibility. The analyst will assist in training junior analysts and may manage a small group. They will review and analyze appraisals for market, credit, construction, and economic risks, understand more complicated loan documents, and assist Commercial Lenders with outside legal counsel. Participation in customer meetings, independent property inspections, preparing customer communication, handling simple loan closings, and obtaining updated financial statements are expected. The role involves assisting Commercial Lenders with presenting loan requests to approvers and committees, attending meetings, and potentially presenting credit requests. Obtaining, analyzing, and incorporating third-party borrower information, researching inconsistencies, maintaining data integrity, preparing pertinent reports, tracking financial information, and working with Commercial Lenders on classified assets are also required. Maintaining awareness of and adherence to the Bank’s compliance requirements and risk management concepts, expectations, policies, and procedures is crucial. The role requires delivering a consistent, high level of service within our Serving More standards. 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
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
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.