Commercial Credit Analyst

Fortis Private Bank•Denver, CO

39d•Hybrid

About The Position

The Fortis Commercial Credit Analyst will participate in rotational training across specific commercial banking verticals, including Commercial and Industrial (C&I), Commercial Real Estate (CRE), Small Business Administration (SBA) Lending, and Capital Finance. This role requires the Commercial Credit Analyst to develop an in-depth understanding in the commercial banking verticals, which includes gaining expertise in the industry terminology, underwriting, structuring and managing a portfolio. This individual will collaborate closely with the Portfolio Managers and Managing Directors, assisting in underwriting new loan opportunities, and loan servicing actions of existing clients. The ideal candidate will be able to undertake a variety of tasks and work diligently under pressure. This individual will be comfortable working with a high degree of attention to detail and discretion as well as incorporating new and effective ways to achieve better results.

Requirements

Bachelor's Degree with an emphasis in Finance and/or Accounting required.
1-2 years of relevant experience within banking or financial services preferred.
Embodies the Fortis Bank culture principles and competencies and consistently demonstrating a positive, ambitious, and solution-oriented attitude with clients and team members.
Proficient and experienced in Microsoft Office suite products and technology, including but not limited to: Outlook, Microsoft Teams, Word, Excel, and PowerPoint.
Strong ability to adapt to systems and technology, including but not limited to: client relationship management tools, conference room management and teleconferencing systems and tools, banking core systems, and other common office management products.
Communicates effectively and professionally, both verbally and via e-mail and other chat tools.
Exhibits strong attention to detail, with analytical and reasoning skills to identify the causes behind financial trends.
Excellent organizational skills, regularly demonstrating the ability to multitask, prioritize, and manage time efficiently.
Demonstrates strong interpersonal skills, with the ability to build meaningful professional relationships with senior management and team members.

Nice To Haves

Familiarity with nCino, PrecisionLender, and Salesforce Reporting is preferred.

Responsibilities

Successfully complete specific courses within the credit analysis training program within first three months.
Conduct financial analysis and spreading of borrower and guarantors, including business and personal financial statements, tax returns and other documents.
Complete global cash flow computations, calculate performance ratios, and analyze multi-year trends.
Develop a thorough understanding of client cash flows and report on same, including identifying recurring and non-recurring sources.
Research industry trends and data to identify questions and risks for each credit.
Perform analysis of loan collateral: accounts receivable, equipment, inventory, real estate and/or marketable securities.
Monitor existing credits for compliance with financial and reporting covenants.
Track loan policy exceptions and loan file document exceptions.
Author high-quality credit narratives within the pre-flight, annual loan review and / or credit memos, specifically:
Providing background of the borrower and detailing the requested transaction, including loan terms and covenants;
Describing strengths as well as key risks and relevant mitigation;
Identifying Loan Policy and Product Guide exceptions;
Summarizing the financial performance of businesses and individuals; and
Assessing the assets secured as collateral relative the credit exposure.
Demonstrate understanding of the loan process from start to finish, including preflight memos, underwriting, loan documentation, loan servicing, etc.
Other duties as assigned.