Credit Analyst I or II

Golden State Farm Credit•Kingsburg, CA

1d•$57,283 - $95,754•Onsite

About The Position

This position provides approvals on credit applications by evaluating financial information, developing financial analyses, and interpreting and applying Association credit standards.

Requirements

Knowledge in reading and interpreting tax returns, profit and loss statements, balance sheets, cash flows and similar financial documents
Knowledge in loan structuring and negotiating loan terms and conditions
Knowledge of the agriculture, financial and real estate industry and applied business mathematics and principles (preferred)
Working knowledge of the agriculture industry and the impact of current events on agricultural operations and credit
Must be able to use computer technology and a wide variety of software applications including Microsoft Office Suite applications, automated underwriting and loan origination systems, current software, and other office tools
Must be able to converse and communicate with customers using the English language
Ability to work effectively with both external and internal customers in a professional, respectful manner
Skill in analyzing information and problem solving to formulate logical and objective conclusions
Solid knowledge of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, and credit administration
Sound decision making, negotiating, and influencing skills
Ability to work under minimal supervision
Credit Analyst I - Bachelor’s degree in accounting, ag business, agriculture, business, finance. 0-2 years of experience in credit related work
Credit Analyst II - Bachelor’s degree in accounting, ag business, agriculture, business, finance and 3-5 years of experience in credit related work
Or an equivalent combination of education and experience sufficient to perform the essential functions of the job.

Nice To Haves

Knowledge of the agriculture, financial and real estate industry and applied business mathematics and principles (preferred)

Responsibilities

Credit Analysis (CA I 70%)
Ability to use various loan and loan analysis software
Spreads customer’s tax returns, balance sheets, and/or CPA prepared financial statements in our spreading software
Analyzes credit worthiness by:
Developing basic long and/or short-term financial projections based on customer financial data (multi-year projections)
Analyzing capital, capacity, collateral, conditions, character and management ability of the borrower
Comparing the borrower’s overall financial position to industry and core lending standards and guidelines
Ability to do basic Security Capacity Repayment analysis
Ability to verify assets and liabilities using various tools
Writes basic narratives where purpose, strengths, weaknesses, collateral, conditions, character, and management ability of the borrower are discussed. The ability to write the capital section and capacity section would be a more advanced undertaking.
Completes accrual earnings reconciliation as needed
Collaborates with credit staff on loan approvals Determines loan classification, probability of default and loss given default ratings
Participates in the ongoing design of processes to provide exceptional service, achieve satisfactory credit administration goals, and result in achievement of targeted credit quality with adequate compensation for risk
Orders appraisals
Opening and ordering preliminary reports from a Title Company.
Credit Analysis (CA II 70%)
Ability to use various loan and loan analysis software
Analyzes financial data and makes recommendations for loan structure, terms, and conditions
Provides accurate financial analysis for customer relationships by utilizing various software systems
Reviews financial information provided by borrower, determines adequacy of data and requests additional data as needed
Determines best approach to consolidating and utilizing the financial data to make a credit recommendation
Qualifies and validates financial information utilized in the credit decision making process
Spreads customer’s tax returns, balance sheets, and/or CPA prepared financial statements in our spreading software
Analyzes credit worthiness by:
Developing basic and complex long and/or short-term financial projections based on customer financial data (multi-year projections)
Analyzing capital, capacity, collateral, conditions, character and management ability of the borrower
Comparing the borrower’s overall financial position to industry and core lending standards and guidelines
Ability to do basic and complex Security Capacity Repayment analysis
Writes narratives where purpose, strengths, weaknesses, capital, collateral, conditions, character, and management ability of the borrower are discussed
Prepares more complex loan narratives with assistance from credit officer as needed
Ability to reconcile net worth and working capital to operational earnings
Interprets financial data for credit assessment
Identifying potential risks of the proposed loan
Ability to verify assets and liabilities using various tools
Collaborates with credit staff on loan approvals
Determines loan classification, probability of default and loss given default ratings
Remains updated on the industries serviced by the assigned office and/or business unit
Completes industry specific research to validate key cash flow projections
Ability to figure out what information is necessary for any loan action request, including renewals and obtain it from a customer
Meets with, collects, and enters data from customers and potential customers into internal software
Qualifies and validates financial information utilized in the credit decision making process
Orders and reviews appraisals
Opening and ordering preliminary reports from a Title Company, along with the ability to analyze title searches
Monitor past dues as assigned by Team Lead
Loan Administration (30%)
Communicates the status of loans in process with internal credit, sales, and operations to insure coordination between external client and GSFC
Works closely with sales team to complete financial counseling with key clients
Answer calls, prepare documents and requests for customer as needed
Data Security and Confidentiality
Appropriately protects the confidentiality, security, and integrity of the Association’s systems and data and clients’ data
Commitment and Support of Association Mission
Understands, applies, and supports the Association mission and vision statement in a positive, professional manner at work and with customers in all settings