Credit Analyst I

Orrstown Bank • Harrisburg, PA

8d

About The Position

The Credit Analyst I assists loan officers with financial analyses of credit information, develops and analyzes credit information related to commercial loans, prepares credit reports, responds to credit inquiries, and provides other assistance to loan officers as requested. The position may be based in Harrisburg or York, Pennsylvania, or another mutually agreed upon location.

The analyst gathers and evaluates financial and related credit information to assess the creditworthiness of new and existing borrowers. The role includes preparing financial spreadsheets and commercial loan presentations, documenting analysis and recommendations, and ensuring credit analysis activities follow lending policy. The analyst also helps maintain current financial statements, accounts receivable agings, and other required loan documentation.

Requirements

• Bachelor’s degree in Business, Finance, or Accounting; equivalent work experience may be considered in lieu of a degree.
• Recent college graduate or at least one year of experience spreading and analyzing business and personal financial statements.
• Working knowledge of Credit Department practices and procedures.
• Proficient reading, verbal and written communication, mathematical, computer, and interpersonal relations skills.
• Solid working knowledge of current lending, loan review, and banking regulations.
• Proficiency in analyzing and interpreting financial statements.
• Strong working knowledge of spreadsheet and database software.

Responsibilities

• Develop credit information from various sources for loan officers and approval authorities to evaluate the creditworthiness of new and existing borrowers.
• Prepare financial spreadsheets and compile supporting financial information.
• Analyze financial and related credit information to determine borrower creditworthiness.
• May recommend to appropriate personnel whether loans should be granted or denied.
• Prepare sufficient information to document recommendations and provide thorough documentation of financial analysis, including ratios and related information.
• Ensure credit analysis activities comply with prescribed lending policy.
• Prepare commercial loan presentations for the appropriate approval authority.
• Ensure up-to-date financial statements, accounts receivable agings, and other required items are current and on file.
• Assist loan officers with financial analyses, credit reports, credit inquiries, and other requested work.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Long-term disability insurance
• Short-term disability insurance
• Employee, spouse, and dependent life and AD&D insurance
• Flexible spending account
• Dependent care spending account
• Employee stock purchase plan
• 401(k)/profit-sharing program
• Paid time off
• Paid holidays
• Paid parental leave
• Employee service recognition

What This Job Offers

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