Credit Analyst I

TexasBank • Fort Worth, TX

1d • Onsite

About The Position

The Credit Analyst I position serves as an entry-level role focused on reviewing credit request information, conducting evaluations and analyses of that data, and preparing detailed credit memoranda for commercial loan applications.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics or a related field.
• Excellent verbal and written communications skills.
• Proficiency in reviewing tax returns, financial statements, and financial analysis.
• Proficiency in Microsoft Office Applications including Excel, PowerPoint, and Word.
• Ability to conduct independent and objective reviews of loan and credit practices.
• Strong problem-solving skills to address obstacles in the underwriting process.
• Demonstrate a strong capacity for effective collaboration with others.
• Flexibility to handle a variety of tasks and special projects as assigned, adapting to changing priorities, deadlines, and regulatory environments.

Nice To Haves

• 3 Months of experience as a Credit Analyst or related Internship.
• Professional certifications such as Certified Credit and Risk Analyst (CCRA), Chartered Financial Analyst (CFA) or Certified Risk Analyst (CRA).

Responsibilities

• Underwrite and prepare credit memorandum packages, under guidance for loans <$3MM.
• Accurately and promptly complete cash flow spread requests for Loan Officers.
• Serve as back-up for appraisal reviews and in-house evaluations.
• Manage the integrity of risk management functions by ensuring acceptable credit standards are maintained and loans conform to established Bank policy, procedures, and regulatory requirement
• Evaluate the creditworthiness of potential and existing clients by analyzing financial statements, credit reports, and other relevant financial data.
• Accompany the Loan Officers on customer calls and site visits of potential and existing customers as requested/needed.
• Regularly track and test borrowers' compliance with loan agreements by analyzing key financial metrics, ensuring adherence to financial covenants, and flagging any potential breaches for timely resolution.
• Review and assess borrowers' financial performance, creditworthiness, and compliance with loan terms during the annual review process, identifying risks and making recommendations for any necessary adjustments or actions.
• Perform cash flows, financial analysis, collateral valuations/analysis, global cash flows, etc. for commercial borrowers and guarantors.
• Research industry information; history of the borrower; or any information or articles on the internet that would pertain to the borrower positively or negatively.
• Conduct independent and objective review of loan underwriting practices, approvals, monitoring activities, and credit administration procedures.
• Evaluate appropriateness of loan structures and completes analysis of financial information to identify current or potential problems in credit quality and potential portfolio risk.
• Review borrower relationships to develop an assessment of loan repayment ability validating that the risk rating and perception of risk is accurate.
• Review loan documents for accuracy, completeness, and adherence to credit memorandum covenants and conditions.
• Maintain excellent customer service to internal customers and external customers.
• Perform other duties and special projects as assigned.

What This Job Offers

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