Credit Analyst I

North Dallas Bank and Trust (NDBT) • Dallas, TX

6d • Onsite

About The Position

The Credit Analyst’s primary objective is to provide research and analytical support for lending personnel through the preparation, interpretation, and presentation of credit information required by the various lending areas. Credit Analysts actively assist lending officers in the analysis and interpretation of financial information to determine the creditworthiness of current and prospective borrowers.
A Credit Analyst I shall be available to assist lenders in the underwriting of loan requests and ongoing monitoring of borrower financial performance. Duties include:
Timely preparation of financial spreads and cash flow analysis for analyst and lender review;
Discussing the results of financial, collateral, and industry analysis to identify key risks and mitigating factors associated with credit transactions;
Ability to recognize, comprehend, and discuss financial concerns and other issues with lender and customer;
Attend borrower meetings and support lender through preparation of financial and industry analysis to be discussed with borrower;
Understand and discuss loan structure, repayment terms, and collateral with customer and loan officer;
Preparation of loan memorandums and loan presentation packages for officer and committee review;
Monitor borrower compliance with loan covenants;
Assist the Loan Review Officer with the preparation of preliminary data required for loan reviews;
Assist officers and more senior analysts with tasks as needed.
The Credit Analyst I is an entry level position designed to equip candidates with the knowledge and skills necessary to successfully execute their duties. As a Credit Analyst individuals will participate in internal and external training programs designed to develop financial and credit analysis skills necessary to progress in the position. In addition to training, the employee will assist more senior analysts with duties including those described above.
Customer Involvement: As the employee progresses, the position will require a significant amount of customer interaction. The employee will be required to attend borrower meetings with lenders, and provide input as needed. As analytical skills are developed, the customer involvement role will continue to expand. Given this aspect of this position, candidates should adhere to the utmost professional standards and exemplify NDBT’s core values as a representative of the organization.

Requirements

• Candidate must have at least a Bachelor’s degree (B.A) from a four-year College or University; preferably with a focus in Finance, Accounting, or other area related to the financial services industry.
• Computer Skills - Light typing skills and sound calculation skills are required with emphasis on effective working knowledge of computerized word processor functions and programs such as Microsoft Outlook, Word, Excel, PowerPoint, or other similar programs.
• Mathematical Skills - Ability to calculate figures and amounts such as amortization schedules, loan payments, future payoff balances, interest, etc.

Nice To Haves

• Prior experience working in a financial institution is preferred, but not required.
• Familiarity with bank reporting systems is preferred but not required.
• Familiarity with financial ratios such as Accounts Receivable Turnover, Inventory Turnover, Current Ratio, Working Capital, etc. is preferred but not required.

Responsibilities

• Timely preparation of financial spreads and cash flow analysis for analyst and lender review
• Discussing the results of financial, collateral, and industry analysis to identify key risks and mitigating factors associated with credit transactions
• Ability to recognize, comprehend, and discuss financial concerns and other issues with lender and customer
• Attend borrower meetings and support lender through preparation of financial and industry analysis to be discussed with borrower
• Understand and discuss loan structure, repayment terms, and collateral with customer and loan officer
• Preparation of loan memorandums and loan presentation packages for officer and committee review
• Monitor borrower compliance with loan covenants
• Assist the Loan Review Officer with the preparation of preliminary data required for loan reviews
• Assist officers and more senior analysts with tasks as needed

What This Job Offers

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