Credit Analyst I
About The Position
The Credit Analyst I supports the Bank’s Lending Division by providing credit analysis and financial information evaluation to support lending decisions while balancing credit risk management and compliance with credit policies. The position evaluates financial statements and other credit data, completes ratio, trend, and cash-flow analysis, and prepares clear, objective reports. It also helps ensure credit files are complete, researches borrowers, guarantors, and industry data, and works with relationship managers to obtain needed documentation. The role provides spreadsheet preparation and analysis of existing portfolio exposures, monitors financial covenants, and reviews real estate appraisals and evaluations. It maintains working knowledge of Bank products, policies, procedures, and relevant legal, banking, industry, compliance, and market-risk issues. The analyst may also assist the Supervisor of Credit Analysis with loan-package preparation and distribution for credit and board committees and Board of Directors loan meetings, and participates in community organizations and activities that promote AmeriServ Financial Bank. This position does not supervise employees. It operates in a professional office environment and routinely uses standard office equipment. No travel is required except for possible training and seminars.
Requirements
- Bachelor’s degree in accounting, finance, business, or a related field.
- Completion of accounting coursework through at least the intermediate level.
- Excellent written and verbal communication skills.
- Strong analytical skills.
- Computer skills, including Microsoft Office and Internet.
- Problem-solving skills.
- Ability to meet deadlines.
- Ethical conduct.
- Principled time management.
- Composure under pressure and in stressful situations.
Responsibilities
- Prepare accurate, comprehensive, and timely credit analyses in support of Lending Division loan production and in accordance with policy.
- Evaluate financial statements and credit data to assess and document lending risk; complete ratio, trend, and cash-flow analyses; and prepare clear, objective reports.
- Ensure credit files are complete, identify documentation deficiencies, and work with relationship managers to collect documents for timely approvals on new and existing credits.
- Research borrowers, guarantors, and industry data, focusing on potential creditworthiness concerns.
- Prepare spreadsheets as requested by the Lending Division and analyze existing lending exposures in the portfolio, aiming to analyze at least the Bank’s 25 largest credit exposures annually.
- Monitor financial covenants, including calculations, updates, and communication of compliance status.
- Review assigned real estate appraisals and evaluations accurately and on time.
- Adhere to project deadlines.
- Maintain working knowledge of Bank products, lending policies, and procedures, and identify policy exceptions.
- Keep abreast of relevant legal, banking, industry, compliance, and market-risk issues.
- Promote compliance with credit policies and procedures and contribute to a consistent organizational credit culture.
- Periodically assist the Supervisor of Credit Analysis in coordinating the preparation and distribution of loan packages for credit policy, credit, and board discount committees, and Board of Directors loan meetings.
- Promote AmeriServ Financial Bank through participation in community organizations, activities, and projects.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
