Credit Analyst I

AmeriServ Financial Bank•Johnstown, PA

8h•Onsite

About The Position

SUMMARY OBJECTIVE: Administer assistance to lending officers of the bank by furnishing credit analysis and financial information evaluation services. ESSENTIAL FUNCTIONS: 1. In support of the Lending Division, prepare accurate, comprehensive, and timely credit analysis as required by policy to support loan production efforts of the Lending Division with appropriate balance of credit risk management and compliance with credit policies. Evaluate financial statements and various credit data to determine and document the degree of risk in lending funds. Complete ratio, trend and cash flow analysis. Carefully analyze all data to produce meaningful, clear, and objective reports. 2. Ensure that credit files are complete, identify any documentation deficiencies, and work with relationship manager to identify and collect documents as needed for timely approvals on new and existing credits. Thoroughly research borrowers, guarantors, and industry data, with focus on addressing any potential credit worthiness concerns. 3. Provide spreadsheet preparation services as requested by the Lending Division and provide credit analyses of existing lending exposures in the portfolio, with a goal of assuring annual analysis, in the minimum, of the largest 25 credit exposures of the Bank. Provide ongoing monitoring of financial covenants, including calculations, monitoring updates and communication of compliance status. Complete review of real estate appraisals and evaluations accurately and on time as assigned. 4. Adhere to project deadlines. 5. Maintain a good working knowledge of the Bank’s products, lending policies and procedures and identify exceptions to policy. 6. Continually keep abreast of related legal, banking, industry, compliance, and market risk related issues. 7. Contribute to and participate in maintaining a consistent credit culture throughout the organization by promoting compliance with all credit policies and procedures. 8. Periodically aid the Supervisor of Credit Analysis to coordinate preparation and distribution of loan packages for the Credit Policy, Credit and Board Discount Committees, and loan meetings of the Board of Directors. 9. Enhance and promote AmeriServ Financial Bank through participation in community organizations, activities, and projects. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Requirements

Excellent Communication Skills (Written and verbal)
Strong Analytical Skills
Computer Skills including Microsoft Office and Internet
Problem Solving Skills
Deadline Driven
Ethical Conduct
Principled Time Management
Composure Under Pressure/Stressful Situations
Bachelor’s Degree in accounting, finance, business, or related field with completion of accounting coursework through at least the intermediate level.

Responsibilities

Prepare accurate, comprehensive, and timely credit analysis.
Evaluate financial statements and various credit data to determine and document the degree of risk in lending funds.
Complete ratio, trend and cash flow analysis.
Ensure that credit files are complete, identify any documentation deficiencies, and work with relationship manager to identify and collect documents as needed for timely approvals on new and existing credits.
Thoroughly research borrowers, guarantors, and industry data, with focus on addressing any potential credit worthiness concerns.
Provide spreadsheet preparation services as requested by the Lending Division and provide credit analyses of existing lending exposures in the portfolio
Provide ongoing monitoring of financial covenants, including calculations, monitoring updates and communication of compliance status.
Complete review of real estate appraisals and evaluations accurately and on time as assigned.
Adhere to project deadlines.
Maintain a good working knowledge of the Bank’s products, lending policies and procedures and identify exceptions to policy.
Continually keep abreast of related legal, banking, industry, compliance, and market risk related issues.
Contribute to and participate in maintaining a consistent credit culture throughout the organization by promoting compliance with all credit policies and procedures.
Periodically aid the Supervisor of Credit Analysis to coordinate preparation and distribution of loan packages for the Credit Policy, Credit and Board Discount Committees, and loan meetings of the Board of Directors.
Enhance and promote AmeriServ Financial Bank through participation in community organizations, activities, and projects.