Credit Analyst I

AmeriServ Financial Bank•Johnstown, PA

11h

About The Position

The Credit Analyst I provides credit analysis and financial information evaluation services in support of the Bank’s lending officers and Lending Division. The role evaluates financial statements and other credit data to assess and document lending risk, including ratio, trend, and cash flow analysis, and prepares clear, objective, accurate, comprehensive, and timely credit reports in accordance with policy. The position helps ensure credit files are complete, identifies documentation deficiencies, and works with relationship managers to obtain needed information for timely approvals. It researches borrowers, guarantors, and industry data; supports spreadsheet preparation and portfolio credit analysis; monitors financial covenants; and reviews real estate appraisals and evaluations. The analyst maintains knowledge of the Bank’s products, lending policies, and procedures, keeps current on legal, banking, industry, compliance, and market-risk matters, and promotes a consistent credit culture. The position may periodically assist the Supervisor of Credit Analysis with loan-package preparation and distribution for committees and Board loan meetings, and participate in community activities on behalf of AmeriServ Financial Bank. This is a nonsupervisory position in a professional office environment using standard office equipment. No travel is required except for possible training and seminars. Duties and responsibilities may change.

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 use.
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 credit policy.
Evaluate financial statements and credit data to assess and document lending risk, including ratio, trend, and cash flow analysis, and produce clear, objective reports.
Ensure credit files are complete, identify documentation deficiencies, and work with relationship managers to collect documents needed for timely approvals.
Research borrowers, guarantors, and industry data, focusing on potential creditworthiness concerns.
Prepare spreadsheets as requested and analyze existing portfolio exposures, with a goal of annual analysis of at least the Bank’s 25 largest credit exposures.
Monitor financial covenants, including calculations, monitoring updates, and communication of compliance status.
Review real estate appraisals and evaluations accurately and on time as assigned.
Adhere to project deadlines.
Maintain knowledge of Bank products, lending policies, and procedures, and identify policy exceptions.
Keep abreast of 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 with coordinating preparation and distribution of loan packages for committees and Board loan meetings.
Promote AmeriServ Financial Bank through participation in community organizations, activities, and projects.