Credit Analyst II/III

Washington Trust Bank Careers•Seattle, WA

7d•Onsite

About The Position

The Credit Analyst II/III assists Relationship Managers (RMs) with credit analysis and evaluation of existing and potential loan customers, providing analytical support under the supervision of more senior team members. With direction as necessary, the role prepares written credit authorizations, spreads business financial statements, prepares personal cash flow worksheets, and reviews financial projections and automated spreadsheets used to analyze commercial borrowers and prospects. The position requires applicable college-level coursework in accounting or finance, or equivalent related work experience. The role assists with credit analysis, risk-rating assessments, problem-loan reporting, and other credit administration requirements. It reviews business financial reports, prepares credit authorizations in accordance with Bank policy, and helps ensure appropriate monitoring and documentation are reviewed. The analyst also prepares financial projections, customized automated spreadsheets, financial models, and financial statement presentations for business borrowers. Compliance and risk management duties, reliable attendance, and other department assignments or projects are also part of the position. This position requires onsite work at the Seattle Financial Center. The listed base compensation range is $82,893–$124,340 for Credit Analyst II or $94,942–$142,493 for Credit Analyst III. Compensation may vary based on factors including location, experience, and performance. The position is eligible to participate in an applicable annual bonus plan. Washington Trust Bank describes its benefits as including Health, Financial, Retirement, and Work/Life Benefits, and states its commitment to diversity, equal opportunity, and an inclusive work environment.

Requirements

At least 3 years of credit analysis and underwriting experience.
College-level coursework, preferably in accounting, finance, business, or a related field.
Strong accounting aptitude.
Demonstrated analytical and problem-solving ability.
Experience with computer-assisted financial analysis and PC-based financial models.
Knowledge of spreadsheet applications such as Microsoft Excel.
Strong knowledge of Bank loan policies and general commercial documentation requirements.
Ability to prioritize assignments and manage multiple priorities while maintaining a high level of service to internal and external clients.
Excellent interpersonal skills and ability to collaborate and work effectively with diverse groups of people.
Outstanding verbal and written communication skills, including grammar and correspondence abilities.
Organizational and analytical skills, strategic thinking, and ability to work collaboratively or independently.
Proficiency with PC and technical skills to navigate software, including Microsoft Office Suite, word processing, spreadsheets, databases, desktop information management, the Internet, and related applications.
Demonstrated self-motivation and initiative, and ability to work well independently and with others.

Responsibilities

Assist Relationship Managers with credit analysis, risk-rating assessment, problem-loan reporting, and credit administration requirements.
Review and evaluate business financial reports.
Prepare written credit authorizations in accordance with Bank policy and ensure proper monitoring and documentation are reviewed.
Prepare financial projections and customized automated spreadsheets for analyzing commercial borrowers and prospects.
Develop financial models based on customized financial formats.
Prepare financial statement presentations for analyzing business borrowers.
Perform compliance and risk management duties as required or assigned.
Maintain regular, reliable attendance.
Assist with other department duties and projects as requested by the team lead.