Credit Analyst II

Orrstown Bank•Harrisburg, PA

11h•Onsite

About The Position

A Credit Analyst will assist loan officers in connection with financial analyses of all types of credit information; develop and analyze all types of credit information pertaining to commercial loans; prepare credit reports; furnish information relative to credit inquiries; provide other assistance to loan officers as requested.

Requirements

Bachelor’s degree in Business, Finance, or Accounting; equivalent work experience will be considered in lieu of a degree.
Minimum three (3) years of experience in spreading and analyzing financial statements (business & personal) with a solid understanding of evaluating business loan requests; working knowledge of Credit Department practices and procedures.
Proficient reading, verbal, and written communication, mathematical, computer, and interpersonal relations skills; working knowledge of current lending, loan review and banking regulations; proficiency in analyzing and interpreting financial statements; good working knowledge of spreadsheet and database software.

Responsibilities

Develop credit information, from various sources, for use by loan officers and approval authorities in evaluating creditworthiness of new and existing borrowers; prepare financial spreadsheets and compile supporting financial information; analyze financial information and related credit information to determine creditworthiness of borrower; may make recommendations to appropriate personnel on the granting or denying of loans; prepare sufficient information to document recommendations; provide thorough documentation of financial analysis work, including ratios and other related information; ensure credit analysis activities are conducted in accordance with prescribed lending policy.
Prepare commercial loan presentations for appropriate approval authority; ensure that up-to-date financial statements, accounts receivables agings, and other required items are current and on file.
Analyze financial statements, credit reports, and other relevant data.
Assess the risk level of lending to new and existing borrowers.
Make recommendations to appropriate personnel on the granting or denying of loans.
Provide thorough documentation of financial analysis work, including ratios and other related information.
Monitor existing credit accounts for compliance and risk.
Ensure that up-to-date financial statements, accounts receivables, agings, and other required items are current and on file.
Collaborate with loan officers and financial professionals on credit decisions.
Ensure credit analysis activities are conducted in accordance with prescribed lending policy and regulatory standards.
Prepare commercial loan presentations for appropriate approval authority.