Credit Analyst II

FLATIRONS BANK•Boulder, CO

1d•$70,000 - $85,000•Onsite

About The Position

Flatirons Bank is seeking a Credit Analyst II to support its lending activities. This role involves performing financial analysis, creating credit memorandums, and monitoring complex lending relationships. The Credit Analyst II will collaborate with lending, management, operations, and compliance teams in a client-centric environment. The bank is a full-service independent bank serving individuals, businesses, and nonprofits in Boulder County, with a commitment to personalized service, local decision-making, and community involvement. The headquarters location is LEED Gold certified, and the bank strives to balance purpose with profit by considering its impact on stakeholders and the environment.

Requirements

Bachelor's degree from a four-year college or university; or three to seven years of related experience and/or training; or the equivalent combination of education and experience.
Work-related experience should consist of an in-depth background in accounting skills.
Educational experience, through in-house training sessions, formal school, or financial industry curriculum, should be applicable to the financial industry.
Experience with the credit analysis of financial statements and tax returns required.
Strong reasoning and writing skills to efficiently communicate well supported rational for all types of credit decisions and actions.
Strong math skills; calculate interest, proportions, and percentages; balance amounts; locate routine mathematical errors, compute rate, ratios and percentages.
Intermediate knowledge of general acceptable accounting principles, budgeting, and related accounting and record keeping systems in a financial institution.
Exceptional oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and communicate clearly to clients and employees.
Strong word processing and spreadsheet skills.
Strong knowledge of related state and federal banking compliance regulations, and Bank policies and procedures.
Knowledge of loan documentation as well as the necessary supporting requirements to perfect collateral position.
Excellent organizational and time management skills.
Ability to work with minimal supervision while performing duties.

Nice To Haves

Experience with one or more of the following (or similar) software products is preferred: DCI iCore core system, Finastra LaserPro documentation software, AccuSystems documentation retention software and BakerHill NextGen statement spreading software.

Responsibilities

Assists in the guiding, mentoring and training of team members on loan systems, policies and procedures.
Assists in managing system produced exception reports and collecting post-closing and annual monitoring requirements in a timely manner.
Coordinates and completes annual reviews of lending relationships and periodic covenant testing.
Assures loan compliance and procedure quality controls are maintained for all loans.
Assures loan risk ratings remain accurate.
Develops and tests policies and procedures pertaining to the maintenance of accurate accounting records and report preparation.
Works with credit administration to make recommendations and implementation of changes to operations.
Supports the bank’s consultative process to deepen existing relationships, on-board new relationships and exit unprofitable relationships.
Assists loan administrators and relationship managers in planning for loan closings and ensuring all approval conditions have been met.
Assists loan administrators and relationship managers to review loan documentation prior to closing.
Assists Senior Credit Officer with macro and micro level portfolio reviews including, but not limited to, stress testing, concentration monitoring and policy exception tracking.
Analyzes and interprets financial statements including proforma and projections using trend analysis, ratio analysis, cash flow analysis, and industry averages, as well as macro/industry trends review/analysis, for individuals, commercial operating entities, and real estate entities.
Prepares detailed, written credit approval packages for relationship managers and senior management which includes identifying and mitigating credit risks and loan policy exceptions, proposing covenant and monitoring requirements, proposing loan structure enhancements, and assessing the loan risk rating.
Ensures credit inquiries and UCC filing are researched to determine creditworthiness and appropriate collateral positionings are achieved.
Assists relationship managers, as necessary, in meeting with and interviewing current and prospective clients, as well as monitoring client relationship for compliance with credit standards through monthly portfolio monitoring.
Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
Develops and maintains knowledge of financial industry, economy, market conditions (both nationally as well as within Boulder County), rates, vendors and competition.
Assists relationship managers with loan closings, as needed.
Participates in community and business functions to ensure a positive image for the bank within the marketplace.
Provides excellent internal and external service by demonstrating courtesy and personal concern for customers and coworker needs and follows up to ensure needs are met.
Maintain a professional work environment, demeanor, and business-like appearance.
Perform other related duties periodically as required and assigned.