Credit Analyst II (Full Time) - Dallas, Sterling Plaza

Prosperity Bank • Dallas, TX

3d • Onsite

About The Position

Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. This role involves spreading and analyzing commercial financial statements, performing financial analysis and basic underwriting of loan packages, recommending credit grades, identifying documentation exceptions, and evaluating underwriting. The position also includes CRE Stress Test Analysis, reviewing various financial documents, and preparing stress models and projected income scenarios.

Requirements

• Bachelor’s Degree in Business Administration, Accounting, or Finance with a minimum of 12 hours of accounting and/or 18 hours of finance.
• Minimum two-year banking experience preferred.
• Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines.
• Strong analytical skills with an ability to interpret complex financial information and identify relevant risks.
• Strong verbal and written communications skills.
• Ability to compute interest, payments, profit and loss, financial ratios, percentage, cash flow and debt service.
• Able to perform very simple algebra.
• Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias.
• Ability to prepare memos, internal loan applications, reports, and essays using proper punctuation, spelling, and grammar.
• Ability to communicate distinctly with appropriate pauses and emphasis, correct pronunciation (or sign equivalent), and variation in word order using present, perfect, and future tenses.

Nice To Haves

• Successful candidates will have the opportunity of becoming Junior Commercial Lenders after completion of the two-year Credit Analyst program

Responsibilities

• Spreading and analysis of commercial financial statements for prospective and existing loan customers.
• Perform financial analysis and basic underwriting of loan packages for loan officers to include the following: trend, equity and ratio analysis, loan structuring, collateral analysis, guarantor analysis, and calculation of Global Debt Service Coverage.
• Perform loan reviews of existing commercial loans
• Recommend credit grades based on creditworthiness of borrower and performance of the loan
• Identify documentation exceptions and evaluate underwriting
• CRE Stress Test Analysis
• Review Rent Rolls, Construction Budgets, Pro Forma Statements, Feasibility Studies, A/R Aging, Inventory, Equipment, Floor Plan Reports
• Prepare Stress Model, Projected Income Scenarios, etc…
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level