Credit Analyst II

S&T Bank • Main Office, CA

4d • $36,438 - $80,850 • Onsite

About The Position

Responsible for providing an independent analysis of credit quality for loan relationships of average to above average levels of complexity at the bank to determine borrower’s financial condition and ability to repay; reviewing credit facility requests to determine compliance with structural, corporate policies and procedures and ensuring that proposed transactions comply with government regulation; preparing accurate credit approval documents, in accordance with Department procedures, which outline the material strengths and weakness of the proposed transaction(s); recommending appropriate risk ratings to borrowers or specific loans; supporting credit and lending staff though completion of particular analysis requested which would be classified as above average in complexity; conducting annual credit reviews.

Requirements

• Four year college degree.
• Major or area of specialization: Bachelor’s degree in Accounting, Finance or Economics with minimum of six hours in accounting.
• Two to five years of specialized training is preferred, specifically two years of credit analysis and/or two years of loan review experience.

Responsibilities

• Determines whether information submitted for underwriting adheres to bank policy and procedures as well as regulatory requirements for commercial credit applications and reports non-compliance to relationship manager and supervisor.
• Researches and demonstrates a working knowledge of commercial loan documentation, agreements, leases, contracts, and other technical documentation of a legal nature. Identifies the documentation necessary to complete a loan documentation file for common commercial products offered and to perfect common types of collateral.
• Reviews loan terms and conditions and transaction sources and uses to determine whether minimum credit policy and procedure requirements have been met. Identifies improper structure and reports findings to supervisor and/or relationship managers.
• Conducts background checks and credit bureau inquiries via third party vendors to prevent fraud and assess the overall character of credit applicants.
• Demonstrates working knowledge by the ability to analyze higher-risk and/or specialized industries common in commercial lending transactions, including but not limited to automobile dealers, land acquisition and development, contractors, healthcare providers, ESOP’s, water and sewer authorities, and municipalities.
• Responsible for the efficient and accurate spreading of financial statements and the production of moderately to above average complex cash flow analysis/project analysis in accordance with prescribed bank procedures. The individual must possess the knowledge and experience to perform a detailed analysis of a customer’s Balance Sheet, Income Statement, Statement of Cash Flow, and project cash flow (if applicable) resulting in an effective evaluation of credit capacity of borrowers while identifying assumptions utilized. Conducts more complex analysis of multiple collateral types based on S&T Bank’s policies and procedures, identifying and relating collateral shortfalls to Relationship Managers.
• Analyzes and identifies pertinent historic trends in the customer’s business and communicate whether these trends positively or negatively affect repayment capacity. Must be able to research, analyze and interpret industry/market data including trends as it relates to a potential customer.
• Identifies appropriate financial covenants in concert with credit policy and or procedures and reports these items to Support Manager during underwriting process.
• Identifies significant credit issues during the underwriting process through the strengths and weaknesses portion of the credit presentation. Responsible for outlining/detailing the methodology utilized in determining strengths and weaknesses.
• Works closely with other departments, specifically secured credit to ensure, when applicable, strengths/weaknesses in collateral are addressed within credit facilities.
• Prepares the entire underwriting document utilized by senior/executive management to approve loans of up to senior loan committee level credit risk exposures. Ensures that documents are accurate and that assumptions are evidenced in the proposal.
• Recommends appropriate risk ratings to proposed loan transactions, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Communicates methodology utilized to supervisors during final credit submission.
• Recommends appropriate risk ratings for borrowers or specific facilities, when applicable, outside of the loan approval process, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Communicates all methodologies utilized to supervisors during final credit submission.
• Occasionally accompanies lending officers on calls with commercial loan customers.
• Provides guidance and oversight to Credit Analyst I employees. Acts as Mentors to Credit Analyst I’s within the department. May conduct training on an “as needed” basis.
• Assumes additional duties as requested, including special projects.

What This Job Offers

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