Credit Analyst II

Flatirons Bank•Boulder, CO

7d•$66,000 - $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 various departments in a client-centric environment. The bank emphasizes community impact, personalized service, and sustainable practices, evidenced by its LEED Gold certified headquarters. This position offers opportunities for professional growth and community involvement.

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.
In-depth background in accounting skills.
Experience with the credit analysis of financial statements and tax returns required.
Strong reasoning and writing skills to communicate well-supported rational for 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.
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 and necessary supporting requirements to perfect collateral position.
Excellent organizational and time management skills.
Ability to work with minimal supervision.

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

Assist in guiding, mentoring, and training team members on loan systems, policies, and procedures.
Perform financial analysis, including trend analysis, ratio analysis, and cash flow analysis for individuals, commercial entities, and real estate entities.
Prepare detailed credit approval packages for management, identifying risks, proposing covenants, and assessing loan risk ratings.
Research credit inquiries and UCC filings to determine creditworthiness and collateral positioning.
Monitor client relationships for compliance with credit standards through monthly portfolio monitoring.
Perform pre-qualification assessment and analysis of financial condition and risk for financing requests.
Develop and maintain knowledge of the financial industry, economy, market conditions, rates, vendors, and competition.
Assist relationship managers with loan closings and client meetings.
Participate in community and business functions to promote a positive bank image.
Provide excellent internal and external service.
Maintain a professional work environment, demeanor, and appearance.
Perform other related duties as required and assigned.
Assist in managing system-produced exception reports and collecting post-closing and annual monitoring requirements.
Coordinate and complete annual reviews of lending relationships and periodic covenant testing.
Assure loan compliance and procedure quality controls are maintained.
Assure loan risk ratings remain accurate.
Develop and test policies and procedures for accounting records and report preparation.
Work with credit administration to recommend and implement operational changes.
Support the bank’s consultative process for relationship management.
Assist loan administrators and relationship managers in planning for loan closings and ensuring approval conditions are met.
Assist loan administrators and relationship managers in reviewing loan documentation prior to closing.
Assist the Senior Credit Officer with portfolio reviews, including stress testing, concentration monitoring, and policy exception tracking.