Credit Analyst II
About The Position
The Credit Analyst II analyzes commercial and business loans and uses and maintains Regent Bank’s system to spread and analyze borrowers’ financial statements. The role supports Commercial Officers with existing relationships and reviews of new business loan offerings. The position prepares financial, summary, forecast, and Board reports; assesses risks and borrower creditworthiness; and recommends whether customers are able to repay loans. It collaborates with commercial officers and customers on credit memorandums, modification requests, annual reviews, and compliance certificates. The analyst also alerts senior management to potential issues identified through research, supports other credit analysts, and performs other assigned duties. The role requires compliance with bank policies, laws, regulations, programs, internal procedures, and controls. Employees must complete up-to-date compliance training and report known violations or suspicious customer or account activity. Working conditions are generally comfortable, with minimal exposure to noise, heat, dust, and similar conditions. Employees must maintain a neat and safe work area. Candidates must complete pre-employment background, credit, and drug screening.
Requirements
- Bachelor’s degree in business management, finance, economics, or accounting.
- Three to five years of banking experience.
- Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint.
- Ability to analyze data and translate it into meaningful information.
- Strong verbal and written communication skills.
- Proficiency in accounting practices, financial concepts, and ratio analysis.
- Attention to detail and ability to work under deadline pressure.
- Knowledge of Zoom or Webex meetings.
- Basic knowledge of accounting and finance principles.
- High character, integrity, dependability, professionalism, and work ethic.
- Ability to exert up to 10 pounds of force occasionally and/or a negligible amount of force frequently.
- Ability to occasionally lift and/or move up to 25 pounds.
- Close vision and ability to adjust focus.
- Ability to sit for long periods.
- Completion of pre-employment background, credit, and drug screening.
Responsibilities
- Analyze commercial and business loans and spread and analyze borrowers’ financial statements using Regent Bank’s system.
- Assist Commercial Officers in supporting existing relationships and reviewing new business loan offerings.
- Prepare financial reports for the commercial banking department.
- Prepare summary reports, present facts, offer recommendations, and assess risks associated with commercial loans.
- Recommend actions based on analysis of creditworthiness and customers’ ability to repay loans.
- Collaborate with commercial officers and customers to prepare credit memorandums, modification requests, annual reviews, compliance certificates, and related materials.
- Prepare forecast reports to manage expectations and help determine how relevant industries may perform during the next fiscal year.
- Alert senior management to potential issues identified through required analytical research.
- Prepare monthly, quarterly, and yearly Board Reports for the lending department.
- Understand and comply with bank policies, laws, regulations, applicable programs, internal procedures, and controls, including completing up-to-date compliance training.
- Report known violations of compliance policy, laws, or regulations and report suspicious customer or account activity.
- Assist other credit analysts with daily duties to ensure proper support of the Commercial Credit Manager.
- Perform other duties as assigned.
- Maintain a neat and safe work area.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
