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

PROSPERITY BANK • University Park, TX

3d • Onsite

About The Position

Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit.

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