Credit Analyst

COMMUNITY BANK•Waynesburg, PA

3d•Hybrid

About The Position

The Credit Analyst is responsible for supporting the Bank’s credit underwriting process by performing preliminary financial analyses and risk assessments of new and existing clients. This role assists in preparing credit memos, gathering financial documentation, and ensuring compliance with internal policies and regulatory standards. Working under the guidance of senior analysts, the Credit Analyst contributes to the accuracy and timeliness of credit decisions while developing foundational skills in commercial credit evaluation.

Requirements

Minimum of a bachelor’s degree in finance, accounting, or related field required.
Minimum of two years of experience as a Junior Credit Analyst required.
Working experience with financial analysis and credit underwriting skills.
Working understanding of banking regulations, loan documentation, and risk management principles.
Proficient in Microsoft Office Suite, financial modeling software, and loan origination systems.
Strong organizational skills and attention to detail.
Strong communication, interpersonal, analytical, mathematical, and critical thinking skills.
Comfort with working in a dynamic environment where priorities can shift quickly.
Ability to work both independently and collaboratively with colleagues across various departments maintaining a professional demeanor.
Consistently attend work, meetings, and required training or staff events.

Responsibilities

Assist in the review and analysis of financial statements, tax returns, and credit reports to evaluate borrower creditworthiness.
Support the preparation of credit memoranda with relevant financial data, borrower background, and initial risk assessments.
Collaborate with lending officers and relationship managers to collect necessary documentation and clarify borrower information.
Monitor loan covenants and financial reporting requirements for assigned accounts.
Maintain organized records of credit files, financial statements, and underwriting documentation in accordance with audit and compliance standards.
Learn and apply regulatory guidelines, internal credit policies, and industry best practices.
Assist in tracking portfolio performance and identifying early warning signs of credit deterioration.
Receive mentorship and training from senior analysts to build proficiency in credit structuring and risk analysis.
Assist in monitoring ongoing credit quality by tracking covenants, portfolio trends, and borrower performance.
Assist in the development of risk ratings and provide input on credit approval decisions.
Maintain full compliance with federal, state, and internal lending regulations.
Identify and implement process improvements to enhance operational efficiencies and risk mitigation.
Comply with government, regulatory, and Bank policies and procedures.
Perform other duties assigned, in support of departmental goals and organizational priorities.