Credit Analyst

ServisFirst Bank•Birmingham, AL

About The Position

The Credit Analyst evaluates the creditworthiness of potential clients using financial statements, borrowing history, market conditions, financial models, credit reports, and key ratios. The analyst prepares appraisals for loan review and approval and helps determine loan terms. The role includes underwriting new loan requests and maturities, gathering financial information, preparing and circulating credit memos, compiling recurring and ad hoc reports, tracking borrowing bases and marketable securities, maintaining the nCino system, responding to subpoenas involving credit information, and coordinating appraisal orders and reviews. The Credit Analyst must be familiar with and follow applicable compliance regulations and policies. Additional duties may be assigned. Reasonable accommodation may be made for qualified associates or applicants with disabilities to perform the essential functions.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field.
At least two years of experience in financial analysis, banking, or a related field.
Excellent written and verbal communication skills.
Experience using Microsoft Outlook, Word, and Excel.
Experience in a position requiring attention to detail and data analysis.
Excellent organizational skills and ability to multitask.
Ability to work independently with little supervision.
Working knowledge of collateral instruments, such as letters of credit, UCC filings, and personal or corporate guarantees.

Nice To Haves

RMA and/or Moody training.

Responsibilities

Conduct financial analysis and underwriting for new loan requests and loan maturities.
Contact Loan Officers to request financial information needed for analysis, such as balance sheets, tax returns, and financial statements.
Assess the strengths and weaknesses of clients’ credit to determine loan terms.
Run reports on past or current maturities and request necessary information.
Occasionally prepare underwriting or credit memos after gathering financial information and circulate them for approval by appropriate parties.
Generate or compile monthly reports, including reports on past-due loans, maturing loans, collateral exceptions, outstanding appraisal fees, loan type summaries, and internal credit administration.
Generate or compile the board report and other ad hoc reports as requested.
Track borrowing bases and marketable securities.
Maintain and update the nCino system.
Respond to subpoenas involving credit information.
Order appraisals, conduct appraisal reviews, and serve as liaison for appraisal vendors.
Know, follow, and ensure compliance with applicable regulations and policies.