Credit Analyst

POTOMAC BANK INC•Charles Town, WV

About The Position

Analyzes credit worthiness and credit risk of commercial borrowers, including review of financial statements and cash flow analysis. Monitors the quality of various commercial loans and assists in the underwriting and processing of commercial credits.

Requirements

Four year college degree, or equivalent banking industry experience, required. Must have 5 years’ experience in performing duties above and/or have obtained certification of risk management skills obtained.
Must have a fundamental understanding of financial accounting.
Strong analytical and critical thinking skills, with expertise in financial statement analysis and risk assessment
Proficiency in financial analysis software and tools, as well as Microsoft Office Suite, particularly Excel.
Excellent written and verbal communication skills to present financial information clearly and concisely.
Meticulous attention to detail and elevated level of accuracy in analyzing financial data.
Knowledge of credit industry regulations and compliance requirements
Strong work ethics, ability to work independently and as part of a team, adaptability, and the ability to manage multiple priorities in a fast-paced environment.
Ability to multi-task under pressure, prioritize assignments, and work in a fast-paced environment.
Have experience collaborating with clients and can manage challenging situations with professionalism and efficiency.
Must possess a knowledgeable background of the bank’s commercial lending procedures and policies.
Ability to adhere to Potomac Core Values: Integrity, Teamwork, Growth, Customer Commitment, Community Focus
Self-Development: pursue additional education or training to remain current, improve knowledge, and diversify skills.

Responsibilities

Collect and analyze due diligence items including:
Utilize software to spread and analyze business financial statements, including balance sheets, income statements and tax returns.
Analyze personal financial statements, credit reports, and tax returns on individuals in order to determine credit worthiness and repayment capacity.
Analyze business, industry and/or real estate market information.
Assess and mitigate risk on Commercial and Industrial (C&I) and Commercial Real Estate (CRE) loans.
Prepare comprehensive credit packages on commercial loans that facilitates the credit approval process
Prepare annual reviews of existing commercial loan relationships including covenant testing.
Participate in client calls with Relationship Managers
Maintain communication with Relationship Managers and Portfolio Managers during loan underwriting and approval process.
Exhibit an understanding of and ensure compliance with loan and regulatory policies.
Maintains up-to-date, well-organized documentation and files.
Manage the approved appraiser list, track appraisal orders, and review appraisal reports
Update the Bank’s loan processing system and clients’ folders when financial statements are received.
Assist the Senior Credit Officer and Credit Manager as needed
Other duties may be assigned
Maintains neat and orderly work area and ensures that all confidential records are properly secured each day
Understands role in case of disaster or robbery, whether victim or bystander, and knows proper post-robbery procedures
Professional appearance that evokes the client’s trust
Adheres to all bank policies and procedures and to internal controls and system access restrictions
Discretion and dedication to protecting the financial privacy of clients, business partners, and the Bank.