Credit Analyst - FineMark

Commerce Bank

4d•Onsite

About The Position

The main purpose of this job is to draft credit write-ups for commercial, consumer and residential loans. This role also inputs financial reports to analysis software, prepares financial analysis, and conducts credit investigations. Aids with the maintenance of loan requirements, loan portfolio monitoring and reports.

Requirements

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations
Ability to write reports, business correspondence, and procedures
Ability to effectively present information and respond to questions from groups of managers, customers, the public or professional peers
Ability to work with mathematical concepts such as statistical inference and apply concepts such as fractions, percentages, ratios, and proportions to business related situations
Aptitude for detecting errors or deficiencies in the customer’s financial statements, analyze cash flow and bring to the attention of the loan officer
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Ability to create new word processing and spreadsheet files using generally accepted formats
Ability to use database programs and other banking specific programs and to access reports, use software documentation and help features
Aptitude for learning advanced features and specialized software programs
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook
Bachelor’s degree in Business or equivalent combination of education and experience required
2+ years related experience preferred

Nice To Haves

Ability to prepare loan packages and understand financial analysis preferred
Credit analysis, banking, loan administration and financial statement analysis experience preferred

Responsibilities

Draft credit write-ups in standard format. Prepare summary of facts concerning credit worthiness for new, renewal, and extension loans based on Loan Officer input and analysis of financial data.
Track and enter customer information, financial statements, tax returns and related material using designated software or other analysis programs. Analyze financial conditions and collection trends, reviews, and reports non-compliance with loan covenants.
Create and generate reports to analyze the overall financial condition of the loan portfolio utilizing report writing software. Assist to identify any changes in the portfolio’s condition.
Conduct periodic reviews of credit files and document files to ensure maintenance of required documentation relative to the Bank’s established standards and annual internal/external audits of the loan portfolio and loans pledged as collateral to the Federal Home Loan Bank (FHLB)
Prepare FHLB qualifying loan reports each month for prior month’s mortgage originations to determine their eligibility as collateral under FHLB funding guidelines
Order appropriate documentation based on approved credit arrangement sheet and prepare documentation request for submission to loan processing
Assist loan officers with financial analysis questions
Back-up loan administration with all facets of the loan documentation process
Maintain profitability updates; prepare correspondence and handle various projects assigned by manager, supervisor, or loan officers
Complete loan packages in accepted internal format and respond to questions from Loan Administration
Communicate directly with the applicant/customer regarding application and/or loan related questions, if requested by Loan Officer
Attend educational programs appropriate to current or future responsibilities
Perform other duties as assigned