Credit Analyst - 317 Credit Delivery

First Trust Bank • Conshohocken, PA

3d • Hybrid

About The Position

The credit analyst’s primary role is supporting the Portfolio Management team of Firstrust Bank in the credit approval process for new lending opportunities and the renewal process for existing loan customers. The analyst will perform underwriting due diligence and assist in the preparation of the credit memorandum that will be presented to the appropriate credit authority.

Requirements

• Demonstrated ability in critical thinking & problem solving
• Demonstrated ability in managing multiple priorities
• Demonstrated ability in being a self-starter
• Detail oriented
• Ability to collaborate with other team members to deliver on results
• Proficient with Microsoft Office (Word, Excel, Outlook)

Nice To Haves

• Bachelor’s degree in Accounting, Finance, or related field
• One (1) to two (2) years relevant internship experience in Banking or Financial Services

Responsibilities

• Analyze corporate and to a limited extent, personal financial statements, tax returns and other financial information provided by the prospect or customer in connection with a new loan request or the renewal/review of existing credit relationships.
• Interpret & understand balance sheets, income statements and statements of cash flow.
• Utilize financial information in the testing of financial covenants.
• Work with the Relationship Manager and Portfolio Manager in the underwriting due diligence and preparation of the underwriting memorandum.
• Assist in the preparation of financial projections and sensitivity analysis.
• Interact with the customers and their financial staff and advisors in the completion of underwriting and due diligence.
• Perform other duties as assigned by the Portfolio Manager Team Leader or Manager.
• Participate in a comprehensive RMA training program and such other training programs as deemed mutually beneficial.
• Participate in a series of “Lunch and Learn” sessions within the bank to learn more about the banks capabilities and specialty areas including outside service partners.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level