Credit Analyst

ServisFirst Bank•Birmingham, AL

10d

About The Position

The Credit Analyst is responsible for determining the creditworthiness of potential clients based on financial statements, borrowing history and market conditions. The analyst uses tools such as financial models, credit reports and key ratios to prepare appraisals which are provided for purposes of loan review and approval as well as to determine terms of the loan. The incumbent will:

Requirements

Bachelor’s degree in Finance, Accounting or a related field
Minimum two (2) years’ 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 multi-task
Ability to work independently with little supervision
Working knowledge of collateral instruments (i.e. letter of credit, UCC filings, and personal/corporate guarantees)

Nice To Haves

RMA and/or Moody training is a plus

Responsibilities

Conduct financial analysis and underwriting of credit for new loan requests and loan maturities
Contact Loan Officers to request necessary financial information for analysis such as balance sheets, tax returns and financial statements
Determine the strength and/or weakness of the client’s credit to determine the terms of the loan
Run reports that show past or current maturities and request necessary information
Occasionally prepare underwriting/credit memos after collecting all financial information and circulating memos for approvals from the appropriate parties
Generate/compile various monthly reports including but not limited to past due loans, maturing loans, collateral exception reports, outstanding appraisal fees, loan type summaries and internal credit administration reporting
Generate/compile the board report and other various ad hoc reports as requested
Track borrowing base and marketable securities
Maintain and update nCino system
Respond to subpoenas dealing with credit information
Order appraisals, conduct appraisal reviews and serve as liaison for appraisal vendors
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies