Credit Analyst I or II

THE DIME BANK•Palmyra Township, PA

3d•$25 - $48•Onsite

About The Position

The Credit Analyst I or II supports the bank’s credit analysis function by reviewing information on prospective and active borrowing accounts, evaluating borrowers’ financial prospects, and preparing loan presentations and credit documentation. The role coordinates work within the department and with other departments, follows established credit analysis and lending policies, communicates with personnel and responds to information requests, and maintains records and assigned reports. Credit Analyst I analyzes financial data and documents the strengths and weaknesses relevant to lending decisions. Credit Analyst II handles more complex loans, performs appraisal reviews, and provides leadership, on-the-job training, and technical guidance to Credit Analyst I employees. Depending on assignment, the analyst may support lending or loan review functions.

Requirements

For Analyst I, at least one year of related experience is normally required.
For Analyst II, at least two years of experience as a Credit Analyst is normally required.
For Analyst I, basic knowledge of current lending, loan review, and banking regulations, procedures, and operations.
For Analyst II, moderate knowledge of current lending, loan review, and banking regulations, procedures, and operations.
For Analyst I, basic ability to analyze and interpret financial statements.
For Analyst II, moderate ability to analyze and interpret more complex financial statements.
Clearly communicate in English and have proficient reading, writing, grammar, and mathematics skills.
Have moderate interpersonal-relations and communication skills.
Have moderate PC skills, including knowledge of Microsoft Word and Excel.
Have visual and auditory skills.
For Analyst II, have technical skills sufficient to provide guidance and training to Credit Analyst I employees.
Promotion from Analyst I to Analyst II is contingent on the ability to effectively perform multiple tasks, duties, and jobs throughout the division or department.

Nice To Haves

A B.S. degree in a related field of study is preferred.
Specialized financial analysis training.

Responsibilities

Receive information on prospective and active borrowing accounts, including financial statements, agency reports, and interview and investigation sheets.
Analyze borrower data and evaluate the short- and long-term prospects of individuals or companies.
Use the loan origination system to prepare loan presentations covering requested credit amount, terms, structure, borrower information, related borrowings, and depository information.
Identify strengths and weaknesses relevant to granting or denying loans and document recommendations when assigned to a lending function.
When assigned to loan review, potentially suggest a loan grade after conducting a thorough credit analysis and documentation review.
Document financial analysis work, including ratios, risk ratings, and related information.
Conduct credit analysis activities in accordance with prescribed lending policy.
For Analyst II, analyze and present more complex loans, perform appraisal reviews, and provide leadership, on-the-job training, and technical guidance to Credit Analyst I employees.
Follow applicable laws and organizational policies and procedures intended to maintain a workplace free of harassment and illegal discrimination.
Support internal risk-management, safety-and-soundness, and regulatory-compliance policies, procedures, and practices.
Coordinate work with personnel in the department and other departments to facilitate the flow of information.
Communicate with management and staff to integrate goals and activities.
Respond within established time frames and policies to inquiries from bank personnel, customers, and others.
Maintain appropriate records and provide assigned reports.
Perform supportive ancillary tasks as circumstances require.