Credit Analyst

FirstBank•Birmingham, AL

22h

About The Position

The Credit Analyst supports the Portfolio Manager (PM) and the Relationship Manager (RM) throughout the pre-loan and post-loan process. The Credit Analyst uses tools such as financial models, credit reports and key ratios to determine the continued creditworthiness of existing clients.

Requirements

Strong verbal and written communications; one-on-one and in team environments
Ability to allocate time effectively and independently to prioritize timelines
Strong personal organizational and time management skills
Ability to demonstrate the highest level of ethical behavior and confidentiality and maintain confidentiality with sensitive information
Understand and comply with bank policy, laws, regulations as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity

Nice To Haves

Bachelor’s degree in finance or similar field preferred

Responsibilities

Analyze financials and prepare spreads in the FirstBank underwriting program.
Conduct financial analysis and underwriting for credit for loan modification requests and loan renewals.
Occasionally prepare underwriting/credit memos for new loan requests after collecting all financial information.
Clear collateral exceptions.
Track borrowing base reports.
Test financial covenants in the FirstBank underwriting program.
Monitor past due information and future maturities, alerting the RMs as needed.
Order appraisals.
Prepare, review and monitor reports to ensure FirstBank guidelines for compliance and credit monitoring are being met.
Monitor reports analyzing loan commitments and outstanding balances by customer, loan type, property type, location, size, etc.
Perform the analysis of key financial metrics for input in commercial loan risk rating matrices to ensure accurate stratification of the bank’s commercial loan grading portfolio.
Perform research to maintain current knowledge of industry trends, economic trends and regulatory impacts on borrowers that may affect the ability to repay a loan in their respective portfolio.
Attend meetings and represent the PM and/or RM teams as needed.
Function as part of the RM team as a capable secondary point of contact for commercial clients.
Complete consumer compliance lending courses
Complete two weeks of retail banking training
Provide consistent, distinctive service to all clients when delivering the FirstBank service experience.
Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.
Provide independent analysis of credit requests and provide an effective challenge in loan approval and grading utilizing credit policy.
Ensure source documentation and credit analysis are accurate and timely supported.
Possess a sound knowledge of credit policy and its application to credit requests
Regular and reliable attendance.
Perform other duties as assigned.