Ascentium Credit Analyst
About The Position
At Ascentium Capital, the Credit Analyst evaluates commercial loan applications for new loan transactions as well as for processing annual loan reviews on existing borrowers. Ascentium Capital, a division of Regions Bank, provides convenient access to financing for business equipment and technology and serves small organizations to Fortune 500 companies with programs that benefit manufacturers, distributors and direct to businesses nationwide. Our finance specialization covers several segments, including technology, healthcare, hospitality, franchise, commercial vehicles, and other markets. We strive to be the premier provider of customized finance programs that add value to our customers' businesses.
Requirements
- Bachelor’s degree in Business Administration, Finance, or a related field
- Seven (7) years of experience in commercial/bank underwriting or related experience
- Ability to learn additional systems as needed
- Ability to manage multiple priorities
- Ability to research, analyze data, and derive facts
- Ability to work in a team environment when applicable
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong attention to detail and proof-reading skills
- Strong skills in calculating financial ratios
- Strong understanding of personal and business credit reports
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
Nice To Haves
- Experience with Fair Isaac credit models
- Completion of a formal bank underwriting training
Responsibilities
- Reviews and analyzes complex credit information in order to make appropriate credit decisions within established policies and regulations
- Initiates, completes, and submits accurate credit-related reports and documentation on a timely basis in accordance with established business processes and assists the origination channels in achieving business goals and objectives
- Participates in the development, implementation, and maintenance of uniform credit policies and procedures to ensure consistency and enhance external and internal customer satisfaction
- Orders and reviews loan documentation and researches any issues as needed
- Gathers and maintains financial background information on present and prospective customers and develops credit studies for loan officers and committees as needed
- Develops, implements, and maintains uniform credit policies and procedures to ensure consistency and enhance external and internal customer satisfaction
- Works closely with the senior executives on all business opportunities and issues related to credit policies and credit decisions
- Coordinates communication between the sales team, potential customers, and the review committee on credit, underwriting, and funding related issues
- Works in conjunction with the appropriate managers and executives to support each business units' performance goals and service standards
- Provides recommendations and feedback regarding continuous improvement opportunities
- Works under limited supervision following established guidelines and procedures
- Provides advice and guidance to junior specialists as needed
Benefits
- Incentive eligible
- Discretionary incentive plan
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
