Credit Analyst

LED FastStart•Jeanerette, LA

11d

About The Position

Responsible for investigating and analyzing credit risks, resolving moderately complex credit problems, making some decisions regarding credit extensions, and reviewing financial information to determine whether loans are likely to be profitable for the bank. The role reviews commercial loan requests and supporting financial documentation, analyzes repayment capacity and collateral, prepares credit memoranda and presentations, and supports loan approvals and annual reviews. It also manages loan distributions and borrowing base certificates.

Responsibilities

Review commercial underwriting requests and verify that required financial documentation has been provided.
Request missing documentation or a waiver signed by the President/CEO when information is incomplete.
Upload financial documentation received by email to Loan Center for new customers or Synergy for existing customers; return documents received through other means to the loan officer.
Review financial analysis memorandums prepared by loan officers for completeness and accuracy, and record missing documents or policy exceptions in ExTrax.
Enter financial information for loan requests over $100,000 into Sageworks to generate a credit memorandum.
Interpret financial documents and compile findings into credit memorandums, analysis documents, and reports.
Prepare pro formas for commercial loan requests involving acquisition of income-producing assets when appropriate information is provided.
Analyze repayment capacity for commercial loan requests based on borrower documentation and information.
Compare liquidity, profitability, and credit histories with similar individuals or businesses to assess risk.
Complete collateral analyses when necessary, including renewals secured by real estate and lines of credit secured by accounts receivable.
Provide completed credit analyses to loan officers.
Prepare credit-analysis presentations and loan-request summaries for submission to the Loan Committee and/or Board of Directors; upload signed and approved credit packages to Loan Center after approval.
Attend monthly Loan Committee and Board meetings and quarterly Loan Officer meetings.
Maintain the annual review spreadsheet, identify required financial documentation, provide loan officers with portfolio lists, and update records as documentation is received.
Prepare annual financial analyses for loan relationships with cumulative debt greater than $1,500,000 to support accurate loan risk ratings.
Notify loan officers when annual reviews are complete, check for their comments and signatures, notify the Loan Supervisor when a risk-rating modification is required, and scan completed reviews into Synergy and update the Annual Review Log.
Monitor the loan distribution program, process draw requests, verify required documentation, complete disbursements, and confirm and update the status of prior-day disbursements.
Prepare monthly borrowing base certificates for revolving lines of credit secured by accounts receivable when the line has a balance.
Monitor the borrowing base certificate tracking log, obtain and review monthly accounts receivable aging reports, prepare certificates according to loan requirements, upload or route completed certificates for upload to Synergy, and maintain related ticklers.