Credit Monitoring Analyst - Houston/Lubbock/DFW

Prosperity Bank • Lubbock, TX

10h • Onsite

About The Position

Responsible for verifying accuracy of financial statements, analyzing credit and financial reports to ensure all documents comply. The role involves calculating and analyzing financial ratios to monitor borrower compliance with loan documents, calculating availability on Lines of Credit, and comparing loan underwriting to loan documents to ensure all agreed-upon requirements are present in legal documents. The analyst will also provide guidance to lending staff, create and send default notices, and participate in preparing periodic reports. A key aspect of this role is understanding and ensuring compliance with Credit and Regulatory Policies.

Requirements

• Bachelor’s degree, preferably in finance, accounting, or business administration with a minimum of a 3.0 GPA.
• Proficient in Microsoft Word, Excel, and Outlook.
• High level of confidentiality required.
• Must be detail oriented with strong analytical abilities.
• Must have strong interpersonal, verbal, and written communication, time-management, and organizational skills.
• Must be able to work in a team environment, take initiative, and show solid work ethic.
• Must have the ability to make appropriate judgements and decisions with limited guidance.
• Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision.
• Ability to maintain confidentiality and instill trust within the organization.
• Reasoning Ability: Ability to apply common sense understanding to carry out simple one or two step instructions and to deal with ordinary, standardized situations.
• Mathematics Ability: Ability to perform very basic math skills including adding, subtracting, multiplying, and dividing two-digit numbers; the four basic arithmetic operations with money; and operations with units such as inch, foot, yard; ounce, and pound (or their metric counterparts).
• Language Ability: Ability to use passive vocabulary of 5,000-6,000 words; read at a slow rate; and define unfamiliar words in dictionaries for meaning, spelling, and pronunciation. Ability to write complex sentences, using proper punctuation, and using adjectives and adverbs. Ability to communicate in complex sentences, using normal word order with present and past tenses and good vocabulary.

Nice To Haves

• Prefer prior experience in a financial institution.

Responsibilities

• Verify accuracy of financial statements and other reporting requirements provided by the borrower per the terms of the loan agreement.
• Calculate and analyze financial and other ratios to monitor the borrower’s compliance with loan documents.
• Calculate availability on Lines of Credit based upon Borrower’s provided financials.
• Compare loan underwriting to loan documents to ensure all requirements agreed upon are present in the legal documents.
• Provide guidance to lending staff in creating and monitoring financial ratios required of borrower.
• Create and send default notices when the borrower is out of compliance with loan agreement requirements.
• Participate in the preparation of various reports on a periodic basis.
• Exhibit an understanding of and ensure compliance with Credit and Regulatory Policies.
• All other duties as needed or assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level