Jr. Credit Analyst

SOUTHEAST BANK•Knoxville, TN

6d•Onsite

About The Position

BASIC FUNCTION: Review, analyze and document customer financial condition and repayment capacity. ESSENTIAL FUNCTIONS: Assess credit risk. Support underwriting and due diligence for credit transactions Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money. Analyze customer financial statements. Prepare reports that include the degree of risk involved in extending credit or lending money. Complete credit analyses and summarize requests and submit to loan committees for approval. Generate financial ratios, using computer programs, to evaluate customer status. Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. Consult with customers, accountants, and other professionals to verify financial and credit information. Participate in major department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives. Actively participate and communicate in team-based work groups that make up Credit Department. Mentorship and credit review of Jr. Analyst and/or other specified individuals.

Requirements

Organizational and Research skills
Good communication skills to convey information effectively
Detail orientated
Flexibility and ability to multi-task
Critical thinking
Basic accounting and finance principles in the interpretation of customer financial statements.
Effective business writing and professional communication.
Bachelor’s degree in Accounting/Finance preferred.
3+ years of prior experience in Financial Analysis required.
3-5 years knowledge with computer technology including, but not limited to Microsoft Office, Word, Excel, Power Point, E-Mail, and internet navigation.
Maintain up-to-date knowledge of and adhere to all state and federal regulations that pertain to this position including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending.
Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position.

Responsibilities

Assess credit risk.
Support underwriting and due diligence for credit transactions
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Analyze customer financial statements.
Prepare reports that include the degree of risk involved in extending credit or lending money.
Complete credit analyses and summarize requests and submit to loan committees for approval.
Generate financial ratios, using computer programs, to evaluate customer status.
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
Consult with customers, accountants, and other professionals to verify financial and credit information.
Participate in major department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives.
Actively participate and communicate in team-based work groups that make up Credit Department.
Mentorship and credit review of Jr. Analyst and/or other specified individuals.