Middle Market Credit Analyst

SouthState Bank•Charlotte, NC

8d•Hybrid

About The Position

The Middle Market Credit Analyst is responsible for supporting Portfolio Managers in evaluating the creditworthiness of borrowers, analyzing financial statements, and preparing detailed credit write ups and recommendations to support loan decisions. This role plays a critical part in mitigating risk and ensuring the soundness of the bank’s Middle Market lending portfolio.

Requirements

Understanding of financial statements, accounting principles, and cash flow analysis.
Excellent written and verbal communication skills.
Detail-oriented with strong organizational and time-management abilities.
Ability to handle and prioritize multiple tasks.
Ability to work independently and collaboratively in a fast-paced environment.
Proficiency in Microsoft Excel, Word, and financial analysis software.
Bachelor’s degree in Finance, Accounting, Economics, or a related field
1+ years of experience in credit analysis, banking, or financial services preferred.

Responsibilities

Monitor and review existing loan relationships for performance, covenant compliance, and early warning signs of deterioration.
Prepare annual and periodic reviews and CLARs with oversight.
Manage administrative aspects of the portfolio including financial statement receipt, credit file maintenance and reporting.
Take appropriate remedial actions to resolve deficiencies and escalate questions to the appropriate level when necessary.
Participate in special projects.
Conduct thorough financial analysis of commercial loan applicants, including examination of balance sheets, income statements and cash flow statements.
Understand and evaluate completed spreads for necessary edits working in collaboration with the spreading team.
Assess credit risk and identify key financial, operational, and industry factors impacting a borrower’s ability to repay.
Support the preparation of comprehensive credit memos with recommendations for new credit requests, renewals, and modifications.
Complete the underwriting process from beginning to end for deals of limited complexity with minimal oversight.
Collaborate with Bankers, PMs, and Credit Officers to present findings and support credit decisions.
Stay informed on industry trends, economic conditions, and regulatory developments that may affect credit risk.
Ensure compliance with internal credit policies and procedures.
Provides mentoring and guidance to other Credit Analysts.