Senior Credit Analyst II

S&T Bank•West Chester, PA

21h•$65,000 - $154,000

About The Position

Responsible for Evaluating loan requests typically between $10,000,000 - $20,000,000 for appropriate structure and acceptable use of loan funds. Providing an independent analysis of credit quality for the most complex loan relationships at the bank to determine borrower's financial condition and ability to repay. Concentrating on middle market, upper middle market, syndications, shared national credits, complex participations and land acquisition and development loans with a focus on REITs and Asset Based Lending transactions and other specialized lending as needed. Reviewing credit facility requests to determine compliance with Corporate policies and procedures and ensuring that proposed transactions comply with government regulation. Preparing highly accurate credit approval documents with minimal supervision, in accordance with Department procedures, which outline the material strengths and weakness of the proposed transaction(s). Assigning appropriate risk ratings to borrowers or specific loans. Perform reviews on banks engaged in buy-side or sell-side participations or syndications with the bank. Mentor junior analysts on underwriting specialized products including land acquisition and development loans, REITs and Asset Based Lending. Provide periodic training to Credit Department analysts on underwriting specialized products including land acquisition and development loans, REITs and Asset Based Lending.

Requirements

Requires a four-year college degree or equivalent with specialization in accounting, finance or economics with minimum of six hours in accounting.
Requires ten plus years of general business experience and ten plus years specialized experience in credit analysis, REITs and ABL transactions.

Responsibilities

Determines whether information submitted for underwriting meets bank policy and procedures as well as regulatory requirements for commercial credit applications.
Researches and accurately interprets commercial loan documentation, agreements, leases, contracts, and other technical documentation of a legal nature. Identifies the documentation necessary to complete a loan documentation file for all commercial products offered and to perfect all types of collateral.
Reviews loan terms and conditions and transaction sources and uses for complex requests to determine appropriateness of loan structure and reasonableness of loan purpose. Identifies improper structure and makes recommendations to Relationship Managers, lending management and/or credit approval authorities for improving loan structure.
Conducts background checks and credit bureau inquiries via third party vendors to prevent fraud and assess the overall character of credit applicants.
Expert in the analysis of higher-risk and/or specialized industries common in commercial lending transactions, including but not limited to: REITs, Asset Based Lending, automobile dealers, land acquisition and development, energy companies, contractors, healthcare providers and municipalities.
Utilizes advanced financial and quantitative analyses techniques to evaluate financial and related information to gauge borrower's overall ability to repay debt as well as to assess financial performance relative to peer companies, industry benchmarks or other standards of performance.
Interprets and resolves complex financial problems and questions, including the identification of required variables and data sources, proper adjustment of stated financial figures, finding solutions from incomplete or fragmentary information, and following through with all appropriate calculation steps.
Recommends appropriate financial covenant structures for larger commercial loan transactions. Designs financial covenant definitions to be utilized in the commercial loan agreement.
Identifies significant credit issues during the underwriting process through a comprehensive listing of major strengths and weaknesses in the proposed loan transaction(s). Responsible for defending positions taken.
Prepares the entire underwriting document utilized by executive management to approve loans for the highest credit risk exposures. Ensures that documents are accurate with a high level of detail. Ability to thoroughly document the approaches taken and to defend all assumptions utilized in the credit analysis.
Assigns appropriate risk ratings to proposed loan transactions, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Defends assigned risk ratings.
Occasionally accompanies lending officers on calls with significant commercial loan customers. Provides support in identifying the appropriate information to be gathered from customers for new loan requests.
Provides guidance and oversight to Credit Analyst I, II and Ill employees, especially in regard to specialized products such as land acquisition and development, REITs and Asset Based Lending.
Conducts periodic training for analysts on specialized products including land acquisition and development, REITs and Asset Based Lending. Will be involved with the development of Credit Department procedures and methodologies.
Responsible for managing a credit team in the absence of Credit Vertical Managers.
Assumes additional duties as requested, including special projects.
Annual due diligence of the list of banks engaged in buy-side or sell-side participations or syndications with the bank. Ad hoc due diligence analysis for new banks.