Sr Credit Analyst
About The Position
Mississippi Land Bank is seeking a Senior Credit Analyst to assist loan officers in the analysis, servicing, and reporting of the association’s loan participations, mortgage and commercial loans. This role involves performing credit and financial analyses on complex/multi-entity loan originations, monitoring and due diligence review of various loan packages/opportunities, and review, reporting, compliance, and loan servicing activities. The Senior Credit Analyst will be a fully competent, senior-level professional responsible for broad and complex assignments requiring originality, ingenuity, and leadership, with appreciable latitude for decision-making and working under minimum supervision. This position may also serve as a Team Leader and provide mentoring/training to less-senior credit analysts.
Requirements
- Bachelor’s degree in Finance, Business Administration or a related field, or equivalent experience.
- Five (5) or more years of experience in the administration and analysis of complex credits on commercial and mortgage loans.
- Experience in structuring and evaluating complex loan participations, credit relationships, and analyses of direct loans.
- General knowledge of accounting/financial systems.
- Specialized knowledge of accounting and/or finance principles.
- Skilled in oral and written communication.
- Intermediate skill level in Microsoft Office applications.
- Ability to perform complex accounting/financial analyses under limited supervision.
Responsibilities
- Performs credit administration, financial analysis, monitoring and due diligence review of various financial packages and loan originations for the association and other reports as requested by management.
- Analyzes financial information including balance sheets, income statements, cash flow and tax returns to form an opinion of the strengths, weaknesses and risks associated with loan packages. Determines probability of default (PD) ratings as appropriate and makes recommendations for approval or denial of loans.
- Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
- Complies with proper credit administration practices as outlined in the association’s policies and procedures.
- Participates in the development of loan relationships with other lenders, potential borrowers, applicants, members, participants and loan referral sources.
- Assists in the development and closing of complex loans by assisting management and loan officers with analysis and negotiation of such credits.
- Acts upon association prior approval loans and loan servicing actions within personal delegated authority and prepares recommendations for loan committee on loans exceeding such delegated authority.
- Interprets, communicates, and provides guidance to loan officers regarding association lending policies and procedures.
- Interprets and acts upon various legal, title and other questions which may arise on loans.
- May assist in developing and administer lending programs, as well as developing and revising operating procedures relating to lending operations.
- Provides mentoring/training to less-senior credit analysts.
- Assists other association personnel in completing projects as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
