Senior Credit Analyst
About The Position
Senior Credit Analysts represent the Bank and provide analytical and administrative support to its commercial, commercial real estate, and consumer lending departments. They lead the credit analyst team and work directly with the Chief Credit Officer. The role includes mentoring and training analysts, conducting credit investigations and financial analysis, managing loans, and maintaining early warning systems. The analyst evaluates complex commercial loan requests, assesses borrower and guarantor financial conditions, identifies risks and mitigations, and recommends risk-grade changes. The role also includes reviewing collateral, conducting market and industry analyses, proposing loan structures, supporting credit policies and procedures, managing projects, maintaining customer credit obligation reports, and performing loan reviews as requested.
Requirements
- Five to seven years of prior credit analysis experience.
- Bachelor’s degree, or equivalent experience.
- Knowledge of banking industry practices related to commercial banking.
- Superior analytical skills.
- Strong negotiating, written, verbal, and interpersonal skills, including the ability to maintain confidentiality as appropriate.
- Understanding of complex financial statements and personal and corporate tax returns.
- Proficiency with Microsoft Office products, including Word, Excel, Access, and PowerPoint, and financial statement spreading software.
- Expert computer skills, including experience with loan origination software and Microsoft Office applications, particularly Word and Excel.
- Expert understanding of business intelligence and database tools and applications.
- Initiative, thoroughness, accuracy, organizational skills, attention to detail, sound judgment, and effective time management.
- Ability to work independently, coach and develop others, provide feedback and training to new analysts, and plan and conduct special projects or assignments.
Nice To Haves
- A major in business, finance, or accounting; other majors with a business minor are also acceptable.
Responsibilities
- Analyze financial statements and apply knowledge of commercial credit, commercial banking, and banking policies.
- Assess complex commercial loan requests by reviewing borrower financial statements, cash flow statements, balance sheets, tax returns, personal financial statements, and collateral appraisal reports.
- Identify risks and mitigations, assess collateral guarantors’ financial condition, and prepare sensitivity analyses.
- Conduct market and industry analyses covering customers, competitors, suppliers, and new entrants.
- Contribute to policies and procedures that safeguard the Bank’s commercial credit operations.
- Propose alternative loan structures and recommend changes in risk grades.
- Oversee projects by planning, assigning, monitoring, and reviewing work and evaluating results.
- Manage multiple projects, time, and resources to meet established deadlines.
- Use appropriate software to provide borrowers with financial statement information, review financial analysis reports, and serve as a technical resource for credit software.
- Keep up to date on laws and regulations affecting the organization’s credit practices.
- Provide and maintain credit obligation reports for Bank customers.
- Lead, mentor, and train credit analysts, interns, and analyst interns; provide feedback and support their development.
- Perform loan reviews as requested by the Lead Loan Review Analyst or Credit Administration Manager.
Benefits
- Annual paid volunteer time off.
- Charitable-matching opportunities.
- Professional growth opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
