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, work directly with the Chief Credit Officer, mentor and train analysts, conduct credit investigations and financial analysis, manage loans, and oversee early warning systems. The role analyzes complex commercial loan requests, borrower and guarantor financial conditions, collateral, and market and industry factors. It also contributes to credit policies and procedures, proposes loan structures, oversees projects, maintains customer credit-obligation reports, performs requested loan reviews, and stays current on laws and regulations affecting credit practices.
Requirements
- 5–7 years of prior credit analysis experience.
- Bachelor's degree; a business, finance, or accounting major is preferred. Other majors with a business minor are acceptable, as is equivalent experience.
- Knowledge of banking industry practices related to commercial banking.
- Superior analytical skills and an understanding of complex financial statements and personal and corporate tax returns.
- Strong negotiating, written, verbal, and interpersonal skills, including the ability to maintain confidentiality as appropriate.
- 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 MS Office, particularly Word and Excel.
- Expert understanding of business intelligence/database tools and applications.
- Initiative, thoroughness, accuracy, organization, attention to detail, sound judgment, and time management.
- Ability to work independently, coach and develop others, provide feedback and train new credit analysts, and plan and conduct special projects or assignments.
Nice To Haves
- A business, finance, or accounting major is preferred; other majors with a business minor are acceptable.
Responsibilities
- Analyze financial statements and apply knowledge of commercial credit, commercial banking, and banking policies.
- Prepare concise analyses of risks and mitigations for complex commercial loan requests by reviewing borrower financial statements, tax returns, personal financial statements, and collateral appraisal reports.
- Assess the financial condition of collateral guarantors and prepare sensitivity analyses.
- Conduct market and industry analyses, including customers, competitors, suppliers, and new entrants.
- Contribute to policies and procedures that safeguard the Bank's commercial credit operations.
- Propose alternative loan structures.
- Oversee projects by planning, assigning, monitoring, and reviewing work and evaluating results.
- Manage multiple projects, time, and resources to meet established deadlines.
- Provide borrowers with financial statement information using appropriate software, 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.
- Recommend changes in risk grades when appropriate.
- Provide and maintain credit-obligation reports for Bank customers.
- Mentor interns and analyst interns; coach, develop, provide feedback to, and train credit analysts.
- Perform loan reviews as requested by the Lead Loan Review Analyst or Credit Administration Manager.
Benefits
- Annual paid volunteer time off.
- Charitable-matching opportunities.
- An array of benefits.
- Professional growth opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
