Credit Analyst Jobs

About The Position

Requirements

• Bachelor’s degree in business administration from an accredited college or university in finance, accounting or related area.
• Minimum of 9 hours of accounting courses.
• Minimum of 2-5 years of experience in commercial credit analysis in a banking environment. This experience should include spreading, financial statement analysis, and drafting comprehensive C&I and/or CRE credit memorandums for large and/or complicated transactions and borrowers. Other professional analytical experience may be acceptable.
• General proficiency in computer applications.
• Advanced proficiency in Microsoft Excel and an ability to understand and produce complex and professional spreadsheets. Ability to produce thorough and professional written reviews and reports.
• Excellent technical writing skills. Must be able to clearly, concisely, and accurately relate complicated information in an understandable format.
• Ability to read, analyze, and interpret the most complex legal and financial documents.
• Ability to thoroughly research and evaluate information to make decisions and solve problems.
• Ability to apply principles of logical or technical thinking to a wide range of intellectual and practical problems. Ability to deal with a variety of abstract concepts.
• Ability to effectively and persuasively write technical memorandums, participate in impromptu discussions, and give speeches covering complex topics to top management, public groups, and/or boards of directors.
• Ability to work in a high-volume environment and meet deadlines.
• Strong time management skills and an ability to prioritize daily workflow.
• Ability to respond effectively to the most sensitive inquiries or complaints.
• Must be detail-oriented, analytical, and have a passion for problem-solving.
• Must have a high level of self-motivation and an ability to work independently with minimal day-to-day supervision.
• Must exhibit good judgment.
• Must have a high degree of self-confidence, with the ability to provide justification for decisions and the ability to be flexible in adapting to the needs of various parties.
• Must be dependable, punctual, and reliable in the production of work.
• Manual dexterity sufficient to reach/handle items and work with fingers. Works with fingers and perceives attributes of objects and materials.
• Must be able to remain in a stationary position 90% of the time.
• The person in this position needs to occasionally move about inside the office to visit other offices, conference rooms, office machinery, etc.
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
• Constantly positions self to operate on a computer.
• The person in this position frequently communicates with other people throughout each day. Must be able to exchange accurate information when conversing.

Nice To Haves

• MBA or other related advanced degree.
• 12 hours of accounting courses, including Intermediate Accounting I or equivalent.

Responsibilities

• Evaluates the level of risk posed to the Bank from borrowers, transactions, collateral, and industries.
• Analyzes and evaluates complex financial information, loan data, market data, and other information for companies and industries.
• Produces analysis for new, renewal and existing loans, using data provided from financial statements, tax returns, industry sources, credit bureaus, and other sources.
• Prepares memorandums, spreadsheets, reports, summaries and opinions for credit committee and officers for use in lending decisions. These work products may include credit investigations of companies and industries; economic and market conditions; in-depth historical financial analysis; in-depth projected financial analysis; “what if” scenarios that test the reasonableness of projections; collateral analysis; and the financial analysis of individuals.
• Creates, reviews, and updates new and existing reports for Southside Bank’s loan portfolio analysis and tracking, as needed.
• Provides technical advice and assistance to loan officers, as needed.
• Attends meetings, as appropriate, and is available to answer questions regarding credit analysis.
• Participates in customer meetings, as needed.
• Maintains knowledge of current and emerging legal, compliance, and market matters involving commercial lending.
• Participates in special projects and assignments and performs other duties as assigned.
• Maintains confidentiality of all sensitive Bank information.
• Maintains a positive and caring atmosphere for customers and employees consistent with Southside Bank’s mission, CORE Values, and Blue Book culture guide.
• Provides enthusiastic, professional, and courteous service to Southside Bank customers and employees.
• Participates in proactive team efforts to achieve departmental and company goals.
• Understands and agrees to abide by the policies and procedures established at Southside Bank.
• Responsible for complying with audit policies and procedures as they pertain to this position.
• Performs duties in compliance with applicable laws and regulations, including but not limited to the Bank Secrecy Act (BSA) and related anti-money laundering laws, and in accordance with the Bank’s Information Security Program.
• Must comply with all applicable laws and regulations.
• Complies with all safety policies, practices, and procedures. Report all unsafe activities to supervisor and/or Human Resources.
• Performs additional duties, as assigned or directed.