CREDIT ANALYST
SUMMARY:
This position evaluates the credit worthiness of commercial loan customers. The Credit Analyst is responsible for contributing to the loan decision-making process, providing in-depth credit analysis of new and existing customers for the bank. A credit analyst must be able to effectively report results and decisions orally and in writing. They must also be able to work on multiple credits at the same time and prioritize them properly. All other duties and responsibilities as assigned.
ESSENTIAL DUTIES, RESPONSIBILITIES, SKILLS:
- Spread and analyze financial information for new and existing borrower relationships, evaluating the financial health of the borrower(s)
- Prepare presentations of proposed loans, including objective recommendations regarding the credit worthiness
- Prepare annual reviews and credit memos
- Understand and communicate the degree of risk involved in extending credit by developing and evaluating primary, secondary and tertiary sources of repayment in addition to understanding liquidity and leverage of the borrower
- Assist with bank audits
- Assist in maintaining loan files for adequate and current financial information and documentation
- Assist with floor plan audits
- Effectively communicate with members of the credit team, loan officers and others as required
- Assist in the generation of departmental reports as assigned
- Assist with credit or loan administration areas as needed
- Log, image & file credit related documents as necessary
SUPERVISORY RESPONSIBILITIES:
None