Commercial Credit Analyst
Purpose of Position: Facilitate the Commercial lending activities of the bank through timely and thorough analytical work. Ensure analytics employed are appropriate, well balanced and stress tested. Substantiate that loan structures, collateral packages, covenants, guarantees, strengths, weaknesses and risk ratings are appropriate relative to the risk present. Comply with all applicable bank, lending policy and regulatory requirements.
Requirements of Position:
Educational Requirements: Bachelors or MBA degree in related field or directly equivalent work experience.
Experience Desired: A minimum of one year commercial credit underwriting with a commercial lender or provider. Sound knowledge and experience in Commercial & Industrial, Investor Real Estate and Agricultural lending. Intermediate understanding of accounting methodologies, loan structuring and regulatory requirements. Strong ability to interpret and extract pertinent analytical insights from financial statements, tax returns, projections, cash flows and other disclosures.
Primary Duties and Responsibilities
Complete underwritings on new, increased and modified loan requests.
Complete annual reviews/renewals and extensions on existing borrowing relationships.
Complete interim analysis, covenant checks, financial statement spreads and other related requests.
Manage and/or assist in portfolio management requirements such as; upcoming loan maturities, the financial statement collection process, covenant tracking, exception tracking, delinquency process, floor plan management, extension and annual review tracking, pipeline reporting, risk rating change reports, NACIS coding and reporting and quarterly criticized and classified reports.
Maintain assigned departmental policies, procedures and practices. Assist in or provide training and support to applicable parties for proper adherence. Comply with all departmental, bank and regulatory requirements.
Assist in the resolution of and response to applicable Compliance, Internal Audit, Loan Review and Regulatory findings.
- Assist in the proper administration of credit and legal file record keeping, maintenance and retention.