CREDIT ANALYSIS & ABL DEPARTMENT MANAGER

Position is responsible for department operations, managing/training of analysis staff, and adherence to underwriting policy and procedures. Assists officers with commercial loan function by leading team responsible for review of commercial borrowers.  Accompanies officers when calling on customers if requested. Manages team responsible for analyzing financial and credit information pertaining to diversified types of commercial loans. Manages function that maintains control over credit requirements of asset-based lending loans. Provides assistance to loan officers related to the credit analysis and ABL function as requested.  

Primary:

1. Manager of Credit Analysis Department
   1. Oversee all operations and manage department staff, including but not limited to review of all credit package submissions for relevant data needed for an analysis.
   2. Maintain pipeline of analysis assignments to ensure appropriate turn-around of assigned requests.
   3. Review write ups by analysts for accuracy and impact in relation to bank policy.
   4. Assist in credit analysis package preparation, if needed.
   5. Provide suggestions to improve credit policy.
   6. Promote career path/development of analysts through training opportunities.
   7. Oversees new system implementations as it relates to the credit analysis and asset-based lending functions.
2. Credit Analyst Function

                       a. Reviews all pertinent credit and financial information, including business and personal financial statements, tax returns, and credit reports.

                       b. Determines the need for more thorough investigation or additional information, and contacts appropriate sources for such information.

                       c. Prepares all spreadsheet and related cash flow schedules.

                       d.  Analyzes financial statements and related material.

                       e. Prepares written report detailing facts relating to credit worthiness of borrower to loan officers and committees.

           3. Manager of Asset Based Lending Department

                         a. Oversees the accounting of the Asset Based Lending program for JD Bank’s clients.

                         b. Monitors draw and payments performed by analysts for JD Bank’s clients

                         c. Review audit write-ups by analysts for accuracy and impact in relation to bank policy.

                         d. Assist with credit analysis function as time allows.

Secondary:

1. Performs other duties that may be assigned by Management.
2. Adherence to and support of all compliance and BSA/AML rules and regulations related to this job function. 

1. Bachelor’s degree in business, finance or accounting with 5 years of work related experience.
2. One year of prior supervisory experience.

1. Experienced knowledge of spreading software – Sageworks by Abrigo preferably.
2. Five years of experience operating a computer, ten key number pad, printer, fax machine, and copier are required.  
3. Proficient in Microsoft Excel and Word software.
4. A sound knowledge of accounting principles.
5. A high level of analytical ability in order to determine the level of credit risk.
6. Must have excellent communication skills, human relation skills, and organizational skills.
7. Maintain a high level of company and customer confidentiality.
8. Ability to handle high pressure and high volume of work due to deadline restraints.
9. Must have a professional appearance and manner.

Work schedule will vary depending upon demand, but will consist of an 8-hour shift between the hours of 7:30 a.m. – 6:30 p.m., Monday through Friday.  Occasional overtime may be required.  Regular attendance is required.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to stand; walk; sit;  use of hands and fingers to feel or handle equipment and files;  reach with hands and arms;  and talk and hear. The employee is occasionally required to climb or balance and stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.