What are the responsibilities and job description for the Credit Analyst position at Texas Bank?
Company Description
Texas Bank, based in Henderson, TX, is a community bank dedicated to providing personalized financial services and exceptional customer satisfaction to the communities it serves. The bank focuses on meeting the needs of individuals, businesses, and organizations in its hometowns.
Role Description
This is a full-time on-site role for a Credit Analyst at Texas Bank. The Credit Analyst will be responsible for the credit analysis of the bank’s commercial and agriculture loans. This individual will work in conjunction with commercial loan officers and management to provide a thorough credit analysis of commercial and agricultural loans through identifying strengths and weaknesses, providing recommendations, and identifying any deviation from loan policy; all of which will be summarized within a credit presentation to include, a loan request worksheet, a detailed narrative of the customer(s), and financial statement spreads.
Qualifications
- Bachelor's degree in business, finance, accounting, or related field (or equivalent work experience)
- Attention to detail and accuracy
- Ability to work well under pressure and meet deadlines
- 1 year of banking industry experience
Essential Functions
- Initial due diligence, analysis, and underwriting of commercial and agricultural transactions.
- Analyzes financial statements and produces thorough credit memorandums for loan transactions.
- Prepares written reports which include: credit profile of the borrower and guarantors; economic and market conditions as related to company and industry; in-depth historical financial analysis; in-depth projection financial analysis, including the performance of “what if” scenarios that test the reasonableness of projections; in-depth analysis of the secondary sources of repayment such as collateral; and in-depth analysis of a guarantor’s financial position.
- Attend meetings relating to prospective and current borrowers to support the credit presentation and assist with the questions/concerns of committee members.