Underwriting Analyst

ANB Bank has financial strength embodied in over $3 billion in assets and ranks in the top 8% of banks nationwide by size and is a true community bank with an unwavering commitment to excellence. The bank helps each of its communities prosper through investment, sponsorship, philanthropy, and employee volunteerism. It is a passion ANB has for banking that makes the difference. 

ANB Bank hires individuals who provide excellent customer service and build meaningful relationships with our customers and within our communities. ANB is committed to rewarding our team members who strengthen our company and culture. ANB offers competitive compensation and a comprehensive benefits package for this position.

• Hiring Pay Range: $57,080.00 - $67,080.00 per year 
  • The hiring pay range for this position includes an additional $2,080.00 annualized Cost of Living Adjustment added to your base pay range. 

Benefits Package Offered (Subject to Eligibility Requirements)

• Minimum 4 Weeks of Paid Time Off (PTO)
• 11 Paid Holidays
• Medical, Dental, and Vision Insurance 
• Health Savings (HSA), Flexible Spending (FSA), and dependent care spending accounts 
• Company provided Life, AD&D, and Disability Insurance with supplementation options 
• 401(k) plan with discretionary company match and profit sharing 
• Discretionary annual bonus and employee referral incentives
• Employee Assistance Program (EAP) 
• Tuition Reimbursement Program 
• Spanish Communication Assistant Program Incentive
• Employee banking products 

• This position may be eligible to work a flexible work schedule if approved under the Flexible Work Policy.

Summary

• Responsible for supporting the lending activities within a region or market by providing insightful and timely credit analysis of prospective and current borrowers, including interpretation of financial statements, collateral and cash flows.

Essential Duties and Responsibilities 

• Assist with lender preparation of Credit Presentations for bank Loan Committee.
• Prepare spreadsheets, cash flow analyses, and collateral assessments with commentary in Evalutation of commercial (R/E, Ag, Energy, C&I) loan requests. 
• Perform extensive credit analysis gathering, analyzing, and interpreting all types of credit information on existing and prospective customers prior to the credit decision being made.  This includes but is not limited to: 
  • Analysis of business and personal financial statements such as balance sheets, income statements, cash flow statements, and credit reports. 
  • May also include analysis of customer performance compared to peer industry averages. 
• Meet with lenders to gather information to support credit analysis. 
• Investigate all available sources of credit and financial information, including reporting services, credit bureaus, and agencies. 
• Review appraisals, environmental reports, title reports, and loan documents for collateral property. 
• When appropriate, review and analyze property financial information to determine actual income, expenses, and projected debt service coverage. 
• Interact with accountants and attorneys at direction of management, when necessary to perform analysis. 
• Research and/or develop credit information for use by senior credit staff, lenders, or other credit officers in lending decisions on new loans, renewals, and extensions. 
• Update spreadsheets, cash flow analyses, collateral assessments, and financial statements for term loan reviews.
• Maintains consistent compliance with Bank Secrecy Act (BSA) requirements, banking regulations, and bank policies and procedures related to the position. 
• Must meet established deadlines and deliver quality of services as defined by department standards. 
• Other duties may be assigned.

Education and/or Experience 

• 0 - 2 years related experience in analyzing financial data and lending strategies to estimate degree of risk involved in extending credit; or equivalent combination of education and experience. 
• Previous knowledge of sound lending and underwriting principles, industry standards, and regulatory compliance.
• Previous knowledge of financial spreading systems, such as Moody's or equivalent. 
• Preferred degree experience or certification in accounting, real estate, or finance; or equivalent combination of education and experience. 
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential function. 

Equal Opportunity Employer / Affirmative Action / Minorities / Female / Disability / Veteran

ANB Bank is committed to providing Equal Opportunity in Employment. The Bank is continually trying to improve recruitment, employment, development and promotional opportunities for its employees. Our selection decisions are based on job-related factors and not on the basis of age, race, sex, color, religion, national origin, disability, sexual orientation, veteran status, pregnancy, marital status, genetic information, gender identity, or any other status protected by federal, state, or local law. 

ANB Bank complies with the Equal Pay for Equal Work Act.  ANB Bank requests that Applicant not disclose its wage rate history to ANB Bank.  If ANB Bank for any reason comes into possession of Applicant’s wage rate history, ANB Bank will not rely on it in determining a wage rate. ANB Bank requests that applicant not provide information on age, date of birth or graduation date from any academic institution, including on resumes. 

Anticipated Date of Application Window Closure: 05/08/2024