What are the responsibilities and job description for the Credit Analyst 1 position at Arvest Bank?
Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits .
Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.
Location: 6300 Nall Ave, Mission, KS.
Summary:
SUMMARY: With close supervision, incumbents analyze and project credit and financial information for less complex commercial loans. Incumbents review all pertinent credit and financial information on a borrower and proposed borrower including reporting services, credit bureaus, other companies, financial statements, credit files, etc. The incumbents conduct financial analysis on borrowers to assess the ability to repay loans, monitor trends and conditions, and to determine and alert senior staff and managers as to potential problem situations which surface from analytical research.
We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
QUALIFICATION REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions .
EDUCATION and/or EXPERIENCE:
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Grade 13
Pay Range: $21.89 - $26.00 per hour
Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.
Location: 6300 Nall Ave, Mission, KS.
Summary:
SUMMARY: With close supervision, incumbents analyze and project credit and financial information for less complex commercial loans. Incumbents review all pertinent credit and financial information on a borrower and proposed borrower including reporting services, credit bureaus, other companies, financial statements, credit files, etc. The incumbents conduct financial analysis on borrowers to assess the ability to repay loans, monitor trends and conditions, and to determine and alert senior staff and managers as to potential problem situations which surface from analytical research.
We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Analyze and spread financial statements and related material for less complex commercial loans.
- Provide assistance in the preparation and presentation of loan proposal packets for the Loan Committee meetings.
- Following defined parameters, determine the need for a more thorough research or additional information and work with the Commercial Bankers to obtain the needed information.
- Oversee and maintain an up-to-date computer system to spread, analyze, and project financial statements.
- Prepare reports to be used by the Commercial Bankers and loan committees.
- Prepare summary reports, present facts, and offer recommendations concerning credit-worthiness and the ability of the customers to repay loans.
- Utilize current methods and procedures to analyze credit to maintain and enhance the bank’s loan portfolio quality and minimize any potential loss.
- Provide feedback to others on a timely basis, without suffering quality in the credit review process.
- May make recommendations on improvements with bank procedures to senior management.
- Perform all liaison activities in a professional manner to insure maximum cooperation between and among all associates.
- Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.
QUALIFICATION REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions .
EDUCATION and/or EXPERIENCE:
- Associates Degree OR 2 years of college or equivalent related finance, accounting or lending experience required. Relevant military experience is considered for veterans and transitioning service members.
- 9 hours of college level accounting or equivalent training (ABA, Omega/Moody’ or other in-depth training courses focused on financial analysis or commercial loan underwriting) preferred.
- Previous work experience in a professional environment preferred.
- Bachelor's Degree preferred.
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Grade 13
Pay Range: $21.89 - $26.00 per hour
Salary : $22 - $26
