Credit Analyst 2 - Industry Solutions

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 based at 921 W. Monroe Ave., Lowell, AR 72745 however, Incumbent can be located within the Arvest 4 State Footprint (AR, KS, MO, OK).

Incumbent will be assigned to Arvest Agrifinance Division. Preferred Qualifications are experience underwriting or originating agricultural-purpose loans.

Hours are typically Monday through Friday 8:00 am to 5:00 pm with ability to work additional hours as needed.

S UMM A R Y : W i t h minimal direction incumbents analyze and project credit and financial information for complex commercial loans. Incumbents work with borrowers and Commercial Bankers in the preparation and presentation of loan proposal packets for the Loan Committee meetings. Incumbents conduct financial analysis on borrowers to assess the ability to repay loans, monitor trends and conditions, and to determine and alert senior management as to potential problem situations which surface from analytical research. In addition, incumbents monitor loan compliance by tracking technical exceptions and calculation of financial covenants.

We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

ESSE NT I A L DUTIES AND RESPONSIBILITIES i n cl ud e the following. Other duties may be assigned.

• Analyze and spread financial statements and related material for complex commercial loans.
• Determine the need for a more thorough research or additional information and work with the Commercial Bankers to obtain same information.
• Stay informed on respective industries represented within loan portfolios and trade area.
• Offer recommendations based on analysis concerning credit-worthiness and the ability of the customers to repay loans. Jointly work with Commercial Bankers to prepare loan proposals for customer requests and credit memorandums.
• Work directly with customers and prospects during the credit review process in conjunction with the Commercial Banker.
• Make recommendations to senior management regarding improvements to bank procedures and processes.
• Monitor loan compliance throughout the year through monitoring of technical exceptions and calculation of financial covenants.
• Assist manager with monthly or quarterly portfolio monitoring reports.
• Assist with the preparation of concentration reports for review by senior management as requested.
• May prepare reports to forecast future expectations and to show how certain industries will perform to determine risk associated with the endeavor.
• Assist with training new Credit Analysts.
• 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.
  
  
  

Responsibilities:

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:

• Bachelor's Degree, preferably in Accounting, Finance or Business, or equivalent 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) required.
• 2 years previous experience in accounting, finance or lending position required.
• Previous Credit Analyst Experience preferred.
  
  
  

WORK ENVIRONMENT:

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 14

Pay Range: $60,000 - $70,000 per year