Credit Analyst Manager

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: 201 NE A St., Bentonville, AR.

Summary:

SUMMARY: T h e Credit Analyst Manager leads and directs the bank Credit Analyst department. The department is primarily responsible for evaluating the overall credit quality of the Bank’s commercial borrowing customers through interpretation of financial, industry and market information to provide an assessment of the credit risk posed to the bank. Department functions include spreading, analyzing, and projecting all types of commercial credit and financial information pertaining to various types of commercial loans. Credit Analysts will work with borrowers and Commercial Bankers in the preparation and presentation of loan proposals for the Loan Committee meetings.

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.

1. Manages and directs all Commercial credit requests. Develops work plans and priorities for the area, based on objectives received.

2. Works closely with Commercial Bankers in gathering necessary credit information for credit analysis.

3. Reviews and analyzes all pertinent credit and financial information on a borrower and proposed borrower including reporting services, credit bureaus and financial statements.

4. Conduct financial analysis on borrowers to assess the ability to repay debt, monitor trends and conditions, and to determine and alert senior management as to potential problem situations which surface from analytical investigations.

5. Reviews credit analyst’s work for consistency to industry standards and internal commercial lending guidelines.

6. Consults with management to assist in strategic planning activities for improved performance for areas of responsibility.

7. Serves as resource for branches within the bank market to field loan policy, credit and financial statement questions related to commercial loan requests.

8. Manages, coaches and guides Credit Analyst(s). Provides input to financial and people resource plans for the area and ensures resources are in place and operating effectively. Directs associate training to improve efficiency and ensure conformance with standard procedures and practices.

9. Conducts staff meetings to discuss policy or procedural changes.

10. Monitors loan compliance throughout the year through monitoring of technical exceptions and calculation of financial covenants.

11. Monitors borrowing base compliance throughout the year.

12. 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.

SUPERVISORY RESPONSIBILITIES:
Directly supervises 1 or more associates as assigned by the Manager. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Ensure direct reports have completed required compliance training and are adhering to all internal procedures and controls as it relates to bank policy, laws, regulations and Arvest’s BSA/AML Program. Responsibilities include interviewing, hiring, appraising performance, rewarding, and disciplining associates. The incumbent has the authority and the appropriate influence to make recommendations regarding hiring, firing, advancement, promotion, or any other change of status of other associates within the guidelines of the bank’s procedures and guidelines for such change of status events. The incumbent provides training, planning, assigning, and directing work assignments and schedules; addressing complaints and resolving problems.

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.

• 5 years related experience with emphasis on financial statement analysis to include, 3 years of commercial loan underwriting required.

• Previous management experience preferred.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an associate may encounter 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 16

Pay Range: $85,000 - $100,000 per year