Senior Credit Analyst

Company Description

Chemical Bank aims to create a personal bond with each community we serve and every small business, family or customer that walks in our door. With 3,500 employees, we are now the largest banking company headquartered in Michigan. We have 249 banking centers across a three state footprint serving over 500,000 households. On March 14, 2017 we celebrated our 100th anniversary and we look forward to the next 100 years of building strong bonds with our customers and communities!

Job Description

As a Chemical Banker, you will join other professionals who share our community banking philosophy of making a positive impact where we live, work and play. You will be a part of a growing community bank that believes in the dreams of its customers and employees alike. With Chemical Bank, you will make a difference in your community while enjoying excellent benefits and top career opportunities.

You will work with Commercial Lending Officers to provide and assist with an underwriting analysis and loan structure that accurately determines the credit worthiness of commercial credit customers and identifies and mitigates key risks.  

Job Duties:

• Prepare underwriting analysis for new loan requests, loan renewals and modifications, which includes a detailed analysis of financial performance, financial condition, financial projections, and identification of key risks and mitigating factors.
• The main underwriting projects will be with the Bank’s largest commercial customers.
• As part of the credit write-up process, ask the questions that allow a deep understanding of the company and the associated risks.
• Write an objective narrative on the credit worthiness of the loan proposal.
• Assist the commercial relationship managers with loan structure, including covenant package, reporting requirements, advance rates and pricing.
• Proactively communicate timely updates and deliver final loan presentations within the established service standard timeframe.
• Assist commercial relationship managers on customer/prospect calls and assist with tracking financial reporting and monitoring requirements, including covenants and borrowing bases.
• Assist the commercial relationship managers with credit approval presentations.
• Participate in developmental events and programs as requested by the Bank
• Take a dynamic approach to the job by initiating actions and making decisions.
• Mentor new credit analysts as the opportunities arise.
• Perform additional duties and special projects as assigned.

Qualifications

  Required Knowledge/Skills/Abilities:

• Bachelor’s Degree in Finance, Accounting or Business Administration, or equivalent work experience.
• At least 4 years of recent regional commercial credit analyst experience with proven ability to work on increasingly complex deals.
• Completion of a formal credit training program is preferred.
• Working knowledge of and compliance with Bank Policies, Procedures and Regulations.
• Excellent analytical skills.
• Demonstrate attention to detail and accuracy.
• Possess the drive to work through a deal until it is done.
• Ability to prioritize, plan and organize work.  Deliver on time, every time.
• Excellent verbal and written communication skills.
• Proficient user of Microsoft Word and Excel.
• Ability to make effective written and oral presentations.
• Has the personal drive and is self-motivated to learn and grow professionally.

Additional Information

All your information will be kept confidential according to EEO guidelines.