What are the responsibilities and job description for the Commercial Credit Analyst position at Citizens Bank - WI?
At Citizens Bank we help, people, businesses, and communities achieve financial success to build a better future. We hope you will consider joining our team. We are seeking an experienced Commercial Credit Analyst to join our Commercial Credit team.
This position is responsible for providing detailed analysis in written credit presentations and making recommendations of credit worthiness of commercial borrowers. Ensures that proposed loans meet policy guidelines to maintain loan portfolio’s requisite quality.
Hours: Typical hours Monday - Friday 8am-5pm. Flexibility required based on business needs.
Essential Duties and Responsibilities:
- Analyze and make approval recommendations on loans that meet policy criteria to Loan Committee.
- Analyze and rate the risk of each borrower, based on credit/accounts receivables audits, inventory audits, real estate appraisals, liquidity, market position, overall business climate, and financial statements, loan covenants, or other information as requested.
- Provide comments and write-ups on financial conditions of customers as well as covenant violations to Loan Officers, Officer Loan Committee, and/or the Board of Directors. Utilize software for credit presentation preparation.
- Provide risk assessment and advice to Loan Officers regarding loan policies/procedures, credit analysis, financial statement evaluation, and credit investigations.
- Assess and assign values on collateral for new and existing credit exposures.
- Monitor simple construction loans including working with title companies to handle construction draws.
- Any other duties as assigned.
Requirements:
- High School diploma or GED required.
- Bachelor's degree (B.A.) from four-year college or university in Finance/Accounting required.
- Working knowledge of commercial lending and financial statements analysis, income tax laws and return preparation, and documentation.
- Strong analysis software/computer proficiency (nCino software experience is a plus), including Word and Excel, database and ability to produce tables of information
- Ability to make decisions with little supervision.
- Interact positively and communicate well (written and verbal) with all staff levels.
- Effective presentation skills.
- Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act and the requirements of the Office of Foreign Assets Control. Additionally, all employees must follow policies and procedures to minimize risk by exercising good judgment, raising questions to management, and adhering to policy guidelines.
Critical Competencies:
- Communication
- Accuracy
- Organization
- Decision Making
****Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities**** Our company is an equal opportunity/affirmative action employer. Applicants can learn more about their rights by viewing the federal EEO poster at https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf.
