What are the responsibilities and job description for the Senior Credit Analyst position at Commercial Bank of California?
Job Summary
With minimum supervision, provides direct support to Loan Officers to develop and analyze all relevant credit information pertaining to more complex commercial and business loans. Prepares or assists in the preparation of, Credit Authorizations in accordance with Bank’s policies and procedures for presentation to senior credit personnel and/or credit committees. Spreads and analyzes financial statement information to determine financial capacity of borrowers. Prepares thorough analysis of business and/or personal financial statements and presents facts and is expected to provide personal analytical opinions, as appropriate, concerning creditworthiness of existing borrowers and prospects.
Primary Functions
Interacts directly with loan officers and customers/prospects regarding commercial business loans.
Prepares accurate financial statement spreadsheets and debt service analysis derived from business and personal financial statements and tax returns.
Prepares accurate Credit Authorization’s in conjunction with loan officers, and presents a complete and thorough analysis of existing and potential borrowers.
Recognize and act on customer prospects; cross sell opportunities with existing customers.
Make proper referral of loan opportunities to lending personnel.
Interacts independently, without direction with customers/prospects to request financial information to complete spreading presentations and other financial analysis.
Assists in the accurate determination of a borrower’s debt service capacity in conformity to the type of credit analyzed.
Reviews loan agreement covenants for verification of the compliance thereto.
Accurately prepares financial projections as required.
Maintains an accurate, up-to-date tacking log of all activity and credit arrangements in process.
Collects industry information relevant to existing and proposed borrowers using internal & external sources.
Consult with the President, Loan Officers, Chief Credit Officer and other Credit Administration Officers on, collateral and other credit structure, pricing, collateral and other credit consideration issues.
Gather information from the Bank’s LAS system to compute lending liability to the Bank.
Conducts trade and reference checks on customers/prospects.
Review documentation to ensure compliance with Bank policy and procedures.
Performs special projects as designated by the Corporate Banking Head.
CUSTOMER SERVICE
Ensure customer satisfaction and account retention as appropriate through quality service.
Handle customer request and complaints with prompt, professional and courteous attention.
Work with staff members and customers without regard to race, religion, age, national origin handicap or sex.
GENERAL ADMINISTRATION
Achieve Individual And Departmental Objectives
Adhere to the requirements of the Bank Secrecy Act, the USA Patriot act and Bank policies
Perform all and other related duties as assigned.
Qualifications
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 individuals with disabilities to perform the essential functions.
Education And/Or Experience
High School diploma or equivalent; Bachelor’s degree desired; or 6-8 years experience in spreading financial information or direct commercial/business lending and/or training; or equivalent combination of education and experience.
Knowledge Of
None
With minimum supervision, provides direct support to Loan Officers to develop and analyze all relevant credit information pertaining to more complex commercial and business loans. Prepares or assists in the preparation of, Credit Authorizations in accordance with Bank’s policies and procedures for presentation to senior credit personnel and/or credit committees. Spreads and analyzes financial statement information to determine financial capacity of borrowers. Prepares thorough analysis of business and/or personal financial statements and presents facts and is expected to provide personal analytical opinions, as appropriate, concerning creditworthiness of existing borrowers and prospects.
Primary Functions
Interacts directly with loan officers and customers/prospects regarding commercial business loans.
Prepares accurate financial statement spreadsheets and debt service analysis derived from business and personal financial statements and tax returns.
Prepares accurate Credit Authorization’s in conjunction with loan officers, and presents a complete and thorough analysis of existing and potential borrowers.
Recognize and act on customer prospects; cross sell opportunities with existing customers.
Make proper referral of loan opportunities to lending personnel.
Interacts independently, without direction with customers/prospects to request financial information to complete spreading presentations and other financial analysis.
Assists in the accurate determination of a borrower’s debt service capacity in conformity to the type of credit analyzed.
Reviews loan agreement covenants for verification of the compliance thereto.
Accurately prepares financial projections as required.
Maintains an accurate, up-to-date tacking log of all activity and credit arrangements in process.
Collects industry information relevant to existing and proposed borrowers using internal & external sources.
Consult with the President, Loan Officers, Chief Credit Officer and other Credit Administration Officers on, collateral and other credit structure, pricing, collateral and other credit consideration issues.
Gather information from the Bank’s LAS system to compute lending liability to the Bank.
Conducts trade and reference checks on customers/prospects.
Review documentation to ensure compliance with Bank policy and procedures.
Performs special projects as designated by the Corporate Banking Head.
CUSTOMER SERVICE
Ensure customer satisfaction and account retention as appropriate through quality service.
Handle customer request and complaints with prompt, professional and courteous attention.
Work with staff members and customers without regard to race, religion, age, national origin handicap or sex.
GENERAL ADMINISTRATION
Achieve Individual And Departmental Objectives
- Establish and manage priorities to ensure the effective and efficient accomplishment of departmental responsibilities.
Adhere to the requirements of the Bank Secrecy Act, the USA Patriot act and Bank policies
Perform all and other related duties as assigned.
Qualifications
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 individuals with disabilities to perform the essential functions.
Education And/Or Experience
High School diploma or equivalent; Bachelor’s degree desired; or 6-8 years experience in spreading financial information or direct commercial/business lending and/or training; or equivalent combination of education and experience.
Knowledge Of
- Customer service and operations practices in the banking industry
- Banking and financial terminology and operations
- Investor guidelines and credit reporting regulations and standards
- Strong knowledge of accounting principles, tax return analysis and analytical interpretation of balance sheet and income statement analysis and cash flow
- Loan documentation
- Enter data in personal computer and use calculator; operate telecommunications equipment and other office equipment.
- Use word processing, spreadsheets, and specialized financial systems software.
- Handle strong volume of workflow from various sources.
- Plan, organize and prioritize tasks to meet deadlines.
- Analyze and solve work problems
- Follow oral and written instructions
- Communicate effectively with staff, management, customers, public and private representatives, vendors and other parties.
- Communicate clearly, either orally and in writing.
None
