Credit Analyst

Credit Analyst

Job Overview:

We are seeking a highly skilled and detail-oriented Credit Analyst to join our team. As a Credit Analyst, you will be responsible for providing underwriting for the bank's credit requests and renewals. Your expertise in financial analysis and risk assessment will play a crucial role in determining credit limits and terms for our clients.

Responsibilities:

• Assess the creditworthiness of loan requests: new, renewed, or prospective
• Understand how business financial statements correlate and why each is necessary in risk assessment
• Provide detailed financial analysis, which includes ratio analysis, trend analysis, and profitability margins
• Prepare comprehensive collateral assessments to assess the Bank’s risk exposure
• Credit risk assessment and potential external factors affecting repayment or the borrower's industry
• Prepare concise and objective based Credit Memorandums
• Prepare other documentation, as required, considered during the credit approval process
• Monitor loan agreements for compliance, report findings to Lending Officers, and prepare exception reports or summaries
• Design, prepare, and review management reports, including but not limited to documentation exceptions, collateral margins, and other reports deemed necessary to satisfy both internal and regulatory reporting requirements
• Adherence to credit policy and bank underwriting guidelines

Qualifications:

• Proficient in Microsoft Excel
• Up to date with legal, compliance, and market risk-related issues
• Ability to analyze cash flows, leverage, collateral, customer strength, and financial ratios
• Strong communication and presentation skills
• Sound judgement
• Ability to work in a team‐based atmosphere
• Strong work ethic with the desire to learn about credit and the importance thereof
• BS degree in Finance, Accounting, Economics, or a related field
• Regular and punctual attendance is required for this role