Senior Credit Analyst

Promotes First Commonwealth’s asset quality through unbiased, accurate, thorough and timely risk assessment which is accomplished by analyzing financial statements and related credit data. Prepares organized and comprehensive reports which assess the credit-worthiness of a loan request and provide the appropriate authority with the necessary information to make an informed lending decision. Prepares organized and comprehensive reports for existing loan relationships which assess the continued credit-worthiness of the client. Assists in the development of FCB’s credit culture through projects and reporting related to credit quality, portfolio quality and policy and procedures. Provides leadership, training and technical guidance to Credit Analyst Associates and Credit Analysts.


Essential Job Responsibilities__________________________________

1. Performs tasks for the credit analysis process.

a. Conducts credit investigations and analyzes credit information pertaining to loans.

b. Breaks down the balance sheet and income statement accounts; analyzes the results and compares the current financial results to the prior financial periods.

c. Prepares reports to summarize analysis of borrowers’ financial condition and capacity to repay debt. Prepares loan request submissions for various Loan Committees or other approving authorities.

d. Prepares projections on income, sales, expenses and net worth of the client with the credit report or for a request by the lender or management.

e. Values collateral when necessary, reviews appraisals and assesses collateral coverage.

f. Assigns Risk Ratings.

g. Follows assigned portfolio or accounts for updated financial statements or other relevant information to assess borrower credit quality through the quarterly triage process.

h. Assists loan officers in gathering information relevant to analyzing the borrower.

i. Prepares reports on problem assets for the Criticized Asset Committee.

j. Participates or assists in projects or tasks necessary for the Credit Administration function.

k. Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.

2. Achieves goals assigned to the Credit Analyst as part of the department’s annual operating plan.

3. Adheres to the Credit Analysis department’s Service Level Agreement with the Commercial Services and Consumer Services business line.


Bona Fide Occupational Qualifications___________________________

1. B.S/B.A. degree in Accounting/Finance or a related field of study or equivalent experience preferred; specialized financial analysis training. A minimum of seven (7) years’ experience spent as a Credit Analyst Associate and Credit Analyst, preferably, required.

2. A comprehensive knowledge of commercial lending and loan review regulations and banking regulations, procedures, and operations.

3. The ability to work independently to analyze financial statement data and distill conclusions

4. Strong communication skills across all bank platforms including peers, management and outside customers.

5. A complete knowledge of accounting and financial analysis techniques and ability to independently use these skills to perform financial modeling such as but not limited to discounted cash flow techniques, enterprise valuation and projected forecasted cash flow.

6. Advanced ability to use Microsoft Office programs and banking software.

7. Strong reading, writing, and grammar skills; superior analytical and mathematical skills; proficient communicative and interpersonal relations skills.

8. Ability to comply with established budgets and operate within budgetary constraints.

9. Ability to multitask under tight deadlines, strong time management skills.

10. Thorough knowledge of bank policy and procedures, as well as bank regulations.

11. Proficient reading, writing, grammar and mathematics skills.

12. Excellent interpersonal relations and communicative skills.

13. A complete knowledge of current lending and loan review regulations and banking regulations, procedures, and operations.

14. Ability to work independently to analyze and interpret complex financial statements in connection with complex credits (i.e. Syndication loans, ABL’s, Commercial Real Estate, REIT’s, etc.).

15. Technical supervisory skills sufficient to provide guidance and training to Credit Analyst Associates and Credit Analysts.