What are the responsibilities and job description for the Commercial Credit Analyst position at First Farmers Bank and Trust Company?
Job Type
Full-time
Description
COMMERCIAL CREDIT ANALYST - Converse
DEPARTMENT : Loans
CLASSIFICATION : Non-Exempt
REPORTS TO : AVP Credit Department Manager
SUPERVISES : None
POSITION SUMMARY :
Responsible for analyzing and monitoring credit worthiness of the bank's commercial / ag clients. Analyzes financial statements, tax returns and bank references to evaluate the financial condition of individuals and businesses applying for credit with the bank. Recommends credit lines within the established bank guidelines.
DUTIES :
- Create financial historical spreads and pro-forma cash flows. Prepares spread sheets, reports, summaries and opinions for financial officers on new, renewal and existing loans
- Verify that loans will meet the required underwriting criteria for requested loan product
- Perform credit inquiries and analyze credit reports
- Analyze loan data on new, renewal and existing loans
- Assemble loan presentation packages for loan committee
- Attend and participate in loan committees
- Maintain loan committee minutes and submit monthly report to the Board of Directors
- Monitor loan policy exceptions and provide data for reporting to the Board of Directors
- Provide technical advice and assistance to loan officers as needed
- Provide back-up assistance to other loan officers as needed
- Other duties as assigned
Requirements
RELATIONSHIPS / QUALIFICATIONS :
WORKING CONDITIONS :
