Credit Analyst

We are looking for a Credit Analyst to join our Greenville, Columbia, Florence, or Charleston Market!

The Portfolio Analyst provides leadership and support to the commercial and consumer lending group with respect to credit underwriting, annual credit reviews, renewal management, compliance, loss mitigation and quality control monitoring of new and existing customers. Support the Bank's "client first" focus, working as an active member of the team, to provide customers with exceptional service. Act as a liaison between credit administration, and loan operations, and the lending team to ensure the loan portfolio is managed with policy and procedural guidelines.

Direct Reports: None

Core Responsibilities:

Maturing Loans (Maturing Loans and Annual Reviews can be consolidated under quality control categories):

• Facilitate renewal process working with operations, loan officers and the credit department to ensure timely completion of renewals.

Annual Reviews:

• Complete Annual Loan Reviews within 30 days of review date (and financial information receipt) as determined by loan officer and or credit administration.
• In conjunction with the management team ensure there are no material findings from audit reviews.
• Co-ordinate with the loan officer to complete the site visit.

Credit Analysis / Loan Underwriting:

• Upon request, support of Lending team with analytical support of loan requests including creation of financial spreads, industry analysis, and underwriting support (partial or full credit memos for new loans and loan renewals).
• Financial spreads are to be prioritized and completed within 5 days of full financial package delivery, and the completion goal shall be 2 days. Full credit memo requests shall be managed on a case-by-case basis working closely with the loan officer.
• Knowledge of lending policies and procedures, loan agreements, assumptions, accounting, loan structuring and collateral procedures.
• Knowledge of Bank's products and services.

Quality Control:

• In conjunction with the management team, coaches loan officers on correct loan structuring.
• Ensure the administration of loans assigned is in compliance with established credit policy, bank procedures and commercial and regulatory guidelines.
• Knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E and US PATRIOT Act.
• Knowledge of Bank's products and services.
• Ensure that all communications with FRB Loan Officers, lending support, and other employees are professional and reflect FRB standards of culture and policy. If problems are encountered escalate the matter to the appropriate party and taking ownership and following up on a daily basis as necessary until conclusion.
• Provide monthly, quarterly and annual covenant monitoring as necessary and follow up on violations.
• Work with Loan Officers to prepare and present quarterly Asset Improvement Plans (for Watch loans).
• In underwriting process, denote all loan documentation and technical exceptions.
• As financial statements are received for credit analysis/underwriting, facilitate the capture and correct filing/organization in Bank's central file (for existing Borrowers with CIF profile).
• Assists with construction/loan draw monitoring.

Loss Mitigation (Loss mitigation can be consolidated under Quality control):

• Watch loan improvement plans - coordinate efforts of loan officer to formulate an action plan to determine deficiencies, risk grade issues and develop plans to improve the asset or prepare proper next steps in the collection process.

Role Specific Competencies:

• Adaptability/Flexibility
• Adapts to change, is open to new ideas, takes on new responsibilities, handles pressure, and adjusts plans to meet changing needs.
• Creativity/Innovation
• Generates new ideas, challenges the status quo, takes risks, supports change, encourages innovation, solves problems creatively.

Managing Technology:

• Has an awareness of, researches and adopts effective technologies that improve the bottom line, works well with tech resources.

Minimum Requirements:

• College degree with background in financial management and preferably some accounting training.
• Thorough understanding of federal banking compliance and requirements
• Strong written and verbal communication and ability to coach lending associates on process and policy requirements.
• Expert level Excel skills
• Expert level organization skills
• Strong customer communication skills via various channels email, letter, etc. keeping true to FRB brand tone and service quality standards
• Flexibility to provide problem solve
• Strong understanding of FRB credit risk policy, loan operations process for both consumer and small business and FRB compliance policy
• Strong underwriting capability
• Strong "client first" interest and ability.
• Ability to prioritize multiple competing tasks.