What are the responsibilities and job description for the Credit Analyst III - Ag Focus position at First Southwest Bank?
Position Description: The Credit Analyst III position involves financial analysis and preparation of loan presentations for new loan requests, renewals, and annual reviews. This position will underwrite loans with a focus on a specific sector of either Commercial or Agricultural. Credit Analyst III will underwrite majority of requests requiring board approval. This position will support the business and commercial lending teams by analyzing lending opportunities, recommending appropriate credit structures, preparing credit memos, and monitoring existing credits. Analyst will be responsible for reviewing all relevant loan information, including but not limited to loan applications, financial statements, entity documents, and market valuations. The individual in this position is responsible for ensuring the loan process is functioning according to Bank policy/procedures and applicable laws/regulations. Position Responsibilities:
ESSENTIAL FUNCTIONS
Day to day work will include financial analysis and cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other commercial underwriting functions.
Determine credit worthiness of applicants by evaluating customer credit data and financial statements. Identify and mitigate risk to the bank by reviewing trends and cash flows in business financials to formulate meaningful borrower interviews and ensure compliance with bank loan policy. o CA III will actively participate in borrower discussions/interviews.
Research and collect industry specific data to use for ratio analysis and assessment of industry risks.
Prepare loan presentations for new credit requests, renewals, and annual reviews. CA III will generally operate in a specialized area including Commercial (CRE, C&I) Ag, and/or SBA-USDA. Within specialized area a CA III can routinely underwrite assigned credits.
Generates quality credit memos for credit committee with all necessary accurate, thorough, and thoughtful supporting documentation. Underwrites majority of DLC requests.
Responsible for supporting business lending by analyzing AND identifying commercial credit opportunities, recommending appropriate lending structures, and delivering quality credit presentations for large/complex credits.
Evaluates key financial metrics to include, but not limited to, cash flow, debt service coverage, leverage, liquidity, collateral loan to values, risk analysis, etc.
Manages department activities or projects
Assist with managing the commercial loan portfolio to include, but not limited to, document tracking, reporting, and covenant monitoring.
Present analysis, findings and recommendations to lenders and management, tied to analysis and assessment of credit risk.
Collaborate with Loan Officers on loan structure and/or credit enhancements.
SECONDARY DUTIES
Maintain a good working knowledge of the Banks lending policies and procedures and identify exceptions to policy.
Create bank projections and business valuations for specialized lending programs.
Provide technical advice or other assistance to loan officers as needed.
Performs other duties as assigned such as special projects and/or bank portfolio stressing.
Minimum Qualifications: MINIMUM QUALIFICATIONS -
Must have 4-year college degree in finance, accounting, business management or closely related field.
Must have 1-3 years of experience as commercial underwriter or closely related position working with credit analysis of business and personal financials.
KNOWLEDGE AND SKILL REQUIREMENTS - Must be proficient in MS Office (Outlook, Excel, Word, etc.)
Sound working knowledge of accounting principles and financial statements
Strong familiarity with financial concepts and analytical frameworks, to include DSCR, cash flow, key performance indicators, etc.
Strong attention to detail and excellent organizational skills; ability to manage multiple priorities and deadlines.
Strong analytical, problem-solving, and decision-making skills.
Requires the ability to work both independently and as part of a team.
Requires excellent written and verbal communication skills. Good working knowledge of state and federal regulations, lending standards, financial products, and bank operations. Understands sources of repayment, can align with purpose and collateral to determine appropriate path to analysis. Ability to present analysis, recommendations, and solutions to internal commercial lending teammates.
Must understands and underwrites to appropriate cash flow analysis methods (i.e., UCA or EBITDA).
Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Required to talk and hear; frequently required to use hands and fingers to handle or feel objects, tools or controls. Ability to stand and sit, reaching with hands and arms; kneeling, crouching. Must occasionally lift and/or move up to 20 pounds. Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. Depending on location and time of year, extreme high and low temperatures within the building will be experienced.
Additional Information: BSA Requirements:
It is the responsibility of all employees to make all reasonable efforts to identify suspicious cash activity which may be associated with customer attempts to avoid the reporting requirements of the BSA or government or federal tax reporting, as well as potential money laundering resulting from criminal / illegal activities. All suspicious activity, regardless of the amount involved in the transaction, must be reported to a supervisor or Branch Manager for further investigation and possible reporting by the Bank Secrecy Officer to the Financial Crimes Enforcement Network (FinCEN).
No director, officer, employee, or agent who reports a suspicious transaction under the requirements of the BSA may notify any person involved in the transaction that the transaction has been reported.
Each employee of the bank shall be required to complete Bank Secrecy Act / Suspicious Activity training periodically which is commensurate with the duties of their position.
ESSENTIAL FUNCTIONS
Day to day work will include financial analysis and cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other commercial underwriting functions.
Determine credit worthiness of applicants by evaluating customer credit data and financial statements. Identify and mitigate risk to the bank by reviewing trends and cash flows in business financials to formulate meaningful borrower interviews and ensure compliance with bank loan policy. o CA III will actively participate in borrower discussions/interviews.
Research and collect industry specific data to use for ratio analysis and assessment of industry risks.
Prepare loan presentations for new credit requests, renewals, and annual reviews. CA III will generally operate in a specialized area including Commercial (CRE, C&I) Ag, and/or SBA-USDA. Within specialized area a CA III can routinely underwrite assigned credits.
Generates quality credit memos for credit committee with all necessary accurate, thorough, and thoughtful supporting documentation. Underwrites majority of DLC requests.
Responsible for supporting business lending by analyzing AND identifying commercial credit opportunities, recommending appropriate lending structures, and delivering quality credit presentations for large/complex credits.
Evaluates key financial metrics to include, but not limited to, cash flow, debt service coverage, leverage, liquidity, collateral loan to values, risk analysis, etc.
Manages department activities or projects
Assist with managing the commercial loan portfolio to include, but not limited to, document tracking, reporting, and covenant monitoring.
Present analysis, findings and recommendations to lenders and management, tied to analysis and assessment of credit risk.
Collaborate with Loan Officers on loan structure and/or credit enhancements.
SECONDARY DUTIES
Maintain a good working knowledge of the Banks lending policies and procedures and identify exceptions to policy.
Create bank projections and business valuations for specialized lending programs.
Provide technical advice or other assistance to loan officers as needed.
Performs other duties as assigned such as special projects and/or bank portfolio stressing.
Minimum Qualifications: MINIMUM QUALIFICATIONS -
Must have 4-year college degree in finance, accounting, business management or closely related field.
Must have 1-3 years of experience as commercial underwriter or closely related position working with credit analysis of business and personal financials.
KNOWLEDGE AND SKILL REQUIREMENTS - Must be proficient in MS Office (Outlook, Excel, Word, etc.)
Sound working knowledge of accounting principles and financial statements
Strong familiarity with financial concepts and analytical frameworks, to include DSCR, cash flow, key performance indicators, etc.
Strong attention to detail and excellent organizational skills; ability to manage multiple priorities and deadlines.
Strong analytical, problem-solving, and decision-making skills.
Requires the ability to work both independently and as part of a team.
Requires excellent written and verbal communication skills. Good working knowledge of state and federal regulations, lending standards, financial products, and bank operations. Understands sources of repayment, can align with purpose and collateral to determine appropriate path to analysis. Ability to present analysis, recommendations, and solutions to internal commercial lending teammates.
Must understands and underwrites to appropriate cash flow analysis methods (i.e., UCA or EBITDA).
Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Required to talk and hear; frequently required to use hands and fingers to handle or feel objects, tools or controls. Ability to stand and sit, reaching with hands and arms; kneeling, crouching. Must occasionally lift and/or move up to 20 pounds. Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. Depending on location and time of year, extreme high and low temperatures within the building will be experienced.
Additional Information: BSA Requirements:
It is the responsibility of all employees to make all reasonable efforts to identify suspicious cash activity which may be associated with customer attempts to avoid the reporting requirements of the BSA or government or federal tax reporting, as well as potential money laundering resulting from criminal / illegal activities. All suspicious activity, regardless of the amount involved in the transaction, must be reported to a supervisor or Branch Manager for further investigation and possible reporting by the Bank Secrecy Officer to the Financial Crimes Enforcement Network (FinCEN).
No director, officer, employee, or agent who reports a suspicious transaction under the requirements of the BSA may notify any person involved in the transaction that the transaction has been reported.
Each employee of the bank shall be required to complete Bank Secrecy Act / Suspicious Activity training periodically which is commensurate with the duties of their position.
