Credit Analyst I

Description

Join Our First State Bank Family!

First State Banks mission is to treat the community as our home, customers as our neighbors, employees as our family, and by so doing, create value for our shareholders. Our Core Values are: Genuinely Care, Trust, Relentless Improvement and Accountability. All FSB employees perform their daily job responsibilities following these guiding principles in all aspects.

Benefits of Working at First State Bank:

• Growth Opportunities
• Employer Paid Employee Health Insurance
• Vision, Dental and Other Great Benefits
• 401K and Employee Stock Ownership Match Options
• Paid Time Off
• Paid Federal Holidays

Summary:

A Credit Analyst I is an entry-level position which is responsible for gathering and analyzing credit information on current and potential borrowers, determining the advisability of granting credit for diversified types of loans, and assisting loan officers in writing loan requests. The Credit Analyst program is expected to develop an applicant toward becoming a Loan Officer in the coming years.

Essential Job Duties & Responsibilities:

1. Primarily completes underwriting on C&I and CRE loans <$750M.
2. Analyzes financial statements (including performance ratios) of all levels of quality to develop initial assessment by identifying strengths and weaknesses as pertaining to borrower/guarantor historical performance.
3. Understands financial data such as balance sheets, income statements, tax returns, UCA cash flow statements, financial ratios, etc.
4. In-depth historical and projected financial and cash flow analysis, including communicating with the borrower to gain a better understanding of the companys operating and accounting practices.
5. Completes credit and background investigation for the borrower and guarantors.
6. Conducts and documents industry, market, and economic research and its impact on the borrower/guarantor.
7. Analyzes the loan requests collateral and ensures no policy exceptions are occurring.
8. Performs real estate appraisal reviews and evaluations.
9. Completes loan covenant testing to ensure the covenant is satisfied and the file is documented.
10. Conducts floor plan and construction inspections.
11. Attends weekly Officer and L&D Loan Committee meetings and is available to answer questions regarding credit analysis as necessary.
12. Actively participates in all assigned training and development sessions.
13. Other duties as required.

Job Requirements:

1. Preferred minimum of 3 months of experience as a Credit Analyst.
2. Bachelors Degree in related field (Accounting, Finance, etc.).
3. Strong computer skills, particularly with Microsoft Excel, Word, Outlook, and PowerPoint.
4. Excellent verbal/written, organization, and interpersonal communication skills.
5. Excellent customer service skills, internally and externally.
6. Excellent analytical, time management, mathematical, organizational and problem-solving skills with the ability to multi-task and work in a deadline-driven environment.
7. Must be self-motivated with strong initiative, accountability, and attention to detail.
8. The ability to lift a minimum of 10 lbs. up to a height of 3-4 ft.
9. Must have the ability to remain in stationary positions 75% of the work day.
10. Other basic work environment skills.

Other duties as assigned.

This job description is subject to change at any time.

Qualifications