Demo

Credit Analyst

MRISpokane
Tulsa, OK Full Time
POSTED ON 3/14/2025
AVAILABLE BEFORE 4/10/2025

Job Description

Job Description

CREDIT ANALYST –

Job Description Summary / Objective

Credit analysts are assigned to support Commercial Loan Officers in the underwriting of new credits and servicing of credit relationships. They are responsible for independently analyzing the quality of loan requests through financial analysis, collateral valuations, and repayment capacity of new applicants and existing obligors. Also, continual monitoring of credit relationships is assigned to ensure borrower compliance with approved terms and portfolio management.

Principal Duties

1. Provide guidance and on-the-job training to Credit Analyst I(s).

2. Analyze the financial condition of businesses and individuals, and evaluate the quality and sufficiency of various sources of repayment, collateral, and the appropriateness of credit structures for new loan and renewal requests.

3. Act as a control point in the loan approval process to ensure adherence to credit policies and loan covenants.

4. Interpret and analyze the applicant's business plan, financial statements, and related materials in conformity with GAAP financial statement reporting, bank procedures, and credit policy.

5. Prepare loan presentations providing adequate details of the credit structure, management evaluation, and the background of the business and industry, provide assessment and adequacy of deal structure, risk ratings, and creditworthiness, and participate in presentation and / or present loans to the approving authority.

6. Provide recommendations, noting any deviations for existing commercial loan relationships.

7. Conduct collateral analysis for existing loans on an ongoing basis. This would include inventory and accounts receivable substantiation for Borrowing Base loans or audits of floor plan vehicles and equipment.

8. Understand procedures and documentation requirements for credit-enhanced lending through programs such as SBA.

9. Participate in customer and prospect site visits to gain insight into client business operations.

10. Provide post-funding analytical and monitoring support of credit relationships and portfolio maintenance.

11. Assist the bank with various administrative tasks to support department operation, as directed; may also be assigned special projects.

12. Maintain a working knowledge of the bank's lending policies, procedures, and philosophies toward various types of loans that may include, but are not limited to, consumer, residential, small business loans, commercial real estate loans, and construction loans.

13. Become knowledgeable with and ensure compliance with regulations of governing agencies and industry best practices. These include but are not limited to :

  • Equal Credit Opportunity Act (Reg B)
  • HMDA (Reg C)
  • Flood Disaster Protection Act
  • Truth in Lending (Reg Z)
  • Unfair, Deceptive and Abusive Acts and Practices (Reg AA)
  • Fair Credit Reporting Act (Reg V)
  • RESPA (Reg X)
  • Bank Secrecy Act
  • Anti-Money Laundering Act Page 2 of 3
  • Privacy Act

14. Follow all Bank policies and procedures.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Credit Analyst?

Sign up to receive alerts about other jobs on the Credit Analyst career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$64,739 - $83,222
Income Estimation: 
$80,393 - $105,387
Income Estimation: 
$42,296 - $57,771
Income Estimation: 
$110,590 - $160,649
Income Estimation: 
$64,739 - $83,222
Income Estimation: 
$80,393 - $105,387
Income Estimation: 
$55,136 - $69,224
Income Estimation: 
$64,739 - $83,222
Income Estimation: 
$80,393 - $105,387
Income Estimation: 
$110,590 - $160,649
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at MRISpokane

MRISpokane
Hired Organization Address Phoenix, AZ Full Time
Job Description Job Description Field and Office Engineer Position We are seeking construction management graduates for ...
MRISpokane
Hired Organization Address Newtown, PA Full Time
Job Description Job Description We are in search of experienced heavy civil Project Managers capable of managing single ...
MRISpokane
Hired Organization Address Irvine, CA Full Time
Job Description Job Description Sr. Auditor Summary : This position assists with various audit projects to successfully ...
MRISpokane
Hired Organization Address Saint Paul, MN Full Time
Job Description Job Description Job Description : We are looking for a highly motivated and experienced Commercial Loan ...

Not the job you're looking for? Here are some other Credit Analyst jobs in the Tulsa, OK area that may be a better fit.

Credit Analyst

Gpac, Tulsa, OK

Credit Analyst

The First National Bank and Trust of Broken Arrow, Broken Arrow, OK

AI Assistant is available now!

Feel free to start your new journey!