What are the responsibilities and job description for the Credit Analyst position at Nova Bank?
Nova Bank is seeking a Credit Analyst to join our team. The ideal candidate will be responsible for evaluating financial data, assessing credit risk, and providing recommendations on lending decisions. This role requires strong analytical skills, attention to detail, and an understanding of financial statements and credit analysis.
Key Responsibilities:
Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other class protected by law.
Requirements
Key Responsibilities:
- Analyze financial statements, tax returns, and credit reports to assess the creditworthiness of individuals and businesses
- Conduct risk assessments and make recommendations for loan approvals, denials, or modifications
- Review and verify borrowers' financial history, cash flow, debt levels, and collateral
- Prepare detailed credit memos and risk analysis reports for loan officers and senior management
- Monitor existing loans for compliance with credit policies and early risk detection
- Work closely with loan officers, underwriters, and relationship managers to structure loans
- Stay updated on banking regulations, industry trends, and market conditions
Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other class protected by law.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- 2-4 years of experience in credit analysis, banking, or financial services preferred
- Strong understanding of financial statements, loan structures, and risk assessment
- Proficiency in financial modeling, Excel, and banking software
- Detail-oriented with excellent analytical and problem-solving skills
- Strong verbal and written communication skills for report writing and presentations
- Ability to work independently and in a team environment
- Medical, dental, and vision insurance along with other life-event benefits
- Participation in our 401(k) plan when available
- 20 days of accruing Paid Time Off, in addition to customary bank holidays
