Credit Analyst

SUMMARY

The position of Credit Analyst analyzes loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions, and financial institution files. Prepares spreadsheets, reports, summaries and opinions for financial institution officers and profitability analysis on new, renewal and existing loans. 

Assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.

ESSENTIAL DUTIES

• Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
• Analyzes all information necessary to present a financing request to Senior Management or Loan Committee for approval.
• Works directly with Lending staff with guidance from the Credit Manager.
• Performs credit inquires for the financial institution as requested.
• Establish, review, and update new and existing loan files for the financial institution on a regular basis.
• Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
• Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors, and competition.
• Provides deposit and loan account ratings.
• Participates in various internal committees assigned by Senior Management.
• Assumes responsibility for special projects, gathers data and prepares reports for Senior Management, audits and other personnel.
• Operates computer terminal or personal computer to process account activity, determine balances, and resolve problems within given authority.
• Answers telephones, answers questions, and directs callers to the proper Bank personnel.
• Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
• Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
• Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions.  The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

MINIMUM REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position.  The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.  Individual abilities may result in some deviation from these guidelines.

• Bachelor’s degree (BA) or equivalent from a four-year college or university and 1 years of related experience and/or training, or the equivalent combination of education and experience.  Work related experience should consist of a financial analyzing or lending background.  Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be business or financial industry related.
• Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
• Excellent multitasking, organizational and time management skills.
• Basic skills in computer terminal and personal computer operation, mainframe computer system, word processing, spreadsheet and specialty software programs.
• Ability to use a financial calculator to generate repayment terms, remaining amortization, and percent change.
• Intermediate typing skills to meet production needs of the position.
• Exceptional math skills, ability to calculate interest, commissions, proportions, and percentages, balance accounts, add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals, locate routine mathematical errors, compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Ability to work with minimal supervision while performing duties.
• Current STATE driver’s license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities.

Updated: April 4, 2025