What are the responsibilities and job description for the Credit Analyst position at SNI Financial?
SUMMARY OF POSITION
Protect the bank from loan losses by performing a thorough financial and risk analysis for all new commercial credit applications and existing customers. Responsible for supporting commercial lenders in the facilitation and administration of the commercial loan portfolio. Works closely with commercial lenders to facilitate the extension, monitoring, and servicing of commercial credit relationships.
ESSENTIAL FUNCTIONS
1. Provides financial and risk analysis for new commercial credit applications.
2. Provides financial and risk analysis for existing commercial clients in the form of annual reviews.
3. Assist lenders in renewal processing and analysis.
4. Assist lenders in the due diligence of credit analysis, to include : obtaining and interpreting industry and market analysis pertinent to the respective client and the acquisition of information regarding collateral valuations on specialized or unique assets to be used as collateral.
5. Meet with lenders and their clients or prospects that require more complex and significant servicing requirements, in order to better understand the client's business operation and / or servicing needs.
6. Assist in the servicing of participation loans through communication with the participant bank regarding financials, reports and status updates.
7. Attend loan committee and / or board meetings when appropriate to assist in the explanation of the credit analysis.
8. Identify the credit risks associated with the client's use of depository services and incorporate this information into the respective credit application.
9. As needed, review loan closing documents to ensure accuracy and compliance of approval documents.
10. Follows all Bank customer service standards
11. Serves on Bank committees as required
12. Participate in bank bank-wide training program
13. Other duties as assigned
QUALIFICATIONS
Bachelor's degree in Business, Finance, or Accounting. 1-3 years of commercial underwriting experience or related analytical experience. Advanced knowledge and use of Microsoft Office, with a strong emphasis on Excel and Word.
