What are the responsibilities and job description for the Credit Analyst II position at SpringPoint Technologies?
SpringPoint is partnering with a local bank in bringing in a Credit Analyst. As a credit analyst, you'll make recommendations regarding customer credit approvals based on an in-depth analysis of credit data, financial statements and due diligence of individuals or companies to determine the degree of risk involved in extending credit or lending money.
100% on-site in Tulsa, Oklahoma
Position Duties and Responsibilities :
Analyze assigned complex loan applications within established guidelines across entire customer base.
Prepare in-depth written loan memorandum documents in accordance with established policies and procedures and advise Lending Officers / Management on loan analysis.
Spread and analyze financial statements, develop credit information and review complicated credit issues in order to interpret data and make recommendations to Lending Officers and committees who review lending decisions on new, renewal, and extension loans.
Analyze cash flows, including global cash flow, to ensure adequate cash is available to meet any and all debt requirements as well as adequate liquidity is maintained.
Assist in the development of loan agreements.
Comply with regulations and policies of the bank.
Regular interaction with Lending Officers and, as necessary, with customers.
Participate in bank / community activities.
Complete annual training as required.
Assist in the training of Credit Analyst I’s as required.
Other duties as assigned.
Qualifications
Skills and Abilities :
Strong knowledge and ability to read and interpret financial statements.
High level of analytical ability, gained through experience, to evaluate loan risk involved with the application.
Demonstrated ability to fully complete a written loan memorandum.
Ability to work in a time-sensitive / deadline-oriented process.
Strong knowledge of accounting and financial principles.
Ability to determine the need for more thorough investigation or additional information required for loan approval.
Working knowledge of documents and legal requirements to secure and perfect collateral instruments.
Excellent written / verbal communication, organization and presentation skills.
Ability to complete assignments with little oversight and supervision.
Interpersonal skills with all levels of the organization.
Strong computer skills; proficient in Microsoft Word, Excel and Outlook.
Strong attention to accuracy and detail.
Education and Experience :
Bachelor’s Degree in Business Administration with emphasis in Finance / Accounting or equivalent. Minimum of 12 hours of Accounting and / or Finance is required.
Minimum three (3) years banking or financial services industry experience including two (2) years of credit responsibilities either as a Loan Officer or Credit Analyst, required
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