What are the responsibilities and job description for the Commercial Credit Analyst III/IV position at Synovus?
Job Description
Job Summary
Analyzes and manually underwrites commercial loans with a total Synovus Relationship Exposure (TSRE) up to $5MM for bankers across the Synovus footprint. May also perform auto-scoring and underwriting of approved small business loans. Gathers and reviews financial data to determine and support client creditworthiness while minimizing risk exposure. Analyzes business and personal financial statements to determine credit worthiness. Provides structuring guidance and deal recommendations to bankers. Prepares analyses, reports and presentations for management review and regulatory reporting. Ensures all transactions and processing comply with regulatory and company guidelines, policies and procedures. Assists with training new analysts and may be given loan approval authority. Presents alternative solutions to bankers in effort to meet the needs of the client and company. Performs review function to assist CCC management team as needed and approves / declines loan requests within their TSRE authority when applicable.
Job Duties and Responsibilities
- Analyzes various types of business and personal financial statements in order to determine business and personal financial positions; calculates borrower, personal, and global debt service coverages; and ensures the borrowing need is appropriate.
- Performs quality control review of credit packages completed by junior analysts to ensure technical accuracy, including the accuracy of calculated ratios, and appropriate structure as needed to support CCC management team. Approves or declines loans up to assigned TSRE limit if designated as a credit approver.
- Applies knowledge of the credit / risk management processes to ensure the appropriate balance between company risk and customer / client focus and relationship is maintained.
- Spreads financial statements and conducts loan portfolio research to determine credit quality, character and soundness including analysis of statistical data and financial statements, sensitivity analysis, industry analysis, management assessment, and guarantor analysis.
- Ensures the consistent use of well supported and factual analyses and processes to determine and recommend risk ratings.
- Follows standard operating procedures when preparing analyses, reports, and presentations for management review. Performs accurate spreading of historical financial statements.
- Analyzes projections, free of repetitious spread numbers and superfluous narrative and represents a clear focus on the merits, risks, and mitigating factors accordingly.
- Ensures each step of the process is in compliance with all company and regulatory guidelines, policies, procedures and methodology. Stays abreast of variations in laws across state boundaries as applicable.
- Offers alternative solutions to lenders such as structure change, and additional collateral. Provides deal / borrower specific guidance and advice to bankers while also assisting with Deal Concept Memos.
- Takes leadership role in team huddles and will faciliate as needed.
- Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
- Performs other related duties as required.
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an Equal Opportunity Employer supporting diversity in the workplace
Minimum Requirements
Minimum Education :
Bachelor's Degree in Business Administration, Finance, Accounting or related discipline or an equivalent combination of education and experience.
Minimum Experience :
Two years of experience as a Commercial Credit Analyst with Synovus; or three years of credit analysis experience
Required Knowledge, Skills, Abilities :
