What are the responsibilities and job description for the Credit Analyst position at Texas Bank?
Job Summary:
This role will be responsible for the credit analysis of the bank’s commercial and agriculture loans. This individual will work in conjunction with commercial loan officers and management to provide a thorough credit analysis of commercial and agricultural loans through identifying strengths and weaknesses, providing recommendations, and identifying any deviation from loan policy; all of which will be summarized within a credit presentation to include, a loan request worksheet, a detailed narrative of the customer(s), and financial statement spreads.
Preferred Education/Experience:
• A four-year degree from an accredited college or university in business, finance, accounting, or other related fields, or equivalent experience through credit or lending activities within a financial institution.
• 1 year of experience within the banking industry.
Necessary Skills:
• Ability to evaluate commercial and agricultural loan requests.
• Proficient in accounting concepts and risk rating models.
• Proficient in standard computer applications.
• Ability to effectively communicate.
Essential Functions of a Credit Analyst:
• Initial due diligence, analysis, and underwriting of commercial and agricultural transactions.
• Analyzes financial statements and produces thorough credit memorandums for loan transactions.
• Prepares written reports which include: credit profile of the borrower and guarantors; economic and market conditions as related to company and industry; in-depth historical financial analysis; in-depth projection financial analysis, including the performance of “what if” scenarios that test the reasonableness of projections; in-depth analysis of the secondary sources of repayment such as collateral; and in-depth analysis of a guarantor’s financial position.
• Attend meetings relating to prospective and current borrowers to support the credit presentation and assist with the questions/concerns of committee members.
Other Essential Function:
• Understand and uphold the policies and procedures established by the bank.
• Understand current regulatory guidelines relating to the banking industry and stay informed on new regulatory guidelines.
• Maintain a positive atmosphere for the banks employees and customers while also providing a professional, enthusiastic, and courteous service.
• Provide secure and confidential handling of sensitive customer information.
• Continue to develop professionally through training, research, professional associations, etc.
• Work as a team with other members of credit administration and bank employees.
Other Functions:
• Be willing to take on additional responsibilities as deemed necessary.
