Credit Analyst I

The Credit Analyst I provides analytical support by preparing objective and comprehensive financial credit underwriting on new loan requests as well as continuous assessment of the commercial loan portfolio. 

• Proven working knowledge of accounting principles, commercial loan documentation, banking regulations and computer applications.
• 1-2 years of experience working as a Credit Analyst in a financial institution.
• Ability to work independently with limited supervision and develop consultative relationships with Commercial Lenders.
• Proficiency with multiple computer applications, specifically word processing, spreadsheet and database management software.
• Proven ability to meet deadlines and complete work in a timely manner.
• Proven analytical abilities to analyze data and suggest recommendations.
• Must have good writing and verbal communication skills.
• Ability to work with all levels of Bank personnel.
  
  

1. Develops the required skills to objectively analyze financial statements, collateral analysis, debt repayment and real estate matrixes that are used to prepare spreads, cash flows and written credit analyses on prospective and existing commercial borrowers. Quantifies credit risk by recommending an appropriate risk rating. Continually develops knowledge of identifying proper loan structure, identifying loan policy/regulatory exceptions and the ability to offer solutions as well as industry considerations impacting the Bank’s borrowers. Will work with guidance of the Credit Manager, Credit Analyst II and/or Credit Analyst III where needed.

2. Prepares analysis for business and government services as it relates to municipality lending and portfolio monitoring.

3. Assists with the preparation of the quarterly classified/watch reports on commercial loan relationships as deemed appropriate by the Managed Assets Officer.

4. Develop skill of recognizing the appropriateness of assigned risk rating, accrual status and loan loss reserve as well as recognition and measurement of loan impairment.

5. Performs annual analyses of large borrowers to determine appropriateness of the current risk rating based in part on financial trends, cash flow, adherence to covenants and collateral adequacy.

6. Develop skill of reading, understanding and interpreting appraisal reports.

7. Attend weekly Management Credit Committee meetings and become comfortable discussing their analysis of the proposed financing specifically strengths and weaknesses of the request or relationship as needed.

8. Supports the Credit Department on projects as necessary.

9. Complies with all banking related laws and regulations communicated to the employee through training and/or written correspondence and those requirements reflected in the Bank's policies and procedures applicable to the employee's duties and/or areas of responsibility. Protects all customer information and institution assets and complies with privacy and acceptable use policies.

10. Other related duties as assigned by Manager.