Position Description: The individual in this position is responsible for ensuring the loan process is functioning according to Bank policy/procedures and applicable laws/regulations. Analyst will be responsible for reviewing all relevant loan information, including but limited to loan applications, financial statements, entity documents, titles, and liens. Individuals in this position will be required to input financials and create financial spreads and perform an analysis to determine risks to the bank and credit worthiness of commercial businesses, agricultural operations, and individuals. Position Responsibilities:
ESSENTIAL FUNCTIONS
Complete a thorough review/ in-depth analysis of new credit requests, credit change requests, renewals and annual relationship reviews. Recommend risk rating changes when analysis merits.
Complete ratio, trend and cash flows analysis.
Determine credit worthiness of applicants by evaluating customer credit data and financial statements.
Create projections and business valuations for specialized lending programs.
Research and collect industry specific data to use for ratio analysis and assessment of industry risks.
Provide recommendations tied to analysis and assessment of credit risk.
Present analysis, findings and recommendations to lenders and management, especially findings that involve a borrowers ability to repay.
Collaborate with Loan Officers on loan structure and/or credit enhancements.
SECONDARY DUTIES
Maintain a good working knowledge of the Banks lending policies and procedures and identify exceptions to policy.
Provide technical advice or other assistance to loan officers as needed.
Performs other duties as assigned such as special projects and/or bank portfolio stressing.
Minimum Qualifications: MINIMUM QUALIFICATIONS -
High school diploma or GED
Bachelors degree in finance, accounting or other business-related field preferred
Credit analysis experience and proven analytical skills preferred
KNOWLEDGE AND SKILL REQUIREMENTS - Skilled with Microsoft Excel and Word.
Sound working knowledge of accounting principles and financial statements
Strong analytical, technical and statistical skills
Strong attention to detail in order to maintain high level of data integrity.
Requires strict attention to detail, the ability to multi-task and maintain confidentiality.
Requires good problem solving, organizational and time management skills.
Requires the ability to work both independently and as part of a team.
Requires excellent written and verbal communication skills.
Ability to manage competing deadlines in a high-pressure environment, with varying ranges of supervision
Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Required to talk and hear; frequently required to use hands and fingers to handle or feel objects, tools or controls. Ability to stand and sit, reaching with hands and arms; kneeling, crouching. Must occasionally lift and/or move up to 20 pounds. Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. Depending on location and time of year, extreme high and low temperatures within the building will be experienced.
Additional Information: BSA Requirements:
It is the responsibility of all employees to make all reasonable efforts to identify suspicious cash activity which may be associated with customer attempts to avoid the reporting requirements of the BSA or government or federal tax reporting, as well as potential money laundering resulting from criminal / illegal activities. All suspicious activity, regardless of the amount involved in the transaction, must be reported to a supervisor or Branch Manager for further investigation and possible reporting by the Bank Secrecy Officer to the Financial Crimes Enforcement Network (FinCEN).
No director, officer, employee, or agent who reports a suspicious transaction under the requirements of the BSA may notify any person involved in the transaction that the transaction has been reported.
Each employee of the bank shall be required to complete Bank Secrecy Act / Suspicious Activity training periodically which is commensurate with the duties of their position.