What are the responsibilities and job description for the Credit Analyst position at Alliance Bank?
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Alliance Bank is your locally-owned community bank serving the MISSOURI populations in Cape Girardeau, Oran, Sikeston, Jackson, and New Madrid. We take great pride in being involved in the communities we serve and offering the best service and products to our customers. It is our mission “to be the preferred Community Bank provider of financial services in the markets we serve.”
Currently we are adding a Credit Analyst to our Corporate team at our Cape Girardeau branch. In this position, you will work to ensure the highest level of credit quality standards are maintained by complying with the established bank principles and regulatory directives. Provides analytical and administrative support to lenders and processors. Presenting a high level of customer service to both internal and external customers is required.
Essential Functions:
- Analyzes credit worthiness of borrowers (individual or businesses) for new, renewed, and existing loans.
- Authors credit approval documents stating the degree of risk involved in extending credit or lending money and submits to Loan Committee and loan officers for approval.
- Follows established checklist confirming necessary financial loan documentation has been received and monitors for follow up.
- Participates in the loan management process by providing credit and loan underwriting expertise to a team of lenders and loan processors.
- Generates financial ratios, using specialized computer programs, to evaluate customers' financial status.
- Compares liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations for existing loans.
- Establishes, reviews, and monitors loan files as instructed by loan officers, Risk Management Officer, and management staff so all financial documentation required has been received.
- Tracks loan exceptions and regularly communicates to loan officers for needed action.
- Assists management in recovery of foreclosed ORE (Other Real Estate) property and handles all related tasks including periodic inspections to make property marketable.
- Serves as primary contact for past due FHLB sold mortgages and responsible for regular contact and inspection of past due notes.
- Conducts field inspections of properties by physically examining land and buildings to determine size, class, quality and locations.
- Obtains pertinent resource materials to help establish assessed values.
- Prepares a variety of monthly department reports.
- Completes internal real estate evaluations including descriptions of area (site and improvements), plus a current market analysis.
- Reviews all third-party Real Estate appraisals.
- Accompanies loan officers on client visits when needed.
- Participates in continued compliance training for relevant lending and deposit laws and regulations.
- Responsible for understanding and following all internal banking policies and procedures.
Qualifications:
- High School Graduate or General Education Degree (GED) Required
- Bachelor’s degree with concentration in business, accounting, or finance preferred or equivalent work experience; financial analysis experience ideal.
- At least one year of banking experience preferred.
- Maintains confidentiality of all sensitive information and customer data.
- Ability to work effectively with people regardless of their age, gender, race, ethnicity, religion, or job type.
Benefits:
- Medical, Dental, and Vision Insurance
- Cafeteria Plan
- Life Insurance
- Long and Short Term Disability
- Paid Vacation, Sick Days, and Holidays
- 401k Retirement Plan
- Supplemental Insurance Products
A complete Job Description is available upon request. Applicants must be able to pass a drug test and background and credit checks.
Alliance Bank is an Equal Opportunity Employer