What are the responsibilities and job description for the Commercial Credit Analyst position at Ascendo Resources?
Our client is seeking a Commercial Credit Analyst.
You will be responsible for preparing credit analyses and underwriting commercial, international and consumer transactions as outlined below.
Responsibilities
- Spread financial statements in order to pre-screen the viability of the credit proposal
- Examines accounting methods and scrutinizes financial statements
- Prepare credit presentations which include the following: identify and mitigate risk, identify sources of repayment, sensitivity analysis, industry data and project analysis
- Pull credit reports, OFAC and background checks
- Analyze borrower’s business methods of operations, operational environment, financial condition and operating performance to determine borrower’s ability to pay on loans
- Perform credit underwriting and assess credit risk
- Performs credit analyses for annual reviews and credit renewals as required
- Assures financial covenants of each transaction are carried out as approved
Qualifications
- Bachelor's degree (B.A) from qualified college or university;
- 3 years of Credit Analysis experience with commercial real estate and/or C&I analysis
- Excellent ability to communicate in English, verbally and in writing;
- Portuguese and Spanish highly recommended
- Excellent proficiency in various computer software including MS office skills
- In depth knowledge of all bank policies, procedures and compliance requirements
- Knowledge of accounting and financial analyses