Credit Analyst III

Description

Join Blue Sky Bank's team as a Credit Analyst III!

Job Summary

A Credit Analyst III is responsible for evaluating the financial status of potential customers, monitoring existing clients, performing risk assessments and analysis, writing detailed reports, and making informed decisions while extending credit. A Credit Analyst III’s work is generally independent and collaborative and advanced and complex in nature. A Credit Analyst III demonstrates sound judgment as well as strong analytical and negotiation skills.

Primary Responsibilities

• Assists the lending staff in all aspects of credit underwriting to assure compliance with the bank’s loan policy and all regulatory requirements to assure safety and soundness within the bank’s loan portfolio.
• Works independently with little management oversight.
• Provides thorough financial and risk analysis on all commercial relationships in the bank’s loan portfolio for both initial approvals and ongoing monitoring.
• Establishes efficient and effective processes and procedures to facilitate loan approvals, closings, monitoring of loan covenants, and evaluation of all allocations and impairments as required.
• Responsible for compliance with all internal bank policies as well as regulatory mandates affecting privacy, legality, and non-discrimination.
• Maintains positive attitude to allow for collaboration with all branches and departments.
• Exhibits effective and constructive leadership qualities with both internal and external customers.
• Provides financial statement analysis and input using the bank’s present software system.
• Provides and maintains credit memorandum standardization for the loan decision process by developing consistency in the information presented on worksheets, memorandums, financial statement presentation, and income, expense, and cash flow analysis.
• Thoroughly reviews, assesses, and develops an understanding of the collateral associated with loan requests with the ability to clearly delineate appropriate grading, inherent risks and mitigation strategies to allow for approval parameters to include: A/R aging reports, Borrowing Base Certificate validations, Rent Roll evaluations, Loan Covenant compliance verification, and On-site collateral inspections on an as needed basis.
• Effectively monitors credit risks within the loan portfolio by making recommendations of grading changes to the Senior Credit Officer on an ongoing basis.
• Provides industry comparative information to help assess and mitigate various risks in the commercial loan relationships.
• Coordinates credit management and maintenance process with lenders to include timely receipt of adequate financial information, consistent clearance of loan exception items, and timeline adherence to minimize past dues/delinquencies and expedite renewals/extensions.
• Participates in industry associations and continuing education events to enhance performance and job knowledge.
• Actively participates in business and non-profit organizations/associations to help promote the bank and provide opportunity to both increase the bank’s awareness within the community and intentionally solicit new business for the bank.
• Practices safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.
• Recognizes red flags, scams, fraud, phishing, etc.
• Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements.
• Performs responsibilities during Bank hours by being physically present in the Bank an average of 40 hours each week based on business needs.
• Travels between branches as needed.
• Performs other responsibilities as assigned by management.

Requirements

Qualifications

• Education: Bachelor’s degree in finance, accounting or other business-related fields or equivalent experience.
• Experience: 5 years of credit analysis/underwriting experience required. C&I and/or real estate experience, preferred.
• Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation.
• Extensive knowledge and understanding of credit analysis/underwriting.
• Strong leadership skills.
• High level of professionalism and integrity.
• Flexible, adaptable, and willingness to continuously learn.
• Strong analytical and problem-solving abilities.
• High level of self-motivation.
• Excellent written and verbal communications skills.
• Strong business acumen skills.
• Ability to work both independently and as part of a team.
• Exceptional organizational skills, with the ability to prioritize and execute multiple tasks and projects simultaneously.
• Strong leadership skills.
• Strong work ethic and attention to detail.