What are the responsibilities and job description for the Corporate Banking Associate position at First Commonwealth Bank?
The Corporate Banking Associate is responsible for, portfolio administration and relationship management of client relationships in the assigned Corporate Banking segment. Responsibilities include, but are not limited to managing and administering a portfolio of client relationships, preparing and reviewing analysis packages, preparing and presenting modification requests, Criticized Asset Committee memos, Semi-Annual Line Sheets and any other presentations related to the portfolio.
Essential Job Responsibilities__________________________________
1. Works with an assigned Corporate Banking team to assure coverage of the portfolio in any aspect.
2. Works with Portfolio Specialist team for direct assignment of client administrative responsibilities to include documentation, loan closing, financial statement reporting and ongoing loan management.
3. May be assigned the relationship management of a portfolio of client relationships.
4. Performs financial modeling and analysis of prospective clients as well as existing clients.
5. Works with the Credit Analysis Department to ensure that the analysis packages are thorough and correct.
6. Completes and presents Modification forms, Criticized Asset Committee Memos, Semi-Annual Line Sheets and any other necessary reports, as needed.
7. Attends trainings, meetings and corporate assignments, as required, with accompanying documentation.
8. Completes assigned required readings, with accompanying documentation.
9. Participates in sales calls, as assigned.
10. Performs tasks for the credit analysis process.
a. Conducts credit investigations and analyzes credit information pertaining to loans.
b. Prepares reports to summarize analysis of borrowers’ financial condition and capacity to repay debt. Prepares loan request submissions for Credit Committee or other approving authorities.
c. Prepares projections on income, sales, expenses and net worth of the client for a future period of two years.
d. Values collateral when necessary, reviews appraisals and assesses collateral coverage.
e. Recommends assigned Risk Ratings.
f. Follows assigned accounts to ensure financial statements are received timely and evaluated at least quarterly to assess borrower risk.
g. Assists loan officers in gathering information relevant to analyzing the borrower.
11. Coordinates the daily workflow in and out of the area to ensure that current loans are in complete conformity with the terms
12. Develops and prepares reports relating to commercial loans as required.
13. Assists the senior officers in handling loans and provides other customer services as may be assigned.
14. Learns how to establish growth and profitability of the bank by building, developing and managing new and expanded client relationship.
15. Fosters relationship with First Commonwealth clients and prospects.
Bona Fide Occupational Qualifications___________________________
1. A bachelor’s degree is preferred.
2. A minimum of two (2) years of banking experience is required. Prior sales experience is preferred.
3. Strong interpersonal, communication, and exceptional client service skills are necessary. Professional drive, determination, leadership and sales skills are also a must.
4. A valid driver’s license and travel are required.