Credit Analyst

We are seeking a detail-oriented and analytical Credit Analyst to join our team at GenuBank. The ideal candidate will be responsible for gathering and analyzing credit information on current and potential borrowers, determining the advisability of granting credit for diversified types of loans, assisting loan officers in writing loan requests, and promoting business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.

Responsibilities

• Assists loan officers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
• Assists loan officers in gathering data from customers, internal and outside sources, prepares spreadsheets and analyzes financial information including financial statements and tax returns, and contacts customers for additional information and clarification of data.
• Compiles data from credit bureaus, conducts industry peer comparisons, and performs cash flow analyses and other such tasks and comparisons.
• Writes financial reviews and reports, and makes recommendations on loan structures and terms to loan officers.
• Assists loan officers in Coordinating processing of approved loans, ensures loans are processed according to agreement, customer needs and conform to Bank lending policies, obtains sufficient information and/or documentation from customers, and solves problems relative to processing and servicing of loans.
• Informs loan officers when up-to-date financial statements are needed for commercial accounts, and ensures credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved
• Assist loan officers in the review and renewal of credit facilities, and provides back-up support.
• Checks pledged assets as requested by loan officers and assists loan officers in verification of funds with mortgage companies and contractors
• Develops knowledge of financial industry, economy, market conditions, rates, vendors and competition.

Qualifications

• Bachelor’s degree (BA) or equivalent from a four-year college or university, five year related experience and/or training, or the equivalent combination of education and experience. Work related experience should consist of a financial analyzing or lending background.
• Intermediate experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
• Intermediate experience, knowledge and training in all lending activities and terminology.
• Intermediate knowledge of commercial, construction, real estate and consumer loan processing.
• Intermediate knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.
• Advanced math skills, ability to calculate interest, commissions, proportions, and percentages, balance accounts, add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals, locate routine mathematical errors, and compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.