What are the responsibilities and job description for the FT Credit Analyst I - Lititz position at Jonestown Bank & Trust Co?
Description
JOB SUMMARY
Responsible for commercial loan underwriting and for providing administrative support to the Credit Administration and commercial lending functions of the Bank.
DUTIES AND RESPONSIBILITIES
- Prepare non-complex loan presentations for decisioning by Loan Officers, CLO, and Officers Loan Committee (OLC).
- Accurately identify and document all Loan Policy exceptions and recommend a risk rating based on established procedures.
- Prepare and submit for approval non-complex Annual File Reviews (AFR’s).
- Track and monitor portfolio concentrations including Hotel/Motel, Participations, Tax Exempt, CRE, Storage Unit financing, and Cannabis Related Businesses.
- Attend OLC meetings as needed, providing an explanation of the financial analysis on assigned credits, and act as backup for taking minutes.
- Attend credit-related meetings as needed, providing an explanation of the financial analysis or taking minutes.
- Routinely incorporate compliance (knowledge of applicable laws/regulations), generally accepted lending principles, and accounting basics in daily tasks.
- Evaluate and analyze financial statements, personal and business tax returns, personal financial statements, borrower prepared projections, management performance, market or industry risk, capital structure, and collateral on non-complex relationships (i.e. - Investment properties, Sole Proprietorships, etc.).
- Utilize the Loan Operation System (LOS) to analyze credit worthiness, discuss credit findings with lenders, and recommend options to limit risk.
- Proofread written documentation (meeting minutes, loan presentations, correspondence, etc.) to ensure clarity and compliance with generally accepted grammar and spelling standards
- Assist with assignments related to OLC, Credit Risk Management Committee (CRMC), Loan Review, and Audit as needed.
- Satisfy financial ticklers and upload financial information into the LOS for commercial loan requests and annual file reviews.
- Serve as a backup on performing due diligence functions (i.e. – NAICS, Domestic, UPI, EDR, Flood, Background, UCC searches, maturing loans, etc.) and identifying red flags, errors, or other concerns.
- Promote and preserve JBT’s values and culture.
- Follow Bank policy and procedure to prevent fraud and financial crimes.
- Other duties as assigned.