Bank Credit Analyst (1 year commercial credit analysis exp required)

CREDIT ANALYST

Job Class: Non-Exempt Reports To: Chief Credit Officer

Job Summary: The Credit Analyst is responsible for supporting the credit underwriting process by analyzing financial information, preparing credit analysis reports, and assisting with the evaluation of borrower creditworthiness. This position assists lenders and senior credit staff in identifying potential credit risks and ensuring loan requests comply with the Bank’s lending policies and procedures. The Credit Analyst role provides foundational training in commercial credit analysis and risk evaluation.

Essential Functions and Responsibilities: NOTE: Main Bank unilaterally may change the requirements of this job description at any time. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. These include, but are not limited to, the following:

Credit Analysis & Underwriting

• Analyze financial statements, tax returns, and supporting documentation to assess borrower creditworthiness and risk exposure.
• Perform cash flow analysis including global cash flow, debt service capacity, liquidity analysis, and sensitivity analysis.
• Evaluate collateral adequacy, guarantor strength, and overall credit structure.
• Identify strengths, weaknesses, and potential risks associated with credit requests.

Credit Presentation & Loan Structuring

• Prepare Loan Proposal Reports and Credit Memorandums describing the borrower, transaction structure, collateral support, financial performance, and risk analysis.
• Work with lenders and senior analysts to gather required documentation and financial information.

Portfolio Monitoring

• Assist in ongoing monitoring of the loan portfolio including covenant compliance, financial performance trends, and risk rating recommendations.
• Identify emerging credit risks and communicate concerns to lenders and management.

Leadership & Mentorship

• Provide guidance and mentorship to junior credit analysts.
• Review credit presentations prepared by less experienced analysts to ensure quality and consistency.
• Assist in developing best practices within the credit department.

Operational Support

• Assist with maintaining accurate credit files and documentation.
• Review loan documentation and data entry for accuracy when needed.
• Support preparation of reports for management and the Board of Directors..

Collaboration & Service

• Maintain effective working relationships with lenders, loan administration staff, and management.
• Provide excellent internal customer service and maintain a high level of professionalism and confidentiality.
• Perform other duties as assigned.

Required Qualifications (includes education, skills, and experience): The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Experience

• Bachelor’s Degree in Finance, Accounting, Economics, Business, or related field preferred or equivalent experience in banking or financial services.
• 1-5 years of commercial credit analysis experience at a financial institution preferred.
• Coursework in accounting strongly preferred (minimum of nine accounting credit hours).

Technical Qualifications

• Proficiency in Microsoft Excel, including ability to organize financial data and perform basic financial calculations.
• Basic understanding of commercial lending principles, including financial statement analysis, and commercial real estate, preferred.

Skills:
Credit & Financial Analysis

• Ability to review financial information and business structures.
• High degree of accuracy when reviewing financial documents and preparing reports.

Communication

• Ability to clearly communicate credit analysis and risk assessments both verbally and in writing.
• Strong credit memo writing skills.

Organization & Time Management

• Ability to manage multiple deadlines and priorities while maintaining a high degree of accuracy.

Technology

• Proficiency in Microsoft Excel, Word, and Outlook.
• Experience with credit analysis, preferred.

Professionalism

• Demonstrates high ethical standards, professionalism, and confidentiality when handling sensitive financial information.

Pay: $55,000.00 - $75,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Education:

• Bachelor's (Preferred)

Experience:

• Credit analysis: 1 year (Required)
• Accounting: 1 year (Required)

Work Location: In person

Salary : $55,000 - $75,000