Credit Analyst II

Position Description

Title:                           Credit Analyst II

Department:              Credit Administration

Reports to:                 AVP, Credit Team Leader

Supervises:                 None

Classification:            Exempt

Date Prepared:          November

Summary / Objective

The Credit Analyst II is responsible for determining and monitoring credit risk in the commercial loan portfolio, and for assisting the AVP, Credit Team Leader with maintaining department templates and draft policy updates. With additional guidance from the AVP, Credit Team Leader and VP, Credit Officer, responsibilities include analyzing financial statements and other documentation to assess repayment capacity, collateral adequacy as well as other key analysis requirements to recommend or validate appropriate risk ratings. May also assist in projects and borrowing base review process, as needed, and reviewing real estate appraisals.

Experience & Education Requirements:

• Bachelor’s degree in Business, Finance, Accounting or related field.
• 2-4 years of credit and financial statement analysis experience
• Good interpersonal, communication & computer skills

Essential Job Functions:

• Evaluate the financial condition of individuals and businesses applying for credit with the financial institution.
• Analyze loan data on new and existing loans and borrower relationships, including data provided by credit bureaus, other financial institutions and financial institution files.
• Determine if loan requests meet sound underwriting standards with the guidance of the AVP, Credit Team Leader and/or VP, Credit Officer.
• Monitor adherence to loan policies and credit risk review policies
• Assist with reviewing borrowing bases for formula-based / non-conforming asset-based loans
• Prepare memos and management reports to be presented to the Security Committee on a regular basis.
• Identify credit risk situations and, with the guidance of the AVP, Credit Team Leader and/or VP, Credit Officer, provides guidelines to line of business lending managers.
• Oversee and manage financial information files to assure current financial statements, accounts receivable and other information on customer accounts.
• Review and updates new and existing loan files for the financial institution on an as needed basis.
• Prepare spread sheets, reports, summaries and opinions for financial institution officers on new, renewal and existing loans.
• Maintain knowledge of department policies and procedures through internal and external training activities
• Work under supervision of credit management and in compliance with established policies, procedures and regulations.
• Assist with other projects as needed, which may include assisting with implementation of a loan origination system.

Required knowledge, skills & abilities:

• Familiarity with federal and state regulations regarding lending and related departments.
• Strong understanding of accounting principles with ability to prepare and analyze financial statements, including working capital cycles and collateral.
• Strong computer skills including Microsoft Word, and Excel.
• Strong written, oral, and interpersonal skills with ability to prepare and make presentations.
• Ability to apply critical thinking and problem-solving skills.
• Ability to adapt to changing demands and requirements.

Physical Demands and Work Environment:

• Ability to use standard equipment such as computers, phones, photocopiers.
• Work involves standing and walking for brief periods of time, but most duties are performed from a seated position.
• There is potential for eyestrain from reading detailed printouts and computer screen. Deadlines, workloads during peak periods and pressure may cause increased stress levels.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time-to-time other duties, both related and unrelated to the above, may be assigned and therefore, required.

Salary : $86,292 - $112,000