Credit Analyst

Description

Summary:

The credit analyst will complete underwriting packages for new and existing customers seeking commercial credit products. This position requires interaction with a variety of internal departments, specifically the lending group; this interaction may occur in person, over the phone, or via email. 

Essential Functions:

· Spread financial information upon receipt, including business and personal tax returns, audited, reviewed, compiled or company-prepared financial statements.

· Complete underwriting packages for new and existing customers to analyze the risk associated with extending credit to individuals and/or entities.

· Make required corrections and/or suggested changes to loan packages as directed by senior management.

· Actively engage in the loan approval process by discussing the merits and pitfalls of each presentation with the appropriate parties, providing the approval to loan documentation, and answering any related questions that arise from the receipt of the loan approval.

· Manage workload efficiently to ensure deadlines are met.

· Attend twice weekly loan committee meetings either in person or telephonically

Competency:

· A working knowledge of the loan process, to include: the life cycle of a loan, the various relationships and interactions between departments (operations, lending, etc.)

· Proficiency in systems (Horizon, Global Wave), software (Microsoft Word and Excel), credit reporting application (LaserPro), etc. 

· Strong communication skills, both written and verbal, and with both internal departments and external customers.

· All employees will be responsible for understanding and complying with the letter and spirit of all government regulations including, but not limited to the Bank Secrecy Act, that apply to the bank’s specific operations

Supervisory Responsibilities:

This position has no supervisory responsibilities.

Work Environment:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. 

Physical Demands:

This position requires sitting at a computer station for extended periods of time.

Position Type/Expected Hours of Work:

This is a full-time position. Days and hours of work have limited flexibility and should be agreed upon with the employee’s supervisor.

Travel:

This position requires occasional travel to client sites, off-site meetings, other ODNB branches and locations, and other business-related outings.

Work Authorization/ Security Clearance:

Must be eligible to work in the United States.

AAP/EEO Statement:

Old Dominion National Bank provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, ODNB complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

ODNB expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of ODNB’s employees to perform their job duties may result in discipline up to and including discharge.

Other duties:

Please note 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. Duties, responsibilities, and activities may change at any time with or without notice.

Requirements

Education and Experience:

· Bachelor’s degree in business, finance, accounting or related field, required

· Credit analysis/ underwriting experience, preferred up to five years

· Banking experience, in operations or back-office environment, preferred

· Proven customer service skills, required 

· Written and verbal communication skills, required