Credit Analyst

SUMMARY

Analyzes credit worthiness and credit risk of commercial borrowers, including review of financial statements and cash flow analysis. Monitors the quality of various commercial loans and assists in the underwriting and processing of commercial credits.

ESSENTIAL DUTIES AND RESPONSIBILITIES 

• Ability to meet the public well and to deal effectively with their questions or problems.


• Knows the Bank’s products and services thoroughly. 


• Looks for opportunities to explain, promote, or sell products or services. 


• Continuously demonstrates a helpful, friendly attitude and is committed to providing excellent customer service. 


• Serves as a model of excellent customer service to other employees.


• Identifies and cross-sells products suitable to the customer’s needs.


• Handles customer complaints or questions and determines the action to be taken to remedy the situation. 

Duties/Responsibilities

• Collect and analyze due diligence items including: 


• Utilize software to spread and analyze business financial statements, including balance sheets, income statements and tax returns.


• Analyze personal financial statements, credit reports, and tax returns on individuals in order to determine credit worthiness and repayment capacity.


• Analyze business, industry and/or real estate market information.


• Assess and mitigate risk on Commercial and Industrial (C&I) and Commercial Real Estate (CRE) loans.


• Prepare comprehensive credit packages on commercial loans that facilitates the credit approval process 


• Prepare annual reviews of existing commercial loan relationships including covenant testing.


• Participate in client calls with Relationship Managers


• Maintain communication with Relationship Managers and Portfolio Managers during loan underwriting and approval process.


• Exhibit an understanding of and ensure compliance with loan and regulatory policies.


• Maintains up-to-date, well-organized documentation and files. 


• Manage the approved appraiser list, track appraisal orders, and review appraisal reports


• Update the Bank’s loan processing system and clients’ folders when financial statements are received. 


• Assist the Senior Credit Officer and Credit Manager as needed


• Other duties may be assigned

• Maintains neat and orderly work area and ensures that all confidential records are properly secured each day


• Understands role in case of disaster or robbery, whether victim or bystander, and knows proper post-robbery procedures


• Professional appearance that evokes the client’s trust


• Adheres to all bank policies and procedures and to internal controls and system access restrictions


• Discretion and dedication to protecting the financial privacy of clients, business partners, and the Bank. 

QUALIFICATIONS 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.  

EDUCATION and/or EXPERIENCE

Four year college degree, or equivalent banking industry experience, required. Must have 5 years’ experience in performing duties above and/or have obtained certification of risk management skills obtained. 

KNOWLEDGE, SKILLS, AND ABILITIES

• Must have a fundamental understanding of financial accounting.


• Strong analytical and critical thinking skills, with expertise in financial statement analysis and risk assessment


• Proficiency in financial analysis software and tools, as well as Microsoft Office Suite, particularly Excel.


• Excellent written and verbal communication skills to present financial information clearly and concisely.


• Meticulous attention to detail and elevated level of accuracy in analyzing financial data.


• Knowledge of credit industry regulations and compliance requirements


• Strong work ethics, ability to work independently and as part of a team, adaptability, and the ability to manage multiple priorities in a fast-paced environment.


• Ability to multi-task under pressure, prioritize assignments, and work in a fast-paced environment. 


• Have experience collaborating with clients and can manage challenging situations with professionalism and efficiency.


• Must possess a knowledgeable background of the bank’s commercial lending procedures and policies.


• Ability to adhere to Potomac Core Values: Integrity, Teamwork, Growth, Customer Commitment, Community Focus


• Self-Development: pursue additional education or training to remain current, improve knowledge, and diversify skills. 

SMOKE-FREE WORKPLACE

Potomac Bank is a 100% smoke-free company.

PHYSICAL DEMANDS 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to stand; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee must regularly lift and/or move up to 10 pounds, frequently lift and/or move up to 25 pounds, and occasionally lift and/or move up to 50 pounds.