What are the responsibilities and job description for the Credit Analyst position at THE EVANGELINE BANK & TRUST COMPANY?
Conducts credit inquiries and analyzes credit information relating to loans; assists in the preparation of, credit memos & reports for presentation to loan officers or Loan committees; furnishes information in relation to credit inquiries; provides support to loan officers. This position will report to the Sr. Credit Analyst and Chief Credit Officer.
Duties/Responsibilities:
- Developing credit information for use in the making of lending decisions on new, renewal, and extension loans.
- Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
- Input Tax Returns, Corporate & Personal Financial Statements, and other relevant financial data to create financial spreads and reports to develop trends and establish a customers’ repayment ability.
- Analyzes Tax Returns, financial statements, and Cash Flows.
- Prepares summary, presents findings, and occasionally offers opinions concerning creditworthiness.
- Providing credit information and references for customers, loan officers, or other agencies as requested.
- Ensures that all credit files are kept current with latest financial statements, agency reports, etc.
- Adheres to all bank policies and complies with regulatory requirements.
Required Skills/Abilities:
- Excellent interpersonal and customer service skills
- Excellent written and verbal communication skills
- Excellent organizational skills and attention to detail with accuracy being paramount
- Be able to work independently and be Self-Motivated and, also, be able to work with a team
- Have a Complete understanding of: Federal Tax Returns, GAAP, accounting, and be able to read both Corporate and Personal financial statements;
- Be able to read and interpret Credit Reports;
- Should be able to use relevant Industry Analysis
- Possess a Strong understanding of business entity legal structures, risk rating, and financial statement analysis
- Possess excellent computer skills and experience with Proprietary bank software.
- Proficient with Microsoft Office Suite or related software. Specifically, Word, Excel, Adobe, etc.
Education and Experience:
- High school diploma or equivalent required; degree in Accounting, Finance, and/or other Business-related College Level major is preferred.
Physical Requirements:
- Prolonged periods of using multiple computer screens and multi-tasking
- Prolonged periods of sitting and standing
- Must be able to lift 15 pounds at times.