What are the responsibilities and job description for the Credit Analyst position at Triumph?
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At Triumph, our vision is a world where freight transactions are accurate and seamless on the most modern and secure freight transaction network. That’s why we’re looking for passionate, innovative, solutions-oriented people to join our team. We thrive on providing exceptional customer service and we look for team members with an entrepreneurial spirit and a passion to build successful partnerships with our clients. Because at the end of the day our goal is to help our partners businesses run better.
Position Summary: The Credit Department of TBK Bank, SSB seeks a Commercial Credit Analyst I whose responsibilities include: (i) underwriting credit approval requests for both prospective and existing clients; (ii) working with lending units to ensure ability to accurately evaluate and act on credit applications in a timely manner; (iii) performing ongoing monitoring on existing credits to assist TBK Bank in assessing the quality of the loan portfolio.
Essential Duties & Responsibilities
Go on. Do it. Apply Today!
At Triumph, our vision is a world where freight transactions are accurate and seamless on the most modern and secure freight transaction network. That’s why we’re looking for passionate, innovative, solutions-oriented people to join our team. We thrive on providing exceptional customer service and we look for team members with an entrepreneurial spirit and a passion to build successful partnerships with our clients. Because at the end of the day our goal is to help our partners businesses run better.
Position Summary: The Credit Department of TBK Bank, SSB seeks a Commercial Credit Analyst I whose responsibilities include: (i) underwriting credit approval requests for both prospective and existing clients; (ii) working with lending units to ensure ability to accurately evaluate and act on credit applications in a timely manner; (iii) performing ongoing monitoring on existing credits to assist TBK Bank in assessing the quality of the loan portfolio.
Essential Duties & Responsibilities
- Utilize bank resources available training to develop a competency in core credit fundamentals.
- Obtain and analyze financial, credit and collateral data to evaluate the creditworthiness of prospective and existing customers, particularly C&I and CRE opportunities.
- Review incoming financial statements on existing customers, updating financial spreads and communicating any concerns with the team lead or credit leadership.
- Analyze financial information received from borrowers and other sources, such as reporting services, credit bureaus, industry data and current credit files to assess credit risk of lending relationships.
- Work collaboratively with loan officers on loan requests in order to facilitate the approval or declination of credit applications.
- Ensure open communication and collaborative efforts exist between the lending teams and the credit staff by clearly communicating progress and/or needs in a timely and precise manner.
- Support loan and credit facility production staff in preparation of written credit proposals and presentation to various credit committees or approvers.
- Ensure that all transactions either conform to the loan policy or ensure that all policy exceptions are disclosed in the credit proposal.
- Ensure existing credit relationships adhere to loan covenants and conditions and that required information is obtained in a timely manner.
- Perform other duties as assigned.
- Bachelor’s degree is required, with a major in Accounting, Finance or Economics preferred.
- 1-2 years of experience in commercial credit underwriting or related field, preferred.
- Strong financial statement analysis and writing skills.
Go on. Do it. Apply Today!