What are the responsibilities and job description for the Credit Analyst II position at West Gate Bank?
Primary Job Purpose: The Credit Analyst II (CA II) is tasked with assisting the lending staff to help the Bank build and maintain a high-quality loan portfolio. The CAII is expected to display a deeper understanding of analysis and underwriting functions. The CAII will contribute to the department’s overall responsibility of early identification of deterioration of loan quality by completing the following:
- Valuing collateral accurately/conservatively
- Reviewing valuations done by CAI and interns
- Spreading financials on borrowers and businesses; report findings
- C&I analysis write-ups
- Reviewing portfolios with larger concentrations and proposing rating changes as necessary
Essential Responsibilities and Duties:
- Assist in the analysis and presentation of loan requests
- Spread and analyze borrower and guarantor financial information
- Value commercial and residential real estate
- Review internal and external appraisal reports
- Prepare and send appraisal engagement letters
- Complete Uniform Standard of Professional Appraisal Practice (USPAP) forms
- Complete monthly, quarterly, and annual reports to be presented to the DLR Committee, LR Committee, Board of Directors, or higher management
- Report regulatory and loan policy exceptions
- Assist in performing annual updates on loan policies and procedures
- Compile Quarterly Collateral Determination (QCD) report and submit to the FHLB through the CLO Lincoln within 30 days of quarter end
- Prepare HMDA report
- Monitor and assist in the collection of required financial information and other pertinent data from borrowers and guarantors and report findings during Interim Performance Monitoring meetings for early detection of deteriorating credits
- Monitor, prepare, and present annual line reviews
- Conduct property inspections that include residential 1-4 family investments, commercial properties and commercial constructions
- Gather BA borrower updates and prepare monthly BA report
- Spread and monitor draws on commercial construction buildings
- Assist in collecting employee community involvement responses for CRA purposes
Education & Experience:
- Relevant prior credit analysis experience
- Basic accounting/math skills required
- Bachelor’s Degree with focus on Business, Finance/Accounting, Math, or other applicable area of study
- Knowledge of banking industry practices relative to bank loan operations with respect to loan products & services
- Knowledge of bank loan origination system and core system
- Ability to handle confidential information
- Ability to teach and be taught on the job, in group or 1 on 1 settings; as well as learning through classes and online webinars
- Ability to work well with people, both internally and with external customers
- Ability to handle a high volume of tasks, prioritize, and function effectively to meet deadlines in a fast-paced environment
- Strong communication and organizational skills
- Strong focus on teamwork