Credit Analyst I

SUMMARY:

The Credit Analyst I position serves as an entry-level role focused on reviewing credit request information, conducting evaluations and analyses of that data, and preparing detailed credit memoranda for commercial loan applications.

JOB DUTIES AND ESSENTIAL FUNCTIONS:

• Underwrite and prepare credit memorandum packages, under guidance for loans <$3MM.
• Accurately and promptly complete cash flow spread requests for Loan Officers.
• Serve as back-up for appraisal reviews and in-house evaluations.
• Manage the integrity of risk management functions by ensuring acceptable credit standards are maintained and loans conform to established Bank policy, procedures, and regulatory requirement
• Evaluate the creditworthiness of potential and existing clients by analyzing financial statements, credit reports, and other relevant financial data.
• Accompany the Loan Officers on customer calls and site visits of potential and existing customers as requested/needed.
• Regularly track and test borrowers' compliance with loan agreements by analyzing key financial metrics, ensuring adherence to financial covenants, and flagging any potential breaches for timely resolution.
• Review and assess borrowers' financial performance, creditworthiness, and compliance with loan terms during the annual review process, identifying risks and making recommendations for any necessary adjustments or actions.
• Perform cash flows, financial analysis, collateral valuations/analysis, global cash flows, etc. for commercial borrowers and guarantors.
• Research industry information; history of the borrower; or any information or articles on the internet that would pertain to the borrower positively or negatively.
• Conduct independent and objective review of loan underwriting practices, approvals, monitoring activities, and credit administration procedures.
• Evaluate appropriateness of loan structures and completes analysis of financial information to identify current or potential problems in credit quality and potential portfolio risk.
• Review borrower relationships to develop an assessment of loan repayment ability validating that the risk rating and perception of risk is accurate.
• Review loan documents for accuracy, completeness, and adherence to credit memorandum covenants and conditions.
• Maintain excellent customer service to internal customers and external customers.
• Perform other duties and special projects as assigned.

WORKING CONDITIONS:

• Air-conditioned work environment.
• Consistent and timely attendance is required to ensure uninterrupted operational
• efficiency and exemplary service delivery.

PHYSICAL DEMANDS:

• Sit for extended periods of time.
• Walk, stand, bend, squat, twist, and reach.
• Simple grasping and fine manipulation.
• Extended keyboarding.