Credit Analyst

POSITION SUMMARY

The Credit Analyst evaluates the creditworthiness and financial condition of individuals, businesses and other commercial borrowers to support sound lending decisions. This role analyzes tax returns, financial statements, cash flow, credit history, industry conditions, and loan structures while preparing credit recommendations for lenders and credit committees.

KEY RESPONSIBILITIES

• Analyze loan applications and assess borrower creditworthiness.
• Review and interpret financial statements, tax returns, balance sheets, income statements, and cash-flow statements.
• Perform financial spreading, ratio analysis, cash-flow analysis, and trend analysis.
• Evaluate collateral, guarantor strength, debt-service coverage, leverage, liquidity, and repayment capacity.
• Prepare detailed credit approval and underwriting packages for new, renewed, and modified loans.
• Monitor existing relationships for changes in financial condition and credit risk.
• Conduct industry and market research to identify factors that could affect borrower performance.
• Identify potential credit risks and recommend appropriate risk-mitigation strategies.
• Work closely with lending department management and lenders.
• Ensure lending decisions comply with internal loan policies, regulatory requirements, and risk-management standards.
• Maintain accurate credit documentation and participate in loan reviews and portfolio monitoring.
• Prepare monthly and quarterly reports.
• Comply with the Bank Secrecy Act and its implementing regulations.

QUALIFICATIONS

• Associate’s degree in finance, Accounting, Economics, Business, or a related field preferred.
• 2+ years of experience in credit analysis, banking, underwriting, financial analysis, or a related field.
• Strong understanding of financial statements and business financial analysis.
• Knowledge of general lending principles, credit risk assessment, and loan structuring.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to analyze complex financial information and clearly communicate conclusions.
• Strong attention to detail and ability to manage multiple deadlines.

PREFERRED QUALIFICATIONS

· Bachelor’s degree in finance, Accounting, Economics, Business, or a related field preferred.

· Experience analyzing consumer and commercial credits.

• Knowledge of cash-flow lending and collateral-based lending.
• Familiarity with credit risk-rating systems and loan documentation.
• Experience with financial spreading software or banking credit platforms.
• Credit analysis, commercial banking, and mortgage lending experience are a plus.
• Proficiency with Microsoft Excel and financial analysis tools.

CORE COMPENTENCIES

• Financial Statement Analysis
• Cash-flow analysis
• Credit underwriting
• Risk assessment
• Financial modeling
• Loan structuring
• Industry analysis
• Attention to detail
• Judgment and decision-making
• Communication and presentation skills

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, interest, discounts, and percent and to interpret information in graph form. Knowledge of and ability to read, interpret and evaluate profit and loss statements, balance sheets, and income tax returns. Ability to create cash flow statements from information extracted from financial documents.

REASONING ABILITY

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

CERTIFICATES, LICENSES, REGISTRATIONS

None

OTHER SKILLS and/or ABILITIES

Above average financial analysis abilities.

High level ability with use of personal computers, Microsoft Office software, Internet, and spreadsheet development and manipulation.

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 accommodation 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; and talk or hear. The employee frequently is required to walk and reach with hands and arms. The employee is occasionally required to sit; climb or balance; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT The work environment characteristics described here are representative of those employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Job Type: Full-time

Pay: $35,000.00 - $45,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Education:

• Associate (Preferred)

Work Location: In person