Credit Analyst

Job Summary:

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.
• Other duties related as assigned by management.

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.