Sr Credit analyst

Job Summary

This is an officer level position which is responsible for analyzing and recommending

decisions on domestic and international credits up to a highly complex level. Although

there is no direct supervisory responsibility, the position assists the Credit Department

Manager in the training and oversight of junior analysts. The individual must be fully

experienced in all aspects of credit analysis. The major difference between this position

and Credit Analyst is the depth of experience, ability, and independent judgment that are

required.

Compliance with OFAC Regulations is the responsibility of ALL employees of the Bank.

Employee is expected to be familiar with and have knowledge of the requirements of

OFAC Regulations.

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Essential Duties & Responsibilities:

Prepares credit analysis report for use by lending officers and the Bank’s respective Credit Committees for their consideration to approve or deny credit facilities for corporations and individuals.
Assigns the corresponding loan codes to each credit facility.
Verifies that the required audit level for financial information submitted by the borrowers conforms to Bank’s policy.
Spreads into the corresponding programs the financial statements and/or tax returns submitted by the borrower or prospect client.
Analyzes financial ratios derived from the spreading of the financial information.
Reviews the comparative spreads of borrower’s and peer group’s ratios and draws appropriate conclusions.
Runs and analyzes appropriate credit reference reports such as Tri-Merge credit reports, DNB, foreign credit reports and any other available credit reports.
Runs and analyzes background check reports such as OFAC, Lexis Nexis, Google search, county records and any other available public site.
Requests and reviews credit references from other Lenders and other available informational sources.
Confirms the Bank’s collateral position by researching county and state’s sites to ascertain that no liens precede the Bank’s approved position.
Performs a site visit with a lending officer (as needed) and maintains communication with the borrower for the purpose of completing credit analysis.
Prepares credit analyses reports by presenting facts, and offer reasoned opinions in respect to the credit condition of the applicants/borrowers being reviewed.
All of this work is conducted in a largely independent manner, with only occasional consultation and review by the Credit Department Manager.
Prepares industry study reports on the industries in which the Bank extends credit.
Reviews the Bank's portfolio position in each industry being analyzed and assesses the overall risk position being incurred.
Provides clear assessment as to whether a proposed or existing loan is within established credit policy guidelines.
Provides assistance to other Credit Analysts, the Credit Manager, and the Chief Credit Officer as needed.
Carries out any project as assigned by the Credit Manager or Chief Credit Officer.
Maintains extensive communication with Lending Officers providing assistance on the preparation of new loans and renewals.
Assists the Credit Department Manager and Chief Credit Officer in training and supervising more junior credit analysts by showing them how to spread and analyze financial statements, prepare peer group comparisons, calculate and utilize financial ratios, understand and utilize cash flows, and evaluate all of the non-numerical aspects of evaluating credit risk.
Provides necessary support to Credit Manager and Chief Credit Officer.

Minimum Requirements:

Requires a Bachelor’s degree, preferably with a business or finance major. An advanced degree in business, finance, or economics is desirable.
A minimum of three years previous credit training and experience is required, although four or more years of such experience are desirable.
Requires strong knowledge and experience with word processing and spreadsheet software such as Microsoft Word and Excel. A high level of accuracy is important.
Work typically involves reading, large amounts of writing, and substantial arithmetical calculations. Requires the ability to conduct research, strong conceptual and analytical skills, and the ability to write and speak effectively.
Fluency in both spoken and written Spanish is highly desirable.
Work is typically sedentary and requires the ability to work using computer equipment for up to 95 percent of the workday, but may require standing;
occasional bending and stooping while accessing files and the ability to lift and carry up to 20 pounds

Sr Credit analyst

Job Summary

Essential Duties & Responsibilities:

Minimum Requirements:

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