Credit Analyst - Remote

Overview

The Credit Analyst supports the bank's commercial lending efforts by providing detailed financial analysis and credit underwriting for commercial loan requests. This role works closely with Relationship Managers to assess credit risk and ensure loan structuring in line with the bank's credit policy.

In Short

• Analyze financial statements, tax returns, cash flow statements, and business plans for new and existing commercial clients.
• Prepare thorough credit memorandums with risk ratings, loan structuring recommendations, and collateral evaluations.
• Compare liquidity, profitability, and efficiency ratios of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
• Keep abreast of industry, economic, and market trends that may impact client creditworthiness.
• Conduct annual reviews for large relationships for quality of continued credit.
• Maintain a solid understanding of credit policy and regulatory compliance requirements.
• Participate in client meetings with lending officers, as needed, to better understand borrower needs and risks.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or related field, preferred.
• 2 years of experience in commercial credit analysis or commercial banking required.
• 5+ years of experience in commercial credit analysis or commercial banking preferred.
• Strong written and verbal communication skills.
• Strong financial and credit analysis skills with attention to detail.
• Proficient in Microsoft Excel and financial spreading software.
• Knowledge of regulatory guidelines and lending best practices.
• Team player with the ability to work independently and manage multiple priorities meeting deadlines.
• Ability to work with and maintain confidential information.
• Ability to travel to other bank branch locations or customers’ place of business.

Benefits

• Opportunity for a hybrid/remote work schedule.
• Full-time position generally working Monday – Friday, 8:30 a.m. – 5 p.m.