Responsibilities
- Responsible for basic financial analysis of less complex loans/industries/Customers
- Work reviewed and monitored by lead staff
- Basic understanding of loan risk factors.
- May research industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet
- May participate in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times)
- Integral part of loan origination process. Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition
- Supports the lending function by providing analytical support
- May prepare insightful and timely approval memorandums for presentation to appropriate lending and credit authorities
- May analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk
- May maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos
- Monitors compliance with regulatory requirements
- May provide written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk
- Achieves operational performance standards in quality and timeliness
Requirements
- 4 year degree or equivalent experience
- 1+ years related experience preferred
- Basic knowledge of credit and financial analysis techniques
- Strong oral and written communication skills
- Strong analytical and research skills
- Developed PC skills including proficiency and capability in word processing and spreadsheet software
- Ability to meet deadlines
- Ability to maintain the confidentiality of credit and Customer information
- Good interpersonal skills and team orientation
Nice to Have
- 3rd line risk experience
- Consumer Lending experience
Benefits
- health and well-being benefits
- savings and retirement programs
- paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
- banking benefits and discounts
- career development
- reward and recognition
Work Arrangement
On-site
Additional Information
- Domestic Travel – Occasional
- International Travel – Never
- Performing sedentary work – Continuous
- Performing multiple tasks – Continuous
- Operating standard office equipment - Continuous
- Responding quickly to sounds – Occasional
- Sitting – Continuous
- Standing – Occasional
- Walking – Occasional
- Moving safely in confined spaces – Occasional
- Lifting/Carrying (under 25 lbs.) – Occasional
- Lifting/Carrying (over 25 lbs.) – Never
- Squatting – Occasional
- Bending – Occasional
- Kneeling – Never
- Crawling – Never
- Climbing – Never
- Reaching overhead – Never
- Reaching forward – Occasional
- Pushing – Never
- Pulling – Never
- Twisting – Never
- Concentrating for long periods of time – Continuous
- Applying common sense to deal with problems involving standardized situations – Continuous
- Reading, writing and comprehending instructions – Continuous
- Adding, subtracting, multiplying and dividing – Continuous
- 40 hours per week
