JOB SUMMARY
We are looking for a professional Credit Analyst to determine our customers’ creditworthiness. You will analyze financial data to assess the likelihood of a borrower honoring their financial obligations. The portfolios include commercial real estate, personal real estate, business, and consumer loans. This includes analyzing financial statements and tax returns, monitoring compliance with Loan Policy and regulatory guidelines, assisting with loan structure.
ESSENTIAL FUNCTIONS
· Provides accurate financial analysis and risk assessment of new and existing borrowers.
· Review and analyze financial statements and tax returns submitted by applicants to evaluate their ability to repay.
· Performs periodic reviews of credit when more frequent monitoring may be app ropriate.
· Analyzes and reviews the financial condition of existing bank customers by exhibiting a high level of proficiency in the use of spreadsheets, word processing and financial analysis software.
· Interprets and evaluates consumer credit bureau reports.
· Responsible for identifying trends in client activities which may be predictive of deteriorating credit quality.
· Review of appraisals and evaluations to ensure guidelines have been met.
Credit Risk Management
· Responsible for monitoring clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreements.
· Monitors high risk loans via established procedures, with recommended transfers to the Special Assets Departments as appropriate.
· Ensures that renewals are completed on a timely basis to avoid administrative past dues.
· Ensures that annual reviews are completed in a timely fashion and that loans within the bank’s portfolio are properly risk graded.
· Performs periodic reviews of credits where more frequent monitoring may be appropriate.
SUPERVISORY RESPONSIBILITIES
· None
EDUCATION AND EXPERIENCE
· Bachelor’s Degree preferred; preferably in a business related field.
· Prefer experience in commercial loan and underwriting in a financial services environment or have related degree in a business related field.
QUALIFICATIONS AND SKILLS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disability to perform the essential functions.
· Demonstrated knowledge of cash flow, credit and collateral analysis.
· Thorough knowledge of Microsoft Word and Excel.
· Thorough knowledge of financial statement and tax return analyzing software.
· Excellent oral and written communication skills.
· Ability to make sound transactional decisions to ensure policies and directives are met.
· Ability to meet deadlines in a fast-paced production environment.
· Ability to work independently and take ownership of personal performance and development.
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 accommodations may be made to enable individuals with disabilities to perform the essential functions.
· Must be able to work at a computer for extended periods of times.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· Typical office conditions.
The above statements describe the general nature and level of working being performed. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of the position. Employees holding this position will be required to perform any other job-related dues as requested by management. The job description does not constitute and employment agreement between the employer and employee, and all requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
The Peoples Bank is an EEO/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender, identity, sexual orientation or protected veteran status
Job Type: Full-time
Benefits:
- 401(k) matching
- Health savings account
- Life insurance
- Paid time off
- Profit sharing
Work Location: In person
