Perform analysis of financial statements and tax returns to evaluate existing and projected cash flow.
Analyze the strengths and weaknesses of the borrower and management team.
Conduct industry research to identify key drivers, challenges, and trends that are most relevant.
Utilize financial ratios and industry peer comparisons to evaluate borrower performance.
Perform review of commercial/residential property appraisals, evaluations and environmental reports.
Review preliminary research such as UCC lien searches, property information, etc.
Prepare detailed Credit Memorandums with defined credit quality expectations and within credit policies and procedures for review and approval, including recommendations, key risk factors, sources of repayment, cash flow modeling, leverage profile assessment and ability to service debt.
Complete annual reviews and covenant compliance on defined bank portfolio.
Works closely and communicates clearly with BBOs in all aspects of evaluating loan requests including identifying the necessary information for the analysis of new and existing credits.
Perform all job duties and maintain compliance with all banking acts, laws and regulations applicable to the job function.
Non-Essential Duties and Responsibilities
Works on specific projects or tasks as needed.
Qualifications Required
(Required education may be satisfied by experience and/or working knowledge)
A Bachelor’s degree in Accounting, Finance or equivalent and five (5)+ years’ experience in the analysis of financial information (financial statements, tax returns, etc). Proficiency with Word and Excel to include formatting of spreadsheets.
Physical Requirements and Working Conditions
Sitting for extended periods of time, requires close visual acuity and the ability to work and operate computer applications and equipment including copy machine, telephone, scanner or other basic business equipment. Must have the ability to move or at least lift 10 pounds. The job is within the normal office environment range.
Qualifications Preferred
Bachelor’s degree and six (6)+ years’ experience in credit or financial analysis.
Knowledge, Skills and Abilities Required
Requirements stated here are minimum levels of knowledge, skills and/or abilities to qualify for this position. To perform the duties and responsibilities of this position successfully, the employee must possess the abilities and aptitudes to perform each task proficiently. “Ability” means to “possess and apply” both knowledge and skill.
Knowledge
A high level knowledge of accounting principles and practices, banking and the analysis and reporting of financial data.
A high level of knowledge of tax returns and financial statements and the ability to give recommendations regarding the ability to repay on commercial credits.
Knowledge of administrative and clerical procedures and systems to include work flow, processes, managing files/records or other office procedures.
Knowledge of loan request presentation information.
Skills
Communicate effectively in writing correspondence or emails appropriate for the needs of the audience.
Organize and prioritize work assignments and manage time effectively.
Provides information to supervisors, co-workers and customers to convey information effectively.
Identify problems and analyzes information to develop and evaluate all options and implement solutions.
Consider all potential actions and consequences in making a good decision relative to the situation at hand. May also include making decisions that affect other people and/or the image and reputation of the bank.
Compiling, categorizing, calculating and verifying information.
Abilities
Possesses the ability to listen to and understand information and ideas presented through spoken words and sentences. To communicate information and ideas in speaking so others will understand.
Possesses the ability to apply general rules to specific problems to produce answers that make sense.
Develops constructive and cooperative working relationships with others.
Possesses the ability to be exact or highly accurate. Requires being detailed and thorough in completing work tasks.
Develops specific goals and plan to prioritize organize and accomplish goals.
Job requires being open to change and to variety in the workplace (to multitask).
Possesses the ability to work in a high stress and fast paced environment.
Possesses the ability to learn and utilize different software programs.
Skills
Preferred
Written Communication
Teamwork
Initiative
Good Judgment
Financial Analysis
Excel
Critical thinking
Analytical
Behaviors
Preferred
Team Player: Works well as a member of a group
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Motivations
Preferred
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
Self-Starter: Inspired to perform without outside help
Goal Completion: Inspired to perform well by the completion of tasks
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
