Description:
Commercial Credit Analyst
Responsible for providing detailed analysis of financial statements and credit histories for loan personnel to assist in administration of commercial borrowing accounts.
“HOW WILL I BE CHALLENGED?”
· Spreads financial statements and prepares financial projections
· Obtains and analyzes all necessary financial data using specialized commercial credit analysis software
· Assists in the preparation of simple and/or routine credit requests/reviews
· Communicates with credit applicants when necessary to develop information concerning their business needs and earnings to determine whether a loan may be an acceptable risk
· Supports unit's goals through effective credit analysis of applications for credit
· Interacts with credit administration, servicing, operations, appraisal, legal and other related personnel. as needed for loan maintenance and/or troubleshooting
· Makes recommendations to relationship manager for loan approval and terms
· Coordinates ordering documents and assists in documenting loans to evidence debt and to ensure perfection of the bank's security interest in compliance with regulatory and legal requirements
· Identifies opportunities to refer customers and/or potential customers to other departments to provide services that meet their needs
· Promotes satisfactory customer relations
· Keeps informed of changes in economic and/or market conditions that might affect credit risk
· Performs other duties as assigned or requested
“HOW CAN I BE CONSIDERED?”
· Bachelor's degree in business or economics
· Two semesters of accounting
Administrative/Technical Skills:
· Negotiating skills
· Verbal and written communication skills
