Skip to content

Commercial Credit Analyst

This job is no longer available

Employer
Search Leaders
Posted
Monday, April 2, 2012
Closes
Tuesday, May 14, 2013
Location
Minneapolis-St. Paul-Bloomington, Minnesota, USA
Employment Status
Salary
$50,000.00 - $75,000.00

Further information

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

 

Search Leaders