This is an entry-level analysis position responsible for the evaluation of commercial credit risk and deal structure for non-complex small business, commercial & industrial and commercial real estate customers. Prepare a thorough analysis of all aspects of the credit, including the preparation of financial/industry projections in conformance with established Bank policies, strategies and procedures for new loan requests, renewals and annual reviews. Review standard loan documentation for conformance with approval terms.
Prepare Small Business and Commercial Credit Approval Memoranda for presentation to loan approval hierarchy. Utilize automated credit approval methods to underwrite small business requests to properly assess cash flow, capacity, collateral and all major risks associated with the Bank lending to these businesses. Interact with BDO's, borrowers and applicants to obtain appropriate information to complete a credit analysis. Maintain tickler for borrower covenant compliance and financial reporting requirements. Participate in credit training curriculum. Assists with special projects or other duties as assigned.
To perform the job successfully, an individual should demonstrate the following competencies:
Limited Independence - Ability to typically work autonomously as the individual is not fully trained in all aspects of commercial credit analysis.
Oral Communication - Speaks clearly and persuasively in positive or negative situations; Listen's and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.
Written Communication - Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.
Cost Consciousness - Works within approved budget; Contributes to profits and revenue; Develops and implements cost saving measures; Conserves organizational resources.
Ethics - Treats people with respect; Keeps commitments; inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Support's organization's goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity.
Education and/or Experience: BA in Business Administration, Accounting, Finance, or Economics.
Qualifications: 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 disabilities to perform the essential functions.
Language Skills: Ability to read and interpret loan & legal documents such as state and federal regulations, and procedure manuals. Ability to write complex credit memorandum and correspondence. Ability to speak effectively before groups of customers or employees of organization.
Mathematical Skills: Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Other Skills and Abilities
* Strong technical and analytical skills * Effective written and verbal communication skills * Thorough knowledge of credit policy, procedures, regulations and applicable law
* Proficient in Microsoft Office, including Word, Excel, Access, Outlook and PowerPoint. * Proficient in general web based applications and Adobe Reader.
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.
While performing the duties of this Job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand; walk; sit and reach with hands and arms. The employee is occasionally required to climb or balance and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and distance vision. The noise level in the work environment is usually moderate