Credit Analyst independently performs a variety of duties for the Credit Administration department; assists with the loan process by inputting and analyzing financial information of businesses and individuals to determine the degree of risk involved in extending credit or lending money; conducts credit investigations; assists in underwriting commercial credit requests, generally, for credit requests up to $500,000, working collaboratively with and making discretionary recommendations and suggestions to Relationship Credit Managers, Relationship Managers, and Senior Management.
- Primarily responsible for analyzing credit and financial information (e.g., credit reports, tax returns, financial statements, etc.) to determine levels of credit risk involved in lending money to commercial customers, with minimal direction from Relationship Credit Managers, Relationship Managers and management. This includes but is not limited to:
- Entering financial figures into appropriate programs to generate ratios, examine data to assist in determining credit worthiness of applicants, and/or assist in the assessment of compliance with loan terms and/or changes in the credit risk profile of an existing Borrower.
- Reviewing and entering accounts receivable/payable agings, and at times inventory reports, into the Bank’s Borrowing Base Analysis spreadsheet program to ensure Borrower remains within their Borrowing limits (Formula-Based Revolving Line of Credit Borrowers).
- Generating cash flow projections using key drivers and assumptions.
- Reconciliation, calculation and interpretation of ratios, comparative, trend and market analysis, accurate cash flow analysis, and stress-testing.
- Works independently with Relationship Credit Managers and Relationship Managers to identify client issues and make discretionary problem solving decisions to meet those credit needs.
- When time permits, underwrite loan renewals, generally, for loan requests of $500,000 or less.
- Understand and comply with credit policy and procedures.
- Familiar with and understands the Bank’s Commercial Lending Policy.
- Efficiently identify items needed to complete tasks.
- Coach and provide guidance to Associate Credit Analysts, trainees, and other colleagues in other departments of the Bank.
- May complete Bank reference letters for third parties on behalf of clients.
Education and Experience
- Bachelor’s degree in Business, Finance or Accounting, or equivalent related experience.
- Two (2) years of experience.
- Must possess a valid California state driver’s license.
- Must be bondable.
|Job Category||Credit Administration|