Credit Analyst

JOB DESCRIPTION

BASIC FUNCTION :

Performs independent analysis of loan requests for the purpose of recommending approval, denial, or alternate structures, while noting any deviations from loan policy. Assist in the development of the procedures and processes to support the objectives of the position.

REPORTS TO : Credit Administrator

SUPERVISES : None

MINIMUM QUALIFICATION :

EDUCATION : Bachelor's degree (Master's preferred) in Finance, Accounting, Business or

Economics.

• OR -

EXPERIENCE : Six to eight years of well-developed credit skills.

SENSORY AND PHYSICAL REQUIREMENTS :

Must have ability to read documents from many sources.

Must be able to communicate audibly in and with staff, customers and general public.

DESIRABLE QUALIFICATIONS :

RESPONSIBILITIES (the essential responsibilities of the position include, but are not limited to) :

40% 1. Analyzes financial statements (including performance ratios) of all levels of quality to develop initial assessment by identifying strengths and weaknesses pertaining to a borrower's historical operating performance. Independently discusses alternative structures, overall assessments and turnaround requirements with loan officer regarding their work. Prepares and reviews in-depth written analyses for relationship of all sizes and all levels of complexity, including those that gain the greatest exposure.

40% 2. Assist in overall workflow of a credit package between loan officer and decision. Communicates effectively and efficiently with loan officers to provide a seamless workflow of credit package. Ensure packages are within policy in accordance with the Credit Manual.

20% 3. Researches industry specific information from outside sources, including conversations with borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet.