Credit Analyst II

Overview

Primary Location : 491 N Cleveland-Massillon Road, Akron, OH 44333

Or : Additional Location - Main Office : 800 Philadelphia Street, Indiana, PA 15701

Hours : Monday - Friday 8AM-5PM. Additional hours as necessary to meet the objectives of the department.

Function : Responsible for providing an independent analysis of credit quality for loan relationships of average to above average levels of complexity at the bank to determine borrowers financial condition and ability to repay; reviewing credit facility requests to determine compliance with structural, corporate policies and procedures and ensuring that proposed transactions comply with government regulation; preparing accurate credit approval documents, in accordance with Department procedures, which outline the material strengths and weaknesses of the proposed transaction(s); recommending appropriate risk ratings to borrowers or specific loans; supporting credit and lending staff through completion of particular analysis requested which would be classified as above average in complexity; conducting annual credit reviews.

Duties and Responsibilities

• Determines whether information submitted for underwriting adheres to bank policy and procedures as well as regulatory requirements for commercial credit applications and reports non-compliance to relationship manager and supervisor.
• Researches and demonstrates a working knowledge of commercial loan documentation, agreements, leases, contracts, and other technical documentation of a legal nature. Identifies the documentation necessary to complete a loan documentation file for common commercial products offered and to perfect common types of collateral.
• Reviews loan terms and conditions and transaction sources and uses to determine whether minimum credit policy and procedure requirements have been met. Identifies improper structure and reports findings to supervisor and / or relationship managers.
• Conducts background checks and credit bureau inquiries via third party vendors to prevent fraud and assess the overall character of credit applicants.
• Working knowledge demonstrated by the ability to analyze higher-risk and / or specialized industries common in commercial lending transactions, including but not limited to automobile dealers, land acquisition and development, contractors, healthcare providers, ESOPs, water and sewer authorities, and municipalities.
• Responsible for the efficient and accurate spreading of financial statements and the production of moderately to above average complex cash flow analysis / project analysis in accordance with prescribed bank procedures. The individual must possess the knowledge and experience to perform a detailed analysis of a customers Balance Sheet, Income Statement, Statement of Cash Flow, and project cash flow (if applicable) resulting in an effective evaluation of credit capacity of borrowers while identifying assumptions utilized. Conducts more complex analysis of multiple collateral types based on S&T Bank's policies and procedures, identifying and relating collateral shortfalls to Relationship Managers.
• Analyzes and identifies pertinent historic trends in the customer's business and communicate whether these trends positively or negatively affect repayment capacity. Must be able to research, analyze and interpret industry / market data including trends as it relates to a potential customer.
• Identifies appropriate financial covenants in concert with credit policy and or procedures and reports these items to Support Manager during underwriting process.
• Identifies significant credit issues during the underwriting process through the strengths and weaknesses portion of the credit presentation. Responsible for outlining / detailing the methodology utilized in determining strengths and weaknesses.
• Works closely with other departments, specifically secured credit to ensure, when applicable, strengths / weaknesses in collateral are addressed within credit facilities.
• Prepares the entire underwriting document utilized by senior / executive management to approve loans of up to senior loan committee level credit risk exposures. Ensures that documents are accurate and that assumptions are evidenced in the proposal.
• Recommends appropriate risk ratings to proposed loan transactions, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Communicates methodology utilized to supervisors during final credit submission.
• Recommends appropriate risk ratings for borrowers or specific facilities, when applicable, outside of the loan approval process, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Communicates all methodologies utilized to supervisors during final credit submission.
• Occasionally accompanies lending officers on calls with commercial loan customers.
• Provides guidance and oversight to Credit Analyst I employees. Acts as mentors to Credit Analyst I's within the department. May conduct training on an "as needed" basis.
• Assumes additional duties as requested, including special projects.

Physical Demands

Operates a keypad device 70% of the day. Operates office equipment 10% of the day. Spends time providing training and attending training 20% of the day. The primary parts of the body involved in performing these tasks are fingers, thumbs, hands, wrists and elbows. Sitting is required 7 hours per day. Standing and walking are each required 1 hour per day. Routinely lifts 5 lb., 5 times per day, maximum lift 40 lbs., one time a day. Occasional ability to lift and / or move up to 20 lbs. Requires use of manual dexterity skills for typing up to 90% of the business day. Visual requirements include close vision at 18-20 inches, distance vision and depth perception for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education

Requires four year college degree. Major or area of specialization : Bachelor's degree in Accounting, Finance or Economics with minimum of six hours in accounting. On-the-job experience as a credit analyst, and / or completion of a formal credit training program through a regulated financial institution, along with on-the-job experience, may be considered in lieu of four year college degree.

Moderate understanding of accounting concepts used in the preparation of financial statements of moderate to large sized commercial enterprises. Working knowledge of the more significant IRS rules used in the preparation of business and personal tax returns.

Working knowledge of widely used credit analysis methodologies and techniques, including, but not limited to pro forma analysis, financial projections, discounted cash flow analysis, breakeven analysis, sensitivity analysis, and analysis of operating leverage.

Experience

Two to five years of specialized training is preferred, specifically two years of credit analysis and / or two years of loan review experience.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Salary Range

$36,438.00 - $77,000.00

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