Junior Credit Analyst

Description

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.

Summary:

The ARM Junior/Junior Credit Analyst supports the production team by handling more routine tasks. The ARM Junior conducts credit analyses including gathering, analyzing and interpreting all types of credit information on existing and prospective customers and portfolios. The ARM Junior works with RMs, Loan Coordinators to close loans and/or assist in monitoring and administering the loan portfolio in accordance with loan approval; and, works with other Bank associates as necessary/requested. They will gain experience and expertise to take on more complex responsibilities, contributing to the overall efficiency of the team.

Requirements

Essential Duties & Responsibilities

• Perform assigned duties in accordance with the Bank’s Mission, Vision and Core Values; and provide the Bank’s customers with timely, responsive and exceptional service in accordance with the Bank’s customer service standards.
• Adhere to defined Service Level Agreements, both internal and external.
• Investigate, interpret and analyze credit reports.
• Spread and analyze financial statements and information to evaluate existing and projected company cash flow.
• Conducts research and prepares presentations for annual relationship reviews with clients
• Assist in or independently prepares credit approval documents for less complex credit actions
• Assist in monitoring loans through timely collection of financial information / tickler management.
• Create and maintain customer files within defined bank standards.
• Review financial information for loan compliance in order to maximize credit quality and minimize risk and potential loss.
• Assist RM with maintaining current financial information consistent with loan approval and ensure maintenance of the credit file.
• Analyze financial statements using software such as Moodys and Bukers.
• Conducts industry research that is relevant to lending opportunities
• Participate in Credit Trainings to remain current on standards and expectations.
• As requested by RM, assist in the preparation of Preflights and LOI’s.
• Review portfolio reports to be informed of workflow, maturing loans (early identification of need for loan extensions), covenant compliance, etc.
• Analyze/recommend line draws (via Borrowing Base Certificates, Construction Draws, etc.) as requested by RM.
• Maintain knowledge of and compliance with banking regulations.
• Perform other duties as assigned.

Required Qualifications

• Bachelor’s degree in Business, Finance, or related area; or equivalent work experience.
• Working knowledge of accounting principles with the ability to conduct basic analysis of business financial statements

Preferred Qualifications

• Good knowledge of economics, accounting, and finance.
• Basic knowledge of risk analysis.
• Able to work with minimal supervision with multiple priorities and deadlines
• Proficient computer skills with collaboration and productivity tools including Windows-based operating systems and office suites (Microsoft Word, Outlook, Excel, PowerPoint); spreadsheet applications to organize data used for advanced data analysis; internet; email; and bank software.
• Effective oral and written communication and time management skills.