Job Title: Credit Analyst
Department: Credit Administration
Reports To: Director of Credit Administration
FLSA Status: Exempt, Grade 8
SUMMARY
Assists Loan Officers in conducting credit investigations and preparing credit memorandums for diversified types of loans, including construction, commercial and commercial real estate loans.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Collects, organizes, and analyses all data for loan requests.
Recommends loan structure and terms to Loan Officers.
Contacts customers for additional information and clarification of data.
Analyzes borrower's financial position by interpreting and evaluating financial statements, tax returns, and/or projections.
Performs cash flow, trend, and ratio analysis.
Analyzes rent rolls, A/R aging, leases, appraisal, environmental, and/or title reports.
Assigns and maintains the appropriate loan risk grades according to the Bank's Loan Policy.
Ensures that sources of repayment are sound and well documented.
Conducts loan related industry and market research.
Prepares a comprehensive credit memorandums and provides opinions and recommendations regrading proposed loans and potential risks.
Monitors borrowers' financial stability by analyzing financial statements and collateral.
Reviews loan documents for accuracy, completeness, and adherence to to credit memorandum covenants and conditions.
Prepares quarterly Loan Review reports for certain credits
Assists in preparation of monthly Credit Administration reports.
Conducts analytical credit-relevant studies and industry research.
Possesses a full understanding of the Bank's credit culture, Loan Policy, and current economic and industry trends.
Contribute to development of new polices, procedures, and methodologies.
Performs other duties as assigned.
SUPERVISORY RESPONSIBILITIES
None.
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