Commercial Credit Analyst
Location:
Ohio
Compensation:
$75-85K Or More Plus Bonus
Company Description
Founded over 130 years ago, my client is a leader as a Top Regional Bank in Ohio. Current asset size $4.5 Billion and GROWING!
· 40+ locations and growing…from Sandusky and Cleveland to Columbus, Dayton and Cincinnati
· Strong financial numbers year after year and very low non-performing loans
WHY YOU SHOULD BE INTERESTED!!
· Great opportunity to work at one of the Top Community Banks in the State!!
· Opportunity to grow into a Commercial Lender role
· Voted “One of the Best Employers in Ohio” 15+ years in a row!!
· Be part of the 401k, Profit Sharing and Success Sharing Plans
· Choose to be based in any of 8 locations with a Hybrid/Remote option
Position Summary
SUMMARY:
Under supervision, the Credit Analyst will conduct credit investigations, prepares and interprets financial statements for detailed spreading, and analyzes routine credit information pertaining to Commercial Loan Requests and Loan Reviews. Prepares reports and information for management and Loan Committees; furnishes information in relation to credit inquiries; provides assistance to commercial loan officers as request.
RESPONSIBILITIES:
· Investigating all available sources of credit and financial information, including reporting services, credit bureaus, other companies, bank references, and in-house credit information.
· Spreading and analyzing financial statements and related material using the appropriate software programs.
· Under supervision, preparing summaries, presenting facts, and offering opinions concerning credit worthiness.
· Summarize conclusions in Loan Presentations and Loan Reviews.
· Conduct analysis of the market (customers) and industry (competition, suppliers, and potential new entrants) and management teams.
· Assist with special projects and reporting assignments in Credit Administration.
· Know and understand Bank/Credit policies and procedures.
· To provide computer support, including data entry, in the maintenance of the loan analysis systems.
· Understand new and pending laws and regulations that affects the organization’s credit practices.
· Participate in the ongoing development of commercial credit policies and procedures that safeguard the Bank.
· To provide and maintain reporting requirements on Bank customers’ credit obligations.
· Recommend risk grade changes.
· Complete Loan Reviews as directed by Lead Loan Review Analyst or Credit Administration Manager.
Education & Experience
EDUCATION / EXPERIENCE:
· Three to five years of commercial credit and lending experience.
· Business, finance, accounting major preferred, other majors with a business minor also acceptable; or equivalent experience.
· A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature.
· Knowledge of banking industry practices relative to commercial banking.
· High level of analytical ability
· Strong written, verbal and interpersonal skills; ability to maintain confidentiality of information, as appropriate.
· Understanding of the components of financial statements and personal/corporate tax returns.
· Proficiency with Microsoft Office products (Word, Excel, Access, Power Point, etc.) and financial statement spreading software is required.
· A high level of initiative, thoroughness, accuracy and organizational skills required.
· Detail oriented with effective judgment and time management.
SCOPE:
Reports to: Head of Credit with no direct reports.