Summary:
This role supports the Commercial Credit Admin team by performing credit, financial statement and cash flow analysis, business loan approvals and other related department support functions.
Essential Duties and Responsibilities:
- Perform analysis of complex financial statements and tax returns utilizing software systems.
- Research and examine credit risks, assess history, and articulate reasons for support of an extension of credit.
- Prepare credit submissions to Sr. Management when recommending approval.
- Responsible for conducting on-going verification and regular tracking of members’ credit quality through periodic review of credit reports, analysis of required financial information, and any other approval conditions.
- Perform periodic covenant compliance checks on borrowers and guarantors as required.
- Responsible for ensuring timely loan renewals and annual term loan reviews.
- May serve as mentor to new team members.
- Provide training and/or guidance to internal customers to enhance and develop commercial business acumen within the organization.
- Identify process improvement opportunities to continually enhance member experience and internal service.
- In conjunction with manager and Compliance, ensure regulatory changes are vetted and implemented to ensure compliance.
- Demonstrate strong written and verbal communication skills.
- Ability to be a self-starter and take ownership of various processes.
- Personal computer knowledge including word processing and spreadsheet abilities.
- Demonstrated ability to work well in a team environment
- Deep knowledge of commercial loan documentation required.
- Strong business acumen and knowledge of commercial lending environment.
Required Knowledge, Skills, Abilities, and Experience:
- Bachelor's Degree in Finance, Accounting, or other related field required.
- Six+ years of credit underwriting experience.
- Demonstrated expertise in utilizing systems to analyze tax returns and financial statements and in drawing sound conclusions and recommendations preferred.
- In depth knowledge of credit analysis, credit administration, credit policy and risk analysis preferred.