Role
Responsible for providing competent credit analysis for complex commercial lending activities, assistance in the administration of commercial borrowing accounts, conduct appraisal reviews, training of credit analysts, and assistance in the completion of special projects and assignments. This position may be designated as a dual employee of the Thomaston Mortgage Services Passive Investment Company (PIC) and may be required to participate in the annual PIC time study.
Major Duties and Responsibilities
Description
Completes a thorough, in-depth analysis of new commercial credit requests, credit change requests, renewals and annual relationship reviews. Recommend risk rating including changes when analysis merits. Produces a concise written analysis narrative for presentation to Lenders, Executive Management, Loan Committee and/or Board of Directors.
Spreads financial statements (personal, business and corporate) regularly to assist lenders in analyzing credit requests. Conduct appropriate credit analysis of financial information and perform comparative analysis on companies with similar financial statements. Promptly report findings to Credit Manager that may have an adverse effect on the loan collateral or the Borrower's ability to repay the loan.
Navigates LoanVantage and other Bank systems efficiently, manages pipeline, attends MLC meetings as needed and serves as a resource for Credit Analysts, Credit Administration, and Commercial Closing Administrators.
Reviews loan presentations prepared by other credit analysts for adherence to underwriting standards for new and existing loans reviewed. This includes loan details, financial statements, spreads, cash flow analysis, approvals, etc.
Assist with projects that will consist primarily of credit administration items and may relate to possible changes in policies and/or procedure, possible changes as a result of examiner or auditor recommendations, peer group analysis, market studies, changes in compliance and regulations, software upgrades, monitoring of industry or borrower concentrations, risk assessments, and feasibility studies for efficiency gains such as out-sourcing, in-sourcing, centralization of duties/staff, etc.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, in addition to all company policies.
