Senior Credit Analyst

About The Role

You serve as a vital role in the commercial lending process, responsible for conducting high-level analyses on commercial/business loans. Will work closely with Commercial Lenders to prepare loan presentations for the Loan Committee: Identify proposed loan terms and determine if request meets bank policy.

We are currently searching for the right person to join our team as a Full-Time Senior Credit Analyst.

Job Duties:

• Perform financial covenant calculations for compliance monitoring and exceptions required on customer within the bank.
• Manage required financial reporting, compliance certificates and other required reporting such as rent rolls, borrowing bases, and other loan agreement requirements for customers within the bank.
• Determine any violations within loan agreements for customers within the bank being monitored for credit committee.
• Performs financial analysis, complete annual review loan packages, and make recommendations on existing credits for risk grading and exposure limits.
• Perform regular loan portfolio reviews based on risk and/or size of all credit types (commercial, consumer, residential, equipment, Small Business Administration, mortgage, HELOC, participations, etc.) for asset quality, thorough and accurate documentation and compliance with relevant state and federal regulations.
• Determines credit worthiness by analyzing various commercial credit vehicles including financial statements (Balance Sheet, Income Statement, and Statement of Cash Flow), commercial credit bureau reports (Dun and Bradstreet, Experian & Equifax), SEC Filings, bond ratings, grants, tax returns, letters of credit, and budgetary information.
• Review third party reports, cash flow analysis, credit strength, property characteristics and all other information pertinent to the credit decision process on each application.
• Monitors and tests compliance with loan covenants and conditions, prepares borrowing bases and assists in draw processing for a lending relationship.
• Uses a thorough understanding of the Bank's underwriting guidelines as well as analytical skills to produce basic to intermediate credit analysis for new extensions of credit, renewals of credit, annual reviews, modifications and other assignments.
• Prepares annual reviews for lending relationships by analyzing updated financial information along with current market/industry data to verify continuing credit worthiness of borrowers, recommending adjustments to the risk profile of the relationship accordingly.
• Assist with creating and distributing job related managerial reports.
• Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all Company policies and procedures.
• Complete and pass all required regulatory compliance training as assigned.
• Participate in special lending-related projects and meetings as directed.
• Perform any additional duties and tasks assigned by management.

About You

Qualifications & Skills:

• Intermediate Excel capabilities including macros, pivot tables and formulas
• Ability to use key performance metrics and data to provide insights and make strategic business recommendations
• Ability to organize, analyze and interpret data to explain complex irregularities or trends
• Strong communication and presentation skills
• Travel to business locations will be required.

Work Schedule: Monday-Friday from 8am to 5pm with a 1 hour lunch break.

Education, Experience & Licenses:

• Bachelor's degree ( finance, accounting, or related field)
• Minimum 12 hours of college level accounting; including intermediate accounting I & II required
• Prior nCino experience required
• At least 3 years of underwriting experience required.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms.

Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance. Must be capable of climbing / descending stairs in an emergency situation.

Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

What We Offer

COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a retirement savings plan, including 401(k) and Profit-Sharing plans, short and long-term disability benefits, education and training benefits, and discounts on banking products and services. We also offer a generous Paid Time Off (PTO) plan and paid holidays. PTO accruals begin at .0745 per hour worked for our part time employees up to a maximum accrual of 240 hours per year for certain Full-Time employees. PTO accruals are dependent on position, status (Full time or Part time), and years of experience in accordance with our PTO policy. Most Full-Time employees are also offered 6 paid holidays and Part Time employees are offered pro-rated paid holidays. In addition, employees in Utah and Nevada may be eligible for pay for certain state recognized holidays. Visit our website for more details. Check it out!