Position Title:
Senior Credit Analyst
Exempt Status:
Exempt (17C)
Reports to:
Commercial Underwriting Manager
Location:Houston- Post Oak
Benefits:- Medical, Prescription Drugs, Dental, and Vision Insurance
- Insurance Eligibility for Team Members and Dependents Starting on the First Day of Employment
- 401(k) with a Match
- Basic, Voluntary, and Dependent Life Insurance
- Paid Time Off
- Paid Bank Holidays
- Workplace Wellness Programs
- Employee Assistance Programs
- Tuition Reimbursement
Job Summary: Responsible for commercial credit analysis on the bank's largest and most complicated loan requests. This individual will provide customer service to commercial loan officers and executive management through analyzing commercial loan requests, identifying strengths and weaknesses, providing recommendations and noting any deviations from policy as appropriate. This individual may also be responsible for producing periodic management reporting and other projects as necessary.
Essential Functions:
- Performs initial due diligence, analysis, and underwriting of large and/or complicated transactions.
- Analyzes financial statements and produces thorough credit memorandums for commercial loan transactions.
- Prepares written reports which include: credit profile of the borrower and guarantors; economic and market conditions as related to company and industry; in depth historical financial analysis; in-depth projection financial analysis, including the performance of "what if" scenarios that test the reasonableness of projections; in-depth analysis of the secondary sources of repayment such as collateral; and in-depth analysis of a guarantor's financial position.
- Collects and maintains industry data and researches industry specific information from outside sources.
- May attend meetings with prospective and current borrowers, in order to provide input on credit terms and assist in the business development process.
- Stays informed of current and emerging legal, compliance and market matters involving the approval of credit.
- Continues professional development through training, seminars, membership in professional associations, as applicable.
- Provides leadership to others through example and sharing of knowledge/skill.
- Maintains confidentiality of all sensitive Bank information.
- Maintains a positive and caring atmosphere for customers and employees consistent with Southside Bank's mission, CORE Values, and Blue Book culture guide.
- Provides enthusiastic, professional, and courteous service to Southside Bank customers and employees.
- Participates in proactive team efforts to achieve departmental and company goals.
- Understands and agrees to abide by the policies and procedures established at Southside Bank.
- Responsible for complying with audit policies and procedures as they pertain to this position.
- Performs duties in compliance with applicable laws and regulations, including but not limited to the Bank Secrecy Act (BSA) and related anti-money laundering laws, and in accordance with the Bank's Information Security Program.
- Must comply with all applicable laws and regulations.
Additional Functions:- Complies with all safety policies, practices, and procedures. Report all unsafe activities to supervisor and/or Human Resources.
- Performs additional duties, as assigned or directed.
Required Education/Experience:
- Four-year degree from an accredited college or university in business administration or other related area of study or equivalent education and experience relevant to lending activities in a financial institution.
- A minimum of 5-7 years of credit experience with a track record of consistently increasing responsibilities and work knowledge.
Necessary Skills:
- Superior loan evaluation ability and ability to conduct analysis.
- Proficiency in overall computer applications including ability to prepare spreadsheets and professional reports.
- High level of competency and comfort with financial accounting concepts.
- Must be proficient in lending systems and risk scoring models.
Physical Activity/Dexterity:- Manual dexterity sufficient to reach/handle items and work with fingers. Works with fingers and perceives attributes of objects and materials.
Physical Environment Demands:- Must be able to remain in a stationary position 90% of the time.
- The person in this position needs to occasionally move about inside the office to visit other offices, conference rooms, office machinery, etc.
- Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
- Constantly positions self to operate on a computer.
- The person in this position frequently communicates with other people throughout each day. Must be able to exchange accurate information when conversing.
Working Conditions/Environment:- Well-lighted, heated and/or air-conditioned indoor office setting with adequate ventilation.
- Moderate noise (e.g. business office with computers and printers, light traffic).
