Responsibilities include:

• Create, maintain, and monitor all loan and credit files.

• Successfully spread and analyze business financial statements and/or tax returns using Moody’s or similar program and have an understanding of cash flow reports, financial ratios, trends, etc.  

• Complete start-up sheet and set up (originate) loans (currently). Track for Reg B requirements: client contact, incomplete letters, etc.

• Run credit reports on companies and individuals to assist in the analysis process. Conduct research on specific industries or companies to assist Business Bankers.

• Order and review formation documents & UCC searches (if applicable) for Borrowers.

• Order loan documents and review documentation for consistency and accuracy of Credit Narratives. This requires working with the Borrower, Commercial Loan Operations, and in some instances, outside legal counsel.

• Monitor existing credit facilities for financial and reporting covenant compliance. 

• Review the covenant log to ensure updated financial information and covenant compliance. 

• Notify Borrower and Guarantor when loans are in default and to update information. 

• Correspond with Credit Administration on waivers, amendments, etc. 

• Assist and work with clients on all levels of the business banking relationship, including: loan advances and payments, collecting loan and legal fees, calling on delinquencies, assisting clients with various loan and deposit related inquiries, credit ratings, etc. 

• Underwrite credit narratives for new facilities as well as for renewals, modifications and short-term extensions. This includes financial and risk analysis, FRB strategy, purpose of loan, repayment sources, collateral, financial & reporting covenants, and company summary. 

Qualifications:

• Analyst must have experience and be able to successfully underwrite business banking credits ranging from simple to complex.

• Proficient in Microsoft Office, Bisys, AFS Level III, and Moody’s.

•  Minimum 1-2 years of credit analyst experience

If interested, please email your resume to ib@careergroupsearch.com. Only local candidates will be considered. Qualified candidates will be contacted.