Senior Commercial Credit Analyst

Job Description

Job Description

OVERVIEW:

Responsible for financial analysis of our commercial customers of varying complexity and size. Identifying risk, reviewing requests against bank policy and evaluating loan structure are all components of this role. Supporting the Bank’s Credit Officer with credit & risk analysis and all other supporting functions of the Bank’s commercial loan portfolio.

ESSENTIAL FUNCTIONS:

Reasonable accommodation may be made to enable individuals with disabilities to perform these essential functions.

• Review and spread financial information received and create cash flow.
• Complete analysis of annual reviews on existing accounts and new loan requests. Prepare written reports to be presented for approval. Analysis will include financial, collateral position, guarantor strength and risk assessment.
• Receive & review all loan packages from the Lenders for completeness. Inform lenders of any missing items that will be needed for underwriting. Assure proper compliance documentation is maintained in the loan files.
• Maintain electronic credit files. This includes scanning all documents and reports to be utilized to underwrite a loan.
• Provide support with portfolio management. This can include but is not limited to tracking financial statements, renewal dates on loans and communicating information to the Lender(s) and Borrower(s) accordingly.
• Conduct thorough financial, cash flow, and collateral analysis of credit requests.
• Provide support to Commercial Loan Processor on appraisal reviews, term sheets, commitment letters and closing loans as needed.
• Assign risk rating outlining strengths and weaknesses of each credit.
• Perform recommendations based on analysis and assessment of risk within the framework of the Banks credit culture, current economic condition, and industry trends.
• Clear and concise technical writing with understanding of accounting, various financial statements, ratios, forecasting, and concepts.
• Efficiently manage deadlines in a high-pressure work environment.
• Review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information.
• Analyze financial information and related materials and complete the credit analyses for the Bank’s commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals.
• Other tasks assigned by Management.

The preceding functions have been provided as examples of the types of work performed by employees assigned to this job classification. Management reserves the right to add, modify, change or rescind work assignments and to make reasonable accommodation as needed.

SUPERVISORY RESPONSIBILITIES:

None

WORK ENVIRONMENT:

Typical office environment. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. If applicable, standard 40 hour work week expected, though position may sometimes require early arrival, late departure, and/or Saturday / Sunday hours. While performing the duties of this job, the employee regularly works in an office setting. Regular travel between main office and branches, often within day of notice.

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 accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is generally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

REQUIRED KNOWLEDGE, SKILLS AND/OR ABILITIES:

• 3 years’ experience as Credit Analyst at a financial institution required.
• Bachelor’s degree and/or equivalent experience required.
• Strong analytical skills with proficiency in financial modeling and analysis of credit metrics.
• Strong verbal and written communication skills.
• Critical thinking and problem-solving abilities.
• Attention to detail with a high level of accuracy.
• Strong organizational and time management skills.
• Ability to work independently and as a part of a team.
• Customer focused with strong interpersonal skills.
• Proficiency with Microsoft Office.

Winchester Co-operative Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.