Senior Credit Analyst

SUMMARY: Evaluates the financial condition of individuals and businesses applying for consumer, commercial and real estate credit with the bank. Will be assigned loans of varied complexity, particularly those with the highest complexity. Performs other related duties as necessary.

ESSENTIAL DUTIES AND RESPONSIBILITIES 

Supports lenders through financial/credit analysis, collateral analysis, ratio calculation and other requested underwriting support for new loans, renewals and loan reviews. Reviews credits above $500K for commercial real estate loans and above $250K for commercial/consumer loans.

Researches and analyzes pertinent financial information for existing and potential commercial and consumer clients. 

Collects all necessary client prepared information and completes internal financial statement spreadsheets and projections of client’s financial condition.

Provides research into industry trends and evaluation of market data impacting prospective or existing clients’ business. Evaluates and reports on collateral adequacy.

Evaluates an individual’s or company’s stability, aptitude of management and creditworthiness by analyzing personal and corporate documents including balance sheets, income statements, tax returns, K1 schedules, etc. Validates any assumptions, projects, and overall company viability and ability to repay the credit request. Uses internal and web-based analysis tools as needed to document findings. 

Reviews appraisal reports.

Prepares and presents to Loan Officer written credit memoranda for credit approval, ensuring that all credit policy guidelines are adhered to and deviations are properly noted with valid and supporting mitigants.

Provides guidance to line partners regarding specific requirements of Credit Policy. Evaluates and recommends to Loan Officer the loan terms, covenants and conditions to ensure compliance with Credit Policy.

Monitors and reports to manager and line partners on covenant compliance for assigned loans. Interacts with other partners to report non-compliance to appropriate lending staff.

Evaluates bank’s vendors’ stability and analyzes pertinent financial information

Researches and analyzes pertinent financial information for existing ACH clients.

Assists Chief Credit Officer to complete portfolio stress test.

Provides coaching and mentorship to Credit Specialists and Credit Analysts.

QUALIFICATIONS 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE 

Bachelor's degree in Accounting or Finance; five years of commercial and commercial real estate underwriting experience; or equivalent combination of education and experience. Working knowledge of applicable industry laws and regulations required to review credit risk. Solid understanding of commercial credit analysis, including financial conditions, operating results and cash flow analysis. Formal credit training is required. Strong verbal and written communication skills. PC proficient in MS Word and Excel. 

All candidates for hire will undergo a credit and criminal background check. Only qualified candidates will be contacted. 

Grove Bank & Trust is a drug-free workplace and an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to protected veteran status and will not be discriminated against on the basis of disability. If you need a reasonable accommodation at any stage of the application or interview process, please contact us at 305-808-3713.