Credit Monitoring Analyst

Summary:

The Credit Monitoring Analyst is responsible for supporting the ongoing monitoring of commercial credit relationships, with a primary focus on covenant testing and annual relationship reviews. This position will help ensure existing credit relationships are reviewed timely and accurately by analyzing borrower financial information, identifying potential covenant exceptions or credit concerns, and supporting the documentation needed for relationship monitoring.

Essential Duties and Responsibilities:

• Perform covenant testing once borrower financial information is received, including reviewing applicable loan requirements, calculating covenant compliance, documenting results, and identifying potential exceptions or follow-up needs. 

• Prepare annual relationship reviews once a full financial package has been received, including review of financial performance, borrower trends, guarantor or related-party information when applicable, and overall relationship condition. 

• Provide support to loan officers and commercial officers through financial statement spreading, analysis of existing credit relationships, and preparation of monitoring-related documentation. 

• Review financial information and supporting documents to identify trends, weaknesses, covenant-related concerns, or other potential risk factors that should be escalated to Credit Management or lending personnel. 

• Collaborate with commercial officers, credit analysts, and credit management to ensure required information is complete, accurate, and sufficient to complete assigned monitoring or support requests. 

• Understand and comply with bank policy, laws, regulations, and other applicable programs, including completion of required compliance training and adherence to internal procedures and controls. 

• Report any known violation of compliance policy, laws, or regulations, and report any suspicious customer and/or account activity. 

• Other duties as assigned.

Education and/or Experience:

• Bachelor’s degree in business management, finance, economics or accounting.

• One (1) to four (4) years of banking experience required. 

• Prior experience with commercial financial statement spreading, covenant tracking/testing, annual reviews, or commercial credit monitoring preferred.

• Experience with Sageworks or similar financial spreading/credit analysis software preferred.

Knowledge, Skills, and Abilities:

• Functional to proficient knowledge of Microsoft Office applications, including Excel, Word, and PowerPoint. 

• Ability to analyze financial data and translate results into meaningful information for credit monitoring and relationship review purposes. 

• Working knowledge of accounting practices, financial concepts, financial statement analysis, and ratio analysis. 

• Strong verbal and written communication skills. 

• Strong attention to detail and ability to work under pressure of deadlines. 

• High character, integrity, dependability, professionalism, and work ethic. 

• Knowledge of Zoom, Webex, or similar virtual meeting platforms. 

• All candidates will be required to complete a pre-employment background, credit, and drug screening. 

Physical Requirements:

• Must be able to exert up to 10 pounds of force occasionally and/or a negligible amount of force frequently. 

• Must be able to occasionally lift and/or move up to 25 pounds. 

• Specific vision abilities required by this job include close vision and the ability to adjust focus. 

• Sitting for long periods of time. 

Working Conditions:

The working conditions are generally comfortable with minimal exposure to noise, heat, dust, and other related items. All employees are required to maintain a neat and safe work area.