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Job Title: Credit Analyst
Reports To: Chief Credit Officer
Prepared Date: 1/14/2025
FLSA Status: Non-Exempt
Job Summary:
Credit Analyst will be responsible for performing routine duties related to consumer and business loan applications. Prepares supporting documents to assist Loan Officers in evaluating the financial creditworthiness for decisioning loan requests. Support collection efforts under the direction of Loan Officer according to bank policy and procedure.
Assures compliance with all Bank’s lending policies and procedures, as well as all applicable state and federal banking regulations.
Essential Job Functions:
• Analyzes financial statements (including performance ratios) of all levels of quality to develop initial assessment by identifying strengths and weaknesses as pertaining to borrower’s historical operating performance.
• Use financial information to create a cash flow analysis for borrowers and evaluate trends in various areas that impact a client’s business/operations
• Prepare a written summary of findings to assist management in making sound loan decisions
• Make recommendations for approval/denial of loan requests
• Assist with the tracking of the existing commercial loan portfolio, including completion of annual reviews and/or quarterly action plans
• Assist with consumer underwriting if needed
• Assist Credit Officer and Senior Lender with various reporting and tracking items
• Processes and establishes accountability pertaining to Commercial Loan Agreement requirements/covenants.
• Manages the credit request process; inputs applicant’s information, orders preliminary reports; (I.e. credit report, title, flood, UCC, Secretary of the state, etc.) (Personal and Commercial Lending Products)
• Prepares and/or collects supporting documents for credit file on personal and commercial loan request for decision process; application, personal financial statement, check stubs, personal and/or corporate tax returns, business entity paperwork, business operating agreement, by-laws, profit and loss statement, balance sheet. (documents to support loan type)
• Performs other job-related duties as assigned.
• Complies with all applicable rules, regulations and policies, including but not limited to BSA, OFAC, and Physical Security.
• Supports the Bank’s goals and values.
Supervisory Responsibilities:
This position is not responsible for the supervision of any employee(s).
Education & Job Qualifications:
• Bachelor's Degree; and/or credit training; or equivalent combination of education and experience.
• Possess 1 – 3 years’ experience in a credit analyst role.
Knowledge/Skills/Abilities:
• Must have some knowledgeable in the areas of loan servicing activities and terminology.
• Must have some knowledge of related state and federal banking compliance regulations, and other Bank lending policies.
• Must have basic math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Possess good customer service skills
• Must possess effective oral, written and interpersonal communication skills with the ability to interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
• Possess problem solving skills.
• Able to work independently with minimum directions.
Additional Eligibility Qualifications
• Multi-lingual capabilities to include Spanish are a plus.
Licenses/Certifications:
• N/A
Work Environment/Physical Demands:
• Travel – as needed.
• Office working conditions
• Frequently required to sit for long periods of time.
• Occasionally required to stand, walk, and reach with hands and arms.
This job description is not an inclusive list of all duties and responsibilities of the position. First Liberty Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
EEO/AAP Policy Statement:
First Liberty Bank provides equal employment opportunity to all individuals’ regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.
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