Credit Analyst I

at First Security Bank in SPRINGDALE, Arkansas, United States

Job Description

SUMMARY

Under the direct supervision and training of the Credit Administrator, examine and evaluate the financial condition of individuals and businesses applying for credit with the bank. This position requires employees to work on-site.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Analyze new loans and renewals of existing loans requests to support the lending team in credit underwriting, loan presentation preparation, etc.
2. Become knowledgeable in the process of preparing spreads of historical and projected financial statement information, to be used for commercial banking credit analysis.
3. Analyze financial statements, calculate cash flows, and analyze various types of collateral. Identify trends, measure performance, and assess financial strength to aid in assessing credit risk.
4. Prepare and review various spreadsheets, reports, and documentation related to client loans, credit files, real estate collateral, credit memorandums, etc.
5. Will assist with basic credit analysis on potential and existing customers to determine alignment with bank products/structure, bank credit risk appetite and credit policies/underwriting guidelines. Utilize Bankway as the tracking feature for maintaining credit files.
6. Aid and facilitate collateral valuation functions including appraisal ordering, appraisal review, internal evaluation preparation, along with other duties associated with the real estate valuation component in real estate related credits.
7. Able to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages and area. Able to work with mathematical concepts (i.e. probability, statistical inference and basic algebra) and can apply concepts such as fractions, ratios, and proportions to practical situations.
8. Solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
9. Gain an understanding on how to perform in depth credit analysis for a highly diverse and complex commercial real estate portfolio. Understand changing market conditions and remain knowledgeable of relevant industry issues through the reading of general business periodicals, professional journals, technical procedures and governmental regulations.
10. Adhere to strict privacy regarding customer account information. Maintain customer confidence and protect bank operations by keeping information confidential.
11. Operate computer, telephone, keyboard, scanner and copier. Proficiency with internal bank software, FIS ISView and Loan Operations Platform will be required.
12. Able to hold a valid driver's license, have access to reliable transportation for arriving to work on time, work on-site at assigned location, and a willingness to extend working hours when necessary.
13. Additional duties may be assigned by management.

SUPERVISORY RESPONSIBILITIES: This position has no supervisory responsibilities.