Commercial Credit Analyst

Job Summary

Analyzing sources of financial information, such as financial statements, credit bureau reports and cash flows to determine potential risk and profitability of commercial loans. Manage and make enhancement for the commercial loan applications and documentation processes. This position is on-site and not remote.

Essential Functions and Responsibilities

General

• Monitors progress towards departmental goals, provides continuous feedback on performances, schedules, and assigns work as necessary.
• Works with managers and supervisors on team building, motivating, cross training and identifying developmental & training opportunities to ensure continuity, consistency and to promote development and increase knowledge.
• Maintain good working knowledge of company and government standards through continued research.

· Perform other duties as assigned.

* This job description is subject to change at any time.

Commercial Credit Underwriting

:

Possesses a working knowledge of credit structure, collateral documentation, general lending policies and regulatory requirements:

• Working Knowledge of Loan Vantage or similar business loan underwriting software.
• Performs initial screening and underwriting of new lending opportunities developed by the commercial lender.
• Pulls Credit Report via Loan Vantage.
• Lexis Nexis Report for new relationships > $500,000.
• Contacts lender or customer to obtain the proper information to ensure the loan process is properly completed.

· Prepares Presentation Memorandum in Loan Vantage and facilitates the initial underwriting of new transactions, renewals and annual reviews:

o Calculates Aggregate commitment as defined under “Associate Borrower Rule”.

o Spread Statements.

o Sources and uses of funds.

o Evaluating risk rating and makes revision recommendations.

o Cash flow and financial statement analysis.

· Collateral assessment; completion of loan risk rating matrix; and Preparation of adverse acti...