Credit Analyst
Company: CENTREVILLE BANK
Location: West Warwick
Posted on: May 21, 2023
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Job Description:
Description:The Commercial Credit Analyst is responsible for
compiling and preparing financial information required to make
credit decisions for commercial loan requests. Responsibilities
include, but are not limited to, preparing the financial analysis
to make credit decisions, contribute to the loan decision process,
monitor the existing loan portfolio and evaluate credit risk. They
will provide project assistance as required by the Credit Manager
and Chief Credit Officer.Key AccountabilitiesComplete underwriting
for credit requests for new and existing commercial client base to
produce credit worthiness recommendations. This includes collecting
information from various internal and external resources, recording
into risk base model, analyzing, interpreting and reporting results
and ensuring proper signature authority has been obtained.Analyze
and interpret all types of credit information on existing customer
relationships, to include but not limited to, financial statements,
tax returns, ratios and credit reports.Timely and accurately
maintain automatic tracking systems that identifies deal flow and
when financial information and / or any credit information is
needed.Monitor customer accounts and loan portfolios in order to
maximize credit quality and minimize risk and loss.Complete credit
analysis, prepare recommendations regarding the renewals and
ratings of credit extensions for approval.Understand and ensure
compliance with all Federal and State Regulations and internal
banking policies and procedures.Work with lenders to ensure all
post closing missing items are received and delivered to Loan
Servicing.Complete projects as assigned by the Credit Manager or
Chief Credit Officer.Maintain current knowledge and consistent
compliance with regulations, bank policies and procedures related
to the position, including but not limited to Bank Secrecy Act
(BSA) and Office of Foreign Assets Control (OFAC)
requirements.Requirements:Required Qualifications:Bachelor's degree
in business or related field and 3 - 5 years related
experience.Ability to read and interpret business and personal
financial statements, tax returns, and credit bureau
reports.Excellent organizational skills.Strong communication
skills.Strong relationship skills and the ability to influence
business and functional partners.Capability to multitask and work
on a variety of projects and teams is essential.Ability to apply
concepts such as fractions, percentages, ratios to practical
banking situations.Extensive knowledge and experience with Word,
Excel and spreadsheets.Preferred Qualifications:5 - 10 years
related experience.
Keywords: CENTREVILLE BANK, Warwick , Credit Analyst, Professions , West Warwick, Rhode Island
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