Sr. Commerical Credit Analyst

Company: CENTREVILLE BANK
Location: West Warwick
Posted on: May 25, 2023

Job Description:

Description:The Senior Commercial Credit Analyst's primary responsibility is compiling and assessing financial information required to make credit decisions for commercial loan requests. Responsibilities include, but are not limited to, preparing financial analysis to make credit decisions, contributing to the loan decision process, monitoring the existing loan portfolio and evaluating credit risk. They will also provide training for junior level Credit Analysts and provide project assistance to the Credit Manager and Chief Credit Officer.Underwrite complex C & I and CRE credit requests for new and existing commercial client base to produce credit worthiness including but not limited to: collecting information from various internal and external resources; recording into risk based model; analyzing, interpreting and reporting results; and ensuring signature authority has been identified.Prepare annual reviews for existing customers as requested.Analyze and interpret all types of credit information on existing customer relationships, to include but not limited to: financial statements, tax returns, projections, ratios, and credit reports.Complete credit analysis and prepare recommendations regarding the renewals and risk ratings of credit extensions requests submitted for approval.Understand and ensure compliance with all Federal and State Regulations and internal banking policies and procedures.Attend customer and prospect site visits with Relationship Managers, as requested, to gain insight into the client's business operations.Complete projects as assigned by the Credit Manager or Chief Credit OfficerMaintain current knowledge and consistent compliance with regulations, bank policies and procedures related to the position.Requirements: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily, and comply with all Federal and State Regulations, and internal banking procedures.Bachelor's degree in Accounting or Finance and 5 - 10 year's related experience in a financial institution.Required: 2 college level accounting classes (managerial and financial or equivalents).Required to possess the ability to interpret and comprehend instructions, procedures, bank policies, as well as understanding all regulatory compliance associated with the position.Must be able to independently originate professional correspondence as well as possess the ability to communicate their thoughts/ideas in a clear and concise manner to internal and external customers.Must possess the ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions and decimals.Must be able to compute rate and percentMust have the ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists.Ability required to interpret a variety of complex instructions furnished in written, oral, diagram, or schedule form.Ability required to read, analyze, and interpret financial reports and legal documents.Must be proficient with Microsoft Office.Also required are good organizational and interpersonal skills as well as strong attention to detail.While performing the duties of this job, the employee is regularly required to stand, walk, sit and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds.

Keywords: CENTREVILLE BANK, Warwick , Sr. Commerical Credit Analyst, Professions , West Warwick, Rhode Island