Credit Analyst

COMPANY OVERVIEW

Cornerstone Bank is a locally-owned community bank proudly serving our clients with excellent customer service.  We are a small business, employing less than 100 employees, and proudly upholding the tradition of providing friendly, quality service set forth by the founders of the bank in 2001.  Working at a community bank has its advantages!  We have an attractive benefit package and offer competitive wages.  Employees participate in fun company events throughout the year; you'll be surrounded by friendly co-workers in a team environment.  

SUMMARY:  Responsible for analyzing current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money; preparing reports with this credit information for use in decision-making.

DUTIES AND RESPONSIBILITIES:

• Coordinates credit approval process, including but not limited to processing credit applications and initiating inquiries into customer’s bank and trade references.
• Assesses the creditworthiness of potential customers, including establishing payment terms and credit limits; handles special credit arrangements and deviations from standard terms of payment.
• Monitors the credit risk associated with customer accounts.
• Establishes and maintains customer credit files and/or database; continually reviews customers’ credit histories; performs annual large credit reviews.   
• Reviews collections reports to ascertain status of collections and outstanding balances and to evaluate effectiveness of current collection policies and procedures.
• Assists with the establishment and implementation of credit policy; recommends adjustments as needed.
• Prepares reports that include the degree of risk involved in extending credit or lending money; prepares ongoing concentration reports.
• Evaluates customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity. 
• Confers with credit association and other business representatives to exchange credit information. 
• Completes loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval. 
• Generates financial ratios, using computer programs, to evaluate customers' financial status. 
• Compares liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. 
• Orders appraisal and environmental review. 
• Performs other related duties as assigned by management.

QUALIFICATIONS:

• Bachelor's Degree (BA) from four-year college or university preferred, and at least 6 months - 1 year of analyst experience and/or training at a bank.
• Computer skills required:  Microsoft Excel, Microsoft Word, and Microsoft Outlook.  Fiserv/Navigator and Suntell preferred.  
• Other skills required:
  • Commitment to excellence and high standards.
  • Excellent written and verbal communication skills.
  • Strong organizational, problem-solving, and analytical skills.
  • Strong mathematical skills
  • Ability to understand and follow written and verbal instructions.
  • Acute attention to detail.
  • Good judgement with the ability to make timely and sound decisions.
  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm.
  • Able to research and evaluate data to make informed decisions and solve problems.
  • Sense of discretion and willingness to maintain strict confidentiality of pertinent and sensitive information.

COMPUTER SKILLS

Proficient use of personal computer; working knowledge of Microsoft Office Suite.  Fiserv core system and Suntell experience is a plus.

WHY WORK HERE?  BENEFITS AND PERKS.

• Health insurance plan, dental, vision, short-term disability, company-paid long-term disability insurance, company-paid life insurance, company-paid identity theft insurance, paid time off, 401(k) retirement plan with company match, professional development. 
• Casual Friday/Jean day, Red Friday/game days (KC Chiefs), KC Royal days, fitness reimbursement program, paid volunteer program, quarterly birthday events, team-building events throughout the year, work-life employee assistance program and discounts.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is a largely sedentary role and the employee must be able to remain in a stationary position 75% of the time; however, some filing and use of office equipment is required. Continually utilize hand and finger dexterity. Continually utilize visual acuity to operate equipment, read information, and/or use a keyboard.  Frequently required to communicate with multiple loan officers; must be able to exchange information in these situations.  Occasionally required to move about inside the office to access file cabinets, supplies, office machinery, etc.  Occasionally required to move items up to 10 pounds. While performing the duties of this job, the noise level in the work environment is usually quiet to moderate.

EMOTIONAL DEMANDS

Ability to maintain regular attendance and be punctual. Ability to complete assigned tasks without direct supervision. Ability to work and sustain attention with distractions and/or interruptions and multitask without loss of efficiency or accuracy. Ability to perform under stress. Ability to interact appropriately with a variety of individuals including customers/clients. Ability to perform in situations requiring speed and deadlines. Ability to work as an integral part of the team.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Works in typical bank lobby/office environment on first floor of the building.  Continually views a computer monitor and routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Cornerstone Bank is an Equal Opportunity Employer

The above is intended to describe the general content of and requirements for the performance of this job.  It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements.  Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.