Commercial Credit Analyst jobs in Baton Rouge, LA

Description

Summary

The Credit Analyst is responsible for analyzing and monitoring the credit worthiness of the Bank’s customers. This position reviews financial statements, tax returns and bank references to evaluate the financial condition of individuals and businesses applying for credit with the bank. The Credit Analyst maintains and monitors these customer relationships as it relates to the health and stability of the bank’s loan portfolio.

Essential Functions

• Obtains loan request documentation from commercial lender or borrower to analyze credit information, financial statements and other related information pertaining to the loan.
• Builds commercial credit files and loan packages including borrower financial documentation, appraisal ordering, appraisal review, credit memo and financial projections as well as information necessary to complete loan package requirements.
• Monitors commercial loan maturities and coordinates the underwriting of these loan maturities with the respective lenders.
• Researches background documentation and reviews personal and business financial statements and tax returns. Analyzes financial information and prepares the preliminary analysis for the lender.
• Requests and obtains financial statements from existing borrowers.
• Reviews and prepares written analysis, spreadsheets, reports, summaries and opinions. Prepares or assists in the preparation of loan memorandum for presentation to lenders and/or loan committee.
• Assists lenders with calls on past-due loans as assigned by senior management with the bank’s loan portfolio.
• Updates collateral values on delinquent loans as needed.
• Monitors risk ratings on loans to ensure proper classification of credit quality during the life of a loan.
• Generates quarterly updates to Watch List loans and updates Watch List report for monthly board and loan committee meetings.
• Coordinates collection efforts on classified loans.
• Assists in compiling data for management reporting, such as loan portfolio analysis.
• Prepares and distributes residential mortgage loan rates weekly and monthly.
• Prepares and distributes maturing loan reports monthly and prepares reports for monthly Board Loan Committee meetings.
• Assembles packet for monthly Board of Directors meetings (coordinates assembly of board packet with all parties involved)
• Completes all required annual compliance training including BSA.

Requirements

Qualifications

Education

• Bachelor’s degree in business, or equivalent combination of education and banking experience.

Training and Experience

• Excellent verbal and written communication skills
• Proficiency in Microsoft Office products and internet applications.
• Ability to conduct complex financial analysis, use spreadsheet software tools, and effectively communicate finds to loan officers and senior management.
• Effective organizational and time-management skills; must be able to manage multiple projects and priorities.
• Strong attention to detail and ability to notice discrepancies in data.

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.

While performing the duties of this job, the employee is required to stand; walk; sit; reach with hands and arms; stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds. Work involves extensive use of computers and may include occasional pushing, pulling or carrying objects weighing up to 25 pounds. Must be able to speak clearly and hear and understand normal conversations in person and over the phone. The noise level in the work environment is usually moderate.

Expected Hours of Work

This is a full-time position, and the normal hours of work and days are Monday through Friday, 8:00 a.m. to 5:00 p.m. Occasionally, the job may require evenings and week-end work to meet deadlines.

Travel

This position will be based at a specific bank location. Travel between branch locations and to client offices will be required and will primarily occur during the normal workday. Some out-of-the-area and overnight travel for conferences may be expected. 

Equal Opportunity Employer/Veterans/Disabled