Commercial Credit Analyst jobs in Myrtle Beach, SC

Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Commercial Credit Analyst - Myrtle Beach
  • SOUTH ATLANTIC BANK
  • Myrtle, SC OTHER
  • Job Details

    Job Location:    Main Office - Myrtle Beach, SC
    Position Type:    Full Time
    Education Level:    4 Year Degree
    Salary Range:    Undisclosed
    Travel Percentage:    None
    Job Shift:    Day
    Job Category:    Admin - Clerical

    Description

     

    JOB SUMMARY

    Working under the guidance and supervision of lead staff, the Commercial Credit Analyst I will investigate and conduct an in-depth industry and financial analysis to determine credit risk of existing and potential borrowers; gather financial information on present and prospective customers; create credit memos for loan officers; and perform loan reviews and financial analysis for simple to moderately complex credits.  This position also works cooperatively to support the Lending and Credit functions of the Bank.  The position is an entry-level, credit-based analyst position providing support to the lending staff, portfolio managers, and senior credit risk officer. 

    ESSENTIAL DUTIES AND RESPONSIBILITIES

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    • Assess, analyze, and interpret financial information of current and prospective borrowers
    • Undertake risk assessment analysis
    • Prepare financial spreads and global cash flow analyses
    • Perform research on industries and other companies to assess the risk of the industry
    • Work closely with lenders to discuss new loan requests, renewals, modifications, current and adequate financial statement collections, risk rating assessments, past dues, pipeline, and call preparation
    • Prepare annual loan reviews of commercial relationships
    • Participate with credit risk officer(s) relative to portfolio assessments
    • Assist credit risk officer(s) with timely covenant compliance review and analysis
    • Complete commercial appraisal reviews
    • Responsible for compliance within area of responsibility
    • Perform other related duties as assigned to meet the ongoing needs of the organization

    Most work hours will occur within the bank’s normal business hours; however, if the workload deems it necessary, some work outside business hours may be required.    

    Qualifications


    QUALIFICATIONS

    • Bachelor’s degree in Finance, Accounting, Economics or Business; or the equivalent combination of education and experience
    • 1 3 years of experience in credit and financial analysis preferred
    • Detail oriented, organized, and self-motivated
    • Effective written and verbal communications and negotiating skills as well as the ability to exercise independent judgment. Initiative and tact are necessary in dealing with loan officers, other employees, and management.
    • Sound financial, analytical, and underwriting skills or an understanding of general principles of banking
    • Proficiency in the use and operation of various systems, software and resource materials including, but not limited to Microsoft Office and Excel.
    • Ability to prioritize work, make sound judgments and work independently on a consistent basis.
    • Knowledge of loan operations and operational procedures, preferred
    • Experience in other departments of a financial institution
    • Good interpersonal skills and a team orientation
    • Experience with Credit Risk Management and Toolbar and Credit Leader, preferred

    AAP/EEO STATEMENT

    This statement of policy reaffirms South Atlantic Bank’s policy of equal employment opportunity in employment, compensation, training, transfers, promotions, and all other aspect of employment regardless of race, color, religion, national origin, age, sex, veteran status, physical or mental handicap/disability and to state that we do carry out this policy at South Atlantic Bank. This policy also applies to all company-sponsored activities such as educational programs, tuition aid and social and recreational activities.

  • 10 Days Ago

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Credit Coordinator
  • Performance Foodservice
  • Florence, SC FULL_TIME
  • Company Description Performance Foodservice, PFG's broadline distributor, maintains a unique relationship with a variety of local customers, including independent restaurants and hotels, healthcare fa...
  • 22 Days Ago

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HVAC Service Technician
  • Helios Commercial Service Partners
  • Myrtle, SC FULL_TIME
  • HVAC/R Service Technicians provide diagnostics, service, repair, maintenance & installation for various brands of light commercial HVAC/R equipment. Our technicians make quality repairs in a timely ma...
  • 25 Days Ago

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Consumer Loan Specialist
  • 1st Heritage Credit
  • Florence, SC FULL_TIME
  • Overview We service our communities by offering personal installment loans designed to help our customers get the money they need when they need it. The Consumer Loan Specialist assists both new and e...
  • 24 Days Ago

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Branch Manager I
  • Santee Cooper Credit Union
  • Myrtle, SC FULL_TIME
  • Santee Cooper Credit Union is seeking candidates for our Branch Manager I position at our Myrtle Beach Branch. Position requires a four-year college degree from an accredited college or university or ...
  • Just Posted

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Lifestyle Lender
  • ArborOne Farm Credit
  • Florence, SC FULL_TIME
  • ArborOne Farm Credit provides loans to farmers and rural residents in 12 counties in the Pee Dee region of South Carolina. We are a cooperative, which means we are in business to benefit our customer-...
  • 4 Days Ago

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0 Commercial Credit Analyst jobs found in Myrtle Beach, SC area

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Mill Accountant
  • Canfor
  • Conway, SC
  • Posting ID: 26709 Position Type: Regular City: Conway, SC, United States Location: Conway Plant - CSP Services Detail-or...
  • 3/29/2024 12:00:00 AM

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Hair Stylist - Coastal Grand Mall
  • JCPenney
  • Myrtle Beach, SC
  • General Description At JCPenney Salon, we strive to unlock the potential of America's top salon professionals, creating ...
  • 3/29/2024 12:00:00 AM

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Dishwasher
  • Golden Corral
  • Myrtle Beach, SC
  • Our franchise organization, GC Partners, Inc. dba Golden Corral, is currently seeking energetic, friendly individuals to...
  • 3/29/2024 12:00:00 AM

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Sales Floor Supervisor - Coastal Grand Mall
  • JCPenney
  • Myrtle Beach, SC
  • General Description General Description As the Sales Floor Supervisor you are accountable for driving customer service t...
  • 3/29/2024 12:00:00 AM

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Controller - Myrtle Beach, SC
  • PulteGroup, Inc.
  • Myrtle Beach, SC
  • Primary responsibility for directing, coordinating, and supervising accounting and administrative service functions for ...
  • 3/28/2024 12:00:00 AM

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Accounts Receivable / Collection Coordinator
  • Atalaya Property Management, Inc.
  • North Myrtle Beach, SC
  • Job Description Job Description Job description Accounts Receivable Specialist Community Association Management Company ...
  • 3/27/2024 12:00:00 AM

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Corporate Accountant / Bookkeeper
  • Big Fish Rentals
  • Myrtle Beach, SC
  • Job Description Job Description We are in the property management business. We need a full-time bookkeeper who very atte...
  • 3/27/2024 12:00:00 AM

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CDL Night Shuttle Driver
  • Coastal Carolina University
  • Conway, SC
  • Posting Details Posting Summary Internal Title CDL Night Shuttle Driver Department Transportation Services Position Type...
  • 3/26/2024 12:00:00 AM

Myrtle Beach is a coastal city on the East Coast of the United States in Horry County, South Carolina. It is in the center of a large and continuous 60-mile (97 km) stretch of beach known as "The Grand Strand" in northeastern South Carolina. Ranked as the second fastest-growing metropolitan area in the country (per 2018 census estimates), Myrtle Beach is one of the major centers of tourism in South Carolina and the United States because of the city's warm subtropical climate and extensive beaches, attracting an estimated 14 million visitors each year. As of the 2010 census, the population of t...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Credit Analyst jobs
$47,586 to $62,300
Myrtle Beach, South Carolina area prices
were up 1.5% from a year ago

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