The #1 Site for Finance Jobs - search all Finance jobs.
Mg06705vzdncwprrv4k

Credit Analyst

Description



The Credit Analyst will be responsible for analyzing credit data and assisting with/completing the annual review process for commercial customers. They will complete independent analysis and risk assessments for prospective and existing relationships; make recommendations regarding loan structure and functioning as a valued resource to lenders with respect to credit/industry analysis, loan policy and prudent underwriting standards. This position also works cooperatively to support the Credit Analyst/Loan Review Manager and Commercial Banking President.

Responsibilities include:
  • Review customer portfolios for accuracy
  • Responsible for financial statement spreading
  • Review and analyze tax returns
  • Complete independent analysis and risk assessments for both significant prospective and key existing relationships
  • Make recommendations to Relationship Managers regarding appropriate loan products and loan structures based upon findings and will provide loan pricing analysis including pricing recommendations
  • Participate in the initial and final structuring of credits
  • Assist in development of new credit business via interaction with existing or prospective customers to gather key information for credit analysis
  • Evaluates credit risk of the commercial loan portfolio via annual reviews of all commercial lending
  • Identify problem loans or developing problem loans within a timely manner in order to minimize loan losses
  • Assign risk grades to individual loan relationships
  • Analyze borrower's capacity to repay debt and discuss with Relationship Managers regarding this analysis; discussions include a variety of issues which may affect borrower's ability to repay debt as expected and are essential, so a fully informed and valid conclusion regarding risk grades can be made
  • Various duties as assigned


Requirements:
  • 2+ years credit analyst/loan review experience
  • Bachelor's degree with 12+ hours in Accounting, Finance or equivalent graduate level Accounting coursework
  • Advanced analytical knowledge with a strong ability to interpret analytics and make deductions on facts and circumstances
  • Excellent communications skills (verbal and written) with an ability to communicate with all levels of the organization
  • Ability to work in a team environment
  • Exercises judgment on credit analysis and loan reviews
  • Strong proficiency with Microsoft Office products


This position offers a full range of benefits including Health, Dental, and 401k.

Equal Opportunity Employer

M/F/Disability/Vet.

Member FDIC | Equal Housing Lender | NMLS ID 401285

Requirements

 

Job Snapshot

Location US-TX-Fort Worth
Employment Type Full-Time
Pay Type Hour
Pay Rate N/A
Store Type Accounting
Apply

Company Overview

Colonial Savings

Colonial is a national provider of banking, home loans and insurance. Founded in 1952, the company has $1 Billion in assets and is privately held by choice to ensure our focus remains on our customers and not the expectations of Wall Street. Colonial is rated “Five Stars – Highly Recommended” as one of the strongest financial institutions in the country by Bauer Financial, a leading analyst, and has earned Fannie Mae’s Four STAR award for customer service and foreclosure prevention, as well as the highest achieving STAR Performer for best practices in General Servicing, Collections/Loss Mitigation and Neighborhood Stabilization in 2014. Learn More

Contact Information

US-TX-Fort Worth
Colonial Savings
Snapshot
Colonial Savings
Company:
US-TX-Fort Worth
Location:
Full-Time
Employment Type:
Hour
Pay Type:
N/A
Pay Rate:
Accounting
Store Type:

Description



The Credit Analyst will be responsible for analyzing credit data and assisting with/completing the annual review process for commercial customers. They will complete independent analysis and risk assessments for prospective and existing relationships; make recommendations regarding loan structure and functioning as a valued resource to lenders with respect to credit/industry analysis, loan policy and prudent underwriting standards. This position also works cooperatively to support the Credit Analyst/Loan Review Manager and Commercial Banking President.

Responsibilities include:
  • Review customer portfolios for accuracy
  • Responsible for financial statement spreading
  • Review and analyze tax returns
  • Complete independent analysis and risk assessments for both significant prospective and key existing relationships
  • Make recommendations to Relationship Managers regarding appropriate loan products and loan structures based upon findings and will provide loan pricing analysis including pricing recommendations
  • Participate in the initial and final structuring of credits
  • Assist in development of new credit business via interaction with existing or prospective customers to gather key information for credit analysis
  • Evaluates credit risk of the commercial loan portfolio via annual reviews of all commercial lending
  • Identify problem loans or developing problem loans within a timely manner in order to minimize loan losses
  • Assign risk grades to individual loan relationships
  • Analyze borrower's capacity to repay debt and discuss with Relationship Managers regarding this analysis; discussions include a variety of issues which may affect borrower's ability to repay debt as expected and are essential, so a fully informed and valid conclusion regarding risk grades can be made
  • Various duties as assigned


Requirements:
  • 2+ years credit analyst/loan review experience
  • Bachelor's degree with 12+ hours in Accounting, Finance or equivalent graduate level Accounting coursework
  • Advanced analytical knowledge with a strong ability to interpret analytics and make deductions on facts and circumstances
  • Excellent communications skills (verbal and written) with an ability to communicate with all levels of the organization
  • Ability to work in a team environment
  • Exercises judgment on credit analysis and loan reviews
  • Strong proficiency with Microsoft Office products


This position offers a full range of benefits including Health, Dental, and 401k.

Equal Opportunity Employer

M/F/Disability/Vet.

Member FDIC | Equal Housing Lender | NMLS ID 401285

Requirements

 
Mxt5x96286q5z8m2043
MoneyJobs Advice

For your privacy and protection, when applying to a job online: Never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction.Learn More

By applying to a job using moneyjobs.com you are agreeing to comply with and be subject to the workinretail.com Terms and Conditions for use of our website. To use our website, you must agree with theTerms & Conditionsand both meet and comply with their provisions.
Credit Analyst Apply now