Commercial Credit Analyst Opportunity at Exchange Bank
Are you interested in working at a stable and successful organization with a strong vision and core values?
Does giving back to your community to create a better future for generations to come (speak to you)?
Do you enjoy working on a team with wonderful people who genuinely care about each other?
If this sounds like you, Exchange Bank may be your next great career opportunity!
In this role, you will provide credit support for Commercial Banking Group (CBG) Officers to manage the credit monitoring, financial data preparation and analysis, borrowing base/collateral analysis, documentation support, covenant compliance and reporting functions, problem loan report management, CIT and limited credit memo preparation, audit support, and other support duties as assigned.
ESSENTIAL FUNCTIONS: Analysis: 50%
-Complete comprehensive financial and risk analysis and documentation including the review of tax returns, financial statements, credit reports, UCC searches and filings, title reports and escrow instructions.
-Complete borrowing base/collateral analysis.
-Order and ensure receipt of appraisals and environmental reports of real properties.
-Complete problem loan reporting to Credit Administration.
-Prepare simplified Credit Presentations (credit memos and CITs) for review by CBG officers.
-Provide follow-up with clients in the documentation process for insurance coverage, other collateral needs, loan due diligence information, progress advances (for construction/improvement loans), etc.
-Communicate regularly with all CBG staff, clients and other Bank departments to procure information and complete customer service functions.
-Analyze financial statements for spreading into the Bank’s loan origination software, accounts receivable and borrowing base analysis, etc.
-Analyze personal tax returns (including K-1s) for appropriate spreading and/or cash flow analysis.
Compliance Tracking, Monitoring and Reporting: 40%
-Review and coordinate the Business Loan Agreement (BLA) compliance of loan covenants and financial reporting between Credit Administration and CBG officers, ensuring collection of information and communication with Credit Administration.
-Contact clients directly to retrieve information on CBG Officer’s behalf.
-Coordinate internal and external audit functions periodically, as well as implement self-audit processes and coordinate those with Credit Administration.
-Recommend methods and procedures to improve Department efficiency and reporting functions.
-Attend internal and external meetings as required.
-Provide assistance in ensuring database information for CBG reporting functions including loan totals, past dues, risk grades, maturities, and sales contacts.
Non-Essential Functions: 10%
-Perform special projects and research as assigned.
-Perform other duties as assigned.
MINIMUM QUALIFICATIONS Knowledge, Skills and Abilities:
-Knowledge of financial, tax, and accounting principles for report analysis.
-General knowledge of commercial loan underwriting methods and practices.
-General understanding of LaserPro and basic loan documentation (as a user).
-Skills operating a personal computer including MS word processing, contact management, Outlook, Excel, MS Powerpoint, Adobe Acrobat, and use of the search engines for research.
-Ability to interpret financial documents.
Education and Experience:
A combination of education and experience equivalent to an Associates Arts degree in finance, accounting or related field; and knowledge typically gained through a minimum of three (3) years experience in commercial lending activities.
Who We Are
Established in 1890, Exchange Bank is one of the most unique community banks in the United States because of our history, ownership and legacy. Our employees enjoy a work environment that values a work/family balance, encourages community involvement and provides a competitive compensation and benefit package.
We are proud to have been voted "Best Place to Work" in North Bay Business Journal for the past 13 years!
Our Mission - From generation to generation, we invest in people, business and community to build a strong future.
Exchange Bank is proud to be an Affirmative Action/Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, or national origin. We are also an equal opportunity employer of individuals with disabilities and protected veterans.
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do NOT contact us with unsolicited services or offers