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)
Commercial Credit and Loan Administration: Working closely with the Senior Credit Risk Manager, will be responsible for the commercial credit activity of the Bank. Oversees the Bank’s commercial Credit Analyst team and pipeline management. Develops and recommends loan policies and credit risk review policies and procedures. Identifies credit risk situations and provides guidance to the Commercial Loan Origination team. Administers all aspects of commercial loan underwriting, loan review, and credit training.
GENERAL DESCRIPTION OF DUTIES:
DIGITAL LITERACY:
The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills.
FUNCTIONS SUPERVISED: Commercial Credit and Loan Administration
POSITIONS SUPERVISED: Commercial Credit Analyst I, Commercial Credit Analyst II, Senior Commercial Credit Analyst
BASIC KNOWLEDGE & TRAINING REQUIRED FOR MAXIMUM PROFICIENCY: Proficiency in WORD, EXCEL and other MS OFFICE applications required. Familiarity with automated underwriting systems is a benefit.
EXPERIENCE REQUIRED: Eight to ten years of relevant experience in commercial lending including formal credit training. Previous experience as a Commercial Credit Manager supervisory role as well as loan servicing administration is a benefit.
EDUCATION: A bachelor’s degree is required preferably in business or finance with formal Commercial Credit Training or related banking education preferred.
MANAGERIAL RESPONSIBILITY: The supervisory/managerial responsibilities are direct or conducted through team leaders or assistants.
*Compensation: Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
GSB is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status.
Applicants requiring reasonable accommodation in the application process should notify Human Resources.
GSB participates in E-Verify.
EOE/AA/M/F/D/V
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