Cred Analyst Sr CredAdmin

• Prepare credit analysis and investigation of portfolio credits and provides the necessary documentation and financial facts for SAD Officers to analyze, evaluate, and determine appropriate credit structure and terms for potential borrowers.
• Provide analytical functions relating to due diligence, document processing, financial statements and covenant compliances related to transactions, credit approval, and renewals. Prepare summary documenting factual analysis and supporting information for credit decision recommendations.
• Spread corporate and personal financial statements, and conducts financial statements analysis and cash flow analysis. Has familiarity with various industries, collateral issues and values, loan structuring, and guarantor personal financial statements and tax returns.
• Review request applications and financial information and third party reporting (e.g., RE appraisal, environmental reports, ABL Examinations, Inventory Appraisal, etc); evaluates credit structure and terms; underwrites consistent with Bank format, policies and procedures; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors.
• Maintain up-to-date knowledge on all Bank lending policies and regulations. Confers with appropriate Bank personnel regarding new/existing lending requirements and regulations.
• Provides input to the Relationship Manager and Manager when loan structure/terms do not appear to reflect inherent risk in subject transaction. Assumes accountability for minimizing Bank losses.
• Monitor for receipt, and analyzes and evaluates documents surrounding credits. This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, A/P & A/R aging, credit reports, etc. to identify strengths and weaknesses as pertaining to a borrower’s financial position.
• Monitor and reviews data from loan systems and prepares Excel spreadsheets and charts to identify portfolio trends.
• Prepare Loan Approval Summaries and/or Loan Committee reports on existing loans. Utilize programs like Lexis Nexus, Pacer, Moody’s Risk Origins, Monarch, Asset Reader, etc.
• Conduct collection, review, and analysis of various due diligences which include but are not limited to property profiles, tax liabilities, insurance statuses, legal records, credit reports, and liens.
• Prepare and review SBA guaranty purchase request packages and perform related due diligences.
• Recommend, analyze, and monitor settlements and judgments related to SAD transactions. Recommend and review forbearance negotiation terms and potential loan restructurings with SAD Officers.
• Prepare trend cards, projections, and related analysis to regularly monitor transaction performance. This includes borrowing base monitoring, covenant updates, summaries of changes to business operations/performance, actual vs. projections analysis, and others.

Must-Have*

• Bachelor's Degree
• Minimum 5 years of credit analysis or financial analysis experience required.
• Minimum 5 years of experience in a banking or financial services environment required.
• SAFE Act Registration Must be in good standing under "The Secure and Fair Enforcement for Mortgage Licensing Act of 2008" (Safe Act) and must be registered/licensed with the "Nationwide Mortgage Licensing System and Registry"; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.

Skills and Knowledge

• Bachelor’s degree in Finance, Accounting, Business or related field preferred
• 7 years of experience in credit and/or financial analysis.
• Working knowledge of credit, accounting, credit policy and financial statement analysis. Excellent ability to analyze credits, as well as a detailed knowledge of lending structure and sources and uses of cash
• Excellent organizational and analytical skills
• Identify strengths, weaknesses, and risks related to borrower status and repayment ability. Use various software programs for spreading financial statements and financial analysis.
• Good verbal and written communication skills to present clear and precise recommendations based upon analysis for action on loans and loan treatments.
• Working knowledge across all areas of lending including Commercial Finance, Commercial Real Estate, and ABL.
• Working knowledge of Lexis Nexus, Pacer, Moody’s Risk Origins, Monarch, and Asset Reader.