Credit Analyst

Company: SNI Financial

Location: Greater Indianapolis, Indiana

Posted on: January 30

The Credit Analyst will be responsible for underwriting new and the renewing of commercial loan requests including, but not limited to real estate, construction, commercial and industrial, and SBA 7A and 504 loans. In a narrative format, the Credit Analyst will prepare the loan approval report and memo with the assistance of the lending officer and support the recommendations with financial spreadsheets that include a complete financial analysis. The Credit Analyst will not only perform financial statement analysis but will review related materials including accounts receivable and payable agings, information from credit bureaus, tax returns and personal financial statements. The Credit Analyst will be expected to understand the banks policies and procedures and underwrite all loan requests in compliance with them.

Experience

One to three years of credit analysis experience

Skills

Strong analytical skills with an ability to interpret complex financial information and identify relevant

Strong verbal and written communication skills

Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines

Must be willing and comfortable to join lending officers in meetings with existing or prospective bank customers, when necessary

Must be proficient in Microsoft Word and Excel

Essential Duties:

Production

• Communicate with lending staff to determine the viability of new loans or strategy related to the renewal of existing loans as it relates to repayment terms and loan structure.
• Spread business and personal financial statements using Sageworks software.
• Compile an in-depth credit underwriting analysis to include debt service coverage, stress testing, guarantor strength, collateral analysis and overall relationship with the bank.
• Provide insight and support at Officer Loan Committee as well as Director Loan Committee as needed during the presentation of loan approvals.
• Accompany lenders on customer calls and/or speak to customers on the phone as needed.
• Any additional responsibilities, as assigned by the Supervisor.

Quality

Possess excellent communication (verbal/written) and organizational skills

Manage multiple tasks, be detail oriented, responsive and demonstrate independent thought and critical thinking

Focused on delivering an error free product

Job Knowledge

Requires functional knowledge in multiple areas

Responsible for retaining information received through the training process

Thorough knowledge of the banks policies and procedures

Thorough knowledge of regulatory requirements and keeping up with new laws and regulatory amendments

Committed to increasing job knowledge and expanding personal capacity by participating in various training activities