Credit Analyst

Description DEPARTMENT : Credit SEATED AT : Spring Mills REPORTS TO : Credit Officer The credit department is looking for an experienced individual to analyze the creditworthiness and credit risk of commercial borrowers, including a review of financial statements and cash flow analysis. Who We Want: Analytical Thinker – Analyze credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit Ability to use technology and software to keep customer loan files, evaluate customer’s financial status, and produce financial ratios Prepare periodic reviews on existing loan relationships Industry Expert – Responsible for determining risk ratings and developing terms of repayment for customers based on earnings, data, payment history, and purchase activity Strong knowledge of banking, credit processes, and loan compliance Ability to analyze and assess a borrower’s creditworthiness Champion of Growth – Exceptional networking and relationship-building skills Ability to multi-task with strong organizational skills Ability to maintain communication with the loan production staff during underwriting and the approval process What You'll Do: Review commercial loan applications, credit reports, and appraisals to determine borrower strengths, weaknesses, and creditworthiness Determine the expected profitability of loans by analyzing financial data including quality of management, income growth, and market shares Responsible for composing reports detailing the degree of risk involved in the loan or credit request and recommends approval or denial based on results Prepare detailed credit packages to be presented to approval committees Spread financial data in order to complete ratio, trend, and cash flow analysis and create projections Develop strong understanding of the bank’s loan policy with relation to guidelines for creditworthiness and underwriting standards Complete reviews of external appraisals as well as prepare internal evaluations for collateral Maintain updated credit files with appropriate documentation regarding credit decisions, which includes tracking and collecting updated financial information Conduct yearly reviews of larger loan relationships in accordance with loan policy Accompany loan officers on client visits to gather pertinent information for underwriting Represent the Bank at various civic and community functions What You Get: Competitive pay Excellent benefits package, including 15 days of annual Paid Time Off (PTO). Eligible for medical, dental, and vision insurance (single and family) after 60 days of full-time employment. Insurance plans are HSA and FSA-compatible. CNB offers a 401(k) plan with an employer match available after 60 days of full-time employment. Eligible for life insurance, AD&D, and long-term disability after 90 days of full-time employment Paid national holidays that follow the Federal Reserve schedule Eligible for overtime pay when needed and approved Requirements Bachelor’s degree in Business Administration, Accounting, Finance, or related field 3+ years of experience in commercial credit analysis or underwriting in a related industry Foundational understanding of income statements, balance sheets, and cash flow statements and how they are analyzed. Knowledge of tax returns preferred Ability to read and understand loan policy in order to complete underwriting procedures in accordance with policy standards Proficiency in Microsoft Suite, specifically Word and Excel Ability to learn internal banking systems, including core system and financial analysis software Excellent customer service skills for both external and internal customers Ability to problem solve and recommend solutions for loan presentations and decisioning Willingness to take on additional training and learning opportunities both individually and amongst fellow credit analysts Proven track record of analytical and critical thinking skills Strong written and verbal communication skills EOE, including disability/vets

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