Arvest Bank
Job Title: Credit Analyst 2
Arvest Bank
Location: 201 Robert S. Kerr Avenue, Oklahoma City, Oklahoma
Hours: Monday through Friday, 8:00 am to 5:00 pm (additional hours may be required).
Pay Range: $60,980 – $72,409 per year.
Responsibilities With minimal direction, incumbents will analyze and project credit and financial information for complex commercial loans. Incumbents work with borrowers and Commercial Bankers in the preparation and presentation of loan proposal packets for the Loan Committee meetings. Incumbents conduct financial analysis on borrowers to assess their ability to repay loans, monitor trends and conditions, and determine and alert senior management to potential problem situations that surface from analytical research. In addition, incumbents monitor loan compliance by tracking technical exceptions and the calculation of financial covenants.
Analyze and spread financial statements and related material for complex commercial loans.
Determine the need for more thorough research or additional information and work with the Commercial Bankers to obtain it.
Stay informed on respective industries represented within loan portfolios and trade areas.
Offer recommendations based on analysis of creditworthiness and customers' ability to repay loans. Jointly work with Commercial Bankers to prepare loan proposals for customer requests and credit memorandums.
Work directly with customers and prospects during the credit review process in conjunction with the Commercial Banker.
Make recommendations to senior management regarding improvements to bank procedures and processes.
Monitor loan compliance throughout the year through monitoring of technical exceptions and calculation of financial covenants.
Assist the manager with monthly or quarterly portfolio monitoring reports.
Assist with the preparation of concentration reports for review by senior management as requested.
Assist with training new Credit Analysts.
May prepare reports to forecast future expectations, show how certain industries will perform, and determine the risk associated with the endeavor.
May provide in-depth loan portfolio monitoring/management for the assigned bank group.
Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to completing compliance training and adhering to internal procedures and controls; reporting any known violations of compliance policy, laws, or regulations; and reporting any suspicious customer and/or account activity.
Required Toolbox for Success
Bachelor's degree, preferably in Accounting, Finance, or Business, or equivalent finance, accounting, or lending experience.
9 hours of college-level accounting or equivalent training (ABA, Omega/Moody's' or other in-depth training courses focused on financial analysis or commercial loan underwriting).
2 years of experience in accounting, finance, or lending.
Certified Lease and Finance Professional Certification (CLFP) or the ability to obtain within two years of hire (required for Arvest Equipment Finance positions only).
Preferred Toolbox for Success
Credit Analyst experience.
Physical Demands Regular attendance is an essential function of the job. The associate must be able to travel occasionally within the US, possibly overnight. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Compensation and Benefits We offer competitive compensation, benefits packages, and significant professional growth. Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits.
Equal Employment Opportunity Arvest Bank is committed to providing equal opportunity to all persons regardless of race, color, race‑based hairstyles and textures, religion, marital status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability, veteran status, or any other basis, which now or in the future may be specified by law.
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Location: 201 Robert S. Kerr Avenue, Oklahoma City, Oklahoma
Hours: Monday through Friday, 8:00 am to 5:00 pm (additional hours may be required).
Pay Range: $60,980 – $72,409 per year.
Responsibilities With minimal direction, incumbents will analyze and project credit and financial information for complex commercial loans. Incumbents work with borrowers and Commercial Bankers in the preparation and presentation of loan proposal packets for the Loan Committee meetings. Incumbents conduct financial analysis on borrowers to assess their ability to repay loans, monitor trends and conditions, and determine and alert senior management to potential problem situations that surface from analytical research. In addition, incumbents monitor loan compliance by tracking technical exceptions and the calculation of financial covenants.
Analyze and spread financial statements and related material for complex commercial loans.
Determine the need for more thorough research or additional information and work with the Commercial Bankers to obtain it.
Stay informed on respective industries represented within loan portfolios and trade areas.
Offer recommendations based on analysis of creditworthiness and customers' ability to repay loans. Jointly work with Commercial Bankers to prepare loan proposals for customer requests and credit memorandums.
Work directly with customers and prospects during the credit review process in conjunction with the Commercial Banker.
Make recommendations to senior management regarding improvements to bank procedures and processes.
Monitor loan compliance throughout the year through monitoring of technical exceptions and calculation of financial covenants.
Assist the manager with monthly or quarterly portfolio monitoring reports.
Assist with the preparation of concentration reports for review by senior management as requested.
Assist with training new Credit Analysts.
May prepare reports to forecast future expectations, show how certain industries will perform, and determine the risk associated with the endeavor.
May provide in-depth loan portfolio monitoring/management for the assigned bank group.
Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to completing compliance training and adhering to internal procedures and controls; reporting any known violations of compliance policy, laws, or regulations; and reporting any suspicious customer and/or account activity.
Required Toolbox for Success
Bachelor's degree, preferably in Accounting, Finance, or Business, or equivalent finance, accounting, or lending experience.
9 hours of college-level accounting or equivalent training (ABA, Omega/Moody's' or other in-depth training courses focused on financial analysis or commercial loan underwriting).
2 years of experience in accounting, finance, or lending.
Certified Lease and Finance Professional Certification (CLFP) or the ability to obtain within two years of hire (required for Arvest Equipment Finance positions only).
Preferred Toolbox for Success
Credit Analyst experience.
Physical Demands Regular attendance is an essential function of the job. The associate must be able to travel occasionally within the US, possibly overnight. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Compensation and Benefits We offer competitive compensation, benefits packages, and significant professional growth. Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits.
Equal Employment Opportunity Arvest Bank is committed to providing equal opportunity to all persons regardless of race, color, race‑based hairstyles and textures, religion, marital status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability, veteran status, or any other basis, which now or in the future may be specified by law.
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