Fidelity Homestead Savings Bank
Commercial Credit Analyst 3
Fidelity Homestead Savings Bank - Baton Rouge
Work at Fidelity Homestead Savings Bank
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Overview
Join to apply for the Commercial Credit Analyst 3 role at Fidelity Bank LA
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Join to apply for the Commercial Credit Analyst 3 role at Fidelity Bank LA
Our goal at Fidelity is to create a better future by acting with accountability and integrity alongside our customers and within our communities. Since 1908, we have built a legacy upon simple, enduring values and an unwavering commitment to the communities we serve. We pride ourselves on being part of a community-focused and team-oriented work culture where we invest in our associates to ensure success within the company.
Fidelity Bank, headquartered in New Orleans, Louisiana, believes in making a difference by living our mission of "Here for Good" to help families and businesses thrive in the communities we serve. Our mortgage division, NOLA Lending Group, is a leader in providing residential home financing solutions in 46 states.
Fidelity promotes a culture of work/life balance for all associates. We offer a competitive total rewards package for eligible associates including:
- Competitive pay based on the position, qualifications, relevant experience, and skillset
- Paid Time Off
- Up to 14 paid holidays annually
- Comprehensive Medical, Dental, and Vision Insurance
- Employer Funded Health Savings Account
- Paid Parental Leave
- 401(k) with matching contributions
- Wellness Program to reduce health insurance premiums
- Free or discounted banking and mortgage services
- Basic Life Insurance and AD&D
- Tuition Reimbursement Plan
- Associate Referral Program
- Associate Volunteer Program
- Employee Assistance Fund (subject to IRS guidelines)
- Employee Assistance Program
- Opportunities for training and career development
- Gym Discounts, Verizon Wireless Discounts, Tickets At Work Discounts
- Retail branch locations are closed on Saturdays!
Do you want to make a difference? If so, this opportunity may be the right choice for you! Fidelity Bank/NOLA Lending Group is looking for competitive, self-reliant, energetic individuals that are driven to succeed.
Position Summary:
The Commercial Credit Analyst 3 is responsible for serving a vital role in the commercial lending process. Will provide a full analysis on commercial loans, and act in an advisory capacity to management, loan decision makers and commercial lending officers.
This position is exempt under the Fair Labor Standards Act and is not eligible for overtime pay.
This position may be filled at a lower or higher level depending on the candidates qualifications and relevant experience.
Required Qualifications, Competencies, and Skills:
- Bachelors degree in a related business field
- 6 years as a commercial analyst or related risk function with at least 3 years in the commercial credit analysis function
- Detailed understanding of financial, managerial, and accounting concepts
- Research and interpretive skills accompanied by attention to detail, strong analytical skills, and organizational skills
- Independent thinker with strong decision-making capability
- Must exhibit an understanding of financial statements: balance sheets, income statements, statement of cash flows, and personal and business tax returns
- Proficient in Microsoft Office Suite to include Word, Excel, Outlook, PowerPoint, Teams
- Developed cognitive skills to include Analytical, Problem Solving, Judgement, Decision-Making
- Developed intrapersonal skills to include Follow-Through, Initiative, Development
- Developed interpersonal skills to include Communication: Listening, Speaking, and Writing, Collaboration, Client Focus, Versatility
- Developed technology skills to include Knowledge Management, Agile Development
- Developed leadership skills to include Achieving Results, Addressing Conflict, Business Acumen, Implementing the Vision
- Developed sales skills to include Preparation, Knowledge, Questioning, Connecting
- Experience with one or more of the following lending specialties: Commercial Real Estate, Asset Based Lending, Small Business Administration, and Commercial & Industrial
- Determine repayment capacity for all loan requests
- Spread and analyze all business financial statements, personal tax returns, review credit bureaus, and calculate repayment ratios
- Indicate loan policy exceptions and independently identify justification for exceptions
- Research industry best practices and standards and determine which industry is applicable to the customers scale of business operation
- Consult loan officers on final loan structure. Advise loan officers of key risk concerns and possible mitigation options
- Provide vendor risk decision to Data Security Department and determine level of vendor review required
- Make assessment and recommendations for SBA and other government lending loan eligibility when appropriate
- Must independently determine proper loan covenant requirements for all loan files depending on loan structure, industry specifics, customer cash and operational life cycle, and other subjective factors
- Determine questions to be asked of customers regarding operational trends, and deviations from industry standards derived from research and independent thought process
- Approve credit closing conditions and grant applicable clearance to loan officer
- Prepare final loan approval packet content for decision authority, and justify initial decision recommendation
- Assign initial risk rating to all credit files and justify rating
- Attend loan committee meetings and represent credit prospective; justify credit determinations during loan discussions
- Will accompany loan officers to customer meetings to make determination of business risk factors and meet with key financial decision makers within the borrowers organization. Offer consultative advice when applicable
- Subjectively determine appropriate treatments of non-recurring cash flow, speculative risk, stress factors and tests, and provide independent summarization of loan risk criteria
- Independently discuss loan files with external loan reviewers and safety and soundness examiners
- Complete HMDA reporting to Compliance Department by the 20 th of each month
- Consistently exemplifies our Core Values of Integrity, Community, Dependability, Excellence, Longevity, and Accountability
- Complies with regulatory rules and regulations evidenced through successful completion of training and demonstrated ability
- Performs other duties and/or special projects as appointed by management
- Physical Requirements: primarily sitting with some standing, walking, lifting and bending
If you require an accommodation to submit your application for an open position, please send an email request to or call 985-612-2764. All information provided will be kept confidential and will only be used to the extent required to provide the needed reasonable accommodation.
For assistance or questions regarding the recruitment process, please email .
This position is located in Baton Rouge, LA, 70808.
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Finance and Sales-
Industries
Banking
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