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S&T Bank · 3 months ago

Credit Analyst II

Indiana, PA

Full-time

Onsite

Entry, Mid Level

$36K/yr - $77K/yr

2+ years exp

S&T Bank is a financial institution seeking a Credit Analyst II to provide independent analysis of credit quality for loan relationships. The role involves reviewing credit facility requests, preparing credit approval documents, and recommending risk ratings while supporting credit and lending staff.

BankingFinancial ServicesWealth Management

Growth Opportunities

Responsibilities

Determines whether information submitted for underwriting adheres to bank policy and procedures as well as regulatory requirements for commercial credit applications and reports non-compliance to relationship manager and supervisor

Researches and demonstrates a working knowledge of commercial loan documentation, agreements, leases, contracts, and other technical documentation of a legal nature. Identifies the documentation necessary to complete a loan documentation file for common commercial products offered and to perfect common types of collateral

Reviews loan terms and conditions and transaction sources and uses to determine whether minimum credit policy and procedure requirements have been met. Identifies improper structure and reports findings to supervisor and/or relationship managers

Conducts background checks and credit bureau inquiries via third party vendors to prevent fraud and assess the overall character of credit applicants

Working knowledge demonstrated by the ability to analyze higher-risk and/or specialized industries common in commercial lending transactions, including but not limited to automobile dealers, land acquisition and development, contractors, healthcare providers, ESOP’s, water and sewer authorities, and municipalities

Responsible for the efficient and accurate spreading of financial statements and the production of moderately to above average complex cash flow analysis/project analysis in accordance with prescribed bank procedures. The individual must possess the knowledge and experience to perform a detailed analysis of a customer’s Balance Sheet, Income Statement, Statement of Cash Flow, and project cash flow (if applicable) resulting in an effective evaluation of credit capacity of borrowers while identifying assumptions utilized. Conducts more complex analysis of multiple collateral types based on S&T Bank’s policies and procedures, identifying and relating collateral shortfalls to Relationship Managers

Analyzes and identifies pertinent historic trends in the customer’s business and communicate whether these trends positively or negatively affect repayment capacity. Must be able to research, analyze and interpret industry/market data including trends as it relates to a potential customer

Identifies appropriate financial covenants in concert with credit policy and or procedures and reports these items to Support Manager during underwriting process

Identifies significant credit issues during the underwriting process through the strengths and weaknesses portion of the credit presentation. Responsible for outlining/detailing the methodology utilized in determining strengths and weaknesses

Works closely with other departments, specifically secured credit to ensure, when applicable, strengths/weaknesses in collateral are addressed within credit facilities

Prepares the entire underwriting document utilized by senior/executive management to approve loans of up to senior loan committee level credit risk exposures. Ensures that documents are accurate and that assumptions are evidenced in the proposal

Recommends appropriate risk ratings to proposed loan transactions, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Communicates methodology utilized to supervisors during final credit submission

Recommends appropriate risk ratings for borrowers or specific facilities, when applicable, outside of the loan approval process, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Communicates all methodologies utilized to supervisors during final credit submission

Occasionally accompanies lending officers on calls with commercial loan customers

Provides guidance and oversight to Credit Analyst I employees. Acts as Mentors to Credit Analyst I’s within the department. May conduct training on an “as needed” basis

Assumes additional duties as requested, including special projects

Qualification

Credit analysisFinancial statement analysisCommercial loan documentationAccounting knowledgeRisk assessmentMentoringCommunicationTeam collaboration

Required

Requires four year college degree

Major or area of specialization: Bachelor's degree in Accounting, Finance or Economics with minimum of six hours in accounting

On-the-job experience as a credit analyst, as outlined below, and/or completion of a formal credit training program through regulated financial institution, along with on-the-job experience, may be considered in lieu of four year college degree

Moderate understanding of accounting concepts used in the preparation of financial statements of moderate to large sized commercial enterprises

Working knowledge of the more significant IRS rules used in the preparation of business and personal tax returns

Working knowledge of widely used credit analysis methodologies and techniques, including, but not limited to pro forma analysis, financial projections, discounted cash flow analysis, breakeven analysis, sensitivity analysis, and analysis of operating leverage

Two to five years of specialized training is preferred, specifically two years of credit analysis and/or two years of loan review experience