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First Interstate · 1 month ago

Credit Analyst III

Portland, OR

Full-time

Hybrid

Senior Level

7+ years exp

First Interstate is a financial institution seeking a Credit Analyst III. The role involves collaborating with relationship managers to evaluate commercial credit information and prepare detailed reports analyzing financial statements, cash flows, and risks associated with borrowers.

BankingCredit CardsFinancial ServicesWealth Management

Responsibilities

Reads, reviews, and understands various financial statements to include but not limited to; tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals

Prepares financial spreads for various types of commercial and real estate businesses, municipalities, non-profits, and individuals acting as direct obligation borrowers or guarantors

Analyzes credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks

Analyzes findings and authors a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative

Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial information

Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to complex requests with limited guidance from immediate manager

Ensures compliance to applicable regulations and keeps up to date with changes in federal regulations and FIB credit policy requirements

Assists the Relationship Manager in the preparation of reports for quarterly monitoring of classified and criticized commercial relationships

Completes financial performance metric covenant testing utilizing prepared financial spreads

Portfolio management as assigned

Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring

Participates in the production and development of training materials and assists with the delivery of training through various channels

Partakes in a mentorship program with lower-level analysts to assist in guidance and the overall development of credit acumen

Acts as a resource for Relationship Managers and other analysts for questions relating to Loan Policy, loan structuring, and underwriting recommendations

Qualification

Financial analysisCredit risk assessmentCommercial banking experienceFinancial spread softwareMicrosoft Office SuiteVerbal skillsAnalytical skillsOrganization skillsWritten skillsProblem-solving skills

Required

Strong organization and time management skills

Excellent written and verbal skills

Able to develop and maintain internal and external relationships with individuals such as Relationship Managers, Credit Officers, and Risk Management Personnel

Able to work in a fast-paced environment, set priorities, and establish and meet strict deadlines with the flexibility to adapt quickly to changing priorities

Self-motivated and possess the ability to assist with credit risk decisions

Strong analytical and problem-solving skills, as well as an attention to detail

Able to prioritize and work with others in an integrated way to achieve individual objectives and team results with flexibility to adapt to changing volumes, requirements, and areas of focus

Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint

Able to acclimate quickly to other programs

Bachelor's Degree in Business, Finance, or related field required

7-9 years of banking experience and/or equivalent combination of education and experience required

4-6 years experience in a similar position required

Experience with financial spread software required