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1st Security Bank of Washington · 3 hours ago

Credit Analyst I

Mountlake Terrace, WA

Full-time

Onsite

Entry, Mid Level

$28.85/hr - $48.08/hr

2+ years exp

1st Security Bank of Washington is a recognized workplace that values relationships, teamwork, and community. The Credit Analyst I is responsible for conducting credit analysis, assisting in loan applications, and managing a loan portfolio while ensuring risk management and credit quality.

Finance

Culture & Values

Responsibilities

Prepare and present credit requests to Team Leader, Relationship Managers, Credit Administration and loan committee for use in support of lending decisions on new loans, renewals of existing credit, and increased exposure to existing Clients

Knowledge of commercial, construction and real estate credit analysis

Maintain loan and portfolio credit quality through annual and quarterly covenant, risk rating and trend analysis

Gather and analyze credit information on current and potential borrowers including preparation of financial statement spreads for borrowers and guarantors

Assess liquidity, leverage, cash flow and contingent liabilities of businesses and individuals

Research market for prospective clients

Make joint calls on customers and prospects

Prepare loan approval memorandums for new and existing clients, with oversight by Team Leader, Relationship Managers and Credit Administration

Work in concert with Credit Administration, Relationship Managers and Team Leader to organize and manage a tickler system on all loan relationships

Ability to prioritize and meet deadlines

Ability to work well in a team environment that promotes inclusiveness and communication among team members

Monitor customer’s accounts and portfolios in order to maximize credit quality and minimize risk of potential loss

Positive attitude and desire to learn

Perform other duties as assigned

Qualification

Credit analysisLoan structuringPortfolio managementFinancial statement analysisSBA products knowledgeMicrosoft Office proficiencyInterpersonal skillsVerbal communicationWritten communicationTeamworkAttention to detail

Required

Bachelor's Degree in Business, Finance, or Accounting and/or equivalent combination of education and experience

Two to five years of experience in credit underwriting, loan structuring, credit policy analysis and portfolio management

Two to five years of sales and customer service experience in the financial services industry

Thorough knowledge of applicable bank and branch policies, procedures, and support systems

Well-developed analytical skills and attention to detail and accuracy

Ability to work with minimal supervision while performing duties

Ability to deal with normal challenges involving multiple facets and variables

Demonstrated ability to make one-on-one and group presentations

Ensures excellent internal and external client relations at all times

Excellent interpersonal, verbal, and written communication skills

Knowledge of the Bank Secrecy Act, Anti-Money Laundering and applicable policies, procedures and regulations that pertain to this position is required

Proficient in Microsoft Office products and other database software

Preferred

Exposure to SBA products and procedures is a plus

Benefits

Full medical, dental, and vision coverage for individual or family plan.

Life insurance.

Long-term disability insurance.

401K matching program.

Paid sick and vacation time.

Company

1st Security Bank of Washington

Headquartered in Mountlake Terrace, Washington, 1st Security Bank has been serving customers in King, Kitsap, Pierce, Lewis, Thurston, Grays Harbor, Snohomish, Clallam and Jefferson counties since 1936.

Founded in 1936

Mountlake Terrace, Washington, USA

201-500 employees