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Mid Penn Bank · 49 minutes ago

Senior Credit Analyst - Pennsylvania Region

Harrisburg, PA

Full-time

Onsite

Mid, Senior Level

2+ years exp

Mid Penn Bank is actively seeking a Senior Credit Analyst to join their team. The Senior Credit Analyst is responsible for analyzing credit data and financial statements to determine the risk involved in extending credit and will prepare reports for credit decisions while providing leadership to less experienced analysts.

BankingFinanceFinancial Services

Responsibilities

Works independently and with minimal supervision to analyze credit data for the most complex credits

Reviews and analyzes data and financial information to evaluate and provide judgment on the short and long-term repayment prospects of the individual or company

Synthesizes the results of the financial review and prepares financial statement spreads and a written financial analysis summarizing the borrower's historical and projected performance, credit strengths and weaknesses, sources of repayment, potential risks to the organization, and overall evaluation of creditworthiness

Applies credit policy to all loan requests and identifies exceptions to policy that would need additional approvals

Researches specific industry issues and economic trends to predict the potential impact to the borrower's performance

Provides recommendations to assist in policy & procedure development or maintenance

Contributes to active portfolio management and makes recommendations based on the receipt and evaluation of new financial information

Accompanies Commercial Loan Officers on customer calls to collect information and ask questions

Continues on-going education to stay abreast of current economic conditions, techniques in credit analysis, risk management, and industry trends

Achieves goals assigned to the Senior Credit Analyst as part of the assigned department's annual operating plan

Helps establish department goals and implements strategies to achieve goals and helps to manage department workflow when needed

Collects information and asks questions that are then used in the credit analysis process

Works closely with Loan Officers and department management on more complex transactions and interacts with customers and their financial officers in gaining in-depth understanding of customer's business and financial position

Contacts accountants, attorneys, and/or borrowers to obtain additional information

Prepares financial documents and reports in an accurate and timely manner

Completes a minimum average of 8 write-ups per month

Completes extensions prior to month end

Actively manages the term loan reviews as assigned

Collaborates with credit team to identify and correct any issues related to the lending function including customer service, internal operations, credit control procedures, etc

Communicates with management and staff personnel in order to integrate goals and activities

Partners with department management to help train and develop less experienced Credit Analysts; provides leadership, acts as a mentor, reviews work for accuracy, and coaches on best practices and advanced credit underwriting skills

Responds to inquiries relating to his/her particular area, or to requests from other company personnel, customers, etc., within given time frames and within established policy

Ensures that all credit analysis activities are conducted in accordance with prescribed departmental procedures and applicable laws or regulations

Estimates the degree of risk involved in extending credit or lending money to firms or individuals

Determines risk rating based on the evaluation of financial information

Plays an active role in protecting the organization and its customers against fraud by incorporating risk awareness and prevention into daily responsibilities

Prepares or oversees the preparation of key department reports such as, Portfolio Management Reporting, Monthly Stock Collateral Valuation report, Borrowing Base tracking reports, Quarterly Board Reports, and others

Maintains appropriate records and reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate personnel

Prepares minutes for company meetings

Performs tasks, which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances

Regular and predictable attendance is required

Qualification

Financial analysisCredit risk assessmentMicrosoft ExcelMathematical conceptsData analysisLeadership skillsInterpersonal skillsPresentation skills

Required

Proficient reading, writing, and grammar skills

Proficient interpersonal relations, communicative, and presentation skills

Ability to work with mathematical concepts such as ratio and trend analysis

Ability to interpret trends in each

Ability to read, analyze, and interpret industry information, customer financial statements, and tax returns

Ability to define problems, collect data, establish facts, and draw valid conclusions

Proficient in use of Microsoft Excel, Microsoft Word, information systems, and Internet research

Demonstrated leadership skills

Ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, handle or feel, and lift items weighing 20 lbs. or less

Visual, auditory and speaking skills

Valid driver's license is required