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Citizens Alliance · 1 day ago

Credit Analyst

Clara City, MN

Full-time

Onsite

Entry, Mid Level

1+ years exp

Citizens Alliance is a community-focused bank seeking a Credit Analyst to provide credit analysis assistance to lenders. The role involves monitoring financial statements, performing collateral audits, and ensuring compliance with loan-related regulations.

Management Consulting

Growth Opportunities

Responsibilities

Spread financial statements as requested; while maintaining a working knowledge of lending software, to provide overall support and assistance to Lending staff in the financial analysis process

Conduct industry research and locate resource material for peer comparison

Review incoming financial statements. Update and/or complete financial spreads and covenant monitoring spreadsheets to be forwarded to the appropriate Lending staff

Review and assist in negotiating loan agreements and ancillary documents related to transaction closing

Complete an analysis of accounts receivable aging and borrowing base certificates received from borrowers

Update the customer information system with current availability information

Understand the clients’ needs and identify potential cross-selling opportunities for other Bank products and services

Perform collateral audits, as requested

Provide written financial statement analysis for credit presentations, file comments and annual reviews. Maintain the report of review due and work with lenders to keep comments current

Monitor and report on specialized portfolios

Perform an annual review of loan portfolios and report findings to appropriate lenders. Provide management report of outstanding issues

Complete periodic reviews of file quality for participation portfolio

Communicate security valuations deficiencies with lenders and perform any follow up action requested. Provide a summary of actions to supervisor

Perform duties in accordance with company policies and procedures, as well as Federal and State Regulations and Laws

Excellent written and verbal communication skills

Ability to multitask

Ability to prioritize workload

Assist co-workers as needed

All employees are expected to exemplify and follow our core values

Regular attendance and punctuality when reporting to work

Travel for trade and industry schools and seminars as needed

This position may require installation of a Multi-Factor Authentication (MFA) app on an employee’s personal mobile device. THE MFA apps are used to authenticate a user’s identity to the system for security purposes

Adhere to and comply with all applicable, federal, and state laws, regulations, and guidance, including those related to BSA/AML, as well as adhere to the Bank’s policies and procedures

Perform other duties as assigned and requested