Extraco Banks · 16 hours ago
Credit Analyst III
Waco, TX
Full-time
Onsite
Senior Level
5+ years expExtraco Banks is a financial institution looking for a Credit Analyst III to support their commercial and CRE portfolio through high-quality credit analysis and collaboration with various stakeholders. The role involves underwriting complex credits, preparing credit approval packages, and mentoring junior analysts while ensuring adherence to risk policies and regulatory expectations.
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Responsibilities
Lead underwriting of complex commercial and CRE credits, including spreading financials, performing cash flow and global analysis, collateral evaluation, and sensitivity analysis
Structure and recommend loan terms, covenants, and collateral packages that balance client objectives with sound risk mitigation
Prepare efficient decision-ready credit approval packages with clear risk rating rationale, key risks, mitigants, and policy exception identification and mitigation
Partner with Portfolio Manager and Relationship Manager to complete new deal team and opportunity memo calls, as well as operate as a subject matter expert for guidance on underwriting and system help
Assist in covenant compliance and financial reporting requirements, identify breaches or emerging concerns, and recommend waivers, amendments, or collective action when applicable in cases such as renewals
Maintain accurate and timely risk ratings and support early-warning and watch list analysis in coordination with Credit Management
Participate in client calls and site visits with RMs/PMs to deepen understanding of borrower operations and risk drivers when applicable
Collaborate with Credit Management on loan analysis, and timely package writing for Loan Committee requests
Manage the Credit Inbox, assign and monitor incoming requests for analysis
Contribute to bank portfolio reporting, data integrity efforts, stress testing, and other special projects as assigned, as well as monitoring macro/micro economic trends affecting the bank or customer segments
Ensure policy adherence and address audit/exam results attributable to work product
Mentor and coach junior analysts to help drive consistency in underwriting standards
Complete required training and contribute to process improvements
Participate in online trainings on specific topics as assigned by management for continuing education
Attend seminars, training sessions, or industry conferences as assigned by management for continuing education
Engage in career path training programs with assessments to identify areas for further training
Recommends, but typically does not unilaterally approve, credit structures for new and renewed facilities
Recommends risk ratings, covenants, and collateral terms for Credit Management or committee approval
Authorized to request additional information, decline non-viable requests at pre-screen in coordination with RM/PM, and escalate policy or risk concerns to Credit Management
Qualification
Required
Bachelor's degree in finance, accounting, economics, or related field required; advanced degree or formal credit training preferred. (9+ hours of accounting preferred)
Typically 5-7+ years of progressive commercial credit analysis experience (C&I and/or CRE) with demonstrated ability to handle complex relationships
Strong financial statement and tax return analysis capabilities
Proficiency in cash flow modeling, projections, sensitivity analysis, with analytical judgment and risk awareness
Collaborative, team-oriented approach with the ability to balance sales and risk perspectives
Strong organization and ability to manage multiple complex assignments and deadlines
High proficiency in spreadsheet tools and loan origination system databases
Working knowledge of loan structures, documentation fundamentals, and relevant regulatory guidance
Excellent written and verbal communication skills, including the ability to present to senior Credit and line leadership
Working knowledge of Microsoft Office products
Detail oriented, understands bank terminology, and possesses good time management skills
Company
Extraco Banks
Extraco Banks is a banking firm that provides banking, mortgage, and investment services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Gary Miller
EVP & Chief Financial Officer
Sean Beasley
Executive Vice President Chief Credit Officer
Recent News
EIN Presswire
2025-07-04
The Killeen Daily Herald
2024-05-03
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