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First Bank & Trust · 2 days ago

Senior Credit Analyst

United States

Full-time

Remote

Senior Level, Lead/Staff

$78K/yr - $127K/yr

10+ years exp

First Bank & Trust is seeking a Senior Credit Analyst who will review loans in accordance with the bank's Loan Policy and Guidelines. The role requires extensive understanding of commercial and agricultural credits to make recommendations that minimize the bank's exposure.

BankingFinancial Services

Responsibilities

Analyze and risk rate most complex credit lines and critique the credit classifications assigned by the Loan Officers. The analysis must be consistent with the findings of the appropriate regulatory agencies

Spread, analyze and review financial statements for highly complex current and prospective borrowers in a variety of industries using tax returns, financial statements, credit reports and other reporting as needed or requested. Calculate cash flow for more complex borrowers and guarantors. Analysis may include projections, trends and ratio analysis. Summarize and analyze findings in the bank’s written credit presentation

Prepare annual reviews on borrowing relationships in accordance with loan policy

Analyze the very intricate credit requests for the SBA portfolio

Monitor covenant compliance with loan agreements

Provide mentoring and training less experienced staff

Present loan files or credit lines not meeting the standards of Loan Policy and Guidelines to the Credit Analyst Manager or Loan Officer with a detailed explanation of the credit exceptions and the recommended action necessary to correct the deficiencies and improve the bank's position

In the event of minor technical documentation discrepancies or identified potential credit weakness, communicate directly with the Loan Officer and Credit Analyst Manager, requesting correction of the discrepancies and recommending alternatives for improving the credit lines. Perform follow-up action as necessary until corrected

As needed, attend Loan Committee meetings where credit lines are presented for final approval, recommended action, and classification

As required, perform services and projects for the department and the bank

Attend Credit Department and other committee meetings as requested by management to participate in decisions that affect ongoing and future operations of the department

Act in accordance with FBT policies and procedures as set forth in the employee handbook

Adhere to compliance procedures and participate in required compliance training

Qualification

Credit analysisLoan Policy understandingFinancial statement analysisProject managementBachelor's degreeRisk assessmentCommunication skillsAttention to detailMentoring