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American Riviera Bank (arbv) · 15 hours ago

Credit Analyst III

Santa Barbara, CA

Full-time

Onsite

Senior Level

$35/hr - $53/hr

5+ years exp

American Riviera Bank is seeking a Credit Analyst III responsible for performing in-depth financial and collateral analysis on the credit worthiness of clients. The role includes supporting lenders in loan underwriting and preparing credit reports for loan approvals.

BankingCommunitiesFinanceFinancial Services

Responsibilities

Primarily serves as credit analyst for various lenders and performs detailed credit analysis of moderate to complex credit requests utilizing financial spreads to determine financial strength

Evaluates business plans, projections, operating records, and financial statements

Effectively communicates information and analytical results to various lenders and senior management

Analyzes historical financial information and projections to determine present and future financial performance. Assesses credit situations from all relevant angles to derive appropriate credit recommendations

Review and identify risks/mitigants associated with 3rd party due diligence reports including but not limited to appraisals, construction cost analysis reports, and environmental reports such as Veracheck’s and Phase I’s

Generates and compiles Credit Action Reports and Credit Memorandums to be submitted for Loan Approvals

Identifies loan policy exceptions, loan pricing deviations, and strengths and weaknesses of relationships; generates and recommends risk ratings

Interprets and applies Bank policies, governmental legislations, accounting theory, and/or consumer financial regulations

May provide guidance and direction to junior credit analysts

May participate on client calls and site inspections with loan officers

Responsible for assisting with structuring transactions, developing credit recommendations, and loan portfolio monitoring including covenant compliance

Performs annual reviews required for credit relationships

Provides support to loan officers on specific loan situations and calls credit issues to their attention

May assist with special projects in the Credit Administration/Lending Departments as needed

Attend and take meeting minutes for Director’s Loan Committee meetings

May assist loan officers with tracking and monitoring financial reporting ticklers and loan covenants

Become proficient in all underwriting aspects of Sageworks including spreading financial statements, pulling credit reports, generating Credit Action Reports, and utilizing Sageworks Workflows to ensure underwriting turnaround times are within the Bank’s internal service standards

Qualification

Financial analysisLoan underwritingCredit analysisMicrosoft OfficeBank productsCommunication skillsProblem solvingAttention to detailOrganizational skills

Required

Bachelor's degree (BA or BS) in Finance, Accounting, Business, Economics, or related field from a college or university and 5+ years prior related experience and/or training in one or more of the following fields: commercial credit, accounting, financial statement preparation/analysis, or other financial analysis

In lieu of a Bachelor's degree, a combined minimum of 7 years higher education and/or work experience in financial industry, including 5+ years prior related experience and/or training in one or more of the following fields: commercial credit, accounting, financial statement preparation/analysis, or other financial analysis

Intermediate to advanced experience, knowledge, skills and training in lending activities, as they pertain to loan underwriting of commercial, consumer, construction, and real estate loans

Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures

Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form

High level problem solving skills, organizational and time management skills and ability to work independently with general to minimal supervision

Ability to multi-task and work on multiple requests at the same time while effectively managing work schedule and work flow in order to complete work according to established or identified deadlines

Attention to detail, ensures accuracy in every transaction performed with minimal to no errors, follows through on any corrections

Must be highly competent with advanced skills in computer operation; Microsoft suite of applications, including, word processing, spreadsheet, specialty programs, loan software programs and financial software programs

Advanced math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs

Exceptional verbal, written and interpersonal communication skills with the ability to communicate thoughts clearly and apply common sense to carry out instructions, write reports and correspondence, speak clearly and professionally to customers and employees

Knowledge of Bank products and services

Ability to deal with problems involving multiple facets and variables in non-standardized situations

Valid, current Driver's License and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities