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S&T Bank · 5 hours ago

Senior Credit Analyst II

Akron, OH

Full-time

Onsite

Senior Level, Lead/Staff

$65K/yr - $154K/yr

10+ years exp

S&T Bank is a financial institution seeking a Senior Credit Analyst II to evaluate complex loan requests and analyze credit quality. The role involves preparing credit approval documents, mentoring junior analysts, and ensuring compliance with corporate policies and government regulations.

BankingFinancial ServicesWealth Management

Growth Opportunities

Responsibilities

Determines whether information submitted for underwriting meets bank policy and procedures as well as regulatory requirements for commercial credit applications

Researches and accurately interprets commercial loan documentation, agreements, leases, contracts, and other technical documentation of a legal nature. Identifies the documentation necessary to complete a loan documentation file for all commercial products offered and to perfect all types of collateral

Reviews loan terms and conditions and transaction sources and uses for complex requests to determine appropriateness of loan structure and reasonableness of loan purpose. Identifies improper structure and makes recommendations to Relationship Managers, lending management and/or credit approval authorities for improving loan structure

Conducts background checks and credit bureau inquiries via third party vendors to prevent fraud and assess the overall character of credit applicants

Expert in the analysis of higher-risk and/or specialized industries common in commercial lending transactions, including but not limited to: REITs, Asset Based Lending, automobile dealers, land acquisition and development, energy companies, contractors, healthcare providers and municipalities

Utilizes advanced financial and quantitative analyses techniques to evaluate financial and related information to gauge borrower's overall ability to repay debt as well as to assess financial performance relative to peer companies, industry benchmarks or other standards of performance

Interprets and resolves complex financial problems and questions, including the identification of required variables and data sources, proper adjustment of stated financial figures, finding solutions from incomplete or fragmentary information, and following through with all appropriate calculation steps

Recommends appropriate financial covenant structures for larger commercial loan transactions. Designs financial covenant definitions to be utilized in the commercial loan agreement

Identifies significant credit issues during the underwriting process through a comprehensive listing of major strengths and weaknesses in the proposed loan transaction(s). Responsible for defending positions taken

Prepares the entire underwriting document utilized by executive management to approve loans for the highest credit risk exposures. Ensures that documents are accurate with a high level of detail. Ability to thoroughly document the approaches taken and to defend all assumptions utilized in the credit analysis

Assigns appropriate risk ratings to proposed loan transactions, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings. Defends assigned risk ratings

Occasionally accompanies lending officers on calls with significant commercial loan customers. Provides support in identifying the appropriate information to be gathered from customers for new loan requests

Provides guidance and oversight to Credit Analyst I, II and Ill employees, especially in regard to specialized products such as land acquisition and development, REITs and Asset Based Lending

Conducts periodic training for analysts on specialized products including land acquisition and development, REITs and Asset Based Lending. Will be involved with the development of Credit Department procedures and methodologies

Responsible for managing a credit team in the absence of Credit Vertical Managers

Assumes additional duties as requested, including special projects

Annual due diligence of the list of banks engaged in buy-side or sell-side participations or syndications with the bank. Ad hoc due diligence analysis for new banks