Commercial Credit Analyst - Saint Paul - Drake Bank

Description

Commercial Credit Analyst

The Commercial Credit Analyst conducts credit investigations and analyzes credit information at the request of various lending officers pertaining to loans. The Commercial Credit Analyst also makes recommendations regarding credit analysis to loan officers and/or loan committee. This position prepares loan write-ups and summaries as well as performs miscellaneous financial analyses such as account, profitability, and yield analysis. This position does not have lending authority other than NSF approvals.

Essential Duties & Responsibilities:

Analysis of Credit Data and Financial Statements (75%)

• Generates financial ratios summaries using the bank's existing software systems to compare the ratios to industry averages for analysis purposes.
• Determines the degree of risk involved with extending credit to both commercial and individual borrowers.
• Prepares Credit Presentations that document new or renewed lending transactions for later review by the appropriate approval authority level.
• Prepares Annual Review Presentations for review by the appropriate approval authority level.
• Archives financials into Director.

Client Service (20%)

• Ensures internal processes are being followed accordingly.
• Partners with the lenders on requests to make sure appropriate questions and analyses are being completed on the client's financials.
• Performs within adequate turn times as set forth by the complexity of the credit.
• Ensures accuracy of the information that is being provided to the Bankers.
• Prepares Loan Document Request Forms for Bankers and provides the completed copy to Loan Operations.
• Completes NSFs in a timely manner and provides reports to the Bankers and Chief Credit Officer.

Review Real Estate Valuation (5%)

• Reads and analyzes appraisal and evaluation reports.
• Completes review form and obtains approval from Chief Credit Officer.
• Files, tracks and delivers approval or report to necessary team members and the client.

Other Responsibilities:

• Assists departments throughout the bank with special projects and functions.
• Performs all job function and interactions with fellow bank employees, customers, vendors and prospective customers within the guidelines of the Drake Bank Mission, Vision and Core Values: Dedicated, Reliable, Authentic, Knowledgeable, and Ethical.
• Performs other duties as assigned.

Regulatory Compliance Responsibilities:

• Demonstrates current and accurate understanding of loan-related compliance.
• Continually enhances knowledge of regulatory and compliance issues through completion of all required online training, attendance at in-house and external training presentations.
• Performs all job functions in accordance with Federal and State regulations and within banking polices.

Education and Experience: Bachelor's degree preferred or comparable experience with demonstrated competency. Two or more years of commercial credit analysis or related banking experience.

Knowledge/Skills Required: Must be able to accurately calculate and analyze figures and amounts included in financial statements (such as cash-flow calculations, leverage ratios, collateral coverage ratios, etc.) and then provide a clear summary of those calculations. The position requires the ability to analyze financial performance of borrowers and then provide a clear and concise summary of findings/results thereof. Knowledgeable and a skilled user of Microsoft Office, including Word and Excel. Self-starter with a passion for compliance and appreciation for the rules. Excellent verbal and written communication skills. Ability to listen, speak clearly and effectively to others. Strong time management, attention to detail and organizational skills with the ability to multi-task. Strong written and verbal skills. Ability to problem solve and work without direction. Ability to establish and foster strong processional relationships with both employees and external sources such as examiners. Satisfactory skill set in using the following software applications: Microsoft Outlook, Microsoft Word, Microsoft Excel, Microsoft Teams, and Fiserv applications. Knowledge of analysis software, Sageworks is preferred.

Working Conditions, Equipment, and Tools Used, Environment and Cognitive/Physical Demands: The environment for this position is a private office cubicle that is mostly clean and comfortable. It may include some minor annoyances such as noise, odors, drafts, etc. The individual is in a non-confined office setting in which he or she is free to move about at will. Ability to sit and/or stand for extended periods of time in an office setting. Good organizational and time management skills. Effective verbal and written communication skills including use of phone, computer, speaking, listening, and presenting. Ability to problem-solve and negotiate acceptable resolutions with respect and professionalism. Solid math and analytical skills. Computer literacy. Ability to lift up to 10 pounds, as necessary.

At Drake Bank, people come first. Our team is focused on developing relationships with our clients to build a better future. Our team is guided by our shared values in our mission to build a better future: Dedicated, Reliable, Authentic, Knowledgeable, and Ethical. These cornerstone values allow us to serve as a trusted community partner in helping businesses and families not only succeed but thrive. Our vision is to continue to position Drake Bank for long-term sustainability as a local, independent community bank in the Twin Cities. In the next ten years, we are positioned for considerable growth by balancing the relationship-based high-tech, high-touch focus. Join us in building a better future Drake Bank provides competitive salaries and an excellent benefits package. Drake Bank is an Equal Opportunity Employer.