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Coeur d'Alene

    Commercial Banking Credit Analyst - Coeur D'Alene, United States - Idaho State Job Bank

    Idaho State Job Bank
    Idaho State Job Bank Coeur D'Alene, United States

    3 weeks ago

    Idaho State Job Bank background
    Description
    Commercial Banking Credit Analyst / Assistant Relationship M at Northwest Bank in Coeur d'Alene, Idaho,

    United States Job Description Position Summary:
    The ARM supports Relationship Managers (RMs) as a member of the customer service team.

    The ARM conducts credit analyses including gathering, analyzing and interpreting all types of credit information on existing and prospective customers and portfolios.

    The ARM provides timely, accurate financial analysis and makes recommendations regarding the extension of credit (via credit memos); develops key discussion points and questions to assist in analyzing loan opportunities; works with RMs, Loan Administrators and customers to close loans and/or assist in monitoring and administering the loan portfolio in accordance with loan approval; and, works with other Bank associates to address client needs as necessary/requested.

    Essential Duties & Responsibilities + Perform assigned duties in accordance with the Bank's Mission, Vision and Core Values; and provide the Bank's customers with timely, responsive and exceptional service in accordance with the Bank's customer service standards + Adhere to defined Service Level Agreements, both internal and external + Investigate, interpret and analyze credit reports + Spread and analyze financial statements and information to evaluate existing and projected company cash flow + Work with Loan Administration to order all necessary reports (UCC lien searches, title, insurance, appraisals / evaluations, environmental, flood, etc.

    + Review independent appraisal and collateral exam reports + Develop list of key information necessary to support the loan approval process + Prepare detailed Credit Memorandums with defined Credit Quality Expectations and within Credit policies and procedures for review and approval + Make underwriting recommendations to the Relationship Manager, Market President, and Credit Administration, as appropriate + Assist in monitoring loans through timely collection of financial information / tickler management + Create and maintain customer files within defined bank standards + Review financial information for loan compliance in order to maximize credit quality and minimize risk and potential loss + Assist RM with maintaining current financial information consistent with loan approval and ensure maintenance of the credit file + Serve as an important part of the Relationship Management team + As requested by RM, attend customer meetings and take notes to assist in underwriting and evaluating risk + As requested by RM, work with loan applicants to ensure loan packages are complete + Participate in Credit Trainings to remain current on standards and expectations + As requested by RM, assist in the preparation of Preflights and LOI's + Review portfolio reports to be informed of work flow, maturing loans (early identification of need for loan extensions), covenant compliance, etc.

    + Analyze/recommend line draws (via Borrowing Base Certificates, Construction Draws, etc.) as requested by RM + Support collection of past due accounts as requested by RM + Assist with customer calls and marketing efforts as requested + Maintain knowledge of and compliance with banking regulations + Be knowledgeable of and able to promote all bank products and services + Perform other duties as assigned Required Qualifications + Bachelor's degree in Business, Finance, or related area; or equivalent work experience.

    + 1 year of experience in credit analysis and/or lending activities Preferred Qualifications + Developed credit analysis and analytical skills + Thorough understanding of business cash flow and differing legal business structures + Good knowledge of economics, accounting, and finance + Basic knowledge of risk analysis + Thorough knowledge of lending policies and procedures preferred + Proficient computer skills with collaboration and productivity tools including Windows-based operating systems and office suites (Microsoft Word, Outlook, Excel, PowerPoint); spreadsheet applications to organize data used for advanced data analysis; internet; email; and bank software + Experience with financial analysis software such as Moodys and Bukers + Effective oral and written communication and time management skills Powered by JazzHR To view full details and how to apply, please login or create a Job Seeker account

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