Credit Analyst Apprentice - Oklahoma City, United States - Seamen's Bank

Description

The Credit Analyst Apprentice will participate in a year-long formal training program which includes a combination of on-the-job training in conjunction with completing the Massachusetts Bankers Association Apprenticeship program.

The Massachusetts Bankers Association Apprenticeship program is designed to provide basic requirements necessary for Credit Analysts to identify and understand risks commercial borrowers face and how to begin the process of determining their financial condition and creditworthiness.

In this course, Apprentices will learn skills and knowledge covered in five modules to perform the Job Functions in the Apprenticeship Program.

The five areas of coverage are:

Job Function 1:
Analyzing Credit Data and Financial Statements to Determine the Degree of Risk Involved in Commercial LendingBank Regulations Related to Commercial, Industrial and Real Estate LendingKnow Types of Industry, Business, Management, and Risks Associated with eachUnderstand Accounting Equation, Principals, and AssumptionsKnow How to Create a Financial Statement from EconomicEvents and Journal EntriesIdentify Various Income Tax Return Forms and How to Analyze Each FormJob Function 2:

Complete Loan Applications, Credit Analysis & Summarize for Submission to Loan CommitteesUnderstand Types of Background Information Required on a Loan ApplicationKnow Types of Financial Data and Supplemental Credit Data on a Loan ApplicationKnow Types of Credit Analysis Required for Each Type of IndustryKnow How to Start Outlining Credit Analysis Summary for Loan CommitteeJob Function 3:

Generate Financial Ratios, Using Computer Programs to Evaluate Customers' Financial ConditionKnow the Structure of the Balance Sheet, Income Statement & Cash Flow StatementUnderstand Financial Statement Components and Factors That Influences ThemKnow Principles of Spreading Financial Data on Computer ProgramsKnow How to Calculate and Interpret Financial and Credit Ratios & Cash FlowJob Function 4:

Analyze Financial Data, Sales & Income Growth and Quality of Management PerformanceUtilize Financial Ratios to Determine the Asset Conversion CycleDetermine Financial Impact of Changing Financial RatiosBuilding Financial Forecast Utilizing Historical Performance and AssumptionDetermine Sustainable Sales and Income Growth While Maintaining Financial StrengthJob Function 5:

Prepare Reports Including the Degree of Risk Involved in Extending Credit or Lending Money

Instruction Methods:
The course includes lectures, hands-on exercises, calculations of key ratios, and group analysis of case studies. Case studies are based on actual companies and lending situations. Pre-reading and homework will be given throughout the course.


Prerequisites:
Accounting I (strongly encouraged), Account II (a plus).


Note:
Participants will need a financial calculator that performs "Time Value of Money" calculations.

It must have the 5 Time Value of Money keys:
N, I/YR, PV, PMT, FV

AAP/EEO STATEMENT:

Seamen's Bank is committed to a firm policy in favor of equal employment opportunity and will abide by all applicable state and federal regulations by not discriminating against any applicant or employee on the basis of race, religion, color, creed, sex, age, national origin, citizenship status, marital status, sexual orientation, gender identity and expression, disability or veteran status.

Our commitment to equal employment opportunities shall include employment, upgrading, promotion, demotion, transfer, leaves or other absences from work, layoff, compensation and benefits, selection for training or other education, professional opportunities and conflict resolution.

It is also the policy of Seamen's Bank to take affirmative action to employ and to advance in employment, all persons regardless of their status as woman, minority or individuals with disabilities or protected veterans, and to base all employment decisions only on valid job requirements.

Please inform us of any necessary accommodations required during the application process and/or at any time during employment.

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