Credit Analyst

The Credit Analyst provides analytical support for commercial banking including an independent analysis of creditworthiness of customers and prospects. The position analyzes current credit data, financial statements, and necessary due diligence data of individuals or companies to determine the degree of risk involved in extending credit or lending money.

The Credit Analyst prepares reports with the credit information for use in decision making of concurring approvers.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

· Ability to read, analyze, and intercept general business periodicals, professional journals, technical procedures or governmental regulations.

· Ability to write reports, business correspondence, and procedures manuals.

· Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

· Ability to solve practical problems and deals with a variety of concrete variables in situations where only limited standardization exists.

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

· Ability to manage multiple projects

· Strong analytical and organizational skills.

· Excellent written and verbal communication skills

· Proficiency in Microsoft Word and Excel

· BS/BA Degree in Business, Accounting, Finance or a related field is preferred.

· 3-5 years’ work-related experience and/or training preferred

ESSENTIAL JOB DUTIES:

· Provide quality customer service.

· Work 40 hours per week.

· Follow Stone Bank's policies, procedures, and standards.

· Follow attendance policy.

· Responsible for preparing basis and comprehensive credit analyses on commercial loans that facilitates the credit approval process for use by loan officers or committees in the making of lending decisions regarding new, renewal, and extension loans

· Analyzes information statements and related material and prepares summaries and presents facts, and offers thoughts concerning credit-worthiness.

· Prepares credit and cash flow analyses; submits credit approval documents and write-ups to appropriate personnel for decision making.

· Provides supports of loan officers and managers through financial statement spreading and analysis of new loan requests and existing credit relationships.

· Participates in deal discussion meetings between lending personnel, market managers and appropriate credit officers.

· Performs duties with supervision from manager which will provide opportunity to develop a thorough understanding of various types of lending facilities as well as a variety of companies and industries.

· Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

· Perform other duties as assigned by Supervisor.