Job Description
Responsible for approving the extension of credit and/or making recommendations to the person(s) making the final lending decisions on new, renewal and extension loans to approve or deny the extension of credit. Prior to making the credit decision or advising the person(s) making the final credit decision, the Credit Analyst conducts a complete credit analysis including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers. Reviews customer accounts and portfolios to identify, evaluate and determine the appropriate course of action on potential credit quality issues in order to maximize credit quality and minimize risk and potential loss to the company. May use technological tools, including computer software, to assist in the credit analysis process by helping evaluate a particular credit or a portfolio. The Credit Analyst will use such tools to compare and evaluate possible courses of action and will make recommendations and/or decisions after various possibilities are considered.
Basic Qualifications
– Bachelor’s degree, or equivalent work experience
– Five or more years of relevant experience
Preferred Skills/Experience
– Strong credit analysis and analytical skills
– In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis
– Background in economics, accounting, and/or finance
– Effective technical report writing skills
– Effective verbal and written communication skills
– Proficient computer navigation skills using a variety of software packages
– Master’s degree or CPA certification is preferred
