AVP, Credit Analyst

Quality Staffing Services; Maryland; On-site; USD 70,000 - 90,000; Full time

Job summary

Quality Staffing Services in Salisbury, MD is seeking a mid-level Credit Analyst to support the bank's lending function. You will perform highly technical credit and financial statement analysis for commercial loan requests, renewals, and ongoing reviews of customer relationships.

The role requires attention to detail, ability to multi-task under deadlines, and strong written and verbal communication. Banking experience and knowledge of tax returns and financial analysis are preferred.

Qualifications

• Banking industry experience preferred;
• Understanding of personal and business tax returns & financial statements;
• Demonstrates attention to detail and ability to multi-task in a deadline-driven environment;
• Ability to work independently and in a team atmosphere;
• Excellent written and verbal communication skills.

Responsibilities

• Prepare loan analyses for new credit requests including spreading financial statements and updating the Loan Approval document;
• Compose the narrative analysis for credit requests based on transaction size and complexity;
• Assess borrower background, management capabilities, products/services, industry outlook, and competition;
• Spread new financial information for existing credits and update analyses for annual risk reviews;
• Prepare financial documentation for renewal of commercial lines of credit and covenant compliance;
• Provide industry-specific research for credit decisions;
• Support modifications and extensions with financial analysis;
• Assist with regulatory training and ensure compliance with applicable regulations;
• Maintain knowledge of bank policies and LoanVantage systems for tracking and renewals;
• Assist with loan reviews, audits, and regulatory examinations;
• Coordinate with credit and loan staff and executives to monitor portfolio quality.

Job description

Note: All communications with candidates will be kept strictly confidential.

What to expect:

The Credit Analyst position supports the Bank’s lending function and facilitates loan portfolio management objectives. This position performs highly technical credit and financial statement analysis utilized in underwriting new commercial loan requests, renewing open-end commercial lines of credit, and ongoing financial reviews for the Bank’s customer relationships.

Job Type: Full-time

Work Location: Salisbury, Maryland

What you will get to do:

• Preparation of loan analyses for new credit requests, including spreading financial statements, completing or updating the various component of an HSB Loan Approval document, including Business and Management Background, Business and Personal Financial Analysis, Obligor Cash Flow, Strengths and Weaknesses of the proposed loan, etc.
• Compose the narrative analysis for credit requests where appropriate based on the size and complexity of the transaction or relationship
• Effective assessment of:
  • Customer’s background and management capabilities
  • Customer’s products or services, industry outlook, and competition
  • Customer’s and guarantor’s financial capacity
• Spread new financial information received on existing credit relationships and update the analysis to assist lenders with annual loan risk rating reviews
• Prepare financial documentation for review and renewal of commercial lines of credit, including evaluation of payment performance and covenant compliance
• Prepare industry-specific research as needed from time to time where relevant and appropriate to a credit decision
• Providing financial analysis needed for modifications and extensions;
• Participating in required compliance training and ensuring compliance with all regulations that apply within the scope of the position. Supervisors have day-to-day oversight responsibility for ensuring compliance with regulatory laws as they relate to functions within their departments;
• Maintains comprehensive knowledge of bank policies and procedures, including BSA.
  • Maintain financial statement tracking, covenant compliance tracking, and documentation deficiency reporting systems within LoanVantage
  • Maintain oversight of ongoing reviews and renewals of commercial lines of credit within LoanVantage
• Assist with regulatory examinations, loan reviews, and audits
  • Maintain good working knowledge of the Bank’s credit policies and regulatory lending guidelines
  • Maintain an excellent understanding of legal documentation requirements
  • Provide consultative support to the credit documentation and administration staff to ensure credit facilities are properly documented
  • Actively participate in community service activities and/or volunteer to promote our mission, generate visibility, and serve our local community.
  • Other duties as assigned

Contacts & Relationships: The individual in this position will work closely with credit and loan department personnel, Business Development Officers, Chief Credit Officer, and Chief Lending Officer to provide management with an objective and ongoing assessment of the overall portfolio quality.

You will bring these qualifications:

Experience Level: Mid-Level

• Banking industry experience preferred;
• Understanding of personal and business tax returns & financial statements;
• Demonstrates attention to detail and ability to multi-task in a deadline-driven environment;
• Ability to work independently and in a team atmosphere;
• Excellent written and verbal communication skills.

About QSS:

Candidates rely on us for career matching, coaching, and skilled training. Clients know they can count on us to provide their business with a top-notch, customized workforce. We help talented and driven individuals find opportunities that are right for both the individual and client. Quality Staffing Services has served the community with the mission to help great people find great jobs since 1995.

Quality Staffing Services has three Maryland offices: Cambridge, Easton, and Salisbury to service clients and candidates across the entire Delmarva Peninsula (Delaware, Maryland, and Virginia).