Commercial Credit Analyst

Park National Bank; Columbus (OH); Hybrid; USD 65,000 - 95,000; Full time

Benefits offered by this job

Flexible work arrangement

Remote work option

Job summary

Park National Bank in Columbus, OH seeks a Senior Credit Analyst to apply credit culture and policies to loan requests, including cash flow, collateral, industry, and management analysis. You will underwrite independently in compliance with current regulations and bank policy, and support commercial lenders in portfolio management.

Responsibilities include presenting loan requests, analyzing financial statements, developing covenants, and mentoring junior analysts.

Qualifications

• Bachelor's degree in business/finance; five years of relevant experience required.
• Ability to apply credit policies and make independent risk judgments.
• Experience with financial statement analysis, cash flow, and loan underwriting.

Responsibilities

• Apply credit culture and policies; act as policy expert in loan requests.
• Analyze cash flow, collateral, industry, and management to assess repayment capacity.
• Underwrite independently in compliance with regulations and bank policy.
• Assess and decide on credit requests; communicate decisions to borrowers.
• Recommend risk grades with supporting analysis and mitigants.
• Assist in portfolio management, annual reviews, and regulatory examinations.
• Review financial statements and tax returns; prepare loan write-ups.
• Develop loan covenants and structures to mitigate risk.
• Train and mentor junior analysts; may supervise a small team.
• Engage in site visits, loan closings, and customer communications.
• Present loan requests to approvers and Loan Committee when needed.
• Obtain third-party information and maintain data integrity.
• Prepare reports and track financial information; support compliance duties.

Skills

Interpersonal

Customer Service

Written Communication

Verbal Communication

Follow Directions

Adaptability

Basic Computer Skills

Attention to Detail

Analytical Thinking

Team Collaboration

Mentoring

Education

Bachelor's degree in business/finance

Job description

• This role is not eligible for sponsorship*

• This role is not eligible for sponsorship*

Responsibilities

• Soundly apply the bank's credit culture and credit policies; is considered a policy expert
• Use independent judgment and critical thinking in the compilation of key financial data for the accurate representation of credit risk in loan requests including global cash flow analysis, collateral analysis, industry analysis, management analysis, and overall repayment capacity
• Independently complete underwriting in accordance with current regulations, compliance terms, bank policy, and legal requirements
• Accept credit requests directly from borrowers; make initial decision with regard to declination or proceeding in the credit request process
• Recommend appropriate risk grade, supporting the grade with risks, mitigants, and strengths
• Considered a valuable resource for the credit write-up/template and tax return analysis
• Proactively assist the Commercial Lenders in portfolio management functions including seeking out and assisting in the annual review process, loan review preparation, and in regulatory examinations; may manage said processes and examinations
• Spread financial statements and tax returns and analyze historical performance; review proformas for reasonableness
• Develop appropriate loan covenants to provide advance warning of potential credit risk and mitigate losses; develop proper loan structures
• Assist in the training of junior analysts as needed; may manage a small group of other credit analysts or related positions
• Review and analyze appraisals for market, credit, construction, and economic risks
• Understand more complicated loan documents; assist Commercial Lenders in working with outside legal counsel to prepare and execute loan documentation
• Participate in customer meetings; independently inspect properties; prepare customer communication on behalf of the Commercial Lender; handle simple loan closings for the Commercial Lender; work with customers in obtaining updated financial statements
• Assist Commercial Lenders with presenting loan requests to approvers, Senior Lenders, and Loan Committee as needed; attend and participate in other meetings; may present credit requests on behalf of Commercial Lenders
• Obtain, analyze, and incorporate third-party borrower information (e.g., credit reports); research inconsistencies
• Maintain data integrity
• Prepare pertinent reports, track financial information and receipt thereof
• Work with the Commercial Lender on classified assets and reporting thereof
• Maintain awareness of and adherence to Bank's compliance requirements and risk management concepts, expectations, policies and procedures and apply them to daily tasks.
• Deliver a consistent, high level of service within our Serving More standards.
• Other duties as assigned.

COMPETENCIES

• Interpersonal/Customer Service Skills
• Written and Verbal Communication
• Ability to understand and follow directions
• Adaptable to change
• Basic Computer Skills
• Organizational Skills/Detail Oriented
• Analytical Thinking
• Problem/Situation Analysis
• Technical Expertise
• Ability to build collaborative relationships
• Ability to develop or mentor others
• Ability to work as part of a team

SCHEDULE

Typical office hours are M-F 8a-5p. This position is exempt and full-time. A minimum 40 hours is required per week. Additional time may be necessary based on customer and bank needs.

This position is eligible for a flexible work arrangement with opportunity to work both in office and remotely.

Education - Certifications - Work Experience

Bachelor's degree in a business field, preferably finance or accounting. Other concentrations will be considered with at least five years relevant experience required

Travel Requirements

Travel to customers and prospects is expected

Physical Requirements

This position must be able to remain in a stationary position a maximum of 50% of the time, constantly operate a computer up to 50% of the time and be able to be in constant communication with coworkers, customers, or stakeholders to discuss and observe facts and data in order to exchange accurate information.

The Park Brand

You belong at Park. Our doors are open to everyone - no matter where you're coming from or where you want to go from here.

Mission

To promote the long-term prosperity of the people and the organizations we serve.

Who We Are

Community banking teams are bound by everything that matters most: by the way we serve our customers.; by the way we show up for our communities; by the way we celebrate everyone's biggest, best moments; by the way we're here for one another on the days we need support; and by our love of neighbors and neighborhoods. Together, our family proudly shares who we are and who we've always been. United and strong, we serve our customers and communities more.

Brand Essence

A family of community banking teams who, together, serve more - more businesses, more families, more community needs, more access for more people like you and me.