Commercial Credit Analyst

Park National Bank; North Carolina; On-site; USD 90,000 - 120,000; Full time

Job summary

Park National Bank seeks an experienced underwriting professional to apply the bank’s credit culture and policies, analyze cash flows, collateral and management risks, and assess repayment capacity for loan requests. You will independently underwrite in compliance with regulations, accept borrower's requests, determine declinations or allowances, and propose appropriate loan structures with risk grades.

This role supports portfolio management and loan committee decisions.

Responsibilities

• Apply credit culture and policies; act as policy expert
• Compile financial data for credit risk assessments (cash flow, collateral, industry, management)
• Underwrite in line with regulations, policy, and law
• Accept credit requests and decide to proceed or decline
• Recommend risk grades with justification including risks and mitigants
• Assist in portfolio management and annual review processes
• Spread financial statements and tax returns; analyze historical performance
• Develop loan covenants and structures; provide advance warning of credit risk
• Assist in training junior analysts; may manage other analysts
• Review appraisals for market and credit risks
• Coordinate with outside counsel on loan documentation
• Participate in customer meetings; inspect properties; assist in loan closings
• Present loan requests to approvers/loan committee
• Obtain and evaluate third-party borrower information
• Prepare pertinent reports and track financial data
• Work with lenders on classified assets and reporting
• Maintain compliance and risk management awareness
• Deliver high level service per standards
• Other duties as assigned

Skills

Interpersonal/Customer Service Skills

Written & Verbal Communication

Ability to understand directions

Adaptable to change

Job description

*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
• 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 changeOops