Commercial Credit Analyst II

Fidelity Bank; Metairie (LA); On-site; USD 54,000 - 66,000; Full time

Benefits offered by this job

ESOP

Health insurance

Dental insurance

Vision insurance

Paid time off

Holidays

Job summary

Fidelity Bank in Metairie, LA is seeking a Commercial Credit Analyst II to assess borrower creditworthiness, structure loans, and support loan committees. The role rewards experience in commercial analysis with a strong emphasis on risk assessment and financial statement review.

Offering competitive pay starting in the mid-60,000s, comprehensive benefits including ESOP, health/dental/vision, paid holidays, retirement plans, and opportunities for career advancement within a community-focused bank.

Qualifications

• At least 3 years of experience as a commercial analyst or in a related risk function, with at least 1 year in commercial credit analysis.
• Experience in Commercial Real Estate, Asset Based Lending, SBA, or C&I fields preferred but not required.

Responsibilities

• Determine repayment capacity for loan requests.
• Spread and analyze business financial statements and tax returns.
• Indicate loan policy exceptions and justify them.
• Advise loan officers on risk concerns and mitigation options.
• Prepare final loan approval packet content for decision authority.
• Attend loan committee meetings and represent credit perspective.

Skills

Credit analysis

Financial statement analysis

Risk assessment

Regulatory compliance

Loan underwriting

Job description

Leverage your Commercial Analyst/Credit Analyst experience and join a beloved, long-standing local banking institution that can offer you competitive compensation, excellent benefits (including 14 paid holidays and an ESOP program where you can be an employee-owner of the company!), and opportunities to advance and grow with the company.

Make your mark with a bank that values you, invests in your future, and continues to grow.

Fidelity Bank is searching for a Commercial Credit Analyst II in the Metairie, LA area!

If you have at least 3 years of experience as a commercial analyst/commercial credit or related risk function with at least 1 year in the commercial credit analysis function, Fidelity Bank wants to hear from you! Experience in the Commercial Real Estate, Asset Based Lending, Small Business Administration, or Commercial & Industrial fields is preferred but not required.

Why Commercial Credit Analysts join the Fidelity team:

• Unbeatable benefits package including an ESOP program where you can be an employee-owner of the company, health, dental, vision, paid time off, 14 paid holidays, HSA with employer contributions, 401k with employer match, paid parental leave, wellness program that can reduce your health insurance premiums, free or discounted banking services, life insurance, AD&D, tuition reimbursement, referral program, EAP, employee discounts, and more!
• Competitive compensation starting in the mid $60,000’s/yr, or more based on your experience.
• Desirable, consistent schedule: Monday – Friday from 8:00am – 5:00pm
• Opportunities for Advancement: Fidelity Bank believes in promoting from within and is always looking for key players to move into higher level roles.
• Culture: Respect, Freedom, and Flexibility is our culture for our employees! Fidelity Bank serves and values their community with Acts of Community Service outreach opportunities – They’re also committed to doing their part for their neighborhood and are proud of their community programs.

Essential duties/responsibilities:

• Determine repayment capacity for all loan requests
• Spread and analyze all business financial statements, personal tax returns, review credit bureaus, and calculate repayment ratios
• Indicate loan policy exceptions and independently identify justification for exceptions
• Research industry best practices and standards and determines which industry is applicable to the customer’s scale of business operation
• Consult loan officers on final loan structure. Advise loan officers of key risk concerns and possible mitigation options
• Provide vendor risk decision to Data Security Department and determine level of vendor review required
• Make assessments and recommendations for SBA and other government lending program loan eligibility when appropriate
• Independently determine proper loan covenant requirements for all loan files depending on loan structure, industry specifics, customer cash and operational life cycle, and other subjective factors
• Determine questions to be asked of customers regarding operational trends, and deviations from industry standards derived from research and independent thought process
• Approve credit closing conditions and grant applicable clearance to loan officer
• Prepare final loan approval packet content for decision authority, and justify initial decision recommendation
• Assign initial risk rating to all credit files and justify rating
• Attend loan committee meetings and represent credit perspective; justify credit determinations during loan discussions
• Accompany loan officers to customer meetings to make determination of business risk factors and meet with key financial decision makers within the borrower’s organization as needed.
• Subjectively determine appropriate treatments of non-recurring cash flow, speculative risk, stress factors and tests, and provide independent summarization of loan risk criteria
• Independently discuss loan files with external loan reviewers and safety and soundness examiners
• Consistently display our Core Values by Being Trustworthy, Uniting Communities, Inspiring Excellence, Living Like Owners, and Delivering Results
• Comply with regulatory rules and regulations evidenced through successful completion of training and demonstrated ability
• Perform other duties and/or special projects as appointed by management
• Physical Requirements: primarily sitting with some standing, walking, lifting and bending

About the Company:

Fidelity Bank abides by a simple promise: To create a better future by acting with courage and integrity alongside our customers and in our communities. We stand ready to serve. Since 1908, we have built a legacy upon simple, enduring values and an unerring commitment to the communities we serve. We invite you to learn more about our history, community support initiatives, and career opportunities and explore information to both empower and protect your financial future.

Fidelity Bank is an Equal Opportunity Employer/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws. Fidelity promotes a drug-free workplace.