Commercial Credit Analyst III

Park National Corporation; Chattanooga (TN); Sur place; USD 70 000 - 95 000; Plein temps

Résumé du poste

Park National Corporation is seeking an experienced credit underwriting professional in Chattanooga to apply credit culture and analyze loan requests. You will independently underwrite, assess cash flow, collateral, industry and management risks, and determine repayment capacity.

The role involves collaborating with Commercial Lenders, assisting in annual reviews, and supporting regulatory examinations. The candidate will spread financial statements, craft covenants, and contribute to loan

Qualifications

• Bachelor's degree in Finance preferred; High School diploma required.
• Experience in credit underwriting and risk assessment desirable.
• Strong analytical and communication skills essential.

Responsabilités

• Apply bank credit culture and policies; act as policy expert.
• Underwrite loan requests per regulations and bank policy.
• Evaluate requests from borrowers and make initial declination/proceed decisions.
• Recommend risk grades with supporting analysis and mitigants.
• Assist lenders with portfolio management and annual reviews; support in examinations.
• Spread and analyze financial statements and tax returns; assess historical performance.
• Develop loan covenants and structures to mitigate risk.
• Train and mentor junior analysts as needed.
• Review appraisals for market and credit risks; liaise with outside counsel.

Connaissances

Underwriting

Credit risk analysis

Financial analysis

Interpersonal skills

Communication

Mentoring/leadership

Detail oriented

Analytical thinking

Problem solving

Technical finance knowledge

Knowledge of financial statements/tax

Formation

Bachelor's degree in Finance

High School diploma

Outils

Microsoft Excel

Description du poste

***Sponsorship not available

JOB 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
• Abilitiy to understand and follow directions
• Basic Computer Skills
• Leadership/Management Skills
• Ability to build collaborative relationships
• Ability to develop and mentor others
• Organizational Skills/Detail Oriented
• Analytical Thinking
• Problem/Situational Analysis
• Technical Expertise
• Critical Thinking Skills
• Demonstrated knowledge and applied use of financial statements and complex tax returns

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.

A flexible work arrangement is available for this role. Scheduled onsite hours are required.

QUALIFICATIONS

Education

Bachelors of Finance (preferred)

High School (required)

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.