Credit Analyst

cbsbank; Birmingham (AL); On-site; USD 55,000 - 75,000; Full time

Job summary

cbsbank is seeking a Credit Analyst in Birmingham, Alabama. The role involves analyzing financial statements of commercial customers, preparing credit memos, and ensuring compliance with regulations.

The ideal candidate should hold a Bachelor's degree in accounting or finance, with at least one year of relevant experience. The position requires strong communication skills, both oral and written, to effectively interact with customers and colleagues.

Qualifications

• Bachelor's degree from an accredited college with a concentration in accounting/finance preferred.
• No less than one year experience in a commercial lending department.
• Demonstrated ability to communicate complex issues both orally and in writing.

Responsibilities

• Analyzes financial statements of commercial customers.
• Prepares credit memos and documentation for Loan Committees.
• Maintains accurate department records.

Skills

Financial analysis

Regulatory compliance

Customer interaction

Education

Bachelor's degree in accounting/finance

Job description

GENERAL FUNCTION OF CREDIT ANALYST

Responsible for spreading and analyzing financial statements of commercial customers which include calling lenders to collect additional financial information.

MAJOR DUTIES AND RESPONSIBILITIES OF CREDIT ANALYST

Analyst (85%)

• Prepares credit memos
• Works with Loan Review
• Spreads financial information for relationships over $500,000 on a regular basis
• Consults customers, accountants and other contacts regarding credit.
• Prepares documentation for Officer's Loan Committee and Director's Loan Committee.
• Prepares Credit Risk Rating and Global debt coverage's for lenders.

Compliance (15%)

• Complies with Regulators.
• Continually educates on regulatory issues, including various seminars and schools.
• Learns existing state federal regulatory.
• Reviews loans for compliance with regulators including real estate, retail and commercial.

ADDITIONAL RESPONSIBILITIES OF CREDIT ANALYST

• Maintains accurate department records and any other duties assigned by supervisor.

JOB QUALIFICATIONS OF CREDIT ANALYST

• Bachelor's degree from an accredited college with a concentration in accounting/finance preferred.
• Significant banking and lending experience may substitute for education requirement.
• No less than one year experience in a commercial lending department or credit-related department or credit-related department of a commercial bank or other commercial lender, or four years retail banking and consumer lending experience.
• A demonstrated ability to interact with customers, listen effectively, and to communicate complex issues both orally and in writing.