Credit Analyst

Journey Bank; Bloomsburg (Columbia County); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

401(k) with company match

Paid holidays

Vacation time

Job summary

Journey Bank seeks a full-time Credit Analyst to join our team and work on-site at our Bloomsburg or South Williamsport, PA locations. The role performs credit analysis, cash flow evaluation, and documentation to support lending decisions.

Responsibilities include data gathering, spreading financials, presenting findings to loan officers, and conducting annual reviews with risk grading. Requires a BS/BA in business and at least 2 years of related experience.

Qualifications

• Requires a B.S./B.A. in Business or related field and specialized financial analysis training preferred.
• Minimum of two years of related experience.
• Proficient reading, writing, math, and communication skills; knowledge of lending regulations.

Responsibilities

• Perform data gathering for prospective and active borrowing accounts.
• Input financial statements and tax returns into spreading software for analysis.
• Analyze data and evaluate prospects; perform cash flow analysis and provide support to loan officers.
• Make loan recommendations and document supporting information.
• Conduct annual reviews and assign risk grades based on financial performance.

Skills

Financial analysis

Credit analysis

Cash flow analysis

Data interpretation

Communication skills

Education

Bachelor's degree in Business or related field

Tools

Spreading software

Job description

Are you looking for a career with a purpose and work/life balance? At Journey Bank, we strive to assist our friends, neighbors, and members of our community on their financial journey. Journey Bank is a strong, independent community bank with over 22 locations and 290 employees. We are seeking a full-time Credit Analyst to join our team and work on-site at either our Bloomsburg or South Williamsport, PA locations.

The credit analyst is responsible for performing various duties to support the credit analysis function; coordinating work within the division, as well as with other divisions/departments; complying with operating policies and procedures established for the credit analysis function; communicating with appropriate personnel; responding to inquiries or requests for information; and maintaining appropriate records and providing assigned reports.

Essential duties:

1. Performs various duties to support the credit analysis function of which the following are illustrative:

• Receives data on prospective and active borrowing accounts, i.e., orders appraisals, financial statements, agency reports, and interview and investigation sheets.
• Inputs financial statements and/or tax returns into spreading software for preliminary analysis.
• Analyzes data and evaluates the short- and long-run prospects of the individual or company.
• Performs cash flow analysis on the borrower; provides feedback and spreadsheets to loan officer for review.
• Make recommendations to loan officers on the granting or denying of loans; prepares sufficient information to document recommendations, if assigned to a lending function.
• Suggests loan grade after conducting a thorough credit analysis and documentation review.
• Provides thorough documentation of all financial analysis work, including ratios and other related information.
• Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
• Accompanies loan officer on customer sales calls, as required.
• Performs annual reviews on existing customers; provides risk grade based on borrower's financial performance and cash flow.

2. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.

3. Coordinates specific work tasks with other personnel within the division as well as with other divisions/departments in order to ensure the smooth and efficient flow of information.

4. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.

5. Communicates with management and staff personnel in order to integrate goals and activities.

6. Responds to inquiries relating to his/her particular area, or to requests from other Bank personnel, customers, etc., within given time frames and within established policy.

7. Maintains appropriate records and provides assigned reports.

Requirements: The selected candidate must have the following qualifications.

• B.S. or B.A. degree in Business or a related field of study normally required; specialized financial analysis training preferred.
• A minimum of two (2) years of related experience is normally required.
• Proficient reading, writing, grammar, and math skills; proficient interpersonal relations and communication skills; proficient ability to analyze and interpret financial statements; working knowledge of current lending and loan review regulations and banking policies, procedures, and operations; proficient PC skills; visual and auditory skills.

Hours: Monday-Friday, 37.5 hours per week, flexible to work additional hours as needed.

Benefits: A competitive compensation and excellent benefit package, 401(k) with company match, paid holidays, and vacation time.

Journey Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, 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.

All job offers are contingent upon results of a criminal record check, drug screening and credit check.