Credit Analyst

ADP, Inc.; Charleston (SC); On-site; USD 65,000 - 90,000; Full time

Job summary

ADP, Inc. in Charleston, SC, seeks a Credit Analyst to provide credit analysis and underwriting support for lending activities across commercial, real estate, and consumer portfolios.

The role involves analyzing financial statements, evaluating creditworthiness, preparing credit memos, and assisting with portfolio monitoring in line with lending policies and risk-management standards.

Qualifications

• Previous experience in commercial banking, credit analysis, loan underwriting, financial analysis, or a related field is preferred.
• Strong understanding of financial statements and accounting principles.
• Ability to analyze complex financial information and identify credit risks.
• Strong written and verbal communication skills with independent thinking.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple assignments and meet deadlines.

Responsibilities

• Analyze financial statements, tax returns, credit reports to evaluate borrower creditworthiness.
• Perform detailed analysis of historical and projected financial performance (revenue, profitability, liquidity).
• Calculate and interpret financial ratios, DSCR, LTV, and cash flow.
• Assess repayment sources and identify primary/secondary sources of repayment.
• Review collateral information, lien position, guarantor support, and risk factors.
• Assist with new loan requests, renewals, modifications, and annual reviews.
• Support portfolio monitoring and credit risk identification.
• Assist with examinations, audits, and regulatory requests as needed.
• Maintain knowledge of lending policies and credit standards.

Skills

Credit analysis

Financial analysis

Loan underwriting

Communication

Detail-oriented

Team collaboration

Tools

Excel

Word

Microsoft Office

Job description

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Credit Analyst

Full Time Charleston, SC, US

2 days ago Requisition ID: 1020

The Credit Analyst is responsible for providing comprehensive credit analysis and underwriting support for the Bank’s commercial, real estate, and consumer lending activities. This position analyzes financial information, evaluates creditworthiness and repayment capacity, prepares credit memorandums and cash flow calculations, and assists Business Development Officers in making sound, well-supported lending decisions.

The Credit Analyst works closely with Business Development Officers, Loan Operations, and other departments to ensure credit requests are accurately analyzed, appropriately documented, and consistent with the Bank’s lending policies and risk-management standards.

DUTIES AND RESPONSIBILITIES:

• * Analyze financial statements, tax returns, personal financial statements, credit reports, debt schedules, and other financial information to evaluate a borrower’s financial condition and creditworthiness.
• * Perform detailed analysis of historical and projected financial performance, including revenue, profitability, liquidity, leverage, cash flow, and debt service coverage.
• * Calculate and interpret financial ratios, debt service coverage ratios, loan-to-value ratios, global cash flow, guarantor support, and other applicable credit metrics.
• * Analyze repayment sources and identify primary and secondary sources of repayment.
• * Review and evaluate collateral information, lien position, guarantor support, and other credit risk considerations.
• * Assist with new loan requests, renewals, modifications, annual reviews, and other credit requests.
• * Assist with portfolio monitoring, credit risk identification, and other ongoing credit administration activities.
• * Assist with examinations, audits, internal reviews, and other regulatory or risk-management requests, as needed.
• * Maintain knowledge of applicable lending regulations, Bank policies, procedures, and credit standards.
• * Perform other duties and special projects as assigned.

JOB SKILLS AND QUALIFICATIONS REQUIRED:

• * Previous experience in commercial banking, credit analysis, loan underwriting, financial analysis, or a related field is preferred
• * Strong understanding of financial statements and accounting principles
• * Ability to analyze complex financial information and identify credit risks
• * Strong written and verbal communication skills with a high degree of independent thinking
• * Excellent attention to detail and organizational skills
• * Manage multiple assignments, meet established deadlines, and maintain a good attendance record and willingness to work as a team within a departmental setting
• * Proficiency with Microsoft Office, particularly Excel and Word