Credit Analyst

Savings Bank; Circleville (OH); On-site; USD 52,000 - 76,000; Full time

Job summary

Savings Bank in Circleville, OH is seeking a Credit Analyst responsible for evaluating commercial, consumer and mortgage credit requests. You will underwrite, review financial data, and make recommendations in line with bank policy to support loan officers and leadership.

You will monitor portfolio quality, coordinate real estate appraisals, ensure proper documentation, and maintain confidentiality while interacting with lenders.

Qualifications

• Bachelor's Degree in Accounting or Finance preferred, or relevant work experience.
• Minimum 2-3 years of commercial credit underwriting experience is required.
• Solid understanding of typical commercial loan structures and underwriting.
• Ability to analyze and underwrite using personal and business tax returns.
• Background in commercial real estate underwriting.
• Understanding of Bank Regulations and confidentiality.
• Strong verbal and written communication skills.
• Proficient with Word and Excel; experience with financial spreading software.

Responsibilities

• Underwrite and recommend disposition of credit requests of the Bank in writing per policy.
• Adhere to Bank loan policy and assist in application, review and modification.
• Review financial and collateral data on borrowers for annual portfolio reviews.
• Complete systematic loan file document review for new loans.
• Coordinate ordering of real estate appraisals and related requirements (Flood, Environmental, etc.).
• Review appraisal reports for adequacy and support.
• Maintain commercial loan financial monitoring system and keep files up-to-date.
• Coordinate with external third-party reviewers and lenders; maintain confidentiality.

Skills

Underwriting

Cash flow analysis

Credit analysis

Regulatory knowledge

Communication skills

Confidentiality

Organization/time management

Computer literacy

Financial spreading software

Education

Bachelor's Degree in Accounting or Finance

Tools

Financial spreading software

Excel

Job description

Description

The credit analyst role is critical to the evaluation of commercial, consumer and mortgage credits. The analysis provided is relied upon by loan officers, senior leadership and the board of directors in review of loans for approval and the ongoing overall quality review of the loan portfolio.

Duties and Responsibilities

· Underwrite and recommend disposition of credit requests of the Bank in specific written form and in compliance with Bank policies after reviewing all available sources of financial, credit and collateral information.

· Adhere to Bank loan policy and assist in the application, review, and modification thereof.

· Review financial and collateral data on existing borrowing relationships, analyzing risk factors for annual portfolio reviews.

· Complete systematic loan file document review of new loans

· Control and execute the ordering of real estate appraisals to ensure that appraisal reports are requested per the scope required, and that peripheral requirements are also completed. (Flood Determinations, Environmental Issues, etc.)

· Review real estate appraisal reports to ensure appraisal scope was adequate and that the methods utilized are adequately supported by the report details.

· Maintain the commercial loan financial monitoring system on an ongoing basis so that financial information and other loan requirements are obtained and/or completed to ensure the commercial loan files are up-to-date.

· Coordinate and serve as liaison with external contracted third party reviewer.

· Maintain customer confidence and protect Bank operations by keeping information confidential.

· Interact with Lenders in an effective manner.

Requirements

Knowledge, Skills and Abilities

· Solid understanding of typical commercial loan structures and underwriting, including global cash flow analysis

· Ability to analyze and underwrite using personal and business tax returns

· Background in commercial real estate and commercial and industrial underwriting

· Willingness to assist other credit analysts and loan officers

· Understanding of Bank Regulations

· Organization and time management

· Professionalism and confidentiality

· Strong verbal and written communications skills

· Computer literacy (Word and Excel)

· Previous experience using a financial spreading software

Education and Experience

· Bachelor's Degree in Accounting or Finance preferred, or relevant work experience.

· Minimum 2-3 years of commercial credit underwriting experience is required.