Credit Analyst

First Farmers and Merchants Bank; Columbia (TN); On-site; USD 65,000 - 90,000; Full time

Job summary

First Farmers and Merchants Bank in Columbia, TN seeks a Credit Analyst to support its commercial lending function by performing financial, industry, economic and collateral analysis on large complex relationships. You will assist Relationship Managers and Credit Administration in evaluating credit requests and monitoring borrowing relationships.

Responsibilities include preparing CAMs, analyzing repayment capacity, collateral, and risks; conducting stress testing and financial modeling; and

Qualifications

• Three to five years of related experience.
• Bachelor's degree or industry certifications equivalent.
• Strong communication and collaboration with lenders, Credit Administration personnel, and other Bank associates.

Responsibilities

• Perform detailed financial analysis and spread financial statements, tax returns, rent rolls, and other financial information.
• Prepare Credit Approval Memorandums (CAMs) for new and existing commercial relationships; analyze repayment sources, collateral support, guarantor strength, industry considerations, and overall credit risk.
• Analyze projections, run stress testing, and model borrower performance under varying economic and operational scenarios.
• Assist with portfolio monitoring activities, including covenant compliance review, risk rating assessments, and annual relationship reviews.
• Support relationship managers and credit officers in underwriting and loan presentations.

Skills

Attention to detail

Oral and written communication

Financial analysis

Education

Bachelor's degree or industry certifications equivalent

Job description

Job Location: First Farmers and Merchants Bank, 816 S. Garden St. Columbia, TN 38401

Education Level: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).

Job Type: Full Time

VEVRAA Federal Contractor

Request Priority Referral of Protected Veterans

EOE Protected Veterans/Disabled

Robert C. Matthews, email: [e-mail]

Role:

To support the Bank's commercial lending function by performing financial, industry, economic and collateral analysis on some of the larger and more complex commercial credit relationships. This position assists Commercial Relationship Managers and Credit Admin. in evaluating credit requests, completing annual relationship reviews, and monitoring existing borrowing relationships. The Credit Analyst prepares credit approval memorandums, analyzes repayment capacity, identifies key risks, mitigating factors, and provides independent credit analysis in accordance with Bank policy and underwriting standards.

Essential Functions & Responsibilities:

E35%

Perform detailed financial analysis and spreading of business and personal financial statements, tax returns, rent rolls, and other financial information. Calculate financial ratios, global cash flow, debt service coverage, leverage metrics, liquidity measures, and other credit-related performance indicators.

E30%

Prepare Credit Approval Memorandums (CAMs) for new and existing commercial relationships. Analyze loan purpose, sources of repayment, collateral support, guarantor strength, industry considerations, and overall credit risk. Analyzing and underwriting the Bank’s larger and more complex commercial credit relationships.

E15%

Analyze projections and prepare stress testing, sensitivity analyses, and other financial modeling as needed to evaluate borrower performance under varying economic and operational scenarios.

E 10%

Conduct industry, economic, and market research to identify trends, risks, opportunities, and other factors that may affect borrower performance and repayment capacity.

E 5%

Assist with portfolio monitoring activities, including covenant compliance review, risk rating assessments, and preparation of annual relationship reviews.

N 5%

Performs other duties as assigned.

Performance Measurements:

• Produce accurate, well-supported, and timely credit analyses and loan presentations.
• Maintain a strong understanding of Bank loan policy, underwriting standards, and regulatory requirements.
• Effectively identify and communicate key risks, and mitigating factors.
• Complete assigned credit requests, reviews, and renewals within a timely manner.
• Maintain confidentiality of customer and Bank information.
• Develop effective working relationships with Relationship Managers, Credit Officers, and other Bank associates.
• Demonstrate strong attention to detail and commitment to sound credit practices set forth in the Bank’s loan policy.
• Complete required training and continue professional development in commercial credit and banking as needed to increase job knowledge.
• Comply with the Bank's Code of Business Conduct and Ethics, Bank Secrecy Act, and all applicable laws and regulations.

Knowledge and Skills:

Experience:

Three years to five years of similar or related experience.

Education:

(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).

Interpersonal Skills:

The position requires effective communication and collaboration with lenders, Credit Administration personnel, and other Bank associates. The ability to obtain information, identify information gaps, and clearly communicate analytical findings is critical. Strong organizational skills, attention to detail, and the ability to work independently while contributing to a team environment are essential.

Other Skills:

1. High level of mathematical, language, writing, and independent reasoning skills.

2. Proficiency in word processing, internet researching, multitasking, and spreadsheet software.

3. Must be capable of operating all types of office equipment including computer, copy machine, fax, and telephone.

Physical Requirements:

The person in this position needs to frequently move about inside the office to interact with associates and access office machinery and file cabinets. The person in the position constantly operates a computer and other office productivity machinery, such as a calculator, photocopier, and printer.

This job operates in a professional office environment. This role routinely uses standard office equipment such as calculators, computers, phones, photocopier, filing cabinets and fax machines.