Credit Analyst

First Horizon Bank; Knoxville (TN); On-site; USD 65,000 - 90,000; Full time

Job summary

First Horizon Corp. in Knoxville, TN, seeks a Credit Analyst to support underwriting of commercial credit facilities and assist Relationship Managers in managing client relationships.

You will analyze financial statements, spread figures, and prepare credit analyses in the bank’s systems, applying policy guidelines and ensuring accuracy under tight deadlines. The role requires independence, teamwork, and strong Excel skills.

Qualifications

• Bachelor's degree in Accounting, Finance or Business or equivalent work experience.
• Familiarity with the processes used to analyze financial data.
• Highly organized and detail oriented.
• Ability to manage multiple priorities and adhere to deadlines while delivering a high-quality work product.
• Entry-level understanding of general bank operations and the commercial lending process.
• Ability to understand and communicate information clearly in writing and speech with teammates and leaders.
• Strong computer skills with Excel; familiarity with Access, Word, PowerPoint, Outlook.
• Experience with the nCino application is a plus.

Responsibilities

• Interpret financial statements and provide financial analysis support utilized in underwriting complex C&I and commercial real estate loans.
• Work proactively to ensure production is prioritized and completed in a timely manner, including financial spreading, loan requests, covenant monitoring, and industry research.
• Participate in relationship team meetings to explain information in the analysis when warranted.
• Analyze and prepare credit approval documentation, reflecting loan terms, collateral, covenants and inputs in the commercial loan system.
• Partner with Portfolio Managers to monitor and manage assigned commercial loan portfolios, tracking covenants and company performance.
• Identify and report material changes or trends in financial statements observed in credit reviews.
• Participate in internal and external meetings with clients, PMs, RMs, Credit Officers and senior management.
• Engage in portfolio management projects and other duties as assigned.
• Demonstrate ownership of portfolio metrics, flexibility with deadlines, and independent work within policy guidelines.

Skills

Financial analysis

Attention to detail

Team collaboration

Manage multiple priorities

Independent / proactive work

Education

Bachelor's degree in Accounting, Finance or Business

Equivalent work experience

Tools

Excel

Access

Word

PowerPoint

Outlook

nCino

Job description

The Credit Analyst ("CA") position provides analytical support in underwriting/analyzing commercial credit facilities and assisting Portfolio Managers and Relationship Managers in managing customer relationships. This position is within the Knoxville Medical and Private Client Banking Team. The CA will be expected to provide credit analysis support for assigned commercial lending relationships. Work will be completed within a high production-based environment and includes: financial statement spreading into Bank software or templates, creating and updating loan requests in the Bank’s loan production software, financial statement analysis, underwriting support, covenant monitoring, and industry research for commercial lending prospects/clients. A Credit Analyst must be willing and capable of working proactively and independently while ensuring the credit quality of the portfolio. The ideal candidate has previous exposure to accounting or financial analysis, is detail-oriented, works well in a team-focused setting, and is comfortable balancing competing priorities in a deadline driven environment.

Essential Duties and Responsibilities:

• Interpret financial statements and provide financial analysis support utilized in underwriting complex C&I and commercial real estate loans.

• Work proactively to ensure production is prioritized appropriately and completed in a timely manner. Specific tasks include: financial statement spreading; completing financial analysis documents; updating and creating new requests, modifications, renewals and annual reviews in the Bank’s commercial loan system; tracking and completing covenant monitoring, completing industry research and developing a strong understanding of the Bank’s commercial loan policy.

• Participate in relationship team meetings with management and credit partners to explain information in the analysis when warranted.

• Analyze and prepare credit approval documentation in FHB's commercial loan system. The Credit Analyst is responsible for accurately reflecting all loan terms, collateral, covenants, loan grade inputs, policy exceptions, and calculating credit exposure for a given relationship in the commercial loan system.

• Partner with Portfolio Managers to monitor and manage assigned commercial loan portfolios. This responsibility includes tracking covenants, recording financial statements, and monitoring company performance against expectations. Credit Analyst is responsible not only for accurate calculations and inputs but also for thoughtful implementation of policies, procedures, and guidelines.

• Identify and report material changes or trends in the financial statements of borrowers or guarantors observed in the preparation of credit approval presentations

• Participate in internal credit conversations with PM's, RM's Credit Officers and senior management and in external meetings with clients and prospects.

• Participate in portfolio management projects and performs other duties assigned.

• The successful candidate will demonstrate consistently high level of ownership of portfolio management metrics and team initiatives, flexibility in responding to RM/PM/senior management and client deadlines, high level of detail and follow-through, and independence within the framework of the role in assisting in achieving business goals.

Education and/or Work Experience Requirements:

• Bachelor's degree (B.A.), preferably in Accounting, Finance or Business or equivalent in specific work experience

• Familiarity with the processes used to analyze financial data

• Highly organized and detail oriented

• Ability to manage multiple priorities and adhere to deadlines while delivering a high-quality work product.

• Entry-level understanding of general bank operations and the commercial lending process

• Ability to understand and communicate information and ideas in a clear and understandable manner, both orally and in writing with business unit teammates and leaders

• Ability to read, analyze and interpret financial reports and legal documents; performs simple to complex calculations; effectively researches, analyzes and evaluates information to make decisions, solve problems and achieve goals

• Strong computer skills required with the following programs: Access, Word, PowerPoint, Outlook and highly proficient skills with Excel

• Experience with the nCino application is a plus