Credit Analyst, Business Banking (Lake Charles)

First Federal Bank of LA; Lake Charles (LA); On-site; USD 45,000 - 65,000; Full time

Job summary

First Federal Bank of Louisiana is seeking a Credit Analyst in the Business Banking Department. This in-person role is based at the Main Office in Lake Charles, Louisiana.

The ideal candidate will assist lenders by developing and analyzing credit information, preparing reports, and maintaining ongoing credit reviews on commercial borrowers. A bachelor's degree and 1 year of related experience are preferred; training in financial analysis is a plus.

Qualifications

• Bachelor’s degree from a four-year college or university, preferably in accounting, business or finance.
• A minimum of one year related experience and/or training in analyzing financial information and making industry evaluations.

Responsibilities

• Develops credit information for use by lending officers or committees in making credit decisions on new, renewal, and extension loans.
• Reviews all pertinent credit and financial information including bank files, credit reporting services, and financial institutions.
• Prepares spreadsheets and related financial information.
• Prepares summary reports, presents facts and offers opinions concerning credit worthiness to loan officers and/or committees.
• Assists lenders/loan officers in preparation of loan application package for loan committee presentations.
• Periodically, but no less than annually, reviews credit files to ensure information is current and reports any difficulties to the loan officers; monitors credit files to assure current financial statements and other pertinent items are available.
• Performs annual reviews on specified business customers whose outstanding loan balances exceed defined aggregate debt thresholds; prepares comparative analysis report for file documentation; determines loan classification ratings.

Skills

Credit analysis

Financial analysis

Spreadsheet skills

Education

Bachelor's degree

Job description

First Federal Bank of Louisiana is seeking a Credit Analyst in the Business Banking Department. This in-person role is based at the Main Office in Lake Charles, Louisiana.

The ideal candidate will assist lenders by developing and analyzing credit information, preparing reports, and maintaining ongoing credit reviews on commercial borrowers. A bachelor's degree and 1 year of related experience are preferred; training in financial analysis is a plus.