Credit Analyst I

American Savings Bank; Honolulu (HI); On-site; USD 55,000 - 75,000; Full time

Job summary

American Savings Bank in Honolulu, Hawaii, is seeking a Commercial Credit Analyst to perform due diligence, prepare financial statement spreads, analyze tax returns, and assess covenant compliance. Underwrites and evaluates credit risk for small business loan requests through the credit-scored process.

Responsibilities include preparing credit write-ups, maintaining financial reporting, evaluating customer financials, and coordinating with loan operations.

Qualifications

• Basic understanding of tax returns, financial statements, accounting, and financial analysis.
• Effective written and verbal communication skills to logically present credit risks and conclusions in verbal and written form.
• Excellent computer skills using Microsoft Office software products.
• Familiarity with financial statement spreading software and automated loan origination systems is a plus.

Responsibilities

• Prepares financial statement spreads and tax return analysis (business and individual).
• Creates and updates covenant compliance checks.
• Underwrites and writes low to moderate complexity credit write-ups for Bank customers under policy.
• Sets up and administers the financial reporting and financial covenants using the Bank's tickler tracking system.
• Completes periodic financial reviews of the Bank's customers as well as financial evaluation reviews of various departments.
• Enters and evaluates pertinent data into the loan origination systems in order to render a credit decision.
• Collaborates with relationship officers to adequately mitigate identified risks.
• Coordinates credit-scored booking process with loan operations.
• Processes and evaluates the monthly renewals of credit-scored lines of credit.

Skills

Tax returns analysis

Financial statements

Accounting

Financial analysis

MS Office

Financial statement spreading software

Automated loan origination systems

Tools

Financial statement spreading software

Automated loan origination systems

Job description

Primary Purpose Of Job

Performs due diligence in the monitoring and maintenance of Commercial and Business Banking customers. Prepares financial statements spreads, tax returns analysis, and covenant compliance checks for customers. Underwrites and evaluates the credit risk associated with small business loan requests through the credit-scored process.

Primary Purpose Of Job

Performs due diligence in the monitoring and maintenance of Commercial and Business Banking customers. Prepares financial statements spreads, tax returns analysis, and covenant compliance checks for customers. Underwrites and evaluates the credit risk associated with small business loan requests through the credit-scored process.

Major Job Accountabilities

• Prepares financial statement spreads and tax return analysis (business and individual).
• Creates and updates covenant compliance checks.
• Under guidance and supervision, completes low to moderate complexity credit write-ups for Bank customers in accordance with ASB credit policy & guidelines.
• Sets up and administers the financial reporting and financial covenants using the Bank's tickler tracking system.
• Completes periodic financial reviews of the Bank's customers as well as financial evaluation reviews of various departments.
• Enters and evaluates pertinent data into the loan origination systems in order to render a credit decision.
• Collaborates with relationship officers to adequately mitigate identified risks.
• Coordinates credit-scored booking process with loan operations.
• Processes and evaluates the monthly renewals of credit-scored lines of credit.

Experience Required

• 0 - 1 year of Commercial Credit analysis or related experience

Required Skills Or Training

• Basic understanding of tax returns, financial statements, accounting, and financial analysis.
• Effective written and verbal communication skills to logically present credit risks and conclusions in verbal and written form.
• Excellent computer skills using Microsoft Office software products.
• Familiarity with financial statement spreading software and automated loan origination systems is a plus.

EOE, including disability/veterans

At American Savings Bank, we welcome and support all individuals and celebrate the diversity of our team members, customers and community. We are committed to ensuring that our online application process is accessible and provides an equal employment opportunity to all job seekers.

Mahalo for your interest in American Savings Bank!