Credit Analyst I

First United Bank; San Antonio (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

First United Bank in San Antonio is seeking a Credit Analyst I to assess financial condition and creditworthiness of individuals and small businesses applying for credit, using cash flow analysis.

You will analyze loan data, prepare memos and reports for Loan Officers, manage risk in line with credit policy, and support loan filing and documentation. This role requires a bachelor’s in finance or accounting and 1–4 years banking experience.

Qualifications

• Bachelor’s degree in Finance, Accounting or related field.
• Minimum of 1–4 years banking industry experience.
• Six months experience with credit systems.
• Knowledge of accounting sufficient to understand and analyze the relationships between the different financial statements, in order to produce a written analysis.
• Strong Excel skills and written communication abilities.

Responsibilities

• Analyze loan data for new, renewal and existing loans.
• Prepare memos, spreadsheets, reports and opinions for Loan Officers within deadlines.
• Manage bank exposure to identified risks and recommend structure per policy.
• Oversee and manage financial information files and notify Officers of potential problems.
• Establish and update loan files regularly.
• Provide technical advice to Loan Officers.
• Perform credit inquiries.

Skills

Financial analysis

Credit analysis

Excel

Written communication

Problem solving

Education

Bachelor’s degree in Finance, Accounting or related field

Job description

Join Our Team! We have a great team of friendly, talented and inspiring people at First United. As a learning organization, we take pride in offering exciting opportunities for employees to grow and follow their passions. That's one of the many reasons First United has been voted as one of the top places to work in Oklahoma since 2009! Browse this page to find out more about the First United culture and the many benefits of working here. Then, use our "Get Started" section to take your first step to being a part of First United.

Position Job Title

Credit Analyst I

Job Description

SUMMARY This position is responsible for analysis and monitoring the financial condition and credit worthiness of individuals and businesses applying for credit by using historical financial analysis and cash flow projections.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

• Analyzes all relevant loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions, and First United’s files.
• Prepares thorough and concise memo’s, spread sheets, reports, summaries and opinions for Loan Officers on new, renewal and existing loans within established deadlines.
• Effectively manages the bank’s exposure to identified risks, and recommends appropriate structure for transaction in accordance with First United’s credit policy.
• Oversees and manages financial information files to assure current reports, statements, accounts receivable and other information on customer accounts, and notifies Loan Officers of any potential problems in a timely manner.
• Establishes, reviews and updates new and existing loan files for the Bank on a regular basis.
• Provides technical advice and assistance to Loan Officers.
• Perform credit inquiries.

ADDITIONAL DUTIES AND RESONSIBILITIES

• Effectively communicates with Loan Officers and Bank Management in a clear, accurate, and concise manner.
• Generates solutions to problems and suggests alternative solutions when necessary.
• Contributes to Bank-wide projects while following specific and detailed instructions in a timely manner.
• Typically focuses on memos for relationships ranging from $500,000 to $2,000,000.
• Creates and maintains solid working relationship with Loan Officers and other team members.
• Ability to adhere to all company policies, core values and procedures.
• Genuine interest in learning and working in the banking profession.
• Dresses professionally.
• Other duties as assigned.

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education and Work Experience Bachelor’s degree in Finance, Accounting or related field. Minimum of 1- 4 years banking industry experience. Six months experience with credit systems. Knowledge of accounting sufficient to understand and analyze the relationships between the different financial statements, in order to produce a written analysis. Technical/Functional Competencies Strong financial analytical abilities, with knowledge of financial ratios. Strong Excel skills. Good interpersonal, technical, problem solving, and written communication skills needed for preparation of credit memos and analysis of financial statements. Demonstrates initiative, judgment/discernment and self motivation to work with minimal supervision. Demonstrates resourcefulness and concern for quality by understanding systems and processes and suggesting changes when necessary to increase overall efficiency. Demonstrates dependability through good attendance and adherence to time lines and schedules.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.

All Locations:San Antonio

If any applicant is unable to complete an application or respond to a job opening because of a disability, please email us at [e-mail] for assistance. First United is an Equal Opportunity Employer. To the extent required by Federal or State law, First United does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, or any other characteristic protected by law.

First United Bank is a family-friendly organization with strong ties to the communities we serve. We practice honesty, integrity, and exceptional customer service as we strive to be the best place, to bank, work and invest. We are committed to providing excellent career opportunities and a wide array of benefits for our staff. And, in recognition of First United's commitment to being a premier employer, we've been honored by OKCBiz Magazine as a "Best Places to Work" organization. As one of only 30 organizations and companies to receive this prestigious designation, we're very proud of our accomplishment! The key to First United's success is, and always will be, our exceptional people. Our employees share a desire to provide the best possible service to our customers and they work creatively, set high standards for themselves, and stick to them.

We look forward to meeting you and wish you the best in your career!