Credit Analyst I

Orrstown Bank; York (York County); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

Long-term disability

Short-term disability

Life and AD&D insurance

Job summary

Orrstown Bank in Pennsylvania seeks a Credit Analyst to support loan officers with financial analyses for commercial loans. You will develop credit information, prepare reports, and help evaluate borrower creditworthiness.

The role requires a Bachelor’s degree or equivalent in business/finance/accounting, strong analytical and Excel/database skills, and knowledge of lending regulations. On-site at Harrisburg or York, PA within the Credit Department for growth opportunities.

Qualifications

• Bachelor’s degree in Business, Finance, or Accounting; equivalent work experience will be considered in lieu of a degree.
• Experience in spreading and analyzing financial statements for commercial loans (business & personal).
• Working knowledge of Credit Department practices and procedures.
• Proficient reading, verbal and written communication, mathematical, computer, and interpersonal relations skills; knowledge of lending regulations.

Responsibilities

• Develop credit information from various sources for loan officers and approval authorities; prepare financial spreadsheets and compile supporting financial information; analyze financial information to determine borrower creditworthiness.
• May make recommendations on granting or denying loans and document recommendations with financial analysis work.
• Prepare commercial loan presentations for approval authorities and ensure up-to-date financial statements and aging reports are on file.
• Ensure credit analysis activities are conducted in accordance with lending policy.

Skills

Financial statement analysis

Spreadsheet software

Database software

Communication skills

Interpersonal skills

Credit regulations

Education

Bachelor's degree in Business/Finance/Accounting

Tools

Spreadsheet software

Database software

Job description

Harrisburg or York, PA, or mutually agreed upon location

Position Summary:

Assist loan officers in connection with financial analyses of all types of credit information; develop and analyze all types of credit information pertaining to commercial loans; prepare credit reports; furnish information relative to credit inquiries; provide other assistance to loan officers as requested.

Qualifications:

Bachelor’s degree in Business, Finance, or Accounting; equivalent work experience will be considered in lieu of a degree.

Recent college graduate or minimum one (1) year of experience in spreading and analyzing financial statements (business & personal); working knowledge of Credit Department practices and procedures.

Proficient reading, verbal and written communication, mathematical, computer, and interpersonal relations skills; solid working knowledge of current lending, loan review and banking regulations; proficiency in analyzing and interpreting financial statements; strong working knowledge of spreadsheet and database software.

Develop credit information, from various sources, for use by loan officers and approval authorities in evaluating creditworthiness of new and existing borrowers; prepare financial spreadsheets and compile supporting financial information; analyze financial information and related credit information to determine creditworthiness of borrower; may make recommendations to appropriate personnel on the granting or denying of loans; prepare sufficient information to document recommendations; provide thorough documentation of financial analysis work, including ratios and other related information; ensure credit analysis activities are conducted in accordance with prescribed lending policy.

Prepare commercial loan presentations for appropriate approval authority; ensure that up-to-date financial statements, accounts receivables agings, and other required items are current and on file.

At Orrstown Bank, our employees are our most valuable asset. Our benefits package is designed to help our team achieve work/life balance, maintain a healthy lifestyle, and plan for the future.

• Medical insurance
• Vision insurance
• Long-term disability
• Short-term disability
• Employee, spouse and dependent life and AD&D insurance