Credit Analyst I-III

Washington Trust Bank; Coeur d'Alene (ID); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Annual bonus plan

Job summary

Washington Trust Bank is seeking a Credit Analyst to assist Relationship Managers in the credit analysis and evaluation of existing and potential loan customers. You will provide analytical support, prepare credit authorizations, and build financial models and cash flow analyses under supervision.

The role requires solid accounting aptitude, strong analytical skills, and proficiency with Excel. Collaboration across teams and effective communication are essential for success in this environment.

Qualifications

• 3+ years of credit analysis and underwriting experience preferred.
• Strong accounting aptitude.
• Demonstrated analytical/problem solving ability.
• Experience with spreadsheet applications (Microsoft Excel).
• Knowledge of bank loan policies and general commercial documentation requirements.
• Ability to prioritize assignments while maintaining high service levels.
• Excellent interpersonal and written/verbal communication skills.
• Organizational and analytical skills; able to work independently or with others.

Responsibilities

• Assist Relationship Managers in credit analysis and risk rating.
• Prepare written credit authorizations and review credit documentation.
• Spread business financial statements and prepare cash flow worksheets.
• Develop financial models and customized automated spreadsheets for borrowers.
• Prepare financial statement presentations for business borrowers.

Skills

Analytical thinking

Excel proficiency

Communication

Attention to detail

Education

College-level coursework in Accounting/Finance/Business

Tools

PC-based financial models

Job description

Description

Assists Relationship Managers (RM) in the credit analysis and evaluation process of existing and potential loan customers. Provides analytical support to the RMs under the supervision of more senior team members. With direction as necessary, prepares written credit authorizations, spreads business financial statements, and prepares personal cash flow worksheets and reviews financial projections and automated spreadsheets for analyzing commercial borrowers and prospects.

Essential Functions:

• Assists RM in credit analysis, assessment of risk rating, problem loan reporting and other credit administration requirements.
• Reviews and evaluates business financial reports, prepares written credit authorizations pursuant to Bank policy and ensures proper monitoring and documentation are reviewed.
• Prepares financial projections and customized automated spreadsheets for analyzing commercial borrowers and prospects.
• Develops financial models based upon customized financial formats.
• Prepares financial statement presentations for analyzing business borrowers.
• Performs compliance and risk management duties as required or assigned.
• Regular, reliable attendance is required.
• Assists with other department duties and projects, as requested by team lead.

Requirements:

• 3+ years of credit analysis and underwriting experience preferred.
• College-level course work, preferably in Accounting, Finance, Business or related field.
• Strong accounting aptitude.
• Demonstrated analytical/problem solving ability.
• Experience with computer assisted financial analysis and PC-based financial models; knowledge of spreadsheet applications (Microsoft Excel, etc).
• Strong knowledge of Bank loan policies and general commercial documentation requirements.
• Ability to prioritize assignments and handle multiple priorities while maintaining a high level of service to both internal and external clients.
• Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people
• Outstanding verbal and written communication skills, including grammar, correspondence abilities, etc.
• Organizational and analytical skills, strategic thinking and ability to work collaboratively or independently.
• Proficient PC and technical skills to navigate software, including the Microsoft Office Suite of products, word processing, spreadsheets, database, desktop information management, Internet, and related applications.
• Demonstrated self-motivation and initiative; ability to work well both independently and with others.

Compensation:

The compensation range represents the low and high end of the base compensation range for this position located in Coeur d'Alene, Idaho. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. This position is eligible to participate in an applicable annual bonus plan.

What Our Culture Can Offer You:

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

Washington Trust Bank celebrates diversity in the workplace and actively recruits talent to help reflect the unique communities where we live and work. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race, religion, sex, gender identity, sexual orientation, national origin, age, pregnancy, disability, genetic information and any other protected characteristics outline by state, federal and local laws. We believe strength comes from the diverse backgrounds and experiences of our team, and we are dedicated to fostering a supportive and inclusive work environment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.