Credit Analyst II

Chemung Canal Trust Company; City of Albany (NY); On-site; USD 35,817 - 58,961; Full time

Benefits offered by this job

Profit Sharing/401K Plan

Tuition Reimbursement

Paid time off

Employee Assistance Program

Job summary

A financial institution located in Albany, NY is seeking a Credit Analyst II to evaluate the financial condition of loan applicants. The ideal candidate will have a Bachelor's degree in finance or a related field and 3-5 years of experience. Responsibilities include analyzing data on loans, preparing financial reports, and ensuring compliance with lending policies. Benefits include a 401K plan, tuition reimbursement, and paid time off. This position is crucial for supporting commercial lenders and maintaining accurate loan files.

Qualifications

• Bachelor's degree in finance, accounting, or business-related field.
• 3-5 years of experience in related positions required.
• Strong financial analytical abilities and writing skills.

Responsibilities

• Analyzes data on loans and prepares reports for financial institution officers.
• Prepares and reviews financial reports and ensures compliance with lending policy.
• Supports commercial lenders in loan request discussions.

Skills

Financial analytical abilities

Writing skills

Proficiency in Microsoft Word, Excel, and PowerPoint

Ability to work in a fast-paced environment

Knowledge of Sageworks system

Ability to travel

Education

Bachelor’s degree in finance, accounting, or business-related field

Tools

Sageworks

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Credit Analyst II

Regular Full-Time Professional Albany, NY, US

4 days ago Requisition ID: 2390

Salary Range: $26.00 To $42.80 Hourly

Evaluates the financial condition of individuals and businesses applying for credit with the financial institution.

• Analyzes data on new, renewal and existing mid-sized C&I and CRE loans, including data provided by financial statements, credit bureaus, other financial institutions, interviews, and financial institution files.
• Prepares spreadsheets, reports, summaries, and written analysis for financial institution officers on new, renewal and existing commercial, industrial, and real estate loans regarding short and long‑run prospects including risk identification and recommendations for approval/enhancement of loan proposal; may make recommendations of loan grade for loan review.
• Prepares and reviews financial information files to generate current credit reports, statements, accounts receivable and other information on customer accounts; provides thorough documentation of all financial analysis work, including ratios and other related information; ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
• Supports commercial lenders in loan request discussions and attending client calls/participant bank meeting.
• Assists in the training of Credit Analysts I in both Commercial and Business Banking underwriting/analysis.
• Reviews all Business Banking credit analysis performed by Credit Analyst I for accuracy and completeness before final review by Deputy Credit Officer.
• Provides secondary support for the SBA initiative by facilitating the process through E‑Tran.
• Prepares reports to management and loan committees; reviews monthly and quarterly reports, as needed.
• Establishes, reviews and updates new and existing loan files for the financial institution on a regular basis.
• Conforms to General Performance Expectations as identified for all employees.

Qualifications/Requirements:

• Bachelor’s degree in finance, accounting, or business‑related field.
• Strong financial analytical abilities and writing skills; specialized financial analysis and collateral documentation training.
• Three (3) to five (5) years’ experience in related positions normally required.
• Demonstrated proficiency in Microsoft Word, Excel and PowerPoint; knowledge of Sageworks system preferred.
• Ability to work in a fast‑paced environment while maintaining a high degree of accuracy.
• Ability to travel to client locations; valid driver’s license required.

Benefits we support you with:

• Profit Sharing/401K Plan
• Tuition Reimbursement
• Paid time off
• Employee Assistance Program

Chemung Canal Trust Company/Capital Bank/Canal Bank fosters a diverse and inclusive culture where employees are able to succeed to their full potential. EEO/AA Including Veterans and Disabled.