Credit Analyst II

Legend Bank Na; Decatur (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Legend Bank NA is seeking a Credit Analyst who will evaluate commercial and personal financial data to assess loan creditworthiness and support sound lending decisions. You will gather, analyze, and interpret financial information, and prepare credit presentations and recommendations for loan committees.

The role requires collaboration with lenders, management, and regulatory compliance teams to ensure prudent lending practices and adherence to bank policies.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, Agricultural Economics required.
• Minimum 2+ years of commercial credit analysis or related financial analysis experience.
• Experience analyzing commercial and personal financial statements and tax returns.
• Experience preparing credit memorandums and loan recommendations.
• Experience evaluating collateral, cash flow, and loan structure.

Responsibilities

• Evaluate loan requests by assessing repayment capacity, liquidity, leverage, profitability, collateral adequacy, and credit risk.
• Prepare credit presentations, loan memorandums, and loan committee materials with key risks and mitigations.
• Present analyses and recommendations to loan committees and management.
• Ensure compliance with bank policies, underwriting standards, and regulatory requirements.
• Conduct portfolio monitoring, including annual reviews and covenant tracking.
• Assist in development and maintenance of credit administration procedures.

Skills

Analytical skills

Financial statement analysis

Credit risk assessment

Credit analysis

Excel

Communication skills

Problem solving

Independent and collaborative work

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration, Agricultural Economics

Tools

Credit analysis software

Microsoft Office

Job description

The Credit Analyst is responsible for evaluating commercial and personal financial information to

assess the creditworthiness of loan applicants and existing borrowers. This position gathers,

analyzes, and interprets financial data to support sound lending decisions, prepares credit

presentations and loan committee packages, and provides recommendations regarding credit risk. The Credit Analyst works closely with lenders, loan committee, and management to ensure compliance with bank policies, regulatory requirements, and prudent lending practices.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Gather, spread, analyze, and interpret customer financial information, including financial statements, tax returns, business plans, credit reports, collateral information, cash flow reports, and industry data.
• Evaluate commercial and consumer loan requests by assessing repayment capacity, liquidity, leverage, profitability, collateral adequacy, and overall credit risk.
• Prepare comprehensive credit presentations, loan memorandums, and loan committee packages that clearly identify key strengths, weaknesses, risks, and mitigating factors.
• Present analyses and recommendations to loan committees, management, and other decision-making groups as needed.
• Determine compliance with the Bank's loan policies, underwriting standards, and regulatory requirements.
• Advise lenders, management, and loan committee members regarding customer financial information, credit risk, and loan structure.
• Analyze larger and more complex credit relationships and transactions.
• Conduct portfolio monitoring and management activities, including annual reviews, covenant tracking, risk rating reviews, and exception monitoring.
• Prepare monthly board reports, management reports, portfolio reports, and other special projects as assigned.
• Perform collateral inspections, site visits, and real estate evaluations as required.
• Accompany lenders on customer calls, business visits, and property inspections to gain a thorough understanding of borrowing relationships.
• Conduct customer calls and credit-related discussions independently when appropriate.
• Identify emerging credit concerns and recommend appropriate corrective action.
• Maintain a thorough understanding of economic conditions, industry trends, and factors affecting portfolio risk.
• Assist in the development and maintenance of credit administration procedures and best practices.
• Perform additional duties and projects assigned.

REQUIRED QUALIFICATIONS:

Education

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, Agricultural Economics, or a related field required.

Experience

• Minimum of 2+ years of commercial credit analysis, lending, banking, or similar financial analysis experience required.
• Demonstrated experience analyzing commercial financial statements, personal financial statements, and tax returns.
• Experience preparing and presenting credit memorandums and loan recommendations.
• Experience evaluating collateral, cash flow, and loan structure.
• Community banking experience preferred.

Knowledge, Skills, and Abilities

• Strong analytical, financial, and problem-solving skills.
• Thorough understanding of commercial lending principles, credit risk assessment, and financial statement analysis.
• Ability to evaluate complex borrowing relationships and make sound credit recommendations.
• Strong written and verbal communication skills, including the ability to present information to management and loan committees.
• Ability to exercise sound judgment while balancing risk management and customer service objectives.
• Strong organizational skills and attention to detail.
• Ability to prioritize multiple projects and meet deadlines in a fast-paced environment.
• Proficiency in Microsoft Office, particularly Excel, and applicable credit analysis software.
• Ability to work independently and collaboratively with lenders, credit administration, and executive management.

Legend Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.