Credit Analyst II

AmeriServ Financial Inc.; Johnstown (Cambria County); On-site; USD 55,000 - 75,000; Full time

Job summary

AmeriServ Financial Bank is seeking a Credit Analyst to support lending by preparing detailed credit analyses and evaluating financial data for risk assessment. You will ensure documentation is complete, assist relationship managers, and help maintain a strong credit culture across the organization.

The role requires a Bachelor’s degree in accounting/finance or related field and at least 18 months of commercial banking credit analysis experience, with knowledge of credit policy.

Qualifications

• Bachelor’s degree in accounting, finance, business, or related field with accounting coursework through at least the intermediate level.
• Minimum of eighteen (18) months of commercial banking experience in the credit analysis department or equivalent.
• Working knowledge of the bank’s credit policy.

Responsibilities

• Prepare accurate, comprehensive, and timely credit analysis to support loan production.
• Evaluate financial statements and credit data to determine risk and document findings.
• Identify documentation deficiencies and coordinate with relationship managers for timely approvals.
• Provide direction and coaching to less experienced Credit Analysts.
• Monitor financial covenants and review real estate appraisals as assigned.
• Adhere to deadlines and maintain knowledge of bank products and policies.

Skills

Strong Analytical Skills

Problem Solving Skills

Deadline Driven

Ethical Conduct

Principled Time Management

Computer Skills (Microsoft Office & IE

Education

Bachelor’s Degree in accounting, finance, or related field

Tools

Microsoft Office

Internet

Job description

Administer assistance to lending officers of the bank by furnishing credit analysis and financial information evaluation services. Promote compliance with established credit policies and procedures. Functions at a largely independent level. As needed, provide assistance to Supervisor of Credit Analysis Department in training and coaching of less experienced Credit Analysts.

ESSENTIAL FUNCTIONS:

1. In support of the Lending Division, prepare accurate, comprehensive, and timely credit analysis as required by policy to support loan production efforts of the Lending Division with appropriate balance of credit risk management and compliance with credit policies. Evaluate financial statements and various credit data to determine and document the degree of risk in lending funds. Complete ratio, trend and cash flow analysis. Carefully analyze all data to produce meaningful, clear, and objective reports.

2. Ensure that credit files are complete, identify any documentation deficiencies, and work with relationship manager to anticipate, identify and collect documents as needed for timely approvals on new and existing credits. Thoroughly research borrowers, guarantors, and industry data, with focus on addressing any potential credit worthiness concerns.

3. Contribute to and participate in maintaining a consistent credit culture throughout the organization by promoting compliance with all credit policies and procedures, by providing support to the Lending Division in interpretation of policy and by providing assistance to the loan officers in evaluating appropriate loan structure relating to loan proposals and/or proposed loan modifications.

4. Assist the Credit Analysis Manager and Supervisor to provide direction, training, guidance and coaching to less experienced Credit Analysts.

5. Provide spreadsheet preparation services as requested by the Lending Division and provide credit analyses of existing lending exposures in the portfolio, with a goal of assuring annual analysis, in the minimum, of the largest 25 credit exposures of the Bank. Provide ongoing monitoring of financial covenants, including calculations, monitoring updates and communication of compliance status. Complete review of real estate appraisals and evaluations accurately and on time as assigned.

6. Adhere to project deadlines.

7. Maintain a good working knowledge of the Bank’s products, lending policies and procedures and identify exceptions to policy. Provide technical advice to relationship managers as needed.

8. Continually keep abreast of related legal, banking, industry, compliance, and market risk related issues.

9. Contribute to and participate in maintaining a consistent credit culture throughout the organization by promoting compliance with all credit policies and procedures.

10. Enhance and promote AmeriServ Financial Bank through participation in community organizations, activities, and projects.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

SUPERVISORY RESPONSIBILITY:

This position does not supervise employees.

WORK ENVIRONMENT:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

PHYSICAL DEMANDS:

The employee is frequently required to: 1) Type or otherwise work with fingers; 2) Talk expressing or exchanging ideas by means of the spoken word. Those activities in which they must convey detailed or important spoke instructions to other workers or client accurately, loudly, or quickly; 3) Hearing – perceiving the nature of sounds at normal speaking levels with/without correction. Ability to receive detailed information through oral communication and make the discriminations in sound. Operating a motor vehicle and the ability to adapt to environmental weather conditions, as seasons change.

Sedentary work may require occasionally lifting of up to 25 pounds and/or move up to 30 pounds. This work involves sitting most of the time with walking, driving and sitting.

Specific vision abilities required by this job include: 1) viewing a computer monitor; 2) extensive reading; 3) driving.

TRAVEL:

No travel is required, except for possible (training and seminars)

COMPETENCIES:

2. Strong Analytical Skills

3. Computer Skills including Microsoft Office and Internet

4. Problem Solving Skills

5. Deadline Driven

6. Ethical Conduct

7. Principled Time Management

REQUIRED EDUCATION AND EXPERIENCE:

Bachelor’s Degree in accounting, finance, business, or related field with completion of accounting coursework through at least the intermediate level. Minimum of eighteen (18) months of commercial banking experience in the credit analysis department of the bank or equivalent. Demonstrate working knowledge of the bank’s credit policy.

Qualifications

Experience

Required

1 year:

Minimum of eighteen (18) months of commercial banking experience in the credit analysis department of the bank or equivalent.

Equal Opportunity Employer
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.