Credit Analyst II — Underwriter & Portfolio Strategy

Fsbwa; Portland (OR); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Life insurance

Long-term disability insurance

401K matching

Paid sick and vacation

Job summary

1st Security Bank is seeking a Credit Analyst to conduct credit analysis, gather and interpret financial information, and assist with underwriting of new loan applications and portfolio management. The role focuses on structuring loans with moderate to high complexity while balancing growth and risk management.

The position requires strong organization, ability to monitor loan portfolios, and collaboration with Relationship Managers and Team Leader.

Qualifications

• Bachelor's Degree in Business, Finance, or Accounting, or equivalent combination of education and experience.
• Five to seven years of experience in credit underwriting, loan structuring, credit policy analysis and portfolio management.
• Five to seven years of sales and customer service experience in the financial services industry.

Responsibilities

• Prepare and present credit requests for lending decisions and loan committee.
• Maintain control over credit standings of accounts and furnish information on credit inquiries.
• Knowledge of commercial, construction and real estate credit analysis.
• Demonstrate solid financial statement spreading and projection evaluation.
• Manage loan and portfolio credit quality through covenant, risk rating and trend analysis.
• Gather and analyze credit information for borrowers and guarantors.

Skills

Credit underwriting

Loan structuring

Portfolio management

Financial analysis

Team collaboration

Education

Bachelor's Degree in Business, Finance, or Accounting

Tools

Microsoft Office

Database software

Job description

• Pay or shift range: $80,000 USD to $100,000 USD
  
  The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Description

A GREAT PLACE TO WORK AND BANK

Join our team! 1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

If you are the type of individual that would enjoy working at one of thePuget Sound's Best Places to Work for 10 years in a rowand focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5-star Bank in Washington State by Bauer Financial, an independent bank rating firm.

POSITION SUMMARY:

Responsible for effectively conducting credit analysis including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers and portfolios. You will work closely with and assist your respective Team Leader and Relationship Managers with analysis and underwriting of new loan applications and portfolio management. You will apply your strong credit skills to structure loans with moderate to high complexity, while balancing loan growth with strategic risk management to ensure default risk is appropriately mitigated. You will also utilize your excellent organization skills with continual monitoring of the loan portfolio to ensure credit files are complete and well-maintained and notifying the Relationship Manager, Team Leader and the CCO of any potential adverse information and financial trends.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Prepare and present credit requests to Team Leader, Relationship Managers, Credit Administration and loan committee for use in support of lending decisions on new loans, renewals of existing credit, and increased exposure to existing Clients.
• Maintain control over credit standings of accounts and furnish information relative to credit inquiries, as appropriate.
• Knowledge of commercial, construction and real estate credit analysis.
• Able to demonstrate moderate to superior skills in financial statement spreading and the evaluation of projections.
• Manage loan and portfolio credit quality through annual and quarterly covenant, risk rating and trend analysis.
• Gather and analyze credit information on current and potential borrowers including preparation of financial statement spreads for borrowers and guarantors.
• Assess liquidity, leverage, cash flow and contingent liabilities of businesses and individuals.
• Make joint calls on customers and prospects.
• Recommend loan structures and prepare loan approval memorandums for new and existing clients, with minimal oversight by Team Leader, Relationship Managers and Credit Administration.
• Work in concert with Credit Administration, Relationship Managers and Team Leader to organize and manage a tickler system on all loan relationships.
• Contact borrowers to obtain updated financial information to ensure quality of documentation within files.
• Ability to instruct / teach others how to perform tasks.
• Ability to prioritize and meet deadlines.
• Ability to work well in a team environment that promotes inclusiveness and communication among team members.
• Manage special projects as assigned including, but not limited to, preparation of management reports, implementation of new software within the Commercial Lending group and procedures.
• Make recommendations/decisions regarding the extension of credit.
• Structure, analyze, and write SBA 7(a) and SBA 504 credit requests.
• Monitor customer’s accounts and portfolios in order to maximize credit quality and minimize risk of potential loss.
• Positive attitude and desire to learn.
• Perform other duties as assigned.

BENEFITS AND PERKS

• Full medical, dental, and vision coverage for individual or family plan.

Life insurance.

Long-term disability insurance.

401K matching program.

Paid sick and vacation time.

OUR CORE VALUES

• Relationship Driven-we strive to "WOW" (surprise, excite and delight) each other and our customers.

Ethical-fair, honest and act with integrity.

Lead by Example-maintain a positive attitude, show respect for others, and have some fun!

Accountable- we take our responsibilities seriously and we meet our commitments with urgency.

Team Player- dependable, enthusiastic contributor to team success and to the greater good of the bank.

Embrace Dreams- we encourage each other to reach for our dreams.

Diversity- we celebrate diversity and support equality for all.

Community Oriented- we actively support our communities and the Bank's CRA initiatives.

Open and Honest Communication- always professional, responsive, and timely.

EDUCATION and/or EXPERIENCE

• Bachelor's Degree in Business, Finance, or Accounting and/or equivalent combination of education and experience.
• Five to seven years of experience in credit underwriting, loan structuring, credit policy analysis and portfolio management.
• Five to seven years of sales and customer service experience in the financial services industry.
• Exposure to SBA products and procedures is a plus.
• Thorough knowledge of applicable bank and branch policies, procedures, and support systems.
• Well-developed analytical skills and attention to detail and accuracy.
• Ability to work with minimal supervision while performing duties.
• Ability to deal with normal challenges involving multiple facets and variables.
• Demonstrated ability to make one-on-one and group presentations.
• Ensure excellent internal and external client relations at all times.
• Excellent interpersonal, verbal, and written communication skills.
• Knowledge of the Bank Secrecy Act, Anti-Money Laundering and applicable policies, procedures and regulations that pertain to this position required.
• Proficient in Microsoft Office products and other database software.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The employee will primarily operate in a general office environment, using office equipment such as a phone and a computer.
• The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment. The employee must be able and willing to interact frequently with the general public.

Salary Range: $80,000 to $100,000 per year.

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.