Credit Analyst: Risk Insights & Loan Structuring

KeyCorp; Brooklyn (OH); Hybrid; USD 52,000 - 80,000; Full time

Job summary

KeyBank in Brooklyn, OH is seeking a Credit Analyst to join as an individual contributor responsible for gathering, analyzing, and interpreting credit information to determine credit worthiness. You will assist in structuring extensions of credit, renewals, and recommendations to protect the bank's asset quality and policy compliance.

Responsibilities include evaluating loan requests, assessing liquidity and management quality, analyzing financial statements and tax returns, applying financial

Qualifications

• Bachelor's Degree or equivalent work experience in finance, accounting, economics and/or business. (required)
• Experience with financial and/or borrower analysis (required)
• Competent with Microsoft Office and the ability to learn and effectively utilize other technology applications (required)
• Understanding of financial models (required)
• Ability to gather relevant research, analyze data, and synthesize information to draw conclusions and produce insights (required)
• Effective presentation and communication skills, with the ability to collaboratively make an impact (required)
• Ability to plan, multi-task, manage time effectively, and work, independently at times, with supervision of senior team members (required)

Responsibilities

• Evaluate loan requests to properly identify purpose, risk elements, and collateral adequacy.
• Assess the liquidity, quality of management, market position, and overall business climate to estimate future profitability of business.
• Analyze credit data, financial statements (cash flow, balance sheet, income statements), and tax returns (both personal and business) to determine creditworthiness and the degree of risk involved in extending credit or lending.
• Apply accounting principles to basic financial modeling.
• Input, interpret, and assess risk rating model output and client data to develop a credit recommendation.
• Develop the credit write-up to recommend loan structuring opportunities to present to Credit partners and/or Credit Officers; document and communicate findings providing relative guidance.
• Identify deteriorating credits early and elevate with considerations for restructure.
• Initiate annual reviews.
• Review loan documentation to ensure loan documents match terms and conditions outlined in the credit approval.
• Create and maintain credit files, and develop spreadsheets based on financial statements to facilitate foundational underwriting analysis.
• Responsible for client setup, client data tracking, document tracking, reports, testing borrowing base certificates and covenant compliance, trends, and dashboards.
• Provide financial analysis and portfolio administration to ensure timely and accurate risk ratings.
• Prepare loan packages and monitor and maintain loan portfolios.
• May mentor newly hired analysts.
• Perform other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice.
• Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Skills

Credit analysis

Financial modeling

Financial statement analysis

Risk assessment

Communication

Team collaboration

Education

Bachelor's degree in finance/accounting/economics/business

Tools

Microsoft Office

Financial software

Job description

KeyBank in Brooklyn, OH is seeking a Credit Analyst to join as an individual contributor responsible for gathering, analyzing, and interpreting credit information to determine credit worthiness. You will assist in structuring extensions of credit, renewals, and recommendations to protect the bank's asset quality and policy compliance.

Responsibilities include evaluating loan requests, assessing liquidity and management quality, analyzing financial statements and tax returns, applying financial