Credit Analyst - Senior

Bank of Marin; Rancho Cordova (CA); On-site; USD 76,000 - 103,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Employee stock ownership plan

Tuition reimbursement

Volunteer program

Job summary

Bank of Marin is seeking a Senior Credit Analyst for its Marin Commercial Banking Office in Rancho Cordova, CA. The role supports loan management, credit approval, and documentation while underguidance from senior lenders underwrite and document moderately complex commercial and CRE transactions.

Responsibilities include identifying repayment sources, assessing credit risk, underwrite per guidelines, and supporting loan officers with financial analysis.

Qualifications

• 3–5 years related experience and/or training.
• Bachelor's degree (B.A.) from four-year college or university; three to five years related experience and/or training; or equivalent combination of education and experience.

Responsibilities

• Underwrite and document moderately complex commercial and CRE transactions.
• Support loan officers with credit reports and actions.
• Order appraisals, title research, and credit background checks.
• Translate financial reporting into bank-standard formats for analysis.

Skills

Credit analysis

Financial statement analysis

Education

Bachelor's degree (B.A.)

Tools

Credit bureau reports (Equifax, D&B)

Loan accounting system

Job description

Bank of Marin, voted by our employees as one of the "Best Places to Work" in the North Bay Business Journal, is seeking a Senior Credit Analyst to join our Marin Commercial Banking Office onsite in Rancho Cordova, California.

In a team-oriented environment, this positionmaintains a high degree of customer service by supporting loan management, credit approval, and loan documentation with timely and accurate processing of customer financialinformation, information requests. With guidance/oversight from senior lenders, underwrite, recommend for approval, and document moderately complex commercial and commercial real estate transactions.

With guidance/oversight from senior loan officers:

• Accurately identify and assess the strength of the primary and secondary sources of repayment for simple commercial and commercial real estate credits.
• Accurately identify and assess key credit risks, and the factors that mitigate these risks sufficient to recommend approval of loan commitment for simple commercial and commercial real estate credits.
• Recommend and support credit structures that monitor and mitigate key credit risk factors for simple commercial and commercial real estate credits.
• Using published underwriting guidelines, accurately underwrite and recommend simple personal and business credits for approval/decline. Articulate credit recommendations by accurately completing the bank-standard Credit Recommendation Form.
• Order appraisals and valuations as appropriate.
• Support loan officers with partial preparation of moderately complex Credit Recommendation and special Action Credit Report forms.
• Prepare for customer and prospect calls and accompany loan officers on these calls to gather information pertinent to the credit decision.
• Prepare escrow instructions.

Independently and accurately:

• Order title research documents such as UCC filings, preliminary title reports, etc.
• Order and interpret credit background information such as Equifax, D&B reports, etc.
• Order documentation for approved credit actions.
• Utilize loan accounting system to research loan activity.
• Maintain tickler database and, in coordination with Branch contacts, prepare customer correspondence requesting financial information prior to credit expirations.
• Using analytical abilities and established spreading guidelines, accurately translate basic financial reporting of business and personal entities into bank-standard format for further analysis.
• Support loan officers by offering interpretation and analysis of financial reporting documents, including evaluation of cash flow, balance sheet metrics (e.g. working capital, leverage, etc.) as it pertains to repayment sources.

Professional Experience

• 3 – 5 years related experience and/or training.
• Educational/Professional Experience: Bachelor's degree (B.A.) from four-year college or university; three to five years related experience and/or training; or equivalent combination of education and experience.

The hiring pay range for this position is $36.68 to $49.50. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.

The Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank paid employee stock ownership plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.

Bank of Marin is an equal opportunity employer. EOE AA M/F/Vet/Disability