Credit Analyst Trainee

Civista Bancshares, Inc.; Sandusky (OH); On-site; USD 45,000 - 65,000; Full time

Job summary

Civista Bancshares, Inc. is seeking a Credit Analyst Trainee to conduct credit investigations, spread financial statements, and analyze credit information for commercial loan requests and reviews. You will prepare reports for management and loan committees and assist loan officers as needed.

Under supervision, you will contribute to the analysis of market data, study industry trends, and ensure compliance with bank policies. Strong financial acumen and communication skills are essential.

Qualifications

• Bachelor’s degree in business (or related); associate degree acceptable or post-HS accounting/finance training.
• Commercial credit and lending experience is a plus.
• High level of trust, diplomacy, and tact; extensive personal contact.
• Knowledge of banking industry practices for commercial banking.
• Strong analytical ability for credit analysis.
• Excellent written, verbal, and interpersonal skills with confidentiality.
• Understanding of financial statements and personal/corporate tax returns.
• Proficiency with Microsoft Office and spreading software.

Responsibilities

• Investigate credit and financial information from multiple sources (reporting services, bureaus, references).
• Spread and analyze financial statements using appropriate software.
• Prepare summaries and present facts and opinions on creditworthiness.
• Summarize conclusions in Loan Presentations and Reviews.
• Analyze market and industry, including competitors and suppliers.
• Assist with special projects and reporting in Credit Administration.
• Know bank credit policies and procedures.
• Provide and maintain loan data in analysis systems.

Skills

Analytical ability

Written and verbal communication

Interpersonal skills

Financial statement knowledge

Microsoft Office proficiency

Education

Bachelor’s degree in business

Associate degree in business concentration

Post-high-school training in accounting or finance

Tools

Spreading software

Office software suite

Job description

Description

Position Purpose:

Under supervision, the Credit Analyst Trainee will conduct credit investigations, prepares and interprets financial statements for detailed spreading, and analyzes routine credit information pertaining to Commercial Loan Requests and Loan Reviews Prepares reports and information for management and Loan Committees; furnishes information in relation to credit inquiries; provides assistance to commercial loan officers as request.

Description of Duties, Responsibilities and Expectations:

• Investigating all available sources of credit and financial information, including reporting services, credit bureaus, other companies, bank references, and in-house credit information.
• Spreading and analyzing financial statements and related material using the appropriate software programs.
• Under supervision, preparing summaries, presenting facts, and offering opinions concerning credit worthiness.
• Summarize conclusions in Loan Presentations and Loan Reviews.
• Conduct analysis of the market (customers) and industry (competition, suppliers, and potential new entrants) and management teams.
• Assist with special projects and reporting assignments in Credit Administration.
• Know and understand Bank/Credit policies and procedures.
• To provide computer support, including data entry, in the maintenance of the loan analysis systems.
• Understand new and pending laws and regulations that affect the organization’s credit practices.
• Participate in the ongoing development of commercial credit policies and procedures that safeguard the Bank.
• To provide and maintain reporting requirements on Bank customers’ credit obligations.
• Recommend risk grade changes.
• Complete Loan Reviews as directed by Lead Loan Review Analyst or Credit Administration Manager.

Requirements

Qualifications, Knowledge and Skills:

• Bachelor’s degree (business preferred), associate’s degree in business concentration, also acceptable; minimum: having some post HS training in accounting or finance if no degree.
• Commercial credit and lending experience a plus.
• A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature.
• Knowledge of banking industry practices relative to commercial banking.
• High level of analytical ability
• Strong written, verbal and interpersonal skills; ability to maintain confidentiality of information, as appropriate.
• Understanding of the components of financial statements and personal/corporate tax returns.
• Proficiency with Microsoft Office products (Word, Excel, Access, Power Point, etc.) and financial statement spreading software is required.
• A high level of initiative, thoroughness, accuracy and organizational skills required.
• Detail oriented with effective judgment and time management.

Physical Requirements:

• Work involves eye strain due to the frequent use of computer screens, reading of reports, entering information into a spreadsheet, and so forth.
• Work involves sitting most of the day.
• Work involves being able to concentrate on the matter at hand, under sometimes distracting work conditions
• Work involves lifting and moving loan files of up to 15 lbs.
• Work involves some travel, independently and with loan officers, to consult on financial loan information, training, meetings and so forth.

EOE - Race/Sex/Disability/Veteran

This Position Description is not a complete statement of all duties and responsibilities comprising this position.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this position at any time.