Credit Analyst Trainee: Launch Your Commercial Lending Career

Socket.dev; Sandusky (OH); On-site; USD 42,000 - 62,000; Full time

Job summary

Socket.dev is seeking a Credit Analyst Trainee to assist with credit investigations and the interpretation of financial statements for loan requests and reviews. You will prepare reports for management and loan committees and support commercial loan officers as needed.

The role emphasizes analyzing credit information, understanding banking policies, and maintaining confidentiality while coordinating with multiple stakeholders to safeguard the bank's credit portfolio.

Qualifications

• Bachelor’s degree in business preferred or equivalent; post-secondary training in accounting or finance accepted.
• Commercial credit and lending experience is a plus.
• Knowledge of banking industry practices relative to commercial banking.

Responsibilities

• Investigate credit information from various sources including reporting services, bureaus, references and in-house data.
• Spread and analyze financial statements using appropriate software; prepare summaries for loan presentations.
• Under supervision, present findings and opinions on credit worthiness to management.
• Prepare loan presentations and loan reviews; summarize conclusions.

Skills

Analytical ability

Financial statement analysis

Written and verbal communication

Interpersonal skills

Banking industry knowledge

Microsoft Office

Spreading software

Education

Bachelor’s degree (business preferred)

Associate’s degree in business concentration

Post-secondary training in accounting or finance

Tools

Financial statement spreading software

Job description

Socket.dev is seeking a Credit Analyst Trainee to assist with credit investigations and the interpretation of financial statements for loan requests and reviews. You will prepare reports for management and loan committees and support commercial loan officers as needed.

The role emphasizes analyzing credit information, understanding banking policies, and maintaining confidentiality while coordinating with multiple stakeholders to safeguard the bank's credit portfolio.