Loan Portfolio Analyst II

Simmons Bank; Little Rock (AR); On-site; USD 65,000 - 90,000; Full time

Job summary

Simmons Bank is seeking a Loan Portfolio Analyst to monitor the bank’s loan portfolio and assess credit risk through file reviews and in-depth credit analysis. You will perform data analysis to identify trends and risks, contributing to improvement of risk controls and reporting.

Ideal candidates will have a BS/BA and 2–4 years of relevant experience, with strong analytical abilities and proficiency in MS Office and bank systems.

Qualifications

• Requires BS/BA degree and 2–4 years of relevant experience.
• Ability to review financial statements and assess credit risk.
• Strong analytical and data interpretation skills.
• Excellent written and verbal communication abilities.

Responsibilities

• Review loan portfolio to determine credit risk level.
• Perform analytical research including concentration analysis and trend reviews.
• Assist in methodology for calculating loan loss allowances.
• Prepare reports for Board and Management review.
• Monitor asset quality and review loan status changes as needed.

Skills

Mentor others

Analytical thinking

Financial statement analysis

Written communication

Public speaking

Education

BS/BA degree

Tools

MS Office

Internal bank systems

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business.

This role is responsible for review and monitoring of the entire bank’s loan portfolio. Each associate is responsible for monitoring credit risk through file reviews, performing credit analysis on specific borrower, conducting data analysis on the portfolio to determine trends, risks, process flaws, etc. Function assists in ensuring all risks are identified and monitored as related to the lending function.

Essential Duties and Responsibilities

• Review loan portfolio to determine level of credit risk.
• Complete analytical research on the loan portfolio include concentration analysis, stress testing, exception trends, etc.
• Assist in the methodology and process for calculating the allowance for loan losses.
• Prepare summary reports for Board and Management review
• Assist in the preparation of monthly asset quality reports
• Review and approve all change of loan status forms and complete impairment analysis as needed.
• Assist in monitoring and tracking of credit discounts on acquired assets.
• Will work more independently, mentor less experienced associates and be more proactive in examination and discussion of risks.
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

• Ability to lead or mentor the work of others.
• Ability to identify and resolve problems in a timely manner and gather and analyze information skillfully.
• Ability to read, write and comprehend simple instructions, procedures, business correspondence, reports, and memorandums.
• Ability to read and interpret documents such as procedures manuals, general business correspondence, and/or journals or government regulations.
• Ability to read, analyze and interpret financial reports and/or legal documents.
• Ability to respond in writing to customer complaints, regulatory agencies or members of the business community.
• Ability to speak effectively and present information, in one-on-one and small group situations to customers, clients, and other employees in the organization.

Education and/or Experience

BS/BA degree required, and Two to four years of relevant work experience.

Computer Skills

• MS Office programs
• Other internal bank programs

Other Qualifications (including physical requirements)

Must understand financial statements

Equal Employment Opportunity

Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications. Since 1903, we’ve been putting people first by making a commitment to you. Simmons Bank is the subsidiary bank for Simmons First National Corporation (NASDAQ: SFNC), a publicly traded bank holding company headquartered in Arkansas. Founded as a community bank, Simmons Bank has grown steadily to its current size of $28 billion in assets, with more than 3,000 associates located in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Our growth has led to some amazing career opportunities, while our dynamic culture has been recognized by publications across our footprint. Parallel to our growth, Simmons Bank’s community roots run deep – these are felt in the ways we seek to go the extra mile for our customers and communities through exceptional service and volunteerism, and in the strong career growth opportunities and wellness programs we offer associates. Our team is characterized by collaboration, integrity and passion for all we do, high performance, and a commitment to personal and professional growth.