Secured Credit Analyst I

S&T Bank; Pittsburgh (Allegheny County); On-site; USD 48,000 - 115,500; Full time

Job summary

S&T Bank is seeking a Commercial Loan Administrator to monitor and analyze formula-based and asset-based loan activities, ensuring timely draw processing and proper collateral coverage. The role focuses on maintaining strong relationships with loan customers and bankers while complying with loan policies and controls.

Responsibilities include reviewing collateral data, supporting underwriting, and coordinating appraisals and field examinations to verify credit quality and loan availability

Qualifications

• Requires a four-year college or equivalent, majoring in accounting or finance.
• Two to five years general experience, two to five years specialized training of formula-based loan and asset based loan monitoring activity.

Responsibilities

• Reviews and analyzes borrowing base certificates, accounts receivable and payable schedules, inventory listings and other collateral reports.
• Participates in loan structuring with account officers and helps prepare information for Commercial Loan underwriting.
• Reviews loan documentation to determine appropriate recommendations.
• Assists in the preparation of summary reports of the Formula Based and Asset Based lines of credit portfolios.

Education

Bachelor's degree in accounting or finance

Job description

S&T Bank is seeking a Commercial Loan Administrator to monitor and analyze formula-based and asset-based loan activities, ensuring timely draw processing and proper collateral coverage. The role focuses on maintaining strong relationships with loan customers and bankers while complying with loan policies and controls.

Responsibilities include reviewing collateral data, supporting underwriting, and coordinating appraisals and field examinations to verify credit quality and loan availability