Senior Commercial Credit Analyst

Fulton Bank; Lancaster (Lancaster County); Hybrid; USD 91,000 - 152,000; Full time

Benefits offered by this job

Medical plans

Dental & vision

401(k) with employer match

Paid time off

Educational assistance

Wellness program

Adoption assistance

Job summary

Fulton Bank is seeking a senior credit analyst to develop and analyze credit and financial information for complex loans. You will create proforma analyses, assess borrower risk, and present findings to loan officers and committees.

Requirements include a Bachelor's degree in accounting/finance and 8+ years of credit analysis experience; 5+ years with bank products and loan structuring. Hybrid/remote within Fulton Bank footprint; strong analytical skills essential.

Qualifications

• Bachelor's degree in accounting, business administration or finance required.
• 8+ years of high-level credit analysis experience required.
• 5+ years bank lending knowledge with loan structuring and products.
• Strong financial statement analysis and credit risk assessment.

Responsibilities

• Gather and review borrower credit and financial information, assess risk of the credit relationship, and report findings to loan officers or committees.
• Prepare deposit and loan summaries and cash flow projections for borrowers and guarantors.
• Review loan documents for covenant compliance and regulatory adherence (Reg B, Reg O, etc.).
• Prepare advanced sensitivity analyses and stress tests on revenue and cash flow drivers.
• Present loan presentations to loan officers and regional loan committees.
• Collaborate with Relationship Managers, Portfolio Managers and Credit Officers in deal screening and vetting processes.
• Develop global cash flow projections and analyze credit risk using industry comparisons.
• Assist in gathering information for auditors and exams, ensuring compliance with policies.

Skills

Credit analysis

Financial statements

Analytical skills

Communication skills

Credit training

Education

Bachelor's degree in Accounting/Business/Finance

Job description

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.
This is a full-time career opportunity that can be hybrid or remote within the Fulton Bank footprint as follows DC, DE, MD, NJ, PA, VA. This role will be supporting our Special Assets Workout Officers and Portfolio Managers.
The primary responsibility of this role is to develop and analyze pertinent credit and financial information on all types of loans, focusing primarily on those credits that are the most complex and multi-faceted. Complex and thorough proforma and sensitivity analysis necessary. Incumbents in this role will work on credits of industries that demand an advanced level of understanding of complex issues and are expected to maintain competency in specialized areas including staying well informed on industry trends.

• Gather and review all pertinent credit and financial information of the borrower, assess risk of complete credit relationship including borrower, related entities, guarantors, and contingent liabilities, and offer insights and detailed reporting of the findings concerning credit worthiness to loan officer and/or loan committee.
• Prepare deposit and loan summaries on customer relationships and cash flow projections on each borrower, guarantor, and contingent liability.
• Review loan documentation to assess compliance with loan covenants and loan agreements, as well as to confirm compliance with bank regulation (e.g. Regulation B, Regulation O, etc.) and the bank’s commercial lending policies.
• Prepare advanced sensitivity analyses with stressing of a multitude of variables that drive revenue and cash flow projections.
• Gather appropriate information to prepare loan presentations to be presented to loan officer and or Regional Loan Committees.
• Along with Relationship Managers, Portfolio Managers and Credit Officers, be an active participant in deal screening meetings to aid in fully vetting the credit.
• Prepare projected cash flows based on historical results and generate and evaluate financial ratios to foresee future credit risks.
• Develop global cash flow projections that comprehensively address all sources and uses of cash available to service debt.
• Analyze financial statements and related material including the preparation of comparisons with similar companies within the bank’s portfolio to develop industry matrices.
• Assist in gathering information required by bank examiners and internal audit and ensure that all operating policies and procedures are followed.
• Research and stay current on industry trends to maintain understanding of best practices in credit analysis.
• Develop expertise in specific industries and provide guidance and training to other analysts and loan officers within those industries.
• Serve as a resource for other analysts working on similar credit presentations in an area where a specialization has been developed.

Additional Responsibilities

• May serve as a resource for Financial Center Managers by providing guidance on loan policies and loan structuring.
• May work directly with Relationship Managers, Portfolio Managers and Credit Officers to accept, prioritize, and log work requests to assist in the preparation of department management reports.
• May serve as direct point-of-contact for customers in areas involving specialization.
• May act as secretary for Loan Committee meetings.
• May assist in updating and maintaining customer commitment reports, completing file work and submitting risk rating changes.
• May assist in training in a higher and more formal capacity such as by instructing financial and/or lending courses for the benefit of analysts or other departments.
• May analyze relationship profitability reports to help determine appropriate pricing for prospective loans.

Education

Bachelor's Degree or the equivalent experience. Specialty Accounting, Business Administration, or Finance. (Required)

Experience

8 or more years high level credit analysis experience. (Required)

5 or more years working knowledge of bank products and types of loan structuring. (Required)

Knowledge, Skills, And Abilities

• Strong understanding of financial statements and credit evaluation principles (Required)
• Excellent analytical and problem-solving skills (Required)
• Strong attention to detail and accuracy (Required)
• Effective verbal and written communication skills (Required)
• Knowledge of and ability to incorporate credit assessment techniques gained in fundamental credit training(s) (Preferred)

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures and ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. The salary range for this position is $91,000.00 - $151,600.00 annually.

Additional Compensation Components

This job is eligible to receive equity in the form of restricted stock units. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify.

• medical plans with prescription drug coverage
• flexible spending account or health savings account depending on the medical plan chosen
• dental and vision insurance
• life insurance
• 401(k) program with employer match and Employee Stock Purchase Plan
• paid time off programs including holiday pay and paid volunteer time
• disability insurance coverage and maternity and parental leave
• adoption assistance
• educational assistance and a robust wellness program with financial incentives

To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.