Senior Credit Analyst

F&M Bank - Archbold, OH; Archbold (OH); On-site; USD 55,000 - 75,000; Full time

Job summary

The F&M Bank Archbold, OH is seeking a skilled Credit Analyst to support Commercial & Ag lenders and Loan Committees by underwriting and analyzing borrowers. The role focuses on assessing credit risk, cash flows, and loan structure to ensure safe and sound financing.

Responsibilities include spreading and analyzing tax returns and financial statements, preparing loan proposals, and maintaining compliance with bank policies and regulatory requirements.

Qualifications

• Bachelor’s degree or 4+ years experience; accounting/finance preferred.
• Advanced mathematical, analytical and problem-solving skills.
• Strong reading and interpretation of financial statements and legal documents.
• Knowledge of GAAP and IRS Code.
• Ability to pass a background check.
• High dedication to accuracy and ethics.

Responsibilities

• Spread and analyze tax returns and financial statements, including interpretation of key ratios.
• Ensure underwriting is presented accurately and with enhanced quality.
• Communicate with Lenders regarding information needed to complete underwriting.
• Prepare Loan Proposals for Loan Committee decisioning.
• Complete special projects for Management regarding the loan portfolio.
• Stay informed about regulatory compliance and market-risk issues involved in credit approvals.
• Comply with bank policies and regulatory requirements.

Skills

Analytical thinking

Financial analysis

Attention to detail

Communication

Education

Bachelor’s degree or 4+ years experience

Job description

POSITION SUMMARY:

At The F&M, our Credit Analyst Department (‘Credit’) is a valuable resource for Commercial & Ag Lenders, Loan Committees, Management, and the Bank’s clients to create a safe and sound financial institution. Credit is a culmination of accounting, finance, economics, business law, and occasionally other academic disciplines. The Credit Department seeks inquisitive and analytical bankers to ask important questions about Borrowers’ ability to service debt and delineate proper loan structure.

Objectives Of This Role

• Serve internal customers by providing swift underwriting of Commercial and Ag loans
• Identify risks and mitigants of a credit request and provide feedback to Lenders, Credit Managers, and Loan Committee regarding loan structure and areas of emphasis
• Ensure the Bank has underwritten sufficient information for complex Guarantors to highlight other areas of risk that might exist outside of the Borrower’s credit request, including global cash flows and other enhanced analysis
• Provide technical advice and assistance to Lenders and other individuals in the lending function of the Bank as needed
• Ensure annual reviews and new approvals have current and required financial information to satisfy internal credit decisions, external loan review assessments, and examiner reviews, as well as confirm that loan risk ratings remain an accurate reflection of the credit

Responsibilities

• Spread and analyze tax returns and financial statements, including interpretation of key ratios
• Ensure the underwriting is presented accurately and has enhanced quality
• Communicate with Lenders regarding the information needed to complete underwriting
• Prepare Loan Proposals for Loan Committee decisioning
• Complete special projects for Management regarding the loan portfolio
• Stay informed about the legal, tax, compliance, and market-risk-related issues involved in the approval of credit
• Comply and satisfactorily pass tests for bank policy and regulatory compliance that apply to position

Requirements – QUALIFICATIONS:

• Bachelor’s degree from four-year college or university; or four or more years related experience and/or training; or equivalent combination of education and experience. Accounting or Finance Major is preferred.
• Advanced mathematical, analytical, reasoning, and problem-solving skills
• Advanced reading and interpretation skills for financial statements and legal documents
• Knowledge of Generally Accepted Accounting Principals and IRS Code
• Advanced writing and computer skills for Loan Proposals with ability to handle multiple tasks
• Ability to pass a background check
• Strong dedication to accuracy and efficiency
• Strong level of ethics, trustworthiness, character, professionalism, confidentiality, and honesty

ADDITIONAL REQUIREMENTS: Certificates and Licenses

• Valid Driver’s License

Compliance

• As generally applicable to F&M Bank and commensurate with these job functions, this job role includes accountabilities for following Bank policies and related procedures, as well as regulatory requirements involving federal and state laws, regulations, and related guidance.
• Compliance with Bank Secrecy Act (BSA), including accurate completion of Currency Transaction Reports (CTR) when applicable, Anti-Money Laundering Act (AML), Office of Foreign Asset Control (OFAC) and the USA PATRIOT Act. Adhere to Customer Identification, Customer Due Diligence and reporting of suspicious activities to the BSA Department

Exempt/Salaried Competencies

• Job Knowledge: Understands duties and responsibilities, possesses necessary job knowledge and technical skills, maintains job knowledge current.
• Productivity: Manages a fair workload, volunteers for additional work, prioritizes tasks, develops good work procedures, manages time well, and handles information flow.
• Quality: Is attentive to detail and accuracy, is committed to excellence, looks for improvements continuously, monitors quality levels, finds root cause of quality problems, owns/acts on quality problems.
• Self-Development: Seeks out and accepts feedback, is a proactive learner, takes on tough assignments to improve skills, keeps knowledge and skills up to date, turns mistakes into learning opportunities.
• Adaptability: Ability to plan and organize work in new or changing situations, to apply self in emergencies and to respond to new procedures.

Salary Description

Pay Grade: 2