Sr Credit Analyst / 4909 / Senatobia, MS

Mississippi Land Bank; Senatobia (MS); On-site; USD 70,000 - 100,000; Full time

Job summary

Mississippi Land Bank is seeking a Senior Credit Analyst in Senatobia, MS to assist loan officers with analysis, servicing, and reporting of loan participations, mortgage and commercial loans. This role conducts in-depth credit and financial analyses on complex credits and participates in due diligence and loan servicing activities.

The candidate will evaluate financial information, determine risk and PD ratings, and support lending decisions while mentoring junior analysts and contributing to

Qualifications

• Bachelor's degree in Finance, Business Administration or related field.
• Five or more years in administration and analysis of complex credits on commercial and mortgage loans.
• Experience in structuring and evaluating complex loan participations and credit relationships.
• Ability to lead and mentor team of analysts.

Responsibilities

• Performs credit administration, financial analysis, monitoring and due diligence review.
• Analyzes balance sheets, income statements, cash flow and tax returns to assess loan package risks.
• Determines PD ratings and makes recommendations for approval or denial of loans.
• Ensures proper risk rating and status assignments for loans.
• Mentors less-senior analysts and assists in developing lending programs.
• Interprets lending policies and handles related legal/title questions.

Skills

Accounting knowledge

Finance principles

Oral and written communication

MS Office

Analytical ability

Education

Bachelor's degree in Finance, Business Administration or related field

Tools

Microsoft Office

Job description

Senior Credit Analyst

LOCATION: Senatobia Administrative Office, Senatobia, Mississippi

This is not a remote position

REPORTS TO: Chief Lending Officer

SALARY: Commensurate with Experience and Qualifications

Company Profile

Mississippi Land Bank is a financial institution that provides financing for agriculture, agribusiness and rural real estate purchase and improvements. The institution is headquartered in Senatobia, Mississippi with six full-time branches that services 32 counties in Northern Mississippi. With more than $1 billion in assets, the institution is a cooperative and part of the Farm Credit System.

Minimum Education And Experience Requirements

Bachelor's degree in Finance, Business Administration or a related field, or equivalent experience and five (5) or more years of experience in the administration and analysis of complex credits on commercial and mortgage loans including experience in structuring and evaluating complex loan participations, credit relationships, and analyses of direct loans.

General Duties & Expectations

Be dependable by being at work as scheduled and providing reasonable notice when that is not possible. Use time at work as effectively as possible. Demonstrate dedication to excellence by being accountable, determined, and positive. Actively contribute to Mississippi Land Bank's mission by doing your part in creating a welcoming, professional and customer service driven Association.

Job Purpose And Scope

Assists loan officers in the analysis, servicing, and reporting of the association's loan participations, mortgage and commercial loans. Performs credit and financial analyses on complex/multi-entity loan originations; monitoring and due diligence review of various loan packages/opportunities; and review, reporting, compliance and loan servicing activities. Fully competent senior-level professional; assignments are broad and complex in nature requiring originality, ingenuity, and leadership; has appreciable latitude for decision making; works under minimum supervision. May serve as a Team Leader.

Essential Functions

• Performs credit administration, financial analysis, monitoring and due diligence review of various financial packages and loan originations for the association and other reports as requested by management.
• Analyzes financial information including balance sheets, income statements, cash flow and tax returns to form an opinion of the strengths, weaknesses and risks associated with loan packages.
• Determines probability of default (PD) ratings as appropriate and makes recommendations for approval or denial of loans.
• Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
• Complies with proper credit administration practices as outlined in the association's policies and procedures.
• Participates in the development of loan relationships with other lenders, potential borrowers, applicants, members, participants and loan referral sources.
• Assists in the development and closing of complex loans by assisting management and loan officers with analysis and negotiation of such credits.
• Acts upon association prior approval loans and loan servicing actions within personal delegated authority and prepares recommendations for loan committee on loans exceeding such delegated authority.
• Interprets, communicates, and provides guidance to loan officers regarding association lending policies and procedures.
• Interprets and acts upon various legal, title and other questions which may arise on loans.
• May assist in developing and administer lending programs, as well as developing and revising operating procedures relating to lending operations.
• Provides mentoring/training to less-senior credit analysts.
• Assists other association personnel in completing projects as assigned.

Skill Requirements

General knowledge of accounting/financial systems. Specialized know edge of accounting and/or finance principles. Skilled in oral and written communication. Intermediate skill level in Microsoft Office applications. Ability to perform complex accounting/financial analyses under limited supervision.