Benefits
Citizens Bank offers competitive compensation and outstanding benefits:
- Medical, Dental, and Vision Insurance
- 401(k) with Employer Matching
- Employee Assistance and Wellness Program
- Life, Short-term and Long-term Disability
- Up to 11 Paid Holidays
- Health and Dependent Care Reimbursement Accounts
- Paid Time Off; Paid Family Leave
- Banking Privileges
Position: Credit Analyst
Position Location / Hours
Citizens Bank - Oregon City Branch
Hours: Full-Time/Non-Exempt (40 hrs/week, Monday-Friday)
Reports to: Branch Manager
Description:
Credit Analysts are responsible for assisting Commercial Loan Officers in underwriting credits, portfolio management, maintenance, and customer service for an assigned portfolio of commercial accounts. This position is relied upon to prepare a thorough analysis of all aspects of a credit, including the preparation of financial spreads and projections in conformance with established Bank policies and procedures, for new loan requests, renewals and annual reviews, and responds to customer inquiries related to the lending process in a timely and accurate manner. Additionally, this position will assist to ensure compliance with all policies, procedures and regulations, and the accurate and timely delivery of documents for closing the loan.
Duties and Responsibilities
- Provide an exceptional level of customer service around all aspects of the banking relationship with a focus on the credit aspects in conjunction with the Commercial Loan Officers assigned to the relationship.
- Independently interacts with prospective and existing clients to collect financial statements, tax returns, and other applicable information.
- Independently complete financial statement spreading and cash flow/global cash flow analysis.
- Identify loan purpose, source of repayment, collateral value/priority, and full written analysis of all credit elements within the credit approval.
- Participate in presentations/meetings with credit administration to negotiate structuring, pricing and edits needed to highlight and or partially mitigate credit risks.
- Track loan agreement compliance, covenant monitoring, borrowing base certificates and financial reporting, via use of the lending tickler system. Ensure timely and accurate follow up.
- Collect and review required information for draws in conjunction with construction, asset based or agricultural loans with the Commercial Loan Officers.
- Analyze financial and other information and complete file memos or Term Loan Reviews to document trends and, where necessary, report and/or gain credit approval for action taken on Loan Agreement violations, and validate risk rating.
- Independently interacts with customers to collect information needed to complete loan renewals ahead of loan maturity dates.
- Monitors loan delinquency reports and coordinate with borrowers for resolution.
- Review overdraft reports and coordinate NSF decisioning with Commercial Loan Officers.
- Comply with governing regulations by maintaining current knowledge of commercial law, UCC and Banking regulations and policies to ensure conformity with required laws and terms.
- Accompany Commercial Banking Officer on business calls and/or site visits, as requested.
- May perform notary services for the bank.
- Perform any additional duties/activities assigned by management.
Required Qualifications
- High School Diploma or equivalent - required.
- Provides an exceptional level of quality service for internal/external customers; responds to customers' needs, questions and concerns in an accurate, effective, and timely manner.
- Excellent listening, verbal, written and telephone etiquette business communication skills, with the ability to communicate outstanding/follow up issues over the phone, in person and via email; effective presentation skills, with the ability to read, write, speak and understand English well.
- Working knowledge of accounting and finance theory and practices, including Generally Accepted Accounting Principles, taxation, legal forms of organizations, and business law.
- Ability to interpret financial statements/spreads (including cash flow, balance sheet, and profitability), and present facts and offer opinions concerning credit worthiness.
- Knowledge of financial modeling techniques, and ability to identify recurring and non-recurring sources of cash flow and guarantors' ability to service debt.
- Knowledge and experience interpreting credit reports and industry financial information averages.
- Working knowledge and experience of lending practices, collateral perfection, loan documentation, disclosures, terminology, and legal documents.
- Ability to understand and apply principles, procedures, compliance requirements, federal/state regulations, and policies related to assigned area, as well as the Bank's policies, procedures, products, and services.
- Strong organizational, time management, data review and processing skills; with the ability to identify and resolve exceptions and interpret data in a timely manner.
- Demonstrated analytical and problem-solving skills with excellent attention to detail and a strong focus on accuracy.
- Demonstrated ability to quickly focus on key issues and make decisions under pressure of time constraints and/or competing deadlines with minimal direction and oversight.
- Unquestionable integrity in handling sensitive and confidential information required.
- Proficient use and understanding of MS Office products (Word, Excel, Outlook), with the ability to learn and adapt to new technologies quickly and gain working knowledge of financial services loan systems and credit software applications - required.
Preferred Qualifications
- Bachelor's degree in Business Administration, Finance, Economics, Marketing or relevant discipline - preferred. Equivalent combination of education, formal credit training and relevant experience may be considered.
Working Conditions
- Climate controlled office environment.
- Occasionally exposed to outdoor weather conditions.
- Work involves being able to concentrate on the matter at hand, under sometimes distracting work conditions, and frequent employee and customer contacts and interruptions during the day.
- Work requires regular attendance, punctuality and adherence to agreed-upon schedule with willingness to work a flexible hour, as needed.
- Travel Time: Varies - 10%; Willingness to travel to other branch, customer, business locations, and meeting sites, which may include overnight travel and extended stay availability when needed; valid driver's license, clean driving record, proof of insurance, and access to reliable transportation to carry out job-related essential functions.
Disclaimer
Citizens Bank is an Equal Opportunity and Affirmative Action employer and is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, pregnancy, national origin, age, sexual orientation, gender identity, military or veteran status, or disability. All offers are contingent upon the candidate successfully passing a credit check and criminal background check.