Credit Analyst

Position Description The primary purpose of the position is to evaluate the financial condition of businesses and individuals applying for credit with 1st State Bank, by providing an independent credit review and risk assessment on such loan requests. This position will work closely with the loan and lending staff to prepare presentations that include documentation risk, collateral risk, and repayment of loans.Position Summary This position will establish a basic understanding of loan policy, with little to no experience previous, while continuing to develop in the Credit Analyst role. As Credit Analyst I, this position will assist in testing covenants, do regular analysis of smaller loan relationships, working on projects/matters of limited complexity in a support role, create relevant databases and reports, as needed by loan officers and committees as requested.Duties/ResponsibilitiesAnalyze information and prepare loan analysis reports as assignedPrepare new applications or renewal/extension of requested loansComplete evaluation of collateral materialsAssist Business Lenders in the management of customer relationship through credit file tracking, financial statement monitoring, credit reviews and analysis of financial performanceUtilize financial spreading software to analyze borrower informationUtilize tools from outside sources when conducting credit and industry analysisPerform work following department work processes and ethics standardsPrepare minutes for loan committee meetingsPerform due diligence on existing files as neededSupport Loan Documentation Department as neededPerforms other duties as assigned.Follows all 1st State Bank policies, procedures, compliance, and security practices.Required Skills/AbilitiesGood organizational and problem-solving skillsGood written and verbal communication skillsAbility to adapt to changing deadlines and workloadIncorporate Bank Values within work environmentModerate knowledge of Microsoft Word and ExcelBasic understanding of loan policy and reporting needsQualificationsBachelor’s Degree in Business, Finance, Accounting, Statistics, Economics, or comparable