Essential Duties and Responsibilities include the following. Other duties may be assigned.
Author Credit Approval Memorandums and new deal view memorandums to support existing and proposed extensions of credit for both commercial & industrial transactions and real estate loan requests.
Analyze income statement & balance sheets (for commercial and industrial transactions), rent rolls and operating statements (related to investor real estate transactions).
Examine the 5 C’s of credit including cash flow, collateral, character, conditions and capital of the borrower based on current and historic trends.
Review and prepare UCA spread analysis to determine operating trends such as sales, gross profit margin, operating margin, liquidity, tangible net worth, debt-to-tangible net worth leverage, and the operating cycle of the company (including accounts payable, inventory and accounts receivable turn days).
Evaluate loan structures and terms.
Determine sources and uses of funds.
Analyze industry and market data including competitive factors.
Review of market comparables for real estate loans using appraisals and COSTAR.
Review and evaluating collateral values through equipment appraisals, accounts receivable and inventory reports.
Check for financial covenant and borrowing base formula compliance.
Analyze personal income tax returns.
Identify personal and business sources of cash flow for a global overview.
Review personal credit bureau on personal guarantors.
Author Annual Review Memorandum on existing portfolio with aggregate exposure of $500,000 or more.
Review real estate appraisals and environmental reports for accuracy and appropriateness.
Determine compliance of loan requests within current Loan Policy and Procedure.
Manage commercial files and records.
Communicate and work collaboratively with commercial loan officers and support staff.
Other duties and projects as assigned.
Ensure operational integrity through compliance with all policies, procedures and regulations.
Qualifications
The ideal candidate would demonstrate the following characteristics:
Personal Skills:
Self-starter with a strong work ethic.
Excels at taking ownership and demonstrates a sense of urgency in getting transactions and client requests over the finish line.
Excellent organizational skills and a strong ability to multi-task many activities during their work day.
Strong written and oral communication skills. Ability to provide in-depth financial trend analysis and tell the story of what is really happening with the company based on review of their income statement and balance sheet (no elevator analysis).
Proficient in accounting terms and concepts related to small and mid-sized companies.
Education / Experience:
Associate’s Degree or Bachelor’s Degree in Finance, Business or related field preferred.
Minimum of 3 years’ experience in commercial credit.
Thorough knowledge of federal and state banking regulations.
Computer Skills:
Proficient in Word, Excel, and Outlook. General working knowledge of Jack Henry SilverLake a plus.
BenU Undergrad Business 