Senior Commercial Credit Analyst
Senior Commercial Credit Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
Our goal at Fidelity is to create a better future by acting with accountability and integrity alongside our customers and within our communities. Since 1908 we have built a legacy upon simple enduring values and an unwavering commitment to the communities we serve. We pride ourselves on being part of a community-focused and team-oriented work culture where we invest in our associates to ensure success within the company.
Fidelity Bank headquartered in New Orleans Louisiana believes in making a difference by living our mission of Here for Good to help families and businesses thrive in the communities we serve. Our mortgage division NOLA Lending Group is a leader in providing residential home financing solutions in 46 states.
Fidelity promotes a culture of work/life balance for all associates. We offer a competitive total rewards package for eligible associates including:
- Competitive pay based on the position qualifications relevant experience and skillset
- Paid Time Off
- Up to 14 paid holidays annually
- Comprehensive Medical Dental and Vision Insurance
- Employer Funded Health Savings Account
- Paid Parental Leave
- 401(k) with matching contributions
- Wellness Program to reduce health insurance premiums
- Free or discounted banking and mortgage services
- Basic Life Insurance and AD&D
- Tuition Reimbursement Plan
- Associate Referral Program
- Associate Volunteer Program
- Employee Assistance Fund (subject to IRS guidelines)
- Employee Assistance Program
- Opportunities for training and career development
- Gym Discounts Verizon Wireless Discounts Tickets At Work Discounts
- Retail branch locations are closed on Saturdays!
The benefits listing is for informational purposes. Additional details regarding compensation and benefits will be provided during the application process. Fidelity reserves the right to modify amend or terminate any and all benefits at any time.
Do you want to make a difference If so this opportunity may be the right choice for you! Fidelity Bank/NOLA Lending Group is looking for competitive self-reliant energetic individuals that are driven to succeed.
Position Summary:
The Senior Commercial Credit Analyst serves a vital role in the commercial lending process. Provide a full analysis on commercial loans and act in an advisory capacity to management loan decision makers and commercial lending officers. Will also offer guidance and training to junior staff members.
This position is exempt under the Fair Labor Standards Act and is not eligible for overtime pay.
This position may be filled at a lower or higher level depending on the candidates qualifications and relevant experience.
Required Qualifications Competencies and Skills:
- Bachelors degree in related business field
- 8 years of bank risk management experience with at least 5 years in the credit analysis function
- Advanced understanding of commercial loans structure and best practices as well as overall bank organizational structure and processes
- Thorough understanding of financial statements: balance sheets income statements statement of cash flows and personal and business tax returns
- Proficient in Microsoft Office Suite to include Word Excel Outlook PowerPoint Teams
- Developed cognitive skills to include Analytical Problem Solving Decision-Making Organization & Planning Judgement
- Developed intrapersonal skills to include Initiative Development Follow-Through
- Developed interpersonal skills to include Communication: Listening Speaking and Writing Collaboration Versatility Client Focus
- Developed technology skills to include Project Management Knowledge Management Agile Development
- Developed leadership skills to include Coaching & Development Strategic Thinking Leading Teams Business Acumen Achieving Results Addressing Conflict Implementing the Vision
- Developed sales skills to include Opportunity Pipeline Management Knowledge Preparation Connecting Questioning
Preferred Qualifications Competencies and Skills:
- Extensive experience with Commercial Real Estate Asset Based Lending Small Business Administration and Commercial & Industrial Lending
Essential Duties and Responsibilities:
- Manage and develop training plan for credit analyst and provide feedback on completed work
- Decision loans within CEO approved loan authority
- Assist with workflow coordination
- Assist in the preparation of management level regulatory and board reports
- Assist with the development of best practices and improved efficiency within the department
- Determine repayment capacity for all loan requests.
- Spread and analyze business financial statements personal tax returns review credit bureaus and calculate repayment ratios
- Indicate loan policy exceptions and independently identify justification for exceptions. Notate policy deficiencies and recommend remedies to Senior Credit Officer.
- Research industry best practices and standards and determine which industry benchmark is applicable to the customers scale of business operation
- Consult loan officers on final loan structure. Advise loan officers of key risk concerns and possible mitigation options.
- Provide vendor risk decision to Data Security Department and determine level of vendor review required
- Make assessment and recommendations for SBA and other government lending loan eligibility when appropriate
- Independently determine proper loan covenant requirements for all loan files depending on loan structure industry specifics customer cash and operational life cycle and other subjective factors
- Determine questions to be asked of customer regarding operational trends and deviations from industry standards derived from research and independent thought process
- Final decision on credit closing conditions
- Prepare final loan approval packet content for decision authority and justify initial decision recommendation
- Assign initial risk rating to all credit files and justify rating
- Attend loan committee meetings and representative credit prospective; justify credit determinations during loan discussions
- Will accompany loan officers to customer meetings to make determination of business risk factors and meet with key financial decision makers within the borrowers organization. Must be able to offer consultative advice and develop customized lending solutions when applicable.
- Subjectively determine appropriate treatments of non-recurring cash flow speculative risk stress factors and tests and provide independent summarization of loan risk criteria
- Oversee Loan meeting agenda and render credit vote in absence of Sr. Credit Officer.
- Independently discuss loan files with external loan reviewers and safety and soundness examiners
- Consistently exemplifies our Core Values of Integrity Community Dependability Excellence Longevity and Accountability
- Complies with regulatory rules and regulations evidenced through successful completion of training and demonstrated ability
- Performs other duties and/or special projects as appointed by management
- Physical Requirements: primarily sitting with some standing walking lifting and bending
Fidelity Bank is an Equal Opportunity Employer/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age pregnancy genetic information disability status as a protected veteran or any other protected category under applicable federal state and local laws. Fidelity promotes a drug free workplace.
If you require an accommodation to submit your application for an open position please send an email request to or call . All information provided will be kept confidential and will only be used to the extent required to provide the needed reasonable accommodation.
For assistance or questions regarding the recruitment process please email .
This position is located in Baton Rouge LA 70808.
Required Experience:
Senior IC
Employment Type
Full Time
