Credit Analyst
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Job Location:
Knoxville, TN - USA
Monthly Salary:
$ 70890 - 83400
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
At U.S. Bank were on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions enabling the communities we support to grow and succeed in the right ways all more confidently and more oftenthats what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life and each person is unique in their potential. A career with U.S. Bank gives you a wide ever-growing range of opportunities to discover what makes you thrive. Try new things learn new skills and discover what you excel atall from Day One.
As a wholly owned subsidiary of U.S. Bank Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goalsno matter what they need. From transaction processing to customer service to driving innovation and launching new products were building a range of tailored payment solutions powered by the latest technology. As part of our team you can explore what motivates and energizes your career goals: partnering with our customers our communities and each other.
Job Description
The Credit Analyst is responsible for evaluating creditworthiness and making recommendations on new renewal and extension loans. This role requires advanced financial analysis skills including the ability to interpret accrual-based financial statements and assess the overall financial health of businesses.
The ideal candidate will have experience analyzing financial trends understanding key concepts such as Net Working Capital Leverage Deferred Revenue and Cash Flow Analysis. Proficiency in reviewing and interpreting the Balance Sheet Income Statement and Statement of Cash Flows is essential.
The Credit Analyst will identify potential credit risks recommend strategies to maintain credit quality and minimize loss exposure. The role also involves leveraging analytical tools and software to evaluate individual credits and portfolios.
Key Responsibilities
- Perform in-depth financial and credit analysis on new and existing customers.
- Interpret accrual-based financial statements and assess financial trends.
- Analyze key financial metrics including liquidity leverage profitability and cash flow sustainability.
- Evaluate Net Working Capital Deferred Revenue implications and overall financial health.
- Review customer accounts and portfolios to identify potential credit risks.
- Prepare detailed credit reports and recommendations for decision-makers.
- Utilize credit analysis tools and software to support evaluations.
Basic Qualifications
- Bachelors degree in Finance Accounting Economics or related field (or equivalent work experience).
- Typically four or more years of relevant experience in credit or financial analysis.
Preferred Skills/Experience
- Strong financial and credit analysis skills with emphasis on accrual accounting.
- Expertise in analyzing Balance Sheets Income Statements and Cash Flow Statements.
- Thorough understanding of Net Working Capital Leverage Deferred Revenue and Cash Flow Analysis.
- Knowledge of credit administration policy and risk analysis.
- Effective technical report writing and communication skills.
- Proficient in financial modeling and computer navigation using various software tools.
- Masters degree CPA or CFA certification preferred.
Ideal Candidate Profile
- Financial Acumen: Demonstrates mastery of accrual accounting principles and advanced financial analysis techniques.
- Cash Flow Expertise: Skilled in evaluating cash flow sustainability and understanding its impact on credit risk.
- Analytical Strength: Ability to identify financial trends and interpret complex financial data.
- Technical Knowledge: Comfortable with key financial concepts such as Net Working Capital Leverage ratios Deferred Revenue and Cash Flow Analysis.
- Statement Analysis: Highly proficient in analyzing Balance Sheets Income Statements and Statements of Cash Flows to assess liquidity profitability and solvency.
- Risk Awareness: Ability to evaluate credit risk holistically and recommend strategies to mitigate exposure.
- Communication Skills: Capable of presenting findings clearly and persuasively to stakeholders.
- Technology Savvy: Adept at using financial modeling tools and credit analysis software.
Location - The role offers a hybrid/flexible schedule which means theres an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If theres anything we can do to accommodate a disability during any portion of the application or hiring process please refer to ourdisability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members whole selves and what may be needed to thrive in and outside work. Thats why our benefits are designed to help you and your family boost your health protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role location or hours):
Healthcare (medical dental vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked up to 80 hours per calendar year unless otherwise provided by law
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race religion color sex national origin age sexual orientation gender identity disability or veteran status and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.
The salary range reflects figures based on the primary location which is listed first. The actual range for the role may differ based on the location of the addition to salary U.S. Bank offers a comprehensive benefits package including incentive and recognition programs equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $70890.00 - $83400.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition certain positions may also be subject to the requirements of FINRA NMLS registration Reg Z Reg G OFAC the NFA the FCPA the Bank Secrecy Act the SAFE Act and/or federal guidelines applicable to an agreement such as those related to ethics safety or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
Required Experience:
IC
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
About Company
Experience personalized banking services for your unique needs with U.S. Bank - Checking, credit cards, home loans & convenient online banking. Member FDIC.
