Commercial Credit Analyst
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Job Location:
Hartford, CT - USA
Monthly Salary:
Not Disclosed
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
Join Our Team at Forte Bank!
Are you passionate about making a meaningful impact in the world of finance Do you thrive in a dynamic collaborative environment where your skills and expertise are valued If so we have an exciting opportunity for you!
We are seeking a Full-time Commercial Credit Analyst in our Hartford WI office (on-site).
What Youll Do:
As a Commercial Credit Analyst youll play a vital role in underwriting credit monitoring and portfolio management of Commercial Banking relationships to achieve efficiencies and quality of the process and product retention and expansion of existing client relationships. Under the direction of the Chief Credit Officer youll analyze financial data to determine the merits of loan requests (including adherence to loan policy) recommending structure and collecting financial statements.
Your responsibilities will include:
- Underwrites business purpose loan requests through the analysis of applicant financial statements and tax returns personal financial statements personal credit reports collateral overall debt service and external economic factors. Recommends approval denial or alternate loan structuring to the loan officer and approving authority.
- Evaluates the loans collateral values and lien status using public record information secretary of state data appraisals assessors information and other sources. Estimates the values of collateral based on such factors as visual inspections file data property data and online sources.
- Updates loan risk ratings by analyzing updated financial information so that senior management can assess the quality of the loan portfolio and identify deteriorating relationships.
- Assists with borrower monitoring requirements by accurately maintaining the banks database of ongoing financial statements borrowing base certificates aging reports portfolio reports and other statements to document customers ongoing financial condition.
- Participates in Officers and Directors loan committee meetings. Assists in the preparation of monthly and quarterly loan reports. Assists the loan department during regulatory examinations and audits.
What Were Looking For:
- High School Diploma with 3 years of commercial banking or credit analyst experience
- 4-year college degree in Business Finance or Accounting preferred
- Very strong proficiency in Microsoft Word and Excel required
- Experience with credit analysis and credit administration software preferred
- Excellent social verbal and written communication skills
- Ability to interact positively and communicate well with internal and external customers
- Ability to work collaboratively in a team environment
- Must possess a strong commitment to maintain the confidentiality of customer information
What We Offer
COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience. We offer an extensive benefits package that includes but is not limited to medical dental vision and life insurance a health savings account option an Employee Assistance Program (EAP) a 401(k)-retirement savings plan with generous company match Profit sharing and Employee Stock Ownership Plan and generous Paid Time Off (PTO) and holidays.
COMPANY OVERVIEW: Read our story learn about our bank and experience life at Forte Bank all from our website. Check it out!
We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race color religion national origin sex (including pregnancy) sexual orientation gender identity mental or physical disability genetic information protected veteran status or any other category protected by applicable federal state or local laws. Forte Bank does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.
No Recruiters or unsolicited agency referrals accepted.
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
At Forte Bank our goal is to enhance our customer's opportunities for financial success and safeguard their assets. We have branches in Hartford, Slinger and Richfield, and serve customers throughout Washington, Ozaukee and Waukesha counties.
