Commercial Credit Analyst
Share
Job Location:
Martinsville, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
8 hours ago
Vacancies:
1 Vacancy
Job Summary
SUMMARY
The Commercial Credit Analyst is responsible for ensuring quality underwriting compliance and credit monitoring within the banks entire loan portfolio supporting new business development while applying credit risk policy. The Commercial Credit Analyst will also perform all required annual reviews on the Commercial Loan Portfolio. Responsibilities include operating within all policies and procedures adopted by the Board of Directors.
ESSENTIAL FUNCTIONS
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Assist with underwriting and financial updates as needed
- Development implementation and maintenance of borrower risk ratings and credit
- Ensure the overall portfolio is comprehensively monitored and controlled adhering to and administered within approved guidelines and in line with established operating policies and procedures
- Ensure appropriate balance between customer risk and pricing
- Provide loan processing support for the bank. This will involve documentation preparation and maintenance to ensure that all information is entered accurately as well as monitoring and maintaining the loans in process.
- Maintain knowledge of current loan documentation guidelines for commercial loans to perfect the banks lien on the collateral.
- Handle SBA loan monitoring payment processing and correspondence with our SBA servicing agent.
- Maintain review and process insurance certifications and report tracking to ensure all collateral insurance is up to date.
- Maintains independence and objectivity in carrying out job responsibilities
- Track all financial statement tracking requirements on commercial loans by updating the system as new statements are received and preparing and mailing financial statement request letters as needed.
COMPETENCIES
Communicating
- Communicates in a straightforward and assertive fashion
- Updates relevant people with timely information
- Listens carefully to what others are saying
- Respects and considers all opinions even counter-opinions
Demonstrating Integrity
- Assumes responsibility for mistakes and failures
- Demonstrates consistency between what is said and what is done
- Behaves according to sound ethical and legal standards
Working with Others
- Is respectful of others
- Balances individual goals with team goals
- Builds and maintains productive relationships with people throughout the organization
Lending with Prudence
- Learns about each customers unique financial situation
- Learns about each customers credit and ability to repay their loans
- Follows the banks lending policies and procedures
- Ensures that the bank makes prudent lending decisions
- Ensures compliance with all relevant laws and regulations
Representing the Bank
- Answers customer questions and fully addresses their concerns
- Manages difficult customer situations and treats others with respect
- Maintains a neat and professional appearance
- Maintains an overall knowledge of the banks products and services
- Cross-sells the banks products and services to its customers and prospects
Adapting to Change
- Maintains composure in frustrating situations
- Demonstrates flexibility in working with others
Professional Excellence
- Demonstrates a consistently high level of professional judgement
- Maintains independence and objectivity in carrying out job responsibilities
- Effectively presents loans and their rationale to the appropriate committees
SUPERVISORY RESPONSIBILITIES
This position does require supervisory responsibilities.
POSITION TYPE
This is a full-time position. Days and hours of work are Monday through Friday 8:30am to 5pm. This position may require long hours and weekend work.
TRAVEL
Travel is primarily local and during the business day
REQUIRED EDUCATION AND EXPERIENCE
- Must have a high school degree or equivalent
- This job requires skills needed in a typical office environment. This includes computer skills communications skills as well as utilization of office equipment.
- Self-motivated detail-oriented;
- Ability to be flexible prioritize organize problem-solve and follow-up;
- Ability to interact with others in a professional and personable manner;
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.
Required Experience:
IC
