Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Sandhills State Bank is growing! Seeking an energetic professional to serve as a Credit Analyst.
The Credit Analyst is responsible for conducting thorough input and analysis of financial statements, tax returns, and cash flows, assessment of credit requests including annual due diligence, presenting analysis findings and recommendations to lenders, keeping up to date with the Company's lending protocols, reviewing credit files and identifying discrepancies, and attending Loan Committee meetings where credits are presented for approval. Applicant must have a strong work ethic and attention to detail.
Work in a positive, purpose-driven environment, and earn competitive pay with a 401k match and benefits including paid time off, paid holidays, and access to medical, dental, vision, life, disability, and flex plans.
Sandhills State Bank is a locally owned and regionally focused financial institution committed to serving the people and communities of the greater Sandhills region. The Bank's local ownership supports the region's economic independence and sustains the quality of life for the communities it serves.