Credit Analyst
Company: Dart Bank
Location: Mason
Posted on: May 16, 2022
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Job Description:
Summary
Responsible for the impartial and fact based analysis of new and
existing commercial relationships. The Credit Analyst (CA) will
also perform duties related to the analysis of the Bank's loan
portfolio; including but not limited to reviewing trends,
identifying risks, and concentrations as directed by the Commercial
Credit Manager or Chief Credit Officer. The Credit Analyst will
work closely with Relationship Managers (RM) & Treasury Management
Officers (TMO) during the analysis phase of commercial applications
to identify a Client's true financial position.
Job Duties
Review collected or existing financial and non-financial
information related to existing or prospective Clients to determine
if sufficient information is on hand to support commercial
requests. Work directly with the Relationship Manager, Treasury
Management Officer, or their designee, to identify what information
is missing in order to move forward with the commercial
request.
Using provided financial information, create summaries and
financial ratios for analysis and presentation using commercial
loan software.
Work directly with the RM or TMO to request the necessary
information to verify any questions relating to the provided
financial information that may arise during analysis.
Prepare the approval presentations, as determined by the total
lending limit and type of commercial request or as directed the CCM
or CCO. The presentation will follow a standard format and include
all the information necessary in order to make an informed
decision. This will include an appropriately detailed commentary
prepared by the CA addressing the strengths and weaknesses of the
borrower and whether or not the CA recommends approval of the loan
request.
Monitor borrower loan covenants (financial and non-financial)
including the submission to the bank of timely financial
statements, accounts receivable statements, etc. Determines if a
borrower is in compliance with any advance formulas, liquidity
ratios, financial statement reporting, etc. and communicates that
to the CCM & CCO.
Perform collateral inspections, appraisal reviews, site visits,
etc. as requested by the RM or TMO and approved by the CCO.
Participate in the completion of Special Asset Loan Reviews as
directed by the CCM or CCO.
Perform analysis on and create monthly or quarterly reports for
both management and the Board of Directors concerning the
performance of the loan portfolio.
Adheres to all Federal and State laws and regulations, including
the Bank Secrecy Act.
Complete other analytical work or special projects as directed by
the CCM or CCO.
Education and Experience
Education: Bachelor's degree in Business, Finance, or
Accounting
Experience: One year of credit analysis experience preferred, not
required
Skills: Excellent organizational, task management, and
communication (written & oral) skills. Analytical and problem
solving with an eye on efficiency. Intermediate to expert level
computer skills including not limited to the Microsoft Office
suite.
Supervisor: Commercial Credit Manager
Supervises: None
Dart Bank has an immediate opening for a Credit Analyst. Dart Bank
is a community bank, serving our community for over 96 years. We
are a growing community bank located throughout mid-Michigan. We
specialize in providing financial services, but we are passionate
about serving the community and building real relationships with
people. Dart Bank provides innovative financial services for both
personal and business banking, consumer and mortgage loans,
commercial loans and lines of credit, agricultural lending,
merchant credit card processing, investment services and more. Our
array of products and services and our longstanding history within
our communities shows we care about what matters most for our
customers and we are there for them for the most important times in
their lives. Dart Bank. For What Matters Most.
We offer:
Medical Benefits
401(K) Employee Stock Ownership Plan
Paid Vacation & Sick time
Flexible scheduling
Employee Assistance Program
Dart Bank University
At Dart Bank you can expect to be surrounded by a team that will
support you and invest in your growth in a quick-paced work
environment where we delivery exceptional customer service. We are
a local business that cares about our employees and our
community.
Keywords: Dart Bank, Lansing , Credit Analyst, Professions , Mason, Michigan
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