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Credit Analyst

Company: Dart Bank
Location: Mason
Posted on: May 16, 2022

Job Description:


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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