Commercial Credit Analyst

Overview

As a Commercial Credit Analyst I, you will be primarily responsible for analyzing commercial credit requests in both the Commercial Real Estate and Commercial & Industrial (C&I) segments, including new money requests and renewals. Using sound and consistent underwriting and management of commercial loan risk within assigned team (Real Estate or C&I) while balancing loan, deposit and fee growth, overall client profitability, client retention, and credit quality. Analyze information used to reach decisions regarding loan approval, loan structure, and client risk rating. The Commercial Credit Analyst uses thorough and prudent credit analysis as well as sound business judgment to structure Bank debt for meeting client needs.

Functional Area of Focus:

Commercial Underwriting and Analysis

Special projects and other duties as assigned

Responsibilities

Underwriting and Risk Management (30%)

• Partner with Relationship Manager(s) and provide guidance on relevant questions to be asked of the prospective client, provides guidance on financial information to request from the client to underwrite the prospective transaction, and provides guidance and initial thoughts on structuring, utilizing Commercial Credit Analyst Manager and Underwriter as appropriate
• Analyze financial information that is required for prudent loan approval and risk management practices
• Evaluate adequacy of loan structure and makes appropriate loan structuring recommendations; such recommendations may include, but are not limited to, loan term, loan amortization, loan pricing, and loan covenants
• Provides direction and feedback to Commercial Support Specialist(s) and Relationship Manager(s) on proper workflow procedures and adherence to Bank credit policy

Credit Analysis (30%)

• Research borrower industry and market conditions (eMentor, Costar, etc.)
• Analyze borrower and any related entity financial statements
• Analyze guarantor/personal tax returns and financial statements
• Perform complete and accurate cash flow and debt service analysis to include business and global cash flow debt service coverage ratios
• Analyze collateral securing loan request, performing an independent analysis of collateral being offered and whether collateral conforms to Bank guidelines
• Present findings to appropriate loan approval body when necessary
• Develops appropriate questions resulting from credit analysis and provides such questions to the RM in an effort to complete a full underwriting

Credit Request Management (30%)

• Create Credit Request Memo used for credit presentation
• Develop Term Sheets for prospective credit requests as appropriate; prepares all Commercial Appraisal Requests, submitting such requests to Credit Administration for appraisal ordering
• Creates PowerPoint slides for credit presentation (when applicable)

Special Projects/Other (10%)

• Assist and participate in both client and prospect business development call preparation at the direction of the Relationship Manager and Credit Analyst Manager
• Assist with special projects and other duties as assigned

• Assists with other duties as assigned

Qualifications

Knowledge:

Experience in financial services, preferably in a risk management, credit underwriting, or loan production role within a construction lending or commercial banking environment.

Must be able to demonstrate knowledge of loan structuring, covenants, and closing conditions as well as a proficiency in term sheet preparation and collateral perfection. Must possess a clear and demonstrable knowledge of C&I, Commercial Real Estate, and Acquisition, Development, and Construction (AD&C) lending. Strong financial accounting knowledge/background is required.

Skills:              

Demonstrated analytical skills; demonstrated proficiency in the use of standard and specialized computer hardware and software packages such as Microsoft Office; demonstrated strong oral and written communication skills.

Abilities:          

Read and understand a variety of reports, spreadsheets, and forms; effectively communicate information clearly through all media channels; interact effectively with clients and Bank employees at all levels; handle several tasks simultaneously and to work under time limits; must be able to effectively present findings to varied audiences.

Education:          

Bachelor’s degree in Accounting, Finance, or Economics is required; MBA preferred.

Travel required 10% of the time from Richmond to our Operations Center located in Toano,VA.

Physical demands:  

Employee may experience the following physical demands for extended periods of time: view computer monitors, keyboarding, sitting, motion of fingers/hands/wrists, and standing/walking

Work Environment: 

Work is performed in an operational office environment.