SENIOR CREDIT ANALYST

Company: Northwest Bank
Location: Buffalo
Posted on: May 16, 2020

Job Description:

PREFERRED EDUCATION, TRAINING AND EXPERIENCE: 4-year college degree in accounting or finance preferred, with 5 to10 years of relevant commercial lending or credit administration experience, specifically related to CRE and C&I lending (7 to 10 years for Grade 15). Demonstrated ability to analyze complex credits (both CRE & C&I) accurately and efficiently. Strong written and verbal communication skills, proven organizational and critical thinking skills, ability to analyze detailed financial data, strong computer skills, including word processing and spreadsheets, excellent interpersonal skills and a team-oriented approach.

GENERAL RESPONSIBILITIES:

This position is responsible for:

* Spreading financial statements,

* Analyzing commercial loan requests and recommending appropriate risk rating.

* Providing recommendations with regard to loan structure and pricing.

* Assessing risk of proposed loans well as existing portfolio loans, and identifying appropriate mitigants

* Remaining current with compliance regulations and economic conditions as they relate to commercial lending

* Identifying and tracking loan policy exceptions

* Completing annual reviews for complex relationships generally over $1,000,000 in exposure

* Completing line of credit renewals of lines part of a relationship over $500,000 in total exposure

* Completing loan modifications for relationships over $500,000 that require full underwriting

* Working with minimal direct supervision and requires the use of independent judgment and decision making

* Working as part of a team

* Working with onsite equipment

ESSENTIAL FUNCTIONS

CREDIT ANALYSIS:

* Preparing the appropriate loan recaps, responsible for 90-95%

* Spreading, reviewing and analyzing financial statements for new loans, maturity extensions, restructures and renewals

* Conducting annual reviews and recommending appropriate risk rating

* Recommending proper loan structure, including covenant formulas and definitions

* Identifying credit strengths, weaknesses and mitigating factors

* Assisting in determining the appropriate level of underwriting and due diligence for the credit's risk profile

* Meeting or exceeding established service level expectations for turnaround times

* Assisting lenders with business development by participating in joint calls as needed

* Maintaining a working knowledge of macro-economic issues in local markets and regional industries

* Reviewing commitment letters for accuracy and alignment with loan approval conditions

ADMINISTRATION:

* Ensuring compliance with Company policies and practices

* Ensuring compliance with Federal / State regulations

* Ensuring compliance with all third party vendors

* Ensuring complete data and document integrity

* Maximizing technology tools available

* Meeting or exceeding established service level expectations

* Reviewing commitment letters for accuracy and alignment with loan approval conditions prior to issuance to customers.

* Preparing management reports as required

* Responsible for all compliance and audit-related matters in area of responsibility

* Participating in special projects as required

* Ensuring the Bank's Credit Risk Policy is followed and report any adverse credit-related trends to upper management

* Remaining current on all banking rules and regulations relating to Credit Administration

* Identifying and tracking loan and credit policy exceptions

PROFITABILITY:

* Recommending fee-generating alternatives

* Suggesting appropriate loan pricing based on credit's risk profile

* Monitoring, developing, and suggesting revisions to workflows and procedures as necessary to enhance efficiency and minimize expenses

* Identifying potential for credit losses and mitigate risk accordingly

SAFETY/HEALTH:

* Being familiar with/abiding by the rules of the safety and loss prevention program

* Performing work tasks in a safe manner

* Reporting any and all injuries to their supervisor

* Knowing what to do in the event of an emergency

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor s legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Northwest Bank, Buffalo , SENIOR CREDIT ANALYST, Accounting, Auditing , Buffalo, New York