Commercial Credit Analyst
The Symicor Group
full-time
Posted on:
Location Type: Office
Location: Melrose Park • Illinois • 🇺🇸 United States
Visit company websiteSalary
💰 $92,000 per year
Job Level
Mid-LevelSenior
About the role
- Process daily credit transactions per credit policy and procedures and maintain records and files on all credit transactions, including correspondence and documents
- Perform in-depth financial analysis (spreading and analyzing financial statements)
- Receive and review data on prospective and active borrowing accounts (financial statements, tax returns, agency and credit reports, interview and investigation sheets)
- Analyze data and evaluate short- and long-run prospects of individuals or companies
- Make recommendations to appropriate personnel on granting or denying loans
- Prepare sufficient information and documentation to support recommendations when assigned to a lending function
- Suggest loan grades after conducting thorough credit analysis and documentation review
- Ensure all credit analysis activities comply with prescribed lending policy
- Provide thorough documentation of financial analysis work, including ratios, cash flow, and collateral analysis
- Accompany Commercial Lenders on customer meetings when needed
- Provide leadership, on-the-job training, and technical guidance to other credit analysts
- Perform all other duties as assigned
Requirements
- Bachelor’s Degree in a related field preferred; specialized financial analysis training
- Five or more years of experience as a Credit Analyst required
- Experienced in preparing credit presentations
- Able to manage/process/track annual reviews of the necessary credits
- Thorough knowledge of current lending and loan review regulations and banking regulations, procedures, and operations
- Proficient ability to analyze and interpret financial statements
- Excellent written and verbal communication skills
- Strong organizational skills with an eye for detail
- Ability to multi-task
- Adept with spreadsheet and word processing software as well as experience working in a digital office environment
Benefits
- Full benefits package
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial analysiscredit analysisfinancial statement analysisloan gradingcash flow analysiscollateral analysiscredit presentationsdata evaluationcredit policy compliancedocumentation preparation
Soft skills
leadershipcommunicationorganizational skillsattention to detailmulti-taskingtechnical guidancetrainingrecommendation makinginterpersonal skillsanalytical thinking
Certifications
Bachelor’s Degree in related fieldspecialized financial analysis training