Salary
💰 $76,405 - $90,000 per year
About the role
- Spread, manage and maintain financial background information on present and prospective customers and develop credit studies for Loan Officers, Chief Credit Officer and Executive Management.
- Manage spread assignments, conduct financial analyses, and maintain related records and files.
- Prepare a variety of credit department reports and in-depth reports providing plans of action based on qualitative and quantitative research.
- Support the Credit Administration team in analyzing credit and collateral information to determine lending risk.
- Collect, organize, and analyze company financials to ensure Bank compliance and update the Bank’s systems accordingly.
- Work directly with clients to resolve compliance issues and operational inquiries.
- Review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures.
- Collaborate cross-functionally to execute treasury management products, foreign exchange instruments, derivatives and related legal documents.
- Produce loan packages for new and restructured loans and monitor loan disbursements to ensure compliance with Bank regulations.
- Facilitate reporting and requests with third parties such as field auditors and appraisers.
Requirements
- 2+ years of related experience in Accounting, Finance or Economics or similar field.
- Bachelor's degree or equivalent experience required.
- Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Entry level to intermediate knowledge and understanding of financial statements and ability to analyze business and financial data.
- Strong analytical, conceptual, communication, leadership, and organizational skills.
- Ability to self-motivate and work productively without supervision.
- Intermediate speaking and writing communication skills.