JOB DESCRIPTION: COMMERCIAL CREDIT ANALYST - COMMERCIAL UNDERWRITER

Job Summary:

The Commercial Credit Analyst will play a key role in recommending new credit and extensions of credit through research and analysis of financial data to determine credit worthiness of applicants and the degree of risk involved.

Duties/Responsibilities:

· Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.

· For individuals, performs research to verify employment and income, inspects reports from credit reporting agencies, and reviews FICO scores.

· For businesses, compares to similar businesses in terms of liquidity, profitability, and credit histories.

· Uses computer software to further evaluate customers’ financial status and produce financial ratios.

· Compiles information, completes loan applications, and composes reports detailing the degree of risk involved in loan or credit request; recommends approval or denial based on results.

· Sets interest rate and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.

· Determines the expected profitability of loans by analyzing a business’s financial data including quality of management, income growth, and market shares.

· Resolves customer complaints and verifies transactions through consultation.

· Identifies delinquent accounts through the review of individual or commercial customer files.

· Performs other related duties as assigned.

Required Skills/Abilities:

· Excellent verbal and written communication skills.

· Proficient in Microsoft Office Suite or related software, as well as analysis software.

· Basic understanding of relevant equipment, policies, procedures and strategies used in credit analysis.

· Ability to identify discrepancies and problems.

Education and Experience:

· Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics required.

· Three to five years in a commercial banking environment preferred.

Supervisory Responsibilities:

· None.

Physical Requirements:

· Prolonged periods sitting at a desk and working on a computer.