Credit Analyst

Credit Analyst American Bank Allentown, PA Job Details Full-time 16 hours ago Benefits Health insurance Dental insurance 401(k) Flexible spending account Tuition reimbursement Paid time off Vision insurance 401(k) matching Life insurance Retirement plan Qualifications Customer service Writing skills Bachelor's degree Attention to detail Organizational skills Credit analysis

Full Job Description Job Title:

Credit Analyst Functions:

The Credit Analyst will assist our commercial lending function in the credit decision process by obtaining, analyzing, and preparing credit details for our Commercial Lending Team. This position will play an integral part in ensuring our credit decisions are completed accurately and timely.

Responsibilities:

1. Support commercial lending by assisting in the credit decision process: Obtain and analyze prospective borrower financial information. Develop and maintain expertise in credit analysis tools and software; prepare financial spreads using such software and complete financial analysis. Prepare credit approval write-ups including borrower background, description of transaction, collateral analysis, financial analysis, risk factors, and mitigants. Make recommendations to Loan Officers and report any credit concerns to Chief Lending Officer. Obtain credit reports, searches, appraisals, and environmental studies; evaluate and identify potential risks. Provide support to Loan Officers and Consumer Lending staff including contact and coordination with prospects and customers. Participate in Senior and Director Loan Committee meetings as needed. Monitor the Commercial Lending's maturities list, renewal dates, and annual review dates; proactively address these borrowers and dates. 2. Support the administration of the commercial and consumer loan portfolios: Monitor borrowers' compliance with financial covenants and reporting requirements; coordinate with Loan Officers to contact customers and obtain information as required. Monitor compliance with various federal and state consumer compliance regulations applicable to lending, including Reg. B, Reg. O, Reg. Z, Fair Lending, RESPA, Appraisal Reviews, and HMDA. Prepare, maintain, and/or review various portfolio management reports including but not limited to new loans, loan changes, delinquencies, and payoffs; maintain the Watch List with historical and tracking information for loans classified as "Special Mention" or worse and for loans classified as "Impaired". Monitor and track any required information as it relates to the specific requirements of a borrowing relationship as needed. Serve as a customer service representative for commercial borrowing customers, and coordinate services with retail banking representatives and others within the organization. 3. Maintain a working knowledge of Bank policies and procedures, and regulatory requirements, as concerns the lending functions. 4. Maintain a high standard of knowledge relating to bank compliance regulations, bank policies and procedures, including related Bank Secrecy Act policies and procedures to ensure regulatory compliance. 5. Perform other duties in a professional capacity as required.

Additional Requirements:

A minimum of three years' analyst or accounting experience with a bachelor's degree preferred. While the incumbent must work closely with all members of the organization, he or she is expected to work with a strong degree of initiative and independence regarding assigned responsibilities. Organizational skills, writing skills, effective interpersonal skills, and a strong work ethic are also necessary to effectively carry out assigned responsibilities and meet deadlines. Strong attention to detail is required. The incumbent must also demonstrate the ability and willingness to accept changing priorities and assume different or additional responsibilities based on the needs of the organization. American Bank is an equal opportunity employer.

Job Type:

Full-time Benefits:

401(k) 401(k) matching Dental insurance Flexible spending account Health insurance Life insurance Paid time off Retirement plan Tuition reimbursement Vision insurance

Work Location:

In person