Credit Analyst III

About this role

• About the Role: Come join the Layton Hills Branch Credit Team!
• The Credit Analyst position is responsible for reviewing documentation for Commercial Loan applications and perform thorough analysis of financial and credit information to determine viability of request within the parameters of established policies and procedures and applicable regulatory guidance.
• The Credit Analyst will analyze balance sheets, personal financial statements, tax returns, income statements, cash flow statements, and other information using trend, ratio, leverage, projection, and stress techniques to determine adequacy of repayment sources.
• This position reviews appropriate documents to determine viability of proposed collateral, including appraisals and other evaluations, leases, title reports, as well as take the lead with the analysis of large and/or complex credits.
• **DUTIES AND RESPONSIBILITIES:** * Perform thorough analysis of all credit, financial, and cash flow information to determine viability of repayment for all commercial loan requests * Determine Borrower and Guarantor character and creditworthiness utilizing information from various sources, including personal and business credit reports, legal forums, publications, and internet sources.
• * Assess and determine repayment ability of all borrowers and guarantors, and from a global perspective through in-depth analysis of tax returns and financial statements, including balance sheet, income statement, direct and indirect cash flow statements, using trend, cash flow, ratio, leverage, and projection analysis, which includes stress testing cash flow using various criteria such as changes in interest rate and vacancy.
• * Review documentation to determine viability and adequacy of collateral including methods of valuation such as conforming appraisal reports, environmental studies, title reports, UCC searches, leases, and industry and market data, demonstrating an understanding of appropriate methodologies.
• * Review and analyze other legal documents such as wills, trusts, corporation articles and by-laws, partnership agreements, and other information as necessary to fully underwrite the loan.
• * Assemble and organize pertinent information to assist Loan Officer in completing Credit Presentation for submission to Commercial Credit Administration and/or Commercial Loan Committee.
• Credit Presentation should contain all information necessary for Approving Officers to make an informed recommendation, including Borrowing Cause, Borrower structure and background, all repayments sources, financial statement analysis, collateral analysis, identification of all repayment sources (primary, secondary, and tertiary) analysis of risks to repayment, mitigating factors, recommendation for loan structure, pricing, repayment terms, loan risk grade, and covenant / annual review requirements.
• * Possess thorough knowledge and understanding of Loan Policy and related Procedures and appropriate regulatory guidance.
• * Assist Loan Officers in performing Annual Reviews of existing loans in accordance with established policies and procedures.
• **ADDITIONAL RESPONSIBILITIES:** * Regular and predictable attendance in order to accomplish, among other things, in-person contact with customers * Represent FCBU in a professional manner which includes a professional image, confidentiality, a positive "can-do" attitude, punctuality, flexibility, and adaptability in meeting bank and customer needs.
• Keep work area tidy and maintain customer privacy.
• * Responsible for timely completion of all required compliance and security training implemented by GBCI and FCBU * Must comply with applicable laws and regulations, including but not limited to: the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control * Adhere and support the FCBU Values & Purpose * Keeps management appropriately informed of area activities and of any significant problems * Provide superior internal and external customer service: must demonstrate self-governance, courtesy and respect towards external customers as well as internal customers (all organization personnel) * Professionally answer phones within a timely manner, greeting all customers, learning their names, discussing reasonable solutions by having a solid understanding of bank products and services, demonstrating leadership to resolve customer issues and provide relevant assistance while being courteous and respectful * Attends and participates in weekly or bi-weekly One-on-Ones, as well as meeting and trainings as required.
• Promote behaviors to support and track Key Performance Indicators * Additional duties as requested or assigned About You: **QUALIFICATIONS:** * Level III: 5 years of related experience (including preparatory experience) * Bachelor's degree from an accredited institution in business, accounting, finance, economics, or related certification ***First Community Bank of Utah will*** ***conduct a credit and background screening as a part of the pre-hire process.*** **SCHEDULE:** (Full-Time) Monday - Friday 8:00am - 5:00pm **K****NOWLEDGE, SKILL, ABILITY:** * Strong interpersonal skills, obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogue, as well as a professional level of communication * Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team.
• * Ability to make sound decisions, build relationships and work with a variety of clients, employees, and management.
• * Capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public.
• Must be capable of exercising highest level of discretion on both internal and external confidential matters.
• * Ability to maintain a well-organized and efficient workflow * Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace.
• Must be able to effectively handle multiple, simultaneous, and changing priorities.
• **WORK ENVIRONMENT:** Primarily at a desk, with occasional local travel.
• No hazardous or significantly unpleasant conditions (such as in a *typical* office) **PHYSICAL DEMANDS:** The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is often required to: stand, walk, and lift/reach/indicate with hands and arms, and talk or hear / listen.
• The employee is occasionally required to: sit, use hands in repetitive motions to finger, grasp, handle or feel.
• Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators.
• Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary.
• Must be able to work extended hours or travel off site whenever required or requested by management.
• Must be capable of regular, reliable and timely attendance.
• Must be capable of climbing / descending stairs in an emergency situation.
• Specific lifting abilities required by this job include: Occasionally may require lifting of up-to 10 lbs.
• Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

Key skills & tools

View & apply

Links open in a new tab. jobhustl never applies on your behalf - you always go to the employer.