Credit Analyst at ChoiceOne Bank

Muskegon, Michigan, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Jun, 26

Salary

0.0

Posted On

11 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Critical Thinking, Financial Statement Spreads, Ratio Interpretation, Real Estate Evaluation, Risk Scorecard Calculation, Risk Rating Recommendation, Credit Information Collection, Loan Package Preparation, Credit File Maintenance, Loan Reporting, Client Contact, Loan Officer Assistance, Bank Policy Compliance, Bank Secrecy Act Compliance, USA PATRIOT Act Compliance, Banking Regulations Compliance

Industry

Banking

Description

Description Credit Analyst Status: Exempt – Grade Level 5 Equal Employment Opportunity Corporate Values & Mission “Provide superior service, quality advice and show our utmost respect to everyone we meet.” General Summary Performs a variety of commercial loan support services, including numerous duties which facilitate and safeguard the lending function. Reports To: Credit Analyst Team Lead Essential Duties and Responsibilities Use critical thinking to conduct thorough risk analysis of applications for commercial credit. Construct financial statement spreads and understand and interpret key ratios. Complete thorough real estate evaluations on various property types. Responsible for calculating risk scorecard and recommending risk ratings. Collect credit information for preparation of commercial loan package. Provide an analyzed, researched, and documented package for review by supervisor, officers, committee, or Board as appropriate. Maintain complete and orderly credit files on loan customers and obtains credit information on borrowers. Maintain various loan/departmental reports. Contact clients as necessary. Assist loan officers as requested. Working knowledge of and compliance with policies and procedures of the Bank. Additional responsibilities as assigned. Be familiar with and comply with the provisions of the Bank Secrecy Act and USA PATRIOT Act as they relate to the functions of this position. Complete all required reports related to those acts and reports any observed violations or potential violations of those acts to a supervisor or other appropriate bank officer. Be familiar with and comply with all federal and state banking regulations as applicable. Qualifications To perform this job successfully, an Individual in this position must be able to perform each of the above essential duties satisfactorily and exhibit the values of the Company. In addition, the requirements listed below are representative of the knowledge, skill and/or ability required. Experience and/or Education Bachelor's Degree in finance, accounting or other related field preferred. Minimum of one (1) year Credit experience required Minimum of one (1) year commercial loan experience preferred (SBA, FSA, participation, and construction knowledge helpful). Competencies Written and Oral Communication – Effective written and oral communication skills required, with the ability to interface with Internal and external stakeholders and community partners. Has group presentation skills. Quality – Demonstrates accuracy and thoroughness; monitors own work and the work of others to ensure quality. Analytical – Synthesizes complex and diverse information; collects and researches data; uses intuition and experience to complement data. Judgment – Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; includes appropriate people in decision-making process. Makes timely decisions. Project Management – Develops project plans; coordinates projects; communicates changes and progress; completes projects on time ad budget; manages project team activities. Initiative – Undertakes self-development activities; takes independent actions and calculated risks; looks for and takes advantage of opportunities; asks for and offers help when needed. Physical Demands and Work Environment Ability to work in an office environment which may include many hours of computer and telephone usage. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodations.

Responsibilities

The Credit Analyst performs various commercial loan support services, facilitating and safeguarding the lending function through thorough risk analysis and documentation preparation. Key duties include constructing financial spreads, calculating risk scores, and maintaining orderly credit files for loan customers.