Credit Analyst I at North Dallas Bank and Trust (NDBT)

Dallas, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

25 May, 26

Salary

0.0

Posted On

24 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Spreads, Cash Flow Analysis, Credit Analysis, Loan Underwriting, Financial Analysis, Industry Analysis, Risk Identification, Loan Structure, Repayment Terms, Collateral Analysis, Loan Memorandums, Covenant Monitoring, Loan Review, Microsoft Outlook, Microsoft Word, Microsoft Excel

Industry

Banking

Description

Overview The Credit Analyst’s primary objective is to provide research and analytical support for lending personnel through the preparation, interpretation, and presentation of credit information required by the various lending areas. Credit Analysts actively assist lending officers in the analysis and interpretation of financial information to determine the creditworthiness of current and prospective borrowers. Responsibilities A Credit Analyst I shall be available to assist lenders in the underwriting of loan requests and ongoing monitoring of borrower financial performance. Duties include: Timely preparation of financial spreads and cash flow analysis for analyst and lender review; Discussing the results of financial, collateral, and industry analysis to identify key risks and mitigating factors associated with credit transactions; Ability to recognize, comprehend, and discuss financial concerns and other issues with lender and customer; Attend borrower meetings and support lender through preparation of financial and industry analysis to be discussed with borrower; Understand and discuss loan structure, repayment terms, and collateral with customer and loan officer; Preparation of loan memorandums and loan presentation packages for officer and committee review; Monitor borrower compliance with loan covenants; Assist the Loan Review Officer with the preparation of preliminary data required for loan reviews; Assist officers and more senior analysts with tasks as needed. The Credit Analyst I is an entry level position designed to equip candidates with the knowledge and skills necessary to successfully execute their duties. As a Credit Analyst individuals will participate in internal and external training programs designed to develop financial and credit analysis skills necessary to progress in the position. In addition to training, the employee will assist more senior analysts with duties including those described above. Customer Involvement: As the employee progresses, the position will require a significant amount of customer interaction. The employee will be required to attend borrower meetings with lenders, and provide input as needed. As analytical skills are developed, the customer involvement role will continue to expand. Given this aspect of this position, candidates should adhere to the utmost professional standards and exemplify NDBT’s core values as a representative of the organization. Qualifications Candidate must have at least a Bachelor’s degree (B.A) from a four-year College or University; preferably with a focus in Finance, Accounting, or other area related to the financial services industry. Prior experience working in a financial institution is preferred, but not required. Computer Skills - Light typing skills and sound calculation skills are required with emphasis on effective working knowledge of computerized word processor functions and programs such as Microsoft Outlook, Word, Excel, PowerPoint, or other similar programs. Familiarity with bank reporting systems is preferred but not required. Mathematical Skills - Ability to calculate figures and amounts such as amortization schedules, loan payments, future payoff balances, interest, etc. Familiarity with financial ratios such as Accounts Receivable Turnover, Inventory Turnover, Current Ratio, Working Capital, etc. is preferred but not required. Training provided to Junior Analysts will address financial ratios and how to interpret the data. Location: North Dallas (Preston Rd & I-635/LBJ) Join the NDBTeam! We have a great team of friendly, talented, and inspiring people at NDBT. We take pride in offering exciting opportunities for employees to grow and follow their passions, while providing a great work-life balance as well as job stability. Founded in 1961, NDBT has a long-standing reputation in the community and strives to provide excellent customer service to our customers and communities. NDBT leadership and employees foster and contribute to our environment of mutual respect, accountability, creativity, and teamwork; and at all times to act with integrity, dignity, honor, and fairness. If this sounds like something you would like to be a part of – consider applying today. North Dallas Bank and Trust is an Equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Responsibilities

The Credit Analyst I provides research and analytical support to lending personnel by preparing, interpreting, and presenting credit information to determine the creditworthiness of borrowers. Duties include preparing financial spreads, analyzing risks, preparing loan memorandums, and monitoring borrower compliance with loan covenants.