Credit Analyst II at Bank of Utah

Provo, Utah, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Jun, 26

Salary

0.0

Posted On

21 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Computer Skills, Analytical Skills, Oral Communication, Written Communication, Teamwork, Credit Analysis, Underwriting Guidelines, Risk Rating, Loan Portfolio Analysis, Economic Trend Research, Financial Statement Analysis, Risk Evaluation, Management Reporting, Compliance Review, Federal Regulations, Loan Documentation

Industry

Banking

Description

Thanks for your interest in applying to the Bank of Utah. My name is Mike Wells, and I work as VP Relationship Manager II. As an introduction to our company, the Bank of Utah was founded in 1952, and is one of Utah’s largest privately owned community banks. We were named Nasdaq’s Best Bank in Utah for 2025 and a Top 100 Fastest Growing Company. Our Mission Statement: We strive to unlock the potential of our team members, clients, and community. We act with integrity in every decision, build trust through every interaction, and exceed expectations at every opportunity. We seek to responsibly create lasting prosperity today and for generations to come. Job Opening Details: If our mission statement piques your interest, we encourage you to apply for the currently open position of Credit Analyst II to work Monday - Friday at our Branch located at 3670 N University Ave. Provo, UT. This Credit Analyst is responsible for Evaluating individual credits for compliance with underwriting guidelines and accuracy of risk rating. Analyzes bank’s loan portfolio for deterioration in quality. Researches local and national economic trends and interprets the potential impact on the loan portfolio. Analyzes and spreads customer financial statements. Evaluates risks in the loan portfolio and prepares management reports on the status of the loan portfolio. Job Qualifications: * Good computer skills including but not limited to those found in a Windows environment. * Good analytical, oral and written communication skills combined with the ability to present information in a clear and concise manner. * BS Degree in Accounting or Finance, or equivalent work experience * 2 years equivalent experience. * Ability to work in a team setting. Benefits of Working with Us: Bank of Utah's comprehensive benefits package includes: * Great work-life balance, with a Monday-Friday schedule * Competitive pay and benefits, including medical, dental and vision plans * 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met) * 12 paid bank holidays + paid time off, including paid parental leave * Volunteer opportunities to make a difference in the communities where you work and live * Awards and recognition to celebrate you and your colleagues for living the bank's values Job Description: * · Review Bank Loans. Critiques and evaluates loans for deterioration in credit quality. Scrutinizes individual loan files for compliance with Bank policy, federal regulations, completeness and accuracy of loan documents, financial strength of borrower, strength of collateral position and accuracy in risk grading. Identifies weakness in credits for potential problems and/or losses and recommends corrective actions. Research economic information and monitors economic trends in the major industries affecting our loan portfolio and determines if additional risks to the bank have occurred. * Analyze Borrower's financial position. Spreads and analyzes borrower's financial statements and prepares written summaries of findings for use by Loan Officers on applications for new loans and annual renewals. Analyzes and compares borrower financial performance to peer groups using national statistics. Conducts full loan analysis, including industry and local economic trends and risks, of selected borrowers. Preparation of Prescreen on existing and prospective Borrowers. * Portfolio Risk Analysis. Researches and analyzes information relative to the bank’s risk in identified areas of loan and industry concentrations. Prepares management reports of specific economic or market trends affecting the bank’s loan portfolio. Conduct annual evaluations of large credits. Performs an examination and evaluation of individual loan officer and/or branch loan portfolios. * Prepares various management reports as assigned by department management. * Attendance is an essential function of the job. * Other duties as assigned.

Responsibilities

This role involves evaluating individual credits for compliance with underwriting guidelines and analyzing the bank's loan portfolio for quality deterioration, while also researching economic trends and preparing management reports on portfolio status. Responsibilities include scrutinizing loan files, identifying weaknesses, recommending corrective actions, and analyzing borrower financial positions through statement spreading.