Credit Analyst - Financial Institutions
$54,400–$111,500 year
On-siteChicago, Illinois, United States or Charlotte, North Carolina, United States
Job Summary
Monitor credit portfolios by tracking covenants, reviewing financial statements, and running risk rating models to identify emerging risks or negative trends. Draft credit approval memos and review memos for loans, including company descriptions, key risks, and downside case projections. Complete the underwriting process from beginning to end with limited oversight while building proficiency in financial modeling. Prepare portfolio analysis materials and generate pipeline reports for credit leadership and relationship managers. Take appropriate action to resolve data deficiencies and escalate questions as needed. Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
Required Qualifications
- Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
- 2+ years of Commercial Banking credit analysis experience
- Sound Financial and risk analysis understanding
- Ability to develop financial models
- Extensive Knowledge of banking products and services
- Knowledge of corporate business structure and legal documents
- General knowledge of U.S. government and regulation
- Proficiency in internal banking applications
- Strong verbal and written communication skills
- Demonstrated strong problem-solving and analytical skills
- Ability to manage and prioritize multiple tasks while maintaining close attention to detail
- Proficiency in all Microsoft Office software
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