Commercial Credit Analyst

TITLE: Commercial Credit Analyst

LOCATION: Headquarters

REPORTS TO: Commercial Credit Officer

CLASSIFICATION: Full Time, Exempt

PAY GRADE: EX 55 ($58,459 - $85,000 annually)

AVAILABILITY: Monday-Friday 8:00am-5:00pm

Position Summary:

Responsible for providing analytical support to the Commercial Loan approval and credit renewal processes by assembling, analyzing, and organizing relevant data in an objective and independent manner.

Essential Job Functions:

1. Analyze new loan requests including review of financial, organizational, industry and competitive data within provided formats, to ensure appropriate and timely credit decisions are recommended and presented for approval.
2. Complete required annual credit reviews, term loan reviews, monitoring of covenants and evaluation of risk rating grades and credit scores as part of the ongoing due diligence of the commercial portfolio.
3. Review commercial loan requests for completeness. Gather necessary supporting financial information, reports, and other data necessary to analyze credit requests in the preparation of applicable underwriting documents.
4. Determine the sufficiency of both business cash flow, and global cash flow of the borrower and guarantors. Analyze collateral and guarantor strength and review loan request conformance to Bank policies.
5. Attend customer calls with lender upon request.
6. Utilize the Bank’s software programs to spread financial statements, analyze cash flow, obtain operating ratios, test covenants, compile industry comparisons, and recognize and analyze trends to determine the viability of requests.
7. Assemble and maintain commercial credit files and maintain the imaging system.
8. Utilize public and institutional data to compile compliance data on loans, responsibility to order Credit Reports, Business Reports, Tax Searches and other analytical and compliance related data as needed.
9. Provide back up support for colleagues, when necessary.
10. Use knowledge of the bank’s services to develop and/or refer potential customers to the appropriate business development or sales officer.
11. Perform additional duties as assigned.

Education & Experience:

1. Bachelor’s Degree in Business, Finance, or Accounting required.
2. Two (2) years’ experience in a Commercial Credit Analyst position preferred.
3. Five (5) years’ experience as a Commercial Credit Analyst can be substituted for the educational requirement.
4. Must possess a high level of analytical ability and proficiency in Word, and Excel. Expectation to become proficient in the use of Bank systems and use of the Internet to complete research.
5. Individual should be experienced in analyzing financial statements and making industry evaluations.
6. Flexibility with regard to work schedule (some evenings and Saturdays) and able to meet deadlines.
7. Transportation between local offices required.

As an Equal Opportunity / Affirmative Action Employer, Pioneer Bank will not discriminate in its employment practices due to an applicant’s race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law.

The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.