Credit Analyst/Credit Analyst II

3 weeks ago

Austin, United States Southside Bank Full time
Job DescriptionJob DescriptionPosition Title:

Credit Analyst/Credit Analyst II

Exempt Status:

Non-Exempt, Full Time Hourly

Reports to:

Commercial Underwriting Manager

Summary of the Job:

Provides credit analysis support by analyzing commercial loan requests, evaluating the financial condition of businesses and individuals, identifying strengths and weaknesses, providing recommendations and noting any deviations from policy as appropriate.

Essential Functions:

  • Evaluates the level of risk posed to the bank from borrowers, transactions, collateral, and industries.
  • Analyzes and evaluates complex financial information, loan data, market data, and other information for companies and industries.
  • Produces analysis for new, renewal and existing loans, using data provided from financial statements, tax returns, industry sources, credit bureaus, and other sources.
  • Prepares memorandums, spreadsheets, reports, summaries and opinions for credit committee and officers for use in lending decisions. These work products may include credit investigations of companies and industries; economic and market conditions; in-depth historical financial analysis; in-depth projected financial analysis; “what if” scenarios that test the reasonableness of projections; collateral analysis; and the financial analysis of individuals.
  • Creates, reviews, and updates new and existing reports for Southside Bank’s loan portfolio analysis and tracking, as needed.
  • Provides technical advice and assistance to loan officers, as needed.
  • Attends meetings, as appropriate, and is available to answer questions regarding credit analysis.
  • May participate in customer meetings, as needed.
  • Maintains knowledge of current and emerging legal, compliance, and market matters involving commercial lending.
  • Participates in special projects and assignments and performs other duties as assigned.
  • Provides enthusiastic, professional, and courteous service to the Southside Bank’s customers and employees.
  • Maintains a positive atmosphere for customers and employees consistent with Southside Bank’s mission and philosophy.
  • Maintains the security and confidentiality of pertinent information and records.
  • Must comply with all applicable laws, regulations, and bank policies.

Required Education/Experience:

  • Required: Bachelor’s degree in business administration from an accredited college or university in finance, accounting or related area. Preferred: MBA or other related advanced degree.
  • Required: Minimum of 9 hours of accounting courses. Preferred: 12 hours of accounting courses, including Intermediate Accounting I or equivalent.
  • Required for Credit Analyst II: Minimum of 2-5 years of experience in commercial credit analysis in a banking environment. This experience should include spreading, financial statement analysis, and drafting comprehensive C&I and/or CRE credit memorandums for large and/or complicated transactions and borrowers. Other professional analytical experience may be acceptable.

Technical Skills:

  • General proficiency in computer applications.
  • Advanced proficiency in Microsoft Excel and an ability to understand and produce complex and professional spreadsheets. Ability to produce thorough and professional written reviews and reports.
  • Excellent technical writing skills. Must be able to clearly, concisely, and accurately relate complicated information in an understandable format.
  • Ability to read, analyze, and interpret the most complex legal and financial documents.
  • Ability to thoroughly research and evaluate information to make decisions and solve problems.
  • Ability to apply principles of logical or technical thinking to a wide range of intellectual and practical problems. Ability to deal with a variety of abstract concepts.
  • Ability to effectively and persuasively write technical memorandums, participate in impromptu discussions, and give speeches covering complex topics to top management, public groups, and/or boards of directors.
  • Ability to work in a high volume environment and meet deadlines.
  • Strong time management skills and an ability to prioritize daily workflow.
  • Ability to respond effectively to the most sensitive inquiries or complaints.

Personal Traits:

  • Must be detail-oriented, analytical, and have a passion for problem-solving.
  • Must have a high level of self-motivation and an ability to work independently with minimal day-to-day supervision.
  • Must exhibit good judgment.
  • Must have a high degree of self-confidence, with the ability to provide justification for decisions and the ability to be flexible in adapting to the needs of various parties.
  • Must be dependable, punctual, and reliable in the production of work.

Physical Activity/Dexterity:

  • Manual dexterity sufficient to reach/handle items and work with fingers. Works with fingers and perceives attributes of objects and materials.

Physical Environment Demands:

  • Must be able to remain in a stationary position 90% of the time.
  • The person in this position needs to occasionally move about inside the office to visit other offices, conference rooms, office machinery, etc.
  • Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
  • Constantly positions self to operate on a computer.
  • The person in this position frequently communicates with other people throughout each day. Must be able to exchange accurate information when conversing.

Working Conditions/Environment:

  • Well-lighted, heated and/or air-conditioned indoor office setting with adequate ventilation.
  • Moderate noise (e.g. business office with computers and printers, light traffic).

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor 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. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

  • Capital Markets Credit Analyst II

    2 weeks ago

    Austin, Texas, United States Farm Credit Bank of Texas Full time

    About Us:Farm Credit Bank of Texas is a prominent wholesale banking institution with a robust portfolio of $37.5 billion, dedicated to supporting agriculture and rural communities across America for over a century. Based in Austin, Texas, we provide essential funding and services to rural lending associations in multiple states while actively participating...

  • Credit Analyst

    4 weeks ago

    Austin, United States augmentjobs Full time

    Job DescriptionJob DescriptionJob Title: Credit AnalystJob Overview: The Credit Analyst will assess the creditworthiness of individuals or businesses applying for credit or loans. This role involves analyzing financial statements, evaluating credit risks, and making recommendations for credit approvals. The ideal candidate will have strong analytical skills,...

  • Senior Credit Analyst

    1 month ago

    Austin, United States augmentjobs Full time

    Job DescriptionJob DescriptionJob Title: Senior Credit AnalystJob Summary: As a Senior Credit Analyst, you will be responsible for assessing creditworthiness and managing credit risk for the organization. Your role will involve evaluating financial statements, analyzing credit data, and making recommendations to ensure sound lending and credit...

  • Financial Credit Analyst

    2 weeks ago

    Austin, Texas, United States augmentjobs Full time

    Job OverviewPosition Title: Junior Credit Risk AnalystAs a Junior Credit Risk Analyst, you will play a vital role in supporting the credit evaluation team by examining the credit reliability of both individuals and corporate entities. Your responsibilities will include scrutinizing financial documents, assessing credit hazards, and aiding in the formulation...

  • Associate Credit Analyst

    4 weeks ago

    Austin, United States augmentjobs Full time

    Job DescriptionJob DescriptionJob Title: Associate Credit Analyst Job Summary:As an Associate Credit Analyst, you will support the credit analysis team in assessing the creditworthiness of individuals and businesses. Your role involves evaluating financial statements, analyzing credit risks, and assisting in the development of credit recommendations and...

  • Summer Credit Analyst

    4 weeks ago

    Austin, United States augmentjobs Full time

    Job DescriptionJob DescriptionJob Title: Summer Credit AnalystJob Overview: We are seeking a diligent and detail-oriented Summer Credit Analyst to join our team for a summer internship. This role offers an opportunity to gain practical experience in credit analysis, assisting with the evaluation of creditworthiness and risk management. The Summer Credit...

  • Lead Credit Risk Analyst

    6 days ago

    Austin, Texas, United States augmentjobs Full time

    Job OverviewPosition Title: Lead Credit Risk AnalystPosition Summary: In the role of Lead Credit Risk Analyst, you will play a crucial part in evaluating the creditworthiness of clients and managing the associated credit risks for the organization. Your responsibilities will include scrutinizing financial documents, interpreting credit information, and...

  • Junior Credit Risk Analyst

    2 weeks ago

    Austin, Texas, United States augmentjobs Full time

    Job OverviewPosition Title: Junior Credit Risk AnalystAs a Junior Credit Risk Analyst, you will play a vital role in assisting the credit evaluation team in determining the financial reliability of both individuals and corporate entities. Your responsibilities will include scrutinizing financial documents, assessing credit vulnerabilities, and contributing...

  • Senior Credit Risk Analyst

    2 weeks ago

    Austin, Texas, United States augmentjobs Full time

    Job OverviewPosition: Senior Credit Risk AnalystThe Senior Credit Risk Analyst will be responsible for the evaluation, management, and reduction of credit risk within the organization’s lending and investment sectors. This position entails formulating and executing risk management strategies, ensuring adherence to regulatory standards, and working closely...

  • Senior Credit Analyst

    3 weeks ago

    Austin, United States Western Alliance Bank Full time

    The Technology Banking Senor Credit Analyst is responsible for spreading, managing and maintaining financial background information on present and prospective technology customers, and assists with underwriting analysis for the Relationship Managers. Credit Analyst, Technology, Lending, Analyst, Relationship Manager, Senior, Banking

  • Senior Credit Analyst

    2 days ago

    Austin, Texas, United States Western Alliance Bank Full time

    About the RoleWe are seeking a highly skilled Senior Credit Analyst to join our Technology Banking group's Asset Based Lending (ABL) credit portfolio team at Western Alliance Bank.Key Responsibilities:Proactively seek workflow tasks from Portfolio Managers and Relationship Managers.Complete accurate financial spreads, borrowing base calculations, financial...

  • Capital Markets Credit Officer II

    1 day ago

    Austin, Texas, United States Farm Credit Full time

    About the RoleWe are seeking a highly skilled Capital Markets Credit Officer to join our team at Farm Credit Bank of Texas. As a key member of our credit team, you will be responsible for analyzing and underwriting assigned participation accounts and offers, as well as servicing such assigned accounts.Key ResponsibilitiesThoroughly analyze and underwrite...

  • Junior Credit Risk Analyst

    2 weeks ago

    Austin, Texas, United States Prosperity Bancshares Full time

    Position OverviewAs a Junior Credit Risk Analyst, you will play a crucial role in evaluating creditworthiness and financial stability. Your analytical skills will be essential in assessing the risks associated with lending and credit extension.Key ResponsibilitiesFinancial Analysis: Conduct thorough analysis of commercial financial statements for both...

  • Credit Analyst Professional

    4 days ago

    Austin, Texas, United States Fitch Group Full time

    About the RoleFitch Group is seeking a skilled Structured Finance Expert to join its team in Austin, TX. As a key member of the Structured Credit group, you will play a critical role in analyzing and rating Collateralized Loan Obligations (CLOs) using proprietary models.Key ResponsibilitiesAnalyze ratings on CLOs using advanced models and techniques.Prepare...

  • Senior Credit Analyst

    3 weeks ago

    Austin, United States Western Alliance Bank Full time

    Job Title: Senior Credit Analyst - Technology Lending Location: Austin, TX What you'll do: The Technology Banking Senor Credit Analyst is responsible for spreading, managing and maintaining financial background information on present and prospective technology customers, and assists with underwriting analysis for the Relationship Managers. Position includes...

  • Capital Markets Credit Officer II

    1 month ago

    Austin, United States Farm Credit Council Full time

    Who we are: Farm Credit Bank of Texas is a $37.5 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation's capital markets. While you may not be familiar with our name, Farm...

  • Structured Finance

    2 months ago

    Austin, United States Fitch Group Full time

    At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and...

  • Credit Analyst

    2 weeks ago

    Austin, United States Hilltop Holdings Full time

    Job Description Benefit highlights: 11 Paid Holidays, 15+ days of PTO, 401k Matching, Health Benefits, and more! The Credit Analyst Banker Development Program will have a start date in Summer 2025 and will participate in our Banker Development Program, which is designed for individuals who wish to pursue a career as a Commercial Banker (Lender). As a Credit...

  • Senior Credit Officer for Capital Markets

    2 weeks ago

    Austin, Texas, United States Farm Credit Council Full time

    About Us:Farm Credit Council is a leading financial institution dedicated to supporting agriculture and rural communities across the United States. With a strong commitment to providing financial resources, we play a vital role in ensuring the sustainability and growth of the agricultural sector.Our headquarters are strategically located, allowing us to...

  • Director of Commercial Credit

    3 weeks ago

    Austin, United States SNI Financial Full time

    We are currently seeking a dynamic leader to lead our Commercial Credit Department.   The Director of Commercial Credit is a key member of the Bank's management team and will be located at our Austin Banking Center. The Director of Commercial Credit oversees the entire lending process, including the initial application and review, underwriting and...