Credit Risk Specialist
4 weeks ago
We are seeking a skilled Credit Risk Specialist to join our team at Trustar Bank. The ideal candidate will have a strong background in commercial credit analysis and be able to assess customer credit and risks in connection with commercial loans.
The successful candidate will be responsible for independently gathering and analyzing business and financial records, making determinations and recommendations on commercial credit decisions, credit risk, and loan approvals. They will also be responsible for following all established policies and procedures for the Bank.
Key Responsibilities
- Participate in pre-credit discussions and analyze initial credit requests.
- Develop and perform information needs assessments and identify necessary documents for credit and risk reviews.
- Underwrite loans by reviewing financial statements, tax returns, and other business records.
- Conduct credit, financial, and industry analysis to determine credit risk.
- Structure loans or review and recommend structure, terms, and pricing for commercial loans.
- Identify and evaluate risks and mitigates, and make determinations and recommendations on credit risk grade.
- Monitor borrowing base/covenant compliance and approve advance requests on Line of Credit.
- Partner with Loan officers to ensure proper loan documentation and financial information.
- Order and review property appraisals to evaluate collateral value.
Requirements
- Bachelor's Degree in business administration, finance, or related field.
- Minimum three to five years of experience in commercial and real estate credit analysis.
- Thorough understanding of financial accounting, loan structuring, legal, compliance, and market risk issues.
- Interpersonal skills and ability to prioritize multiple tasks.
- Ability to work independently and excellent written and verbal communication skills.
- Proficiency in MS Office (Word and Excel).
We offer a competitive benefits package, including a NO Deductible health care plan, a strong 401(k) with discretionary company match, LifeLock premier for all employees, and a generous PTO plan. We are an equal opportunity employer and an in-office position in a professional environment.
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