Business Credit Evaluation Specialist

2 weeks ago


Hattiesburg, Mississippi, United States FIRST BANK MCCOMB MISSISSIPPI Full time
First Bank

Commercial Credit Analyst Job Overview

Job Summary: The Commercial Credit Analyst is responsible for evaluating business and individual financial documents to ensure compliance with GAAP and internal credit policies. This role involves utilizing financial analysis software to assess the creditworthiness of loan applicants and supporting the loan review process to maintain the quality of the Bank's loan portfolio.

Key Responsibilities:
  • Analyze and interpret various financial statements and tax returns.
  • Review loan applications for accuracy and completeness.
  • Assist loan officers in gathering necessary documentation.
  • Conduct independent reviews of loan relationships with significant exposure.
  • Spread and evaluate financial data from commercial clients and personal guarantors.
  • Compile and document loan information into standardized review forms.
  • Identify any exceptions to policy within reports.
  • Provide recommendations for credit grading based on thorough analysis.
  • Maintain communication with loan officers regarding any issues with assets.
Qualifications:
  • A college degree (BS or BA) in a relevant field is preferred.
  • One to three years of experience in credit analysis or a related area.
  • Strong understanding of regulatory requirements and financial analysis.
  • Excellent analytical skills and research capabilities.
  • Ability to manage multiple deadlines effectively.
  • Strong interpersonal and communication skills, both written and verbal.
Work Environment:
This position requires a commitment to confidentiality and a team-oriented mindset. Employees are expected to engage positively with colleagues and clients, promoting a collaborative atmosphere.

Additional Responsibilities:
This job description is not exhaustive and may be subject to changes as deemed necessary by management.

Statement of Understanding:
Employees are expected to adhere to the outlined duties and responsibilities, which may be revised periodically.

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