Financial Risk Analyst
2 weeks ago
Company Overview:
Enterprise Bank & Trust is a leading financial institution that has been serving its customers for many years. Our commitment to helping businesses succeed and our communities thrive has made us a trusted partner in the industry.
About the Job:
We are seeking a highly skilled Financial Risk Analyst to join our team. This individual will be responsible for analyzing commercial credit risks, identifying potential issues, and developing strategies to mitigate them.
Job Description:
The Financial Risk Analyst II will develop analytical and underwriting skills to evaluate all risks associated with commercial credit. This includes identifying and monitoring credit quality trends to assist in the preparation of commercial lending relationship presentations, vendor reviews, annual term loan reviews, and other underwriting products as warranted.
Key Responsibilities:
- Investigate all available sources of credit and financial information
- Prepare summaries, present facts, and offer opinions concerning credit-worthiness
- Handle moderately complex issues and problems, and refer more complex issues to higher-level staff
- Possess solid working knowledge of subject matter
- Prepare loan approvals, annual reviews, and credit analysis for new requests, in addition to modifications and short-term extensions of existing loans
- Prepare and spread business financial statements and cash flows, in addition to personal financial statements and cash flow for personal guarantors
- Verify covenant compliance
- Conduct analysis on accounts receivable and accounts payable aging reports, work-in-progress reports, and borrowing base certificates
- Participate in discussions with direct manager regarding creditworthiness of proposed loan requests
- Conduct third-party research, inclusive of industry reports, personal credit reports, real estate analysis with market assessments, etc., as appropriate
- Prepare reports and handle special assignments as warranted
Requirements:
- Possess solid working knowledge of subject matter
- Perform work under supervision of direct manager
- Experience using spreadsheet software
- Moderate understanding of accounting, statistics, and economics
- Previous experience as a credit analyst
- Understanding of commercial credit, market trends, and loan procedures
- Detail-oriented
- Ability to analyze and think critically
- Skills in quantitative analysis
- Ability to manage time and multitask effectively
- Ability to communicate effectively
- Ability to conduct research on financial topics and present accessible reports to colleagues with differing backgrounds
- Capable of making high-stakes decisions and negotiating effectively, under the guidance of direct manager
- Ability to establish and maintain internal relationships, as well as strong interpersonal skills
- Acumen for business
- Discretion and dedication to protecting sensitive information
- Excellent analytical, verbal, and written communication skills
- Knowledge of various applications and business intelligence/database tools
- Worked on multiple projects within expected timelines
- Ability to work cohesively in a team
- Demonstrated understanding of various business intelligence/database tools and applications
Compensation:
The estimated salary for this position is $65,000-$85,000 per year, depending on experience.
Benefits:
We offer a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.
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