Credit Analyst II

Job Description

Job Description

Position Summary

Responsible for the quantitative and qualitative analysis of applicants' requests for commercial loans. The incumbent will assess the character, capacity, capital, collateral, and conditions of loan requests and will prepare the credit proposal packages recommending the appropriate product and loan structure to manage credit risk.

Essential Functions

• Analyze customer financial condition.
• Assist with loan packages from the time it enters underwriting until the approval is complete and file is sent to the closing department.
• Make a credit recommendation based on credit findings.
• Assist relationship managers with loan committee presentations.
• Minimize risk by establishing appropriate credit terms and conditions.
• Analyze paying habits of customers who are delinquent in payment of bills and recommends action.
• Provide excellent customer service and develop relationships with internal/external customers, vendors and COI's.
• Participate in department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives.
• Actively participates in and communicates with members of the credit administration and other bank departments.
• Complete loan write-ups for new loans and renewals.
• Order reports such as Credit Bureau reports, appraisals, environmental reports, and D&B's.
• Complete memos for changes in approvals and other pertinent issues.
• Prepare commitment letters for newly approved loans.
• Be a mentor to level 1 credit analysts.

Additional Functions

• Participate in process improvement projects.

Job Requirements and Qualifications

• Job requires strict attention to details and thoroughness in the completion of job duties.
• Job requires thorough analysis of information and use of logic to address complexity of date and information.

Education and Experience

• Bachelor's degree in accounting, finance, business, or related field, or equivalent years of relevant work experience in credit administration.
• Three - five years of experience in a financial institution's commercial loan department.
• Credit trained preferred

Licenses and Certifications

• N/A

Knowledge, Skills, and Abilities

• Intermediate knowledge of credit underwriting concepts.
• Knowledge of the SBA program preferred
• Fundamental knowledge of accounting, finance, and economic principals.
• Excellent oral and written communication skills.
• Excellent computer skills in a Microsoft Windows environment including proficiency in Microsoft Word, Excel, Outlook and PowerPoint.
• High reasoning skills including the ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to read, analyze, and interpret financial statements, collateral, cash flow, projections, personal financial statements, tax returns, and varying balance sheet and income statement ratios.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of basic algebra.
• Ability to read, analyze, and interpret legal documents, governmental regulations, and professional publications.
• Ability to effectively present information and respond to inquiries from groups of managers, employees, vendors, government agents, and the general public.
• Ability to write reports and business correspondence.
• Ability to work independently with little supervision.

Physical Requirements

• Ability to sit for long periods of time up to 75% of work hours.
• Ability to use hands to grasp, handle, or feel.
• Ability to use computer keyboard and system to enter data and process information.
• Ability to talk, hear, and see.
• Ability to use telephone to communicate with customers and employees.
• Ability to use office equipment such as teller scanner, personal computer, telephone, Blackberry, copier, fax machine, adding machine, etc.
• Ability to lift up to 20 lbs. at least 10% of work hours.

Working Conditions

• Moderate sound as in business office with office machines, computers and people traffic.

Compliance

• It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job , unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.