| Location: |
West Coast/Northwest (CA, OR, WA, AK & HI) |
| Salary Range: |
75,000 - 90,000 |
| Total Compensation: |
90,000 - 105,000 |
| Job Description: |
1 Successfully spread and analyze business financial statements and/or tax returns using Moody’s or similar program and have an understanding of cash flow reports, financial ratios, trends, etc. Also spread personal financial statements and be proficient in cash flow analysis (spreading individual tax returns). Analyst must be able to identify recurring and non recurring sources of cash flow and guarantor’s ability to debt service. 2 Run credit reports on companies and individuals to assist in the analysis process. Conduct research on specific industries or companies to assist Business Bankers. 3 Complete start-up sheet and set up (originate) loans (currently). Track for Reg B requirements: client contact, incomplete letters, etc. 4 Order and review formation documents & UCC searches (if applicable) for Borrowers. 5 Order loan documents and review documentation for consistency and accuracy of Credit Narratives. This requires working with the Borrower, Commercial Loan Operations, and in some instances, outside legal counsel. 6 Monitor existing credit facilities for financial and reporting covenant compliance. Review the covenant log to ensure updated financial information and covenant compliance. Notify Borrower and Guarantor when loans are in default and to update information. Correspond with Credit Administration on waivers, amendments, etc. Be able to identify problem loans and work with Business Bankers and Credit Administration to take appropriate action. 7 Create, maintain, and monitor all loan and credit files. 8 Assist and work with clients on all levels of the business banking relationship, including: loan advances and payments, collecting loan and legal fees, calling on delinquencies, assisting clients with various loan and deposit related inquiries, credit ratings, etc. Remedy or submit requests to the proper departments and follow up to ensure timely execution. 9 Be proficient in Microsoft Office, Bisys, AFS Level III, and Moody’s. 10 Perform duties and responsibilities specific to department functions and activities. 11 Performs other duties and responsibilities as required or assigned by supervisor. 12 Underwrite credit narratives for new facilities as well as for renewals, modifications and short-term extensions. This includes financial and risk analysis, FRB strategy, purpose of loan, repayment sources, collateral, financial & reporting covenants, and company summary. Analyst must have experience and be able to successfully underwrite business banking credits ranging from simple to complex. |
| Education and Certifications/Licenses: |
None, None, None |
| Mandatory Minimum Qualifications: |
5 years commercial and real estate underwriting experience. Proficient in Microsoft Office, Bisys, AFS Level III, and Moody’s. |
| Preferred Qualifications: |
|
| Benefits: |
|
| Overnight Travel: |
|
| Relocation Assistance: |
No |
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