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Sr. Credit Analyst

AUSTIN, TX

Purpose of Position:

Assists the Bank’s Relationship Managers/Bankers in review of complex professional and executive, commercial business and commercial real estate credits/relationships through independent commercial credit analysis and preparing written presentation (credit memorandum, credit requests and /or completion of annual reviews) for credit approvals.

Analyze and underwrite commercial credit requests with little supervision. Conducts credit investigations, spreads financial statements, and analyzes routine credit information pertaining to loans; assists in the preparation of credit information for presentation to loan officers or committees; furnishes information in relation to credit inquiries; provides assistance to loan officers as requested.

Key Accountabilities:

• Completes the required assignments as defined in the Banker Development Program [BDP]–Phase II.
• Analyzes pertinent credit and industry information collected from the various credit reporting agencies, other companies, main office files, branch personnel, RMA and the internet.
• Spreads and analyzes financial reports including but not limited to year-end financial statements, interim financial statements, accounts receivable and accounts payable agings, etc. from the loan officers, borrowers, or borrowers’ accountants.
• Determines the need for more thorough investigation or additional information.
• Participates in discussions with and/or calls to existing customers or potential customers.
• Prepares written detailed analyses, presents facts and offers opinions concerning credit-worthiness of borrowers.
• Provides credit information and references for customers, loan officers, or other agencies as requested by:
• Ensuring that all credit files are kept current with latest financial statement, agency reports, etc.
• Contacting all available sources of information.
• Assembling all pertinent information and reports.
• Keeps abreast of current trends within the industry by maintaining peer relationships, attending seminars, workshops and reading industry periodicals.
• Under supervision compiles the minutes of the Officers’ and Directors’ Loan Committee Meetings.
• Attends and participates in various committee meetings.
• Assists with collateral inspections.
• Assumes additional duties and responsibilities as requested.

Work Experience Requirements:

• 12 months of commercial credit analysis experience and reasoning skills in a financial institution.
• Prepare written presentations (credit memorandum, credit requests and /or completion of annual reviews) with supporting analytical reports.
• Above average interpersonal skills.
• Self motivated to work in an on-the-job training environment.
• 2-3 years of strong commercial credit analysis experience in a financial institution is preferred.

Education Requirements:

• Bachelor’s degree which includes 9 hours of Accounting, 12 hours of Finance.
• Bachelor’s degree in Accounting or Finance is preferred.
• Above average, 3.0 or better GPA preferred.

Other Qualifications:

• Strong computer and keyboarding skills; Word and Excel or other spreadsheet experience necessary.
• Prior use of financial analysis software.