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First United Bank · 1 day ago

Credit Analyst I

Frisco, TX

Full-time

Onsite

Entry Level

1+ years exp

First United Bank is seeking a Credit Analyst I to analyze and monitor the financial condition and credit worthiness of individuals and businesses applying for credit. The role involves preparing reports, managing financial information files, and providing technical advice to Loan Officers.

BankingFinancial ServicesInsuranceLending

Responsibilities

Analyzes all relevant loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions, and First United’s files

Prepares thorough and concise memo’s, spread sheets, reports, summaries and opinions for Loan Officers on new, renewal and existing loans within established deadlines

Effectively manages the bank’s exposure to identified risks, and recommends appropriate structure for transaction in accordance with First United’s credit policy

Oversees and manages financial information files to assure current reports, statements, accounts receivable and other information on customer accounts, and notifies Loan Officers of any potential problems in a timely manner

Establishes, reviews and updates new and existing loan files for the Bank on a regular basis

Provides technical advice and assistance to Loan Officers

Performs credit inquiries

Effectively communicates with Loan Officers and Bank Management in a clear, accurate, and concise manner

Generates solutions to problems and suggests alternative solutions when necessary

Contributes to Bank-wide projects while following specific and detailed instructions in a timely manner

Typically focuses on memos for relationships ranging from $500,000 to $2,000,000

Creates and maintains solid working relationship with Loan Officers and other team members

Ability to adhere to all company policies, core values and procedures

Genuine interest in learning and working in the banking profession

Dresses professionally

Other duties as assigned

Qualification

Financial analysisCredit systems knowledgeExcel skillsAccounting knowledgeDependabilityInterpersonal skillsProblem solvingWritten communicationSelf motivation

Required

Bachelor's degree in Finance, Accounting or related field

Minimum of 1- 4 years banking industry experience

Six months experience with credit systems

Knowledge of accounting sufficient to understand and analyze the relationships between the different financial statements, in order to produce a written analysis

Strong financial analytical abilities, with knowledge of financial ratios

Strong Excel skills

Good interpersonal, technical, problem solving, and written communication skills needed for preparation of credit memos and analysis of financial statements

Demonstrates initiative, judgment/discernment and self motivation to work with minimal supervision

Demonstrates resourcefulness and concern for quality by understanding systems and processes and suggesting changes when necessary to increase overall efficiency

Demonstrates dependability through good attendance and adherence to time lines and schedules