Apply on Employer Site

Commerce Bank · 10 hours ago

Credit Analyst - FineMark

Scottsdale, AZ

Full-time

Onsite

Entry, Mid Level

2+ years exp

FineMark Bank & Trust, a division of Commerce Bank, is committed to delivering exceptional service in banking, trust, and investments. The Credit Analyst role involves drafting credit write-ups for various loans, conducting financial analysis, and maintaining loan documentation to ensure compliance with established standards.

BankingFinanceFinancial Services

Responsibilities

Draft credit write-ups in standard format. Prepare summary of facts concerning credit worthiness for new, renewal, and extension loans based on Loan Officer input and analysis of financial data

Track and enter customer information, financial statements, tax returns and related material using designated software or other analysis programs. Analyze financial conditions and collection trends, reviews, and reports non-compliance with loan covenants

Create and generate reports to analyze the overall financial condition of the loan portfolio utilizing report writing software. Assist to identify any changes in the portfolio’s condition

Conduct periodic reviews of credit files and document files to ensure maintenance of required documentation relative to the Bank’s established standards and annual internal/external audits of the loan portfolio and loans pledged as collateral to the Federal Home Loan Bank (FHLB)

Prepare FHLB qualifying loan reports each month for prior month’s mortgage originations to determine their eligibility as collateral under FHLB funding guidelines

Order appropriate documentation based on approved credit arrangement sheet and prepare documentation request for submission to loan processing

Assist loan officers with financial analysis questions

Back-up loan administration with all facets of the loan documentation process

Maintain profitability updates; prepare correspondence and handle various projects assigned by manager, supervisor, or loan officers

Complete loan packages in accepted internal format and respond to questions from Loan Administration

Communicate directly with the applicant/customer regarding application and/or loan related questions, if requested by Loan Officer

Attend educational programs appropriate to current or future responsibilities

Perform other duties as assigned

Qualification

Credit analysisFinancial statement analysisLoan administrationReport writing softwareMicrosoft ExcelWritten communicationVerbal communicationInterpersonal skillsAttention to detailProblem-solving

Required

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations

Ability to write reports, business correspondence, and procedures

Ability to effectively present information and respond to questions from groups of managers, customers, the public or professional peers

Ability to work with mathematical concepts such as statistical inference and apply concepts such as fractions, percentages, ratios, and proportions to business related situations

Aptitude for detecting errors or deficiencies in the customer's financial statements, analyze cash flow and bring to the attention of the loan officer

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists

Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form

Ability to create new word processing and spreadsheet files using generally accepted formats

Ability to use database programs and other banking specific programs and to access reports, use software documentation and help features

Aptitude for learning advanced features and specialized software programs

Ability to prepare loan packages and understand financial analysis preferred

Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Bachelor's degree in Business or equivalent combination of education and experience required