Blue Sky Bank · 11 hours ago
Credit Analyst III
Addison,TX,US
Full-time
Onsite
Senior Level
5+ years expBlue Sky Bank is seeking a Credit Analyst III to evaluate the financial status of potential customers and monitor existing clients. The role involves performing risk assessments, writing detailed reports, and making informed credit decisions while ensuring compliance with bank policies and regulatory requirements.
BankingFinanceFinancial Services
Responsibilities
Assists the lending staff in all aspects of credit underwriting to assure compliance with the bank’s loan policy and all regulatory requirements to assure safety and soundness within the bank’s loan portfolio
Works independently with little management oversight
Provides thorough financial and risk analysis on all commercial relationships in the bank’s loan portfolio for both initial approvals and ongoing monitoring
Establishes efficient and effective processes and procedures to facilitate loan approvals, closings, monitoring of loan covenants, and evaluation of all allocations and impairments as required
Responsible for compliance with all internal bank policies as well as regulatory mandates affecting privacy, legality, and non-discrimination
Maintains positive attitude to allow for collaboration with all branches and departments
Exhibits effective and constructive leadership qualities with both internal and external customers
Provides financial statement analysis and input using the bank’s present software system
Provides and maintains credit memorandum standardization for the loan decision process by developing consistency in the information presented on worksheets, memorandums, financial statement presentation, and income, expense, and cash flow analysis
Thoroughly reviews, assesses, and develops an understanding of the collateral associated with loan requests with the ability to clearly delineate appropriate grading, inherent risks and mitigation strategies to allow for approval parameters to include: A/R aging reports, Borrowing Base Certificate validations, Rent Roll evaluations, Loan Covenant compliance verification, and On-site collateral inspections on an as needed basis
Effectively monitors credit risks within the loan portfolio by making recommendations of grading changes to the Senior Credit Officer on an ongoing basis
Provides industry comparative information to help assess and mitigate various risks in the commercial loan relationships
Coordinates credit management and maintenance process with lenders to include timely receipt of adequate financial information, consistent clearance of loan exception items, and timeline adherence to minimize past dues/delinquencies and expedite renewals/extensions
Participates in industry associations and continuing education events to enhance performance and job knowledge
Actively participates in business and non-profit organizations/associations to help promote the bank and provide opportunity to both increase the bank’s awareness within the community and intentionally solicit new business for the bank
Practices safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols
Recognizes red flags, scams, fraud, phishing, etc
Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements
Performs responsibilities during Bank hours by being physically present in the Bank an average of 40 hours each week based on business needs
Travels between branches as needed
Performs other responsibilities as assigned by management
Qualification
Required
Bachelor's degree in finance, accounting or other business-related fields
5+ years of credit analysis/underwriting experience, preferred
Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation
Extensive knowledge and understanding of credit analysis/underwriting
Strong leadership skills
High level of professionalism and integrity
Flexible, adaptable, and willingness to continuously learn
Strong analytical and problem-solving abilities
High level of self-motivation
Excellent written and verbal communications skills
Strong business acumen skills
Ability to work both independently and as part of a team
Exceptional organizational skills, with the ability to prioritize and execute multiple tasks and projects simultaneously
Strong work ethic and attention to detail
Company
Blue Sky Bank
Blue Sky Bank is a banking service company.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Brian Schneider
Chief Executive Officer
Brenda Seago
Sr. VP / COO
Recent News
2024-11-23
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