Credit Analyst

Description

First National Bank is seeking a motivated and detail-oriented Credit Analyst to join our Credit Management team in Lynchburg, VA! This is an excellent opportunity for a driven individual looking to build a strong foundation in credit analysis while contributing to sound credit decisions that balance growth and risk management.

The Credit Analyst will be responsible for inputting and providing detailed analysis of financial statements and assessment of credit requests along with other credit administration duties as assigned by the Senior Credit Analyst. This includes, but is not limited to:

• Providing recommendations tied to the assessment of credit risk while adhering to the Bank’s loan policies and guidelines
• Demonstrating knowledge of each functional area of credit management including knowledge of appropriate loan structures, generating loan volume, and protecting quality and profitability while minimizing risk exposure

What’s in it for you?

• Competitive salary and other bonus opportunities
• Comprehensive medical, dental, vision and life insurance benefits
• Generous Paid Time Off (PTO) and 11 paid holidays
• Paid Parental Leave and other paid extended leave for eligible employees
• 401(k) Match Program and Pension Plan
• Tuition Reimbursement
• Great health and well-being benefits including: telehealth, EAP, specialized treatment of musculoskeletal injuries and conditions, focused benefits for diabetics, LTD, and various supplemental plans
• We focus on the growth and development of our employees. The Credit Analyst has the ability to grow professionally at FNB

What will you be doing in this role?

• Performing regular credit file analysis on pending loans requests and ensuring the timely delivery of credit file analysis to include but not limited to: spread of borrower’s balance sheets, income statements, and tax returns to facilitate credit analysis
• Preparing written financial statement analysis including evaluation of cash flow and collateral for presentation to the appropriate person making the final lending decision
• Evaluating industry information to determine economic trends in customers business and developing projections to evaluate financial capacity and ability to repay. Predicting probability of successful repayment of new and existing loans
• Recommending loan structure for new and renewal loan requests made by individuals and businesses
• Participating in Management Loan Committee (MLC) meetings by offering reports, comments and suggestions based on analysis
• Ensuring compliance with state and federal regulations and bank policies and procedures. Staying abreast of new rules, regulations, and procedures to assist in implementation and revision of current policies and procedures

Requirements

What will you need?

• Bachelor’s degree in business administration, accounting or other related field of study preferred. Five (5) years of relevant experience in underwriting loans or in reviewing or producing loan documentation for commercial or small business credit requests or an appropriate combination of education and closely work related experience
• Ability to accurately perform mathematical calculations including but not limited to ratios and percentages
• Reads, analyzes, and interprets industry information, financial statements, tax returns and other documents and reports relevant to credit and trend analysis
• Recognizes need for action, defines problems, collects data, establishes facts, and draws valid conclusions, proposes viable solutions
• Basic knowledge of relevant banking regulations and operational policies and procedures preferred
• Possesses strong interpersonal, verbal and written communication skills with ability to understand and carry out instructions, speak clearly and make effective presentations to peers, management and committees
• Proficient in the use of Microsoft Office products, bank information systems, internet research and other PC-based applications.

Physical/Environmental Demands

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions
• The environment is typical of an office atmosphere. The noise level in the environment is usually moderate
• While performing the duties of this job, the team member is frequently required to sit and regularly required to talk and hear. The team member is required to stand, walk, and reach with hands and arms. The team member must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision