Job Description
Description
To use all information in creating a clear picture of the customer's financial position. This is vital to the Lenders; it allows them to make well informed decisions before entering into a lending relationship with the customer.
ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:
Compose analysis based on historic, projected, and stressed financial information. This analysis will clearly illustrate the customer's ability to re-pay the requested amount, and is accomplished by creating cash flow statements for each participant and writing an analysis of their performance over the past three (3) years.
Project the customer's performance for the next year by using customer prepared projections, analyst prepared projections, or a combination thereof.
Effectively communicate with the lenders to clearly understand all factors contributing to the loan request.
Generate questions to the lender for the purpose of completing the credit presentation, accuracy of cash flow, and to resolve any other discrepancies in the underwriting.
Translate and interpret financial data from tax returns, compilations, reviews, and audited statements; personal statements; and other financial statements to create spreads utilizing WebEquity software.
Access Kroll Factual Data to obtain and analyze Tri-Merge Credit Bureau reports on individual participants in the request
Utilize web sources, such as the Ohio Secretary of State or the Mahoning County Auditor to retrieve other necessary information
Access Fiserv/Viewpoint to research the customer's complete deposit and loan relationship with the Bank
Recognize the level of analysis that is appropriate for the request
Retrieve industry information through First Research and demographic information through SNL financial via the Internet.
Perform reviews for Special Assets' commercial relationships
Establish/organize all loan information in credit file
Attend meetings with lenders and clients as needed
Accurately risk grade borrowers, co-borrowers, and guarantors
Ensure proper aggregate exposure and coding of credit facilities, both new and existing
Review appraisals and environmental reports to ensure accurate collateral analysis
Understand various business entities structures and required documents needed for verification
Understand and apply credit policies and procedures
Attend and participate in weekly staff meetings and training
Special projects assigned by Commercial Credit Manager as needed
Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations
Regular, predictable attendance is an essential requirement of this position
EDUCATION and/or EXPERIENCE:
Bachelor's degree (BA) in Accounting or Finance from four (4) year college or university
Minimum of one (1) year commercial credit analyst experience
Strong background in working with financial statement and advanced understanding of the information available on financial statement and how they related to the customer's business operations and ability to repay loan.
Knowledge of Word, Excel, and Outlook and Internet navigation/research is expected
Ability to clearly and effectively communicate both verbally and in writing
Qualifications
Education
Bachelors of Finance (required)
Skills
Microsoft Excel (required)
Risk Management (preferred)
Commercial Lending (preferred)
Credit Analysis (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran
