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Senior Credit Analyst

Company: City National Bank
Location: Altadena
Posted on: November 1, 2019

Job Description:

Analyze credits and CPA prepared financial statements. Enter financial statements and related information to financial spreadsheet software programs for analysis. Prepare summary and/or credit approval reports documenting credit analysis and supporting information for credit decision recommendations. Responsibilities also include handling commercial collections requiring client contact and deal documentation, preparing credit retrospectives, identifying causative factors to troubled loan structures/deals and preparing account debtor notification letters, forbearance agreements and other standardized correspondence and documentation. This position will also compile and prepare monthly reports (doubtful logs, non-accruals, charge-offs, potential problem loans) for team leaders and assist in quality control review of written communications. Perform other department-related duties as requested.Under limited supervision provides analytical support relating to due diligence, document processing, and financial/statistical analyses related to transactions, credit approval and ongoing monitoring of closed transactions. Review loan documents for accuracy, completeness, and adherence to approval conditions. Recommends proper loan documentation and loan restructure for complex credits. Present facts and summarizes the credit analysis results concerning the applicant's credit worthiness. Prepare timely and insightful credit analysis applications for a diverse, high complex and sophisticated portfolio comprised of commercial & industrial, commercial real estate and private banking / professional services commercial loan customers. Prepare sensitivity analyses, pro forma cash flows, and assessments of collateral and guarantor financial condition. Conduct analysis of the market (customers) and industry (competition, suppliers, substitutes, and potential new entrants) and management teams and/or deal sponsors. May make client calls to obtain all necessary information. May make client calls to obtain all necessary information and clarification on financial analysis materials and resources. May be required to contact borrowers directly for additional information and details related to loan request. Work with attorneys and other financial or legal resources to obtain the correct, accurate documents to fully protect the banks interests in the credit relationship. Colleagues have a full understanding of the bank's credit policies and existing credit arrangements.Responsibilities

  • Prepare credit analysis and investigation of new and renewed loans. Request and provide the necessary documentation and financial facts for Credit Officer to analyze, evaluate, and determine appropriate credit structure and terms for potential borrowers.
  • Monitor for receipt, and analyzes and evaluates documents surrounding credits. This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, A/P & A/R aging, credit reports, etc. to identify strengths and weaknesses as pertaining to a borrower's financial position
  • Provide analytical functions relating to due diligence, document processing, financial statements, trend analyses, asset search, covenant compliances, and monitor settlements and judgments. related to transactions, credit approval, and renewals. Prepare summary documenting factual analysis and supporting information for credit decision recommendations.
  • Monitor and review data from loan systems and prepares Excel spreadsheets and charts to identify portfolio trends.
  • Prepare Loan Approval Summaries and/or Loan Committee reports on existing loans. Utilize programs like Lexis Nexus, Pacer, Moody's Risk Origins, Monarch, Asset Reader, etc.Basic Qualifications
    • *Bachelor's Degree in Finance, Accounting, Business Administration, or Economics.
    • *Minimum 5 years of credit analysis or financial analysis experience required.
    • *Minimum 5 years of experience in a banking or financial services environment required.Other Job Skills and Knowledge
      • Must be capable of working well independently and in teams.
      • Detailed knowledge of credit, accounting, credit policy and financial statement analysis.
      • Excellent organizational and analytical skills.
      • Working knowledge across all areas of lending including Commercial Finance, Commercial Real Estate, and ABL.
      • Excellent ability to analyze credits, as well as a detailed knowledge of lending structure and sources and uses of cash
      • Identify strengths, weaknesses, and risks related to borrower status and repayment ability. Use various software programs for spreading financial statements and financial analysis.
      • Working knowledge of Lexis Nexus, Pacer, Moody's Risk Origins, Monarch, and Asset Reader.
      • Good verbal and written communication skills to present clear and precise recommendations based upon analysis for action on loans and loan treatments.
      • Perform Duties and responsibilities specific to department functions and activities, or as assigned by supervisor.*Represents basic qualifications for the position. To be considered for this position you must at least meet the basic qualifications.

        City National Bank is an Equal Opportunity/Affirmative Action Employer, Minorities/Females/Individuals with Disabilities/Veterans

        Note: This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

        Note: Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

Keywords: City National Bank, Altadena , Senior Credit Analyst, Accounting, Auditing , Altadena, California

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