Position Title: Commercial Credit Analyst I
Department: Commercial Credit Underwriting Bay Area Division-San Francisco Battery
Grade: 11, 12
The Credit Analyst participates on a team which provides credit analysis on assigned commercial credits including statement spreading and analysis, tax return analysis, preparation of required underwriting forms, and packaging of the loan for submission to the loan documentation department. The Credit Analyst performs various tasks associated with support, reporting and control of the various commercial credit underwriting functions. Responsible for analyzing complex companies and industries and conducting presentations on findings to the Commercial Underwriters. The Credit Analyst analyzes commercial loan applications and renewals and prepares historical income and balance sheet statements, along with other reports, for the underwriting team. Follows for timely renewals, reporting requirements, compliance items, and delinquencies.
Analyzes commercial loan applications received by Relationship Managers to determine eligibility of request, providing prompt turnaround time. Confers with Relationship Managers to determine client needs and discuss options for borrowers. Requests any additional information needed to complete processing.
Inputs historical financial information to show financial trends, evaluate repayment, and mitigate risk.
Analyzes key factors such as industry, management, and economic trends.
Basic knowledge of financial analysis practices, principles, applications and analysis methods.
Ability to work in a heavily deadline oriented environment.
Assures the customer loan request is processed accurately and timely. Coordinates with appraisal department and escrow companies for secured loan products.
Orders business credit reports and personal credit reports on business principals.
Coordinates compliance, decline letter preparation and maintenance of adverse action database.
Maintains a log of maturing lines and coordinates renewal process to ensure that necessary information is received prior to line maturity.
Monitors past due loans for assigned portfolio(s) and recommends action to sales staff or contacts customers directly, as appropriate. Maintains a log of pending action or resolution for past due loans.
Assists Relationship Managers as needed in the preparation of Interim Credit Reports and Real Estate Update Memos.
Provides exceptional assistance and support to all Relationship Managers and Credit Administration.
Maintains a current understanding of Bank underwriting guidelines, procedures, policies and compliance issues. Maintains a working knowledge of regulatory requirements for documentation and regulations relating to commercial lending.
Maintains a current understanding of and complies with Reg B Fair Lending, Community Reinvestment Act, HMDA, Bank Secrecy Act, Suspicious Activity Reporting, CIP, Gramm-Leach Bliley Act information privacy, and OFAC regulations.
Performs Commercial Credit Officer duties in their absence as needed.
Performs other work-related duties as assigned.
Assists Commercial Loan Supervisor and Commercial Underwriters in the development and completion of special projects, spreadsheets, graphs, and reports as assigned.
Education, Experience, And Other Skills Required:
High school diploma or GED required.
Undergraduate degree in Finance, Business Administration or Accounting, or related work experience preferred.
Established knowledge of financial accounting theory and logic, financial statement and business entity types, commercial products and services.
Excellent organizational skills with efficient work demeanor that allows involvement in multiple areas.
Ability to utilize personal computers, and Windows-driven programs, with an emphasis on the Microsoft Office suite of applications, specifically Word and Excel.
Ability to complete a high volume of work efficiently and with accuracy.
Excellent verbal and written communication skills.
Grade Level Distinction:
Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ:TCBK) headquartered in Chico, California, providing a unique brand of customer Service with Solutions available in traditional stand-alone and in-store bank branches in communities throughout Northern and Central California.
The Bank provides an extensive and competitive breadth of consumer, small business and commercial banking financial services, along with convenient around-the-clock ATM, online and mobile banking access.
Tri Counties Bank has remained strong and profitable through a top-down commitment to its core values, sound business principles and responsible lending practices.
Our success is also based on our involvement in the communities we serve. The personal touch comes naturally to Tri Counties Bankers. You may recognize us at business, school and non-profit events, baseball games and local eateries, skiing in the mountains, boating on the lakes, and fishing the local streams or attending an event in The City or on the peninsula.
Tri Counties Bank