Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Credit Analyst

Expired Job

Fulton Financial Corporation Richmond , VA 23234

Posted 2 months ago

Overview

Responsible for assisting in the efficient and effective operation of the Credit Department within the Credit Administration function. Develops and analyzes all types of credit information on all types of loans and focuses primarily on less complex credits and on reaffirmation requests with assistance from the Regional Credit Manager and Senior Analysts.

Prepares and presents credit reports to loan officers or loan committees. Provides assistance to loan officers, as required.

Office space available in Wilmington, DE; Richmond, VA or Virgina Beach, VA.

  • Initial two week training will take place at the Corporate Headquarters in Lancaster, PA.

ResponsibilitiesEssential Duties

  • Develops and analyzes all credit information on all loans, particularly less complex credits requiring a lower degree of analysis and on reaffirmations. Reviews all pertinent credit and financial information, and requests additional information from the loan officer and or customer if necessary.

    Spreads financial statements using Bank software. Generates and evaluates financial ratios to foresee future credit risks. Analyzes financial statements and related material including the preparation of comparisons with similar companies within the Banks portfolio.

    Prepares deposit and loan summaries on customer relationships. Prepares cash flow projections on each borrower, guarantor, and contingent liability. Develops global cash flow projections that comprehensively address all sources and uses of cash available to service debt.

    Stress tests cash flow assumption. Analyze rent rolls and lease agreements and complete a Property Operating Analysis. Reviews loan documentation to assess compliance with loan covenants and loan agreements.

    Assesses risk of complete credit relationship including borrower, related entities, guarantors, and contingent liabilities. Verifies compliance with bank regulation and the Bank's commercial lending policies. Compiles financial related data on comparable companies to develop industry matrixes.

    Prepares customer relationship profitability summaries using Bank software. Prepares a written summary, presenting facts and offering opinion concerning credit worthiness to loan officers and or loan committees. Gathers appropriate information to complete loan presentations to be presented to loan officer and or Regional Loan Committees.

    Identifies any exceptions to loan policies. Presents and defends loan presentation recommendations at regional analyst meetings.

  • Provides assistance to loan officers. Accompanies loan officers and participates in all types of customer calls, and in some occasions, write a memo outlining the details of the call.

    Ensures that all credit files are kept current with the latest financial statements. Researches and prepares specific industry information to inform the loan officer and benefit the customer. When necessary, analyzes relationship profitability reports to help determine appropriate pricing for prospective loans. Assists loan officers to prepare for customer meetings by preparing a list of questions and a packet of customer related information such as loan and deposit update, industry matrix, prior memos and presentations, and industry data.

  • Assumes responsibility for assisting in the efficient and effective operation of the Credit Department. Ensures that all operating policies and procedures are followed.

    On a rotating basis, acts as secretary for Local or Regional Loan Committees. On a rotating basis, updates and maintains customer commitment reports, completes file work, and submits risk rating changes. Plans for and participates in credit related discussion topics at regional analyst meetings.

    Helps gather information required by bank examiners and internal audit. Makes recommendations regarding improved operating systems and procedures.

QualificationsQualifications:
Education

  • Bachelor Degree. Specialty: Accounting, business administration, or finance. (Required)

Experience

  • 0 to 6 months performing the essential duties of this role. Analytics and working knowledge of bank products and types of loan structuring. (Preferred)

EEO Statement Fulton Financial Corporation ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.



See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Commercial Credit Analyst Up To 60K Richmond VA Job 1437

The Symicor Group

Posted 2 days ago

VIEW JOBS 11/15/2018 12:00:00 AM 2019-02-13T00:00 <h3>The Position</h3><p>Our client is seeking to fill a Commercial Credit Analyst role in the greater Richmond, VA market. The successful candidate will be responsible for providing analytical support to Commercial Lending Officers to ensure client service standards are met and loan documentation and credit presentations are following applicable standards, policies, procedures, and regulatory requirements.</p><p>The position includes a generous salary of up to $60K and excellent benefits package.</p><p>Commercial Credit Analyst responsibilities include:</p><ul> <li>Supporting the Bank’s lending activities by providing insightful and timely credit analysis of prospective and current borrowers, including interpretation of financial statements, collateral and cash flows.</li> <li>Interacting with loan officers, credit manager, other lending support staff, customers, accountants, and appraisers.</li> <li>Analyze financial data to determine the merits of loan requests.</li> <li>Spreading and analyzing financial statements utilizing spreading software.</li> <li>Recommend structure as well as identifying cross-selling/referring opportunities of other services.</li> <li>Perform other duties and special projects as assigned.</li> </ul><p><strong>Requirements</strong></p><h3>Who Are You?</h3><p>You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.</p><p>You also bring the following skills and experience:</p><ul> <li>Bachelor’s degree in accounting, finance, or business administration preferred; accounting/finance experience is beneficial. The appropriate combination of education and experience will be considered in lieu of a degree.</li> <li>Four or more years of credit analysis experience.</li> <li>Experience performing global, business, income property cash flow analysis to include calculating debt service coverage ratios through commercial underwriting is desirable.</li> <li>Must possess attention to detail, accuracy in work performed, and can multi-task while maintaining focus.</li> <li>Excellent PC skills required; must demonstrate the ability to mentor/coach other team members while completing own work at a high level</li> </ul><p><strong>Benefits</strong></p><p>The position includes a generous salary of up to $60K and excellent benefits package.</p> The Symicor Group Richmond VA

Credit Analyst

Expired Job

Fulton Financial Corporation