California Bank and Trust, a leader amongst banks in California with over $10 billion in assets and nearly 100 branch offices in the state, is currently seeking a Credit Analyst Trainee to analyze credit information pertaining to credit investigations, financial statements, financial conditions etc. California Bank & Trust prides itself on creating California's best banking relationships and to do this we must continue to build a team of intelligent contributors who can add value so we can lend the best services to our clients and build deep roots in the communities we serve.
Conducts credit investigations and analyzes credit information pertaining to loans Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
Analyzes financial statements and related material.
Analyzes financial conditions and trends.
Reviews and reports non-compliance with loan covenants.
Determines cash flow using appropriate tax analysis.
Prepares summaries, presents facts, and offers opinions concerning credit-worthiness.
Provides credit information and references for customers, loan officers, or other agencies as requested.
May provide rates and loan information to clients.
Ensures that all credit files include proper documentation including current financial statements, agency reports, etc.
Maintains control over current accounts, noting payment progress, watching for any developing problems, and keeping loan officers informed.
Writes credit memorandums.
Accompanies lenders on business calls.
Conducts industry research.
Assists with special projects as assigned.
Requires a Bachelor's with a minimum GPA of 3.0 with 3.5 preferred in the following degree fields: Business, Finance, Economics, Mathematics, Engineering or related field (lending/credit procedures and processes or other directly related experience and/or internships a plus).
A combination of education and experience may meet requirements.
Basic knowledge of financial statements and general analysis gained through college coursework.
Limited use and/or application of basic credit concepts.
Ability to work in a team environment with lending officers and staff.
Good communication skills, both verbal and written.
Ability to make sound decisions regarding loans.
Attention to detail and high degree of ownership in work product.
Good PC skills and proficient working knowledge of Excel required (financial modeling, using shortcuts and VBA knowledge a plus).
Health/ Dental /Vision plan
401 k plan with up to 5 % matching - no waiting period for new employees
Competitive pay commensurate with experience
California Bank & Trust