The Portfolio Analyst supports the lending division by supporting the origination of new relationships and ongoing monitoring of existing relationships. The Analyst will assist in the preparation of credit authorizations in support of new loan approvals as well as managing the group's existing loan portfolio, including covenant compliance and monitoring, competition of trend cards, active participation in Quarterly Portfolio Reviews and Problem Loan Reporting. The incumbent will also perform other duties as necessary to support the goals and objectives of the lending unit.
Support Underwriters and Portfolio Managers in conducting financial and credit analysis in support of new loan originations as well as the monitoring and analysis of the existing portfolio, including the collection of outstanding financial information, calculation of financial covenants, completion of quarterly trend cards, completion of annual reviews, and the timely and accurate assessment of risk ratings.
Contact and maintain relationships with all clients in the assigned managed portfolio.
Act as liaison between with CAST with focus on reconciling CAST spreads and with borrower financial statements and financial covenants.
Work with Underwriters/Portfolio Managers to complete covenant waivers, amendments, and extensions on existing portfolio names.
Participate in quarterly portfolio reviews and problem loan reporting.
Coordinate with Loan Processing and with borrowers to collect and review entity documentation needed for new and existing credit requests.
Provide support of underwriting and verification of risk-assessment analysis on credit request packages to be submitted for co-approval or approved by Client or Relationship Managers.
On an ongoing basis, inspect credit files and loan systems information to ensure accuracy and data integrity.
Responsible for adherence to all compliance programs, including but not limited to, completion of all required and assigned training modules by establishing due dates.
Understand and employ all policies and procedures of the Bank and the Line of Business and complies with requirements of all laws and regulations applicable to position.
Remain up-to-date on all bank compliance regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance.
May perform other duties including travel for diligence meetings.
Knowledge and Skills:
Excellent credit analysis, accounting, and financial modeling skills
Strong knowledge of banking policies and procedures and relevant regulatory guidelines.
Ability to communicate effectively and persuasively in both verbal and written forms.
Good organizational skills.
Ability to assume responsibility and accountability for decision making.
Works well independently and with teams.
Experience with CreditQuest and nCino.
Must be proficient in a windows environment, i.e., Word, Excel, PowerPoint and Outlook
Ability to travel as needed, occasionally overnight.
Education and/or Experience:
Bachelor's degree in Business or Finance, or MBA, is required.
At least 2 years of prior bank experience with a focus on credit analysis, portfolio management, or underwriting.