• Credit Analyst

    Kennebec Savings Bank (Augusta, ME)


    Credit Analyst

     

    Augusta, ME (http://maps.google.com/maps?q=150+State+Street+Augusta+ME+USA+04332)

    Description

    POSITION SUMMARY:This position is responsible for the timely and accurate analysis of applicant financial statements on all commercial and commercial real estate loans; for participating in the Bank's loan review and risk rating functions; for ensuring complete, timely and up-to-date documentation in all commercial and commercial real estate loan files; and for supporting Bank products and services.

    KEY RESPONSIBILITIES:

    Financial analysis:Spread and make interpretive analyses of financial statements and supporting documentation on new commercial and commercial estate loans; prepare appropriate documentation to assist in the loan decision-making process.

     

    Review and analyze updated financial statements and supporting documentation on existing commercial and commercial real estate loans on at least an annual basis; prepare appropriate reports for the file and Senior Commercial Credit Officer Review. Make recommendations as appropriate.

     

    Remain abreast of current legal, regulatory and other issues affecting credit administration.

     

    + Comply with all Federal and State banking and accounting regulations and all Bank and department policies and procedures.

    + Meet or exceed established objectives and standards for Credit Analyst performance.

     

    Credit review:Review existing commercial and commercial real estate loans and prepare/update credit analysis as needed.

     

    Be very familiar with the Bank’s loan policy and be able to identify any exceptions to the policy.

     

    Credit file maintenance:Review all new commercial and commercial real estate loan files and ensure that the appropriate information is in place to support the loan decision and ongoing risk rating; follow-up with the origination staff as necessary to obtain required documentation on new loans.

     

    Support Bank products/services:Maintain knowledge of current KSB products and services. Actively utilize as many Bank products and services as possible in order to fully understand their features and benefits and to be able to communicate effectively with customers and prospective customers.

     

    Talk to customers and listen for “cues and clues” to determine needs; respond to customer inquiries and evaluate their needs; suggest Bank products/services to customers to meet their needs; make referrals to other Bank personnel as appropriate.

     

    Community/public relations:Participate in community organizations and events. Represent the Bank in the community.

     

    Other outside activities:Actively participate in industry trade group meetings and educational programs to remain abreast of current issues and requirements affecting Bank operations and job performance.

     

    Management committees:Participate in the Bank’s loan committee meetings.

     

    Other duties:Demonstrate reliable attendance and punctuality. Work at other Bank branches as needed for customer service, operational, or training purposes. Attend and participate in Bank meetings. Attend internal and external training to improve skills and knowledge relevant to the credit analyst position.

     

    Understand and fully comply with Kennebec Savings Bank’sCore Values.

     

    Perform other duties as required.

    POSITIONS REPORTING TO THIS POSITION:

    + None

    Requirements

    EDUCATION/EXPERIENCE REQUIRED:

    + Bachelor’s degree, with a concentration in Business or Finance and/or equivalent work experience.

    + 1 to 3 years credit analysis or similar work experience is desirable.

    + Strong accounting and/or financial analysis skills are desirable.

    + Computer literate, with specific experience in spreadsheet, asset/liability management and word processing applications.

    OTHER REQUIREMENTS:

    + Must possess a valid driver’s license, the use of a serviceable automobile that is properly registered and proper liability automobile insurance as required by state law.

    + Must have strong written communications skills, including letter and report-writing ability.

    + Must be able to lift files or other documents of approximately 20 pounds.

    + Must be able to read and work with computer print-out reports.

    + Must be able to stand or sit for extended periods of time while waiting on customers.

    + Must be able to spend extended periods of time operating a computer keyboard and working at a computer monitor.

    + Must be able use the telephone to converse with customers for extended periods of time; must be able to communicate clearly by telephone; must have good listening ability and skills.

    + Must be able to prioritize and organize work flow; must have good attention to detail; must be able to handle multiple jobs.

    + Must have the ability to think through a problem, following proper steps in finding resolution.

    + Must have a high degree of ethics and maintain confidentiality of customers and accounts.

    + Must be friendly, courteous and sensitive to the needs of customers and coworkers.