Junior Credit Analyst

About the Role

The ARM Junior/Junior Credit Analyst supports the production team by handling routine tasks, conducting credit analyses, and assisting with loan monitoring and administration. This role offers experience and expertise to take on more complex responsibilities.

Key Responsibilities

• Perform assigned duties in accordance with the Bank’s Mission, Vision and Core Values, and provide timely, responsive service.
• Adhere to defined Service Level Agreements.
• Investigate, interpret, and analyze credit reports.
• Spread and analyze financial statements to evaluate existing and projected company cash flow.
• Conduct research and prepare presentations for annual relationship reviews.
• Assist in or independently prepare credit approval documents for less complex credit actions.
• Assist in monitoring loans through timely collection of financial information and tickler management.
• Create and maintain customer files within defined bank standards.
• Review financial information for loan compliance to maximize credit quality and minimize risk.
• Assist RM with maintaining current financial information consistent with loan approval and ensure credit file maintenance.
• Analyze financial statements using software such as Moodys and Bukers.
• Conduct industry research relevant to lending opportunities.
• Participate in Credit Trainings to stay current on standards and expectations.
• Assist in the preparation of Preflights and LOIs as requested.
• Review portfolio reports to stay informed of workflow, maturing loans, and covenant compliance.
• Analyze/recommend line draws as requested.
• Maintain knowledge of and compliance with banking regulations.
• Perform other duties as assigned.

Requirements & Tech Stack

• Bachelor’s degree in Business, Finance, or related area; or equivalent work experience.
• Working knowledge of accounting principles with the ability to conduct basic analysis of business financial statements.
• Good knowledge of economics, accounting, and finance.
• Basic knowledge of risk analysis.
• Ability to work with minimal supervision with multiple priorities and deadlines.
• Proficient computer skills with collaboration and productivity tools including Windows-based operating systems and office suites (Microsoft Word, Outlook, Excel, PowerPoint).
• Proficiency in spreadsheet applications for data organization and analysis.
• Proficiency in internet and email.
• Familiarity with bank software.
• Effective oral and written communication skills.
• Effective time management skills.