Credit Analyst

Company: Bank of the Pacific
Location: Bellingham
Posted on: November 20, 2022

Job Description:

---Department:Commercial BankingReports to: Commercial Banking Team LeaderFLSA Status:Hourly/Non-exemptGrade: Salary grade based upon an applicant's experience at hiring and allows for progression within the position. The grade of the position for each branch is determined by office portfolio size and employee skills/experience. Contact the Human Resources DirectorStatement of Hire:At Bank of the Pacific, we are committed to delivering memorable service beyond the customer's expectation, to include both external and internal customers. We consistently demonstrate our values through teamwork, open communication, integrity, honesty and respect for others. Additionally, we will maintain a professional appearance through dress, conduct and an orderly work area.A successful candidate will possess these qualities and be enthusiastic, professional and of high ethics.They will embrace our Mission, Vision and Values and actively contribute to our success.Job summary:To conduct credit investigations and analyze routine to moderately complex credit information pertaining to loans; prepare, or assist in the preparation of credit reports for presentation to loan officers or committees; furnish information in relation to credit inquiries; provides assistance to loan officers as requested.Credit Analyst: the credit analyst position is capable of handling moderate aspects of the job that are defined within existing policies and procedures. The incumbent may possess a degree and will plan, organize & initiate a series of administrative tasks using credit analysis tools while gaining knowledge of the department and/or other specialized procedures in support of the Commercial Banking Officers and/or loan offices.Principal Responsibilities: Develop credit information for use by senior credit analysts, lending officers, or committees in the making of lending decisions on new, renewal and extension loans. The incumbent: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,Prepares summaries, presents facts and occasionally offers opinions concerning credit-worthiness.Writes and presents approval, problem credit, and other loan memoranda.Provide credit information and references for customers, loan officers, or other agencies as requested.Ensures that all credit files are kept current with current financial statements, agency reports, etc.,Contacts all available sources of information, andAssembles all pertinent information and reports.Manage borrowing bases and related line use, construction draws, and financial covenant checks, watching for any developing problems and keeping loan officers and/or senior analysts informed.Back-up Customer Service Representatives and Documentation Specialists. In smaller offices, some of the responsibilities associated with those positions may be assigned to Credit Analysts.Compliance:All employees are accountable for compliance with all laws, regulations and adherence to established internal controls and procedures when performing their job duties. Each employee is expected to be familiar with the legal and regulatory requirements and internal controls affecting his or her job responsibilities. It is the affirmative duty of each employee to carry out these responsibilities at all times in a manner that complies with all applicable legal and regulatory requirements and internal controls. All employees shall be responsible for communicating upward, problems in operations, noncompliance with the code of conduct, or other policy violations or illegal actions. Employees must participate in required training on pertinent compliance laws and regulations as required by the Bank of the Pacific.All employees will be committed to maintaining a high level of compliance with the Bank Secrecy Act and Anti Money Laundering, USA PATRIOT Act and Financial Recordkeeping regulations recognizing that all three acts are important tools in federal efforts to combat organized crime, terrorism and drug trafficking.Education / Experience:1 - 3 years related job experience;Prior credit experience within a banking environment is desirable;Understanding of collateral requirements with general exposure to documentation;College degree or equivalent in Finance, General Business or Accounting - desirable.Service-Plus CertificationSkills / Knowledge / Abilities:Knowledge of credit investigations;Use of bank standard word processing software and spreadsheet software with strong understanding of multiple math formulas.Filing; general office machines typing 40 w.p.m. with use of word processing; knowledge of business format for typed documents; proofreading; spelling; punctuation; grammar; open, deliver and respond to mail; answer phones; set priorities.General communication (oral and written); clear voice communication; business telephone etiquette; distribute and exchange information with others; interaction with managers, employees, regulatory agencies, industry peers, customers, communicate/work with confidential information; compose draft written materials, correspondence/memoranda, reports, publications.Professional dress, communication, and etiquette.Working Conditions / Environment / Potential Hazards:General office environmentMay be necessary to work extended hoursPeriodic travel requiredPhysical Requirements:Able to sit for extended periods of time.Able to lift up to 20 lbsEqual Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Bank of the Pacific, Bellingham , Credit Analyst, Professions , Bellingham, Washington