Commercial Credit Analyst Job Description
Commercial credit analyst
provides support to Commercial Lenders, Private Bankers, Branch Managers and Senior Bank Management through financial/credit analysis, ratio calculation.
Commercial Credit Analyst Duties & Responsibilities
To write an effective commercial credit analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial credit analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Partner with senior leadership in Credit, Commercial, Business Banking and Private Banking lines of business in establishment of commercial credit risk policies to ensure policies and credit risk metrics align with overall Bancorp credit risk appetite and are consistent across business lines
Coordinate credit policy initiatives with business partners in Compliance, Legal, Operational Risk, Treasury Management Product, Fulfillment, Implementations, and others to ensure effective lending practices that satisfy credit administration, risk management, legal, and regulatory compliance requirements
Provide quality business and financial analysis for existing clients and improve turn around on credit requests
Stay up-to-date on economic and Credit Administration & Compliance Trends for designated geographic areas
Analyze business financial statements and create cash flow models to be utilized in support of corporate/commercial loans, renewal requests, and amendments
Ensure that certain financial statements and compliance certificates are up-to-date
Aid in the preparation of Credit Evaluation Memos regarding creditworthiness of prospective borrowers and prepare ongoing annual reviews of existing borrowers
Prepare quarterly trend analysis with situation updates and risk rating evaluation on an ongoing quarterly basis for assigned borrowers
Aid in preparation of and analysis of monthly Commercial Board Reports providing a summary of commercial relationships and status of each loan
Research and document current policies relating to commercial credit risk and evaluate, draft, and recommend changes as needed to ensure that they continue to mitigate risk in the changing environment of the Bank and the industry
Commercial Credit Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Commercial Credit Analyst
Typically a job would require a certain level of education.
Employers hiring for the commercial credit analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Business, Economics, Education, Business/Administration, Management, Communication, MBA, Computer
Skills for Commercial Credit Analyst
Desired skills for commercial credit analyst include:
Accounting
Credit administration
Economics
Finance
Policy and procedures
Risk analysis
Financial analysis
Banking
Regulations and bank policies and procedures
Applications and analysis methods
Desired experience for commercial credit analyst includes:
Identify, understand and communicate gaps between Fifth Third, regulatory guidelines, industry, and best in class as related to commercial credit risk
Work with Commercial Portfolio Risk Reporting to identify risk asset concentrations and conditions that require corrective action and assist Senior Credit Policy Officer with mitigating credit risks
Work with Risk Strategies and Reporting to develop, review, communicate, and analyze policy exception tracking to affect change in underwriting behaviors and policy
Coordinate Commercial Credit Policy Committee meeting agendas, facilitate distribution of committee packages, record minutes, and conduct meetings in the absence of the Senior Commercial Credit Policy Officer
Responsible for ensuring published commercial credit policies and guidelines are correct, current and reviewed at least annually
Responsible for reviewing and publishing monthly policy exception report and fielding questions concerning its content
Commercial Credit Analyst Examples
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Commercial Credit Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a commercial credit analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial credit analyst
- Responsible for preparing Commercial Credit Policy Alert and other related communication on policy changes and ensuring appropriate stakeholders receive communication
- Responsible for maintaining Commercial Credit Policy internet landing page
- Coordinate and conduct training on policy changes as needed for stakeholders
- Strategic Initiatives (WIR 2018) Contribute to the development of strategic initiatives
- Ensure all regulatory requirement have been met (i.e., flood determinations/insurance, Reg U forms, TILs)
- Provide timely, accurate analysis of interim financial statements and covenant compliance and all related reporting
- Manage the approved third party servicer process, including loan setup and both paper and digital files
- Provide timely, accurate analysis of all counter parties, including data collection, rating recommendation and all related reporting
- Apply your expertise to this National role and take a continuous-improvement approach to achieving a superior client experience
- Streamline processes to simplify credit structures and make processes easier for clients
Qualifications for commercial credit analyst
- Adopt proven industry best practices
- Adopt a culture of continuous improvement in all duties and responsibilities
- Analyze and evaluate commercial credits and utilize credit processes and systems to assign the appropriate risk rating
- Underwrite requests within the Analyst’s approval authority making independent judgmental decisions and make effective recommendations to the Credit Manager, Commercial Payments Credit & Risk Officer, or Loan Committee which exceed the Analyst’s authority
- Identify existing risks and issues within credit portfolio segments
- Work with Account Manager’s on select accounts and ensure compliance with credit policy
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Commercial Credit Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a commercial credit analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial credit analyst
- Review and establish clients’ BRR and ensure credit structures mitigate credit risks
- Recognize opportunities to reduce covenants and collateral security where warranted
- Recommend suggestions to complete work towards Simpler, Faster, Better
- Meet and exceed client turn around expectations on new/increased credit requests/renewals
- Recognize and apply enterprise solutions that can be leveraged to improve the client experience
- Maximize opportunity spotting to enhance client retention, referrals, and sales activities
- Manage the credit renewal process effectively, to enable CAMs to have more client facing time
- Collaborate, coach and mentor CAMs, service partners and others to meet the needs of clients
- Demonstrate positive impact on business and individual performance in day to day activities
- Develop specialized knowledge and experience of specific industry/segment(s) to better support credit needs of CAMs and their clients
Qualifications for commercial credit analyst
- Sound financial, analytical, mathematical and communication skills
- An undergraduate or postgraduate degree in business or comparable would be an asset but is not a requirement
- Utilize 3rd party resources such as D&B, Equifax, Moody’s, S&P, Bloomberg, to evaluate risk on accounts & portfolios
- Prepare and present detailed credit write-ups to Management and to the Loan Committee summarizing the strengths and weaknesses of select credits and render appropriate recommendations
- Have a basic understanding of corporate/legal structures and corporate governance documents and their respective relationships to effectively bind necessary borrowers
- Conduct interviews with CFO’s, Treasurers, and Controllers of both potential and existing customers in order to obtain a deep understanding of complex financial data and future projections necessary to complete a thorough due-diligence
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Commercial Credit Analyst Job Description
Job Description Example
Our growing company is hiring for a commercial credit analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial credit analyst
- Prioritize and balance client needs and risk effectively, ensuring CAMs are informed of any changes in review schedules
- Identify risk issues and takes proactive action to mitigate risk
- Recommend course of action on specific accounts and correct unsatisfactory situations
- Takes ownership to resolve client escalations effectively
- Ensuring that irregularities/ excesses in the portfolio are kept within control
- Applying strong intellectual curiosity and cutting-edge analytical capabilities to challenging modeling problems, often working with sub-ideal or spotty data
- Staying abreast of risk management developments and innovations, regulatory developments and industry news, and retaining a good understanding of industry best practice
- Using SAS Enterprise Guide, Python, and other programming tools to assist in the calculation of risk parameters (PD, LGD and EAD)
- Documentation of workflow for Basel II purposes
- Spread client's financials on the various Credit Risk Grading models Agri Model, Public Sector Model, RiskCalc Model and Triad
Qualifications for commercial credit analyst
- Develop knowledge of and maintain software that the Commercial Payments Credit & Risk Department uses in its daily activities (TSYS, Access, On-Demand, Content Manager, ) This may include attending forums and conferences
- Adopt the department’s strategic plan and key initiatives, identifying portfolio risks that should be targeted for review, developing scoping methodologies to sample portfolio segments, and improving work methodologies to make the team more efficient and productive in accordance with regulatory compliance and credit policy
- Commerce credit policies and procedures for underwriting, structuring, documentation, and credit agreements
- Effective events of default and financial non-performance
- Commerce expectations for managing credit relationships
- Make independent judgmental credit decisions for accounts within an Analyst’s approval authority and render effective recommendations on accounts which exceed their authority
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Commercial Credit Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of commercial credit analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial credit analyst
- Respond to queries relating to the DG output by explaining the process followed and the model used to generate the DG output
- Assist with key activities associated with credit risk including portfolio and client specific risk mitigation execution, sometimes with quick turnaround
- Provide client level analysis
- Consult with GCC business partners and the Credit LOB partners to support Commercial Card clients
- Work on a wide variety of projects
- Meet and exceed client turn around expectations on increased credit renewals
- Provide high quality customer service assist lenders in cultivating new business relationships
- Maintenance and development of existing database, tables and tools used by Auto Lending Division and ensuring all databases, templates and documents are up to date
- Responsible for credit investigations to identify trends that may impact the company negatively identifying dealers that may present an increased risk to the company and assisting Senior Management with the development of yearly forecasts
- Prepare credit approval packages and provide recommendations for approval under the guidance of Underwriters and Credit Executives
Qualifications for commercial credit analyst
- Provide ongoing feedback to the senior management regarding existing or emerging risks or issues
- Communicate effectively with business unit management to keep informed of risks, new products, management initiatives, and to inform business unit management of risks and credit review department issues and upcoming review activities that may impact the business unit
- Communicate with and assist senior management in maintaining internal risk policies and procedures
- Prepare questions for interviews with current and prospective customer’s concerning their financial performance and outlook
- Handle interviews and questioning with CFO’s, Treasures, and Controllers necessary to complete necessary due-diligence
- Planning participative and adequate credit reviews utilizing a risk based approach
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Commercial Credit Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of commercial credit analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commercial credit analyst
- Clearly and concisely explain the key issues and recommend appropriate loan structures within the credit approval package
- Analyze and interpret financial statements and draw well thought out conclusions from analysis
- Consistently identify risk and suggest mitigating factors
- Assist with new business requests
- System Administration of Navigator
- Work proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving
- Demonstrate excellent communication skills both internally and externally and using those communication skills to effectively solve problems
- Spread client's financials on the various Credit Risk Grading models Agri Model
- Perform due diligence on new loan requests
- Analyze business financial statements and create cash flow models to be utilized in support of new and existing commercial loans, renewal requests, and amendments
Qualifications for commercial credit analyst
- Work with the Commercial Payments Loan Committee and help facilitate its record keeping in addition to circulating reports, memo’s, and other documentation
- Maintain knowledge of and control over the review progress and resolution of review issues and communicate progress or problems to senior management as deemed necessary
- Utilize technology to improve the efficiency and effectiveness of financial reviews
- Oversee projects as assigned and communicate conclusions verbally and/or in writing
- At least 1 year of credit analysis experience
- Credit review, underwriting, regulatory, or credit risk management experience preferred