Commercial Credit Analyst Job Description
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:
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:
Desired experience for commercial credit analyst includes:
Commercial Credit Analyst Examples
Commercial Credit Analyst Job Description
- 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
- 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
Commercial Credit Analyst Job Description
- 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
- 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
Commercial Credit Analyst Job Description
- 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
- 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
Commercial Credit Analyst Job Description
- 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
- 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
Commercial Credit Analyst Job Description
- 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
- 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