Commercial Credit Analyst - Bakersfield Ming
JOB SUMMARY:
The Commercial Credit Analyst will provide support for the Director of Underwriting and Portfolio Management. The role will help monitor the commercial banking portfolio. This individual will play a key role in calculating borrowing bases to ensure that the borrower's collateral is sufficient to support their outstanding balance on their credit line, and monitoring the borrowers' compliance with the terms outlined in their business loan agreement. The role will be critical in monitoring the Bank's commercial loan portfolio and identifying borrowers that are experiencing a deterioration in financial performance.
RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO:
• Perform detailed calculations of borrowing cases by assessing the value of various forms of collateral (accounts receivable, inventory, fixed assets, etc.)
• Apply advance rates and other relevant factors to determine maximum loan amounts for borrowers and update maximum borrowing limits with Loan Boarding
• Monitor tickler reports and identify borrowers that are delinquent with financial reporting and/or are in violation of financial covenants
• Review portfolio reports and analyze trends in concentrations in loan types, concentration in industries, delinquencies, risk ratings, or any other requested data point
• Assist in tracking delinquencies in the portfolio and ensure Relations Managers and Portfolio Managers are proactively engaging with borrowers as soon as a loan becomes delinquent
• Assist in tracking maturities to ensure loans are renewed or extended prior to maturity
• Assist with preparation for internal and external audits, ensuring that the electronic credit files are complete and any financial reporting or financial covenant violations have been identified and reported
• Complete any special projects or tasks assigned by Executive Management
• Other duties and responsibilities as assigned
EDUCATION AND EXPERIENCE:
Two years of college with one to two years of related experience and/or training, or equivalent combination of education and experience. A bachelor's degree in Finance, Accounting, Business Administration, or a related field is a plus.
WORK ENVIRONMENT:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners, filing cabinets, and fax machines. The noise level in the work environment is usually moderate. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
PHYSICAL REQUIREMENTS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is frequently required to stand; use hands to handle or feel; reach with hands and arms, and talk or hear. The employee is occasionally required to walk and sit. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
