Job Title: Credit Analyst
Department: Credit Administration
Reports To: Commercial Credit Underwriting Manager
FLSA Status: Non-exempt, hourly
Salary Grade: 19
Starting Range: $28.28 - $34.93 DOE
Our starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
SUMMARY
Are you a motivated and high performing individual who has strong people, organizational skills, and a desire to work at a local business dedicated to meeting the financial needs of its customers, validating the investment of its shareholders, and investing its time, money, and expertise to support worthy causes throughout Lake and Mendocino Counties? Savings Bank of Mendocino County has proudly been serving the needs of our communities since 1903 and is seeking a qualified professional for the role of Credit Analyst in the Credit Administration Department. This position involves working with confidential customer information; supporting Loan Officers, the Chief Credit Officer; loan software, data entry, and general clerical tasks.
The ideal candidate has two or more years of experience in a support role in a fast-paced, dynamic environment, which served the needs of multiple employees. A successful person in this role is organized; detail oriented; personable; has strong time management skills; and is comfortable interacting with a broad range of individuals, including customers, executive officers and third-party companies. SBMC is excited to add to our team of individuals seeking to fulfill the Bank’s vision of Investing in the future as your local independent bank, committed to the prosperity of our communities, employees and shareholders.
ESSENTIAL JOB FUNCTIONS & RESPONSIBILITIES
To perform this job successfully, an individual must be able to perform each essential job function satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Provides a positive customer service experience in harmony with our Customer Service Standards and Principles and Professional Standards.
- Analyzes business tax returns, financial statements, and personal tax returns (including K-1s) using financial spreading software, excel spreadsheets, etc. for cash flow analysis.
- Works with underwriters, loan officers, and borrowers, if needed, to collect necessary financial documentation and information to satisfy loan covenant requirements.
- Conducts Annual Term Loan Reviews for Bank’s real estate secured loan and C&I portfolio, orders site inspections, completes spreading (property specific and global cash flow), completes due diligence by reviewing financials and market data.
- Under supervision, conducts financial and risk analysis of ACH Origination requests.
- Performs comprehensive financial and risk analysis on small business loan requests by preparing credit memos for review by Credit Underwriting Manager.
- Completes borrowing base/collateral analysis.
- Understands and ensures compliance with all applicable regulations, policies, and procedures. Keeps up with changes to banking regulations and completes Bank training.
- Assists with special projects and performs other duties as assigned.
- Two years of progressively responsible experience in a high demand, multi-tasked professional position
- Associate’s Degree or equivalent from a two-year college/technical school in a related business field may substitute for experience
- Strong computer skills; experience with Microsoft Office Suite programs including Word, Excel, Outlook
PREFERENCES
- Bachelor’s degree in Finance, Accounting, or Economics, or related field
- Previous experience in banking, commercial lending, finance, or accounting
- Previous experience in one or more of the following:
- general accounting principles
- basic forms of financial documents; i.e. tax returns, schedules, and financial statements
-
- tax analysis methods and financial analysis tools
- interpreting financial documents
- loan origination software
- Advanced Microsoft Excel skills
- English/Spanish Bilingual
JOB COMPETENCIES
- Fostering Communication: Listens and communicates openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
- Creativity & Innovation: Shares ideas, new approaches and possible solutions.
- Analytical Thinking: Analyzes and synthesizes information to understand issues, identify options, and support sound decision making.
- Initiative: Deals with situations and issues proactively and persistently, seizing opportunities to go above and beyond.
- Attention to Detail:
- Reviews all relevant information before taking action or making a decision.
- Seeks out others to check or review work for accuracy and completeness.
- Quality Focus:
- Follows all policies and procedures set by the Bank.
- Consistently meets quality standards set by the Bank.
- Seeks opportunities for improvement.
- Fraud Detection and Control: Employs appropriate techniques and procedures for identifying, reporting, and preventing fraud.
- Teamwork: Works collaboratively with others to achieve organizational goals.
- Problem Solving: Identifies problems and the solutions to them.
- Product & Technical Knowledge: Understands the products and services provided.
- Time Management: Organizes and prioritizes tasks to maximize efficiency.
- Collaboration: Recognizes, values and leverages the unique perspectives, experiences, and talents of every individual; promoting cross-cultural understanding, fairness and belonging throughout the organization.
Job Title: Senior Credit Analyst
Department: Credit Administration
Reports To: Commercial Credit Underwriting Manager
FLSA Status: Non-exempt, hourly
Salary Grade: 21
Starting Range: $32.68 - $40.37 DOE
SUMMARY
Are you a motivated and high performing individual who has strong people, organizational skills, and a desire to work at a local business dedicated to meeting the financial needs of its customers, validating the investment of its shareholders, and investing its time, money, and expertise to support worthy causes throughout Lake and Mendocino Counties? Savings Bank of Mendocino County has proudly been serving the needs of our communities since 1903 and is seeking a qualified professional for the role of Senior Credit Analyst in the Credit Administration Department. This position involves working with confidential customer information; supporting Loan Officers, the Chief Credit Officer; loan software, data entry, and general clerical tasks.
The ideal candidate has two or more years of experience in a credit analyst role. A successful person in this role is organized; detail oriented; personable; has strong time management skills; and is comfortable interacting with a broad range of individuals, including customers, executive officers and third-party companies. Savings Bank is excited to add to our team of individuals seeking to fulfill the Bank’s vision of Investing in the future as your local independent bank, committed to the prosperity of our communities, employees and shareholders.
ESSENTIAL JOB FUNCTIONS & RESPONSIBILITIES
To perform this job successfully, an individual must be able to perform each essential job function satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
essential functions.
- Provides a positive customer service experience in harmony with our Customer Service Standards and Principles & Professional Standards.
- Analyzes business tax returns, financial statements, and personal tax returns (including K-1s) using financial spreading software, excel spreadsheets, etc. for cash flow analysis.
- Works with underwriters, loan officers, and borrowers, if needed, to collect necessary financial documentation and information to satisfy loan covenant requirements.
- Conducts Annual Term Loan Reviews for Bank’s real estate secured loan and C&I portfolio, orders site inspections, completes spreading (property specific and global cash flow), completes due diligence by reviewing financials and market data.
- Responsible for requesting and maintaining hospitality loan requirements including occupancy, revenue, RevPAR data. Creates reports and spreadsheets in a professional, organized manner for internal and external use, including auditors and Board of Directors.
- Conducts financial and risk analysis of ACH Origination requests.
- Performs comprehensive financial and risk analysis on commercial loans and small business loan requests by preparing credit memos for review by Credit Underwriting Manager.
- Completes borrowing base/collateral analysis.
- May provide feedback and guidance for loan structuring and business opportunities to small business lending department.
- Assists with training, coaching, and mentoring to Credit Analysts.
- Understands and ensures compliance with all applicable regulations, policies, and procedures. Keeps up with changes to banking regulations and completes Bank training.
- Assists with special projects and perform other duties as assigned.
MINIMUM QUALIFICATIONS
- High School Diploma or General Education Degree (GED)
- Two years’ experience in a credit analyst role including:
- loan origination software
- general accounting principles
- basic forms of financial documents; i.e. tax returns, schedules, and financial statements
- tax analysis methods and financial analysis tools
- interpreting financial documents
- Advanced computer skills; experience with Microsoft Office Suite programs including Word, Excel, Outlook.
PREFERENCES
- Completion of formal commercial credit training
- Bachelor’s degree in Finance, Accounting, or Economics, or related field
- English/Spanish Bilingual
JOB COMPETENCIES
- Fostering Communication: Listens and communicates openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
- Creativity & Innovation: Shares ideas, new approaches and possible solutions.
- Analytical Thinking: Analyzes and synthesizes information to understand issues, identify options, and support sound decision making.
- Initiative: Deals with situations and issues proactively and persistently, seizing opportunities to go above and beyond.
- Attention to Detail:
- Reviews all relevant information before taking action or making a decision.
- Seeks out others to check or review work for accuracy and completeness.
- Quality Focus:
- Follows all policies and procedures set by the Bank.
- Consistently meets quality standards set by the Bank.
- Seeks opportunities for improvement.
- Fraud Detection and Control: Employs appropriate techniques and procedures for identifying, reporting, and preventing fraud.
- Teamwork: Works collaboratively with others to achieve organizational goals.
- Problem Solving: Identifies problems and the solutions to them.
- Product & Technical Knowledge: Understands the products and services provided.
- Time Management: Organizes and prioritizes tasks to maximize efficiency.
- Career Development and Coaching: Shares knowledge with other employees; mentors others on how to perform work tasks and directs people to the appropriate source for further information.
- Collaboration: Recognizes, values and leverages the unique perspectives, experiences, and talents of every individual; promoting cross-cultural understanding, fairness and belonging throughout the organization.
POSITION BENEFITS
- Competitive, market-based pay
- Comprehensive insurance benefits package including medical, dental, vision and more
- 401(k) plan with maximum 6% employer match
- Profit Sharing plan
- Generous paid time off plans
- Employee Health and Wellness program
- Community volunteer opportunities
- Career development and training opportunities
EQUAL EMPLOYMENT OPPORTUNITY
Savings Bank of Mendocino County is an Equal Opportunity Employer and employment selections are based on merit, qualifications and abilities. Savings Bank of Mendocino County will consider all qualified applicants for employment and does not discriminate in employment opportunities or practices on the basis of: age, race, religion, color, sex, national origin, sexual orientation, gender identity, protected veteran, disability, or any other status protected by law.
PHYSICAL & MENTAL DEMANDS
The physical and mental 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 the essential functions.
This position is set in a quiet, office environment. The position is generally regarded as light work. Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects, including the human body. While performing the duties of this job, the employee may be required to alternately stand, walk, sit, reach with arms, talk or hear and use hands to write, type, and handle or feel objects, tools or controls. The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading. Some driving may be required.
Employee must possess the ability to read, write, perform basic math functions, understand basic communication and instructions, carry out instructions, complete basic problem-solving and analyzing of information, and make independent decisions within scope of responsibility.
A post-offer physical is not required for this position.
