With direction and supervision from Credit Administration, provides direct support to assigned Relationship Managers to develop and analyze all relevant credit information in conjunction with account officers pertaining to more complex commercial, business loan and real estate loans. Prepares or assists in the preparation of Credit Authorizations in accordance with Bank’s policies and procedures for presentation to senior credit personnel and/or credit committees. Spreads and analyzes financial statement information to determine financial capacity of borrowers. Prepares thorough analysis of business and/or personal financial statements, and presents facts and is expected to provide personal analytical opinions, as appropriate, concerning creditworthiness of existing borrowers and prospects.
PRIMARY FUNCTIONS (Other duties may be assigned)
- Interacts directly with relationship managers and customers/prospects regarding commercial business loans.
- Prepares accurate financial statement spreadsheets and debt service analysis derived from business and personal financial statements and tax returns.
- Prepares accurate Credit Authorization’s in conjunction with loan officers, and presents a complete and thorough analysis of existing and potential borrowers.
- Recognize and act on customer prospects; cross sell opportunities with existing customers.
- Make proper referral of loan opportunities to lending personnel.
- Interacts independently, without direction with customers/prospects to request financial information to complete spreading presentations and other financial analysis.
- Assists in the accurate determination of a borrower’s debt service capacity in conformity to the type of credit analyzed.
- Reviews loan agreement covenants for verification of the compliance thereto.
- Accurately prepares financial projections as required.
- Maintains an accurate, up-to-date tracking log of all activity and credit arrangements in process.
- Collects industry information relevant to existing and proposed borrowers using internal & external sources.
- Conducts trade and reference checks on customers/prospects.
- Review documentation to ensure compliance with Bank policy and procedures.
- Handle customer request and complaints with prompt, professional and courteous attention.
- Provide leadership and take corrective action as necessary when objectives are not being attained
Job Type: Full-time
Experience:
- Banking and financial terminology: 1 year (Required)
Education:
- High school or equivalent (Required)
Location:
- Los Angeles, CA 90025 (Required)