Senior Credit Analyst

As a healthy, growing and thriving bank, we offer employees everything they need to flourish in the world of banking. That’s because we strongly believe our people are our strongest assets. From advancement opportunities to employee development, we invest in our people to be the best they can be.

Mt. Clemens, MI

Chemical Bank

<p><strong>Since 1917, Chemical Bank&rsquo;s home town approach to banking has been focused on community banking, highlighted by local leadership and decision making, a devotion to community and personalized service. We pride ourselves on being an Equal Opportunity Employer.<br /><br />As a Chemical Banker, you will join other professionals who share our community banking philosophy of making a positive impact where we live, work and play. You will be a part of a growing community bank that believes in the dreams of its customers and employees alike. With Chemical Bank, you will make a difference in your community while enjoying excellent benefits and top career opportunities. Visit our&nbsp;<a href="https://www.chemicalbank.com/careers/">Careers Page</a>&nbsp;for more information.</strong></p> <br /> <p>&nbsp;</p> https://www.chemicalbank.com/

keywords: summary,support,prepare,write,collaborate,communication,degree,experience,communication,knowledge

Full-Time

Competitive Compensation and Benefits Package

Overview: <p style="margin: 0in 0in 8pt;"><span style="font-family: 'Verdana',sans-serif; font-size: 9pt;">A Senior Credit Analyst will Work with Commercial Relationship Managers to provide and assist with an underwriting analysis and loan structure that accurately determines the credit worthiness of commercial credit customers and identifies and mitigates key risks.</span><span style="font-size: 12pt;"><strong><u><span style="font-family: Verdana, sans-serif;"><br /><br /></span></u></strong></span></p> <p>&nbsp;</p> <p>&nbsp;</p>
Responsibilities: <p style="margin: 0in 0in 8pt;"><span style="font-size: 9pt;"><span style="font-family: Verdana, sans-serif;">Prepare underwriting analysis for new loan renewals and modifications, includes a detailed analysis of financial performance, financial condition, and identification of key risks and mitigating factors. These loans will primarily be at the loan committee level and above.</span></span></p> <ul> <li>Prepare financial projections and stress tests.</li> <li>Prior to completing a credit write-up, ask the questions that have not been asked and seek out information not provided in order to complete a thorough credit write up.</li> <li>Write an objective narrative on the credit worthiness of the loan proposal.</li> <li>Assist the commercial relationship managers with loan structure, including covenant package, reporting requirements, advance rates and pricing.</li> <li>Proactively communicate timely updates and deliver final loan presentations within the established service standard timeframe.</li> <li>Assist commercial relationship managers on customer calls and assist with tracking financial reporting and monitoring requirements.</li> <li>Assist the commercial relationship managers with credit approval presentations.</li> <li>Assist commercial relationship managers on prospect calls and loan closings.</li> <li>Participate in developmental events and programs sponsored by the Risk Management Association (RMA), American Bankers Association (ABA), or other similar organizations, as well as the Bank&rsquo;s internal training program.</li> <li>Take a dynamic approach to the job by initiating actions and making decisions.</li> </ul> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <h2 class="iCIMS_InfoMsg iCIMS_InfoField_Job">&nbsp;</h2> <div class="iCIMS_InfoMsg iCIMS_InfoMsg_Job">&nbsp;</div>
Requirements: <ul> <li>Bachelor's degree in Accounting and/or Finance required - Bachelor&rsquo;s degree in Economics may also be considered, based on Accounting and Finance courses taken.</li> <li>1 - 3 Years&rsquo; Experience of commercial credit analyst/underwriting experience preferred</li> <li>Completion of formal credit training with demonstrated knowledge preferred</li> <li>Working knowledge of and compliance with bank policies, procedures and regulations</li> <li>Must have proficient verbal and written communication skills.</li> <li>Excellent organization skills and accuracy.</li> <li>Excellent skills in using Microsoft Excel and Word</li> <li>Attention to Detail</li> <li>Works effectively in a team</li> <li>Analytical Skills</li> </ul> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 3pt 0in 8pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 19.6pt 0in 0pt;">&nbsp;</p>