Commercial Credit Analyst

Commercial Credit Analyst

Job Summary:

Commercial Credit Analysts support the revenue growth and asset quality of the commercial lending line of business by participating in new client relationship development activities, functioning as part of the lending partnership, monitoring existing client relationships, and managing credit risk to ensure that loans are quality assets and well-structured to mitigate portfolio risk. They understand the nature of the businesses and industries served, promote and support the bank’s loan policies, credit culture, and strategic initiatives, and examine, evaluate, authorize, or recommend approval of customer applications for commercial loans while effectively managing a commercial loan portfolio.

Key Obligations and Roles:

• Assess the financial information of current and prospective borrowers to ascertain their financial stability and ability to repay loans, conduct periodic and yearly reviews, assess covenant compliance, and make amendments to loan agreements as required.
• Review thoroughly all the sources of credit and financial data available, including reporting services, credit agencies, and trade referrals, while having insight into the market and industry within which the customer operates.
• Evaluate the collateral provided for a loan and meet or communicate with borrowers and accountants as required.
• Aggregate and display financial statistics, industry data, economic drivers, and market fluctuations in requested frameworks, analyzing proportions, tendencies, and financial flows.
• Prepare meticulous and astute credit summaries that outline risks, repayment origins, policy exceptions, and collateral appraisals.
• Knowing credit culture and loan policies extensively is important for offering advice on risk appetite, policy adherence, and exceptional cases.
• Effectively manage various loan options, including those with complex borrower requirements, and collaboratively design loan structures with Commercial Bankers.
• Assure that loan agreements are complete and precise in accordance with approvals to aid in the prompt closing and funding of loans.
• Handle loan portfolios to guarantee they adhere to approved terms and comply with loan documentation protocols.
• Stay ahead of the curve by identifying developing trends and weaknesses to minimize risk exposure, decrease credit risk, and mitigate delinquency and financial loss effectively.
• Observe borrower compliance, repayment statuses, covenant monitoring, documentation, and undertake periodic borrower assessments.
• Use delegated lending discretion appropriately.
• Aid in overseeing problem loans and minimizing write-offs within the Special Assets Department by monitoring repayment schedules and non-accrual rates.
• Keep current on market conditions, industry trends, regulatory suggestions, and analytical methodologies.
• Demonstrate proficiency in managing time efficiently and organizing tasks effectively.
• Coordinate with various departments to ensure timely and accurate underwriting processes.
• Uphold the values and policies specified in Seacoast Bank's Code of Conduct.

Education and Experience:

• Having a Bachelor's degree (BS or BA) or higher from a four-year accredited university with a primary focus on finance, accounting, or business is advantageous.
• The role necessitates a minimum of ten years of relevant experience in assessing commercial credit, commercial loaning, loan structuring, underwriting procedures, financial disciplines, and portfolio stewardship.
• Consideration is given to applicants with formal education in commercial credit.
• Expertise in building and sustaining robust analytical and risk management skills throughout the process of complex transactions.
• Competence in utilizing sound judgment to evaluate credit approvals, loan structures, and recommendations for operational management.
• Knowledge of different industries and varieties of commercial properties.
• Evaluating economic and market conditions in relation to assigned markets or business segments based on previous experience.
• Expertise in the analysis of collateral and the evaluation of its value through practical experience.
• Understanding of commercial lending protocols, methods, and operations including loan initiation, underwriting, documentation, and credit risk analysis.

Equal Opportunity Employer:

It is essential for candidates to familiarize themselves with the information outlined in the Department of Labor's Know Your Rights disclosure.

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