CREDIT ANALYST Job at Intracoastal Bank in Palm Coast

Description:

At Intracoastal Bank, you will be part of a diverse team of top performers in banking that is passionate about providing exceptional service and banking solutions to our communities to help them thrive. You will be inspired by the stability and integrity of our community bank and proud of the relationships you build that help your clients succeed.

Why Intracoastal Bank?

• It’s like working for a small business that happens to be a bank that is unique in the industry.
• We have an entrepreneurial spirit!
• You get to work with the “A” team of bankers.
• You’ll have a positive work environment with supportive managers and teammates.
• You’re encouraged to become passionate about and involved in your community.
• You will be empowered to impact change.
• You will experience the reward of assisting in the growth and success of local businesses.
• You will be part of a company that invests in you!

Exceptional Benefits Package!

• Employee Stock Ownership Program (ESOP): You will have the opportunity to participate in and reap the rewards of the growth of the company through this prestigious profit-sharing program.
• 401k Retirement Plan: You will also be able to participate in a 401k retirement program.
• Professional Development: You will receive tuition assistance for your professional development.
• Paid Time Off: You will have 11 paid holidays, a paid birthday/flex day, and 15 PTO days per year.
• Health Insurance: You will have fully-paid employee health insurance with several options to choose from.
• Other Insurance: You will be able to enroll in other group insurance benefits such as dental, vision, life, disability, as well as pet insurance, legal aid, auto/home insurance, identity theft protection, other supplemental benefits, and an Employee Assistance Program (EAP).
• And there’s more! You get a free checking and savings account and a free safety deposit box.

The Credit Analyst provides a wide range of credit and sales support services to the Bank lending group including identification of cross sales opportunities, preparation of credit approval packages, annual reviews, and renewals of complex credits. This role may act as secondary contact on client relationships and coordinates credit and loan portfolio administration support for Senior Lender and several Commercial Relationship Managers.

What you’ll do in this “A” Team role:

• Support management of the Bank’s lending operation and loan portfolio, including credit underwriting, loan procurement and production, and credit administration, documentation, and servicing.
• Support all aspects of the credit policy function including underwriting, regulatory relations, and compliance.
• Prepare lending credit related reports for financial institution officers and Board of Directors.
• Assist in developing and implementing departmental reports for management.
• Assist in analysis and screen loan requests for all types of loans.
• May assist in presenting requests to management, loan committee, and Board of Directors when the proposed loan is beyond departmental lending authority.
• Package loans and recommend loan terms and conditions.
• Support management with large or complex commercial and commercial real estate loans, as needed.
• Help counsel loan customers on loan management and beneficial financial strategies.
• Support business development activities, such as joint customer calls with Relationship Managers.
• Make recommendations to management on credit process improvements or changes.
• Maintain and enhance information based on local and national economics, as well as other concerns that would impact the financial institution’s lending activities.
• Effectively represent the Bank in the community.
• Assist Senior Lender in management and monitoring performance of Bank’s loan portfolio, from both credit and quality profitability.
• Participate as a member of the Loan Committee.
• Participate in continuing education programs and seminars to stay abreast of changing rules and regulations affecting the Bank.
• Perform any actions necessary to assure the safeness and soundness of the Bank in accordance and compliance with all appropriate State and Federal regulations governing the Bank’s lending activities.
• Support Senior Management and the Board of Directors in other assigned areas as needed.
• Other duties and responsibilities as assigned.

Intracoastal Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Requirements:

What’s required of this role for you to join the Intracoastal “A” team?

• Bachelor’s degree in Accounting, Finance or Business preferred.
• At least 3 years of experience in commercial banking or commercial credit role OR as credit analyst or commercial portfolio management.
• Three to five years of experience in credit analysis and/or lending activities OR graduate of Commercial Training Program preferred.
• Experience in lending in a community bank setting preferred.
• Thorough computer navigation skills using a variety of commercial and proprietary software packages, including Microsoft Windows, Word, Excel, and Outlook.
• Excellent technical report writing skills.
• Excellent verbal and written communication skills.

What else should you bring with you to the “A” Team?

• Knowledge of lending, credit administration, risk analysis, and lending processes.
• Ability to read, analyze, and interpret financial data, financial reports, and legal documents.
• Ability to perform moderately complex calculations.
• Ability to effectively research, analyze, evaluate, and articulate conclusions to make recommendations.
• Ability to read, listen, understand, and communicate information and ideas in a clear and understandable manner, both orally and in writing.
• Proficient at prioritizing assigned tasks and multi-tasking.