Bank of Utah
Credit Analyst
Bank of Utah, Brigham City, Utah, United States, 84302
We are currently looking for Credit Analyst to work Monday-Friday 8:30-5:30 and located at our Brigham City Branch located at 80 E 800 S Brigham City, UT. The primary job function is to evaluate individual credits for compliance with underwriting guidelines and accuracy of risk rating. Evaluates individual credits for compliance with underwriting guidelines and accuracy of risk rating. Analyzes bank's loan portfolio for deterioration in quality. Researches local and national economic trends and interprets the potential impact on the loan portfolio. Analyzes and spreads customer financial statements. Evaluates risks in the loan portfolio and prepares management reports on the status of the loan portfolio.
Experience/Skills/Education necessary to perform duties:
Good computer skills including but not limited to those found in a Windows environment. Good analytical, oral and written communication skills combined with the ability to present information in a clear and concise manner. BS Degree in Accounting or Finance or 2 years equivalent experience. Ability to work in a team setting.
Regular Duties and Responsibilities:
Review Bank Loans. Critiques and evaluates loans for deterioration in credit quality. Scrutinizes individual loan files for compliance with Bank policy, federal regulations, completeness and accuracy of loan documents, financial strength of borrower, strength of collateral position and accuracy in risk grading. Identifies weakness in credits for potential problems and/or losses and recommends corrective actions. Researches economic information and monitors economic trends in the major industries affecting our loan portfolio and determines if additional risks to the bank have occurred. Analyze Borrower's financial position. Spreads and analyzes borrower's financial statements and prepares written summaries of findings for use by Loan Officers on applications for new loans and annual renewals. Analyzes and compares borrower financial performance to peer groups using national statistics. Conducts full loan analysis, including industry and local economic trends and risks, of selected borrowers. Preparation of Prescreen on existing and prospective Borrowers. Portfolio Risk Analysis. Researches and analyzes information relative to the bank's risk in identified areas of loan and industry concentrations. Prepares management reports of specific economic or market trends affecting the bank's loan portfolio. Conduct annual evaluations of large credits. Performs an examination and evaluation of individual loan officer and/or branch loan portfolios. Prepares various management reports as assigned by department management. Attendance is an essential function of the job. Other duties as assigned.
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Experience/Skills/Education necessary to perform duties:
Good computer skills including but not limited to those found in a Windows environment. Good analytical, oral and written communication skills combined with the ability to present information in a clear and concise manner. BS Degree in Accounting or Finance or 2 years equivalent experience. Ability to work in a team setting.
Regular Duties and Responsibilities:
Review Bank Loans. Critiques and evaluates loans for deterioration in credit quality. Scrutinizes individual loan files for compliance with Bank policy, federal regulations, completeness and accuracy of loan documents, financial strength of borrower, strength of collateral position and accuracy in risk grading. Identifies weakness in credits for potential problems and/or losses and recommends corrective actions. Researches economic information and monitors economic trends in the major industries affecting our loan portfolio and determines if additional risks to the bank have occurred. Analyze Borrower's financial position. Spreads and analyzes borrower's financial statements and prepares written summaries of findings for use by Loan Officers on applications for new loans and annual renewals. Analyzes and compares borrower financial performance to peer groups using national statistics. Conducts full loan analysis, including industry and local economic trends and risks, of selected borrowers. Preparation of Prescreen on existing and prospective Borrowers. Portfolio Risk Analysis. Researches and analyzes information relative to the bank's risk in identified areas of loan and industry concentrations. Prepares management reports of specific economic or market trends affecting the bank's loan portfolio. Conduct annual evaluations of large credits. Performs an examination and evaluation of individual loan officer and/or branch loan portfolios. Prepares various management reports as assigned by department management. Attendance is an essential function of the job. Other duties as assigned.
#FinanceBanking