Senior Credit Analyst (Hudson Valley)

Senior Credit Analyst (Hudson Valley)

Company: Hireloom

Job Location: Remote (Work from home), India

Employment Type: Full-time

Note The job is a remote job and is open to candidates in USA.

Tompkins Community Bank is a financial institution focused on providing banking services to its community.

The Senior Credit Analyst is responsible for developing analytical credit information to assist lending officers and senior management in making informed credit decisions, while also participating in loan reviews and providing guidance to junior staff.

Responsibilities

Develop and analyze credit information

Determine what financial documents are needed

Review financial statements and tax returns for completeness and accuracy

Perform an in-depth financial statement analysis

Research debt and deposit relationships from all internal bank systems

Spread financials to generate common sized reports, financial ratios and trend reports

Evaluate and analyze above reports

Understand and use tax returns for credit evaluation

Prepare in-depth cash flow analysis of companies and individuals

Interpret Credit Bureau reports

Determine the need for more thorough investigations, contacts appropriate sources

Analyze collateral value through use of receivables aging, real estate appraisals, etc

Identify strengths and weakness of credit analyzed

Assign and substantiate appropriate risk rating to each credit

Prepare a Profitability Model based on proposed banking relationship

Prepare and present an accurate summary analysis, recommend loan structure, and summarize borrowers creditworthiness

Review collateral and supporting documents for completeness and accuracy

Become familiar with characteristics of various industries and business structures and sustain continual research

Understand and evaluate residential and commercial real estate appraisals, including use of a fair capitalization rate

Become familiar with governing regulations (USPAP) in order to prepare appraisal reviews

Follow up with appraiser for missing information or lack of documentation

Become familiar with commercial loan policy manual, apply policies and report policy exceptions

Become familiar with the Uniform Commercial Code and other loan documentation related to lien perfection and protection of Companys collateral

Serve as a liaison to regulators, appraisers, borrowers, and internal/external auditors

Review credit memos to track and monitor exceptions to bank policy manual

Assist the residential mortgage area in analyzing self-employed people and perform agency audits, as needed

Provide analytical support to various departments throughout the Company, as needed

Perform independent validation of risk rating and loan authority component of loan funding in accordance with FDICIA and Sarbanes-Oxley requirements, as needed

Respect highly sensitive nature of position and treats all information in a confidential manner

All other duties as assigned

Skills

A Bachelor's Degree in Business, Accounting, Finance (or an Associate's Degree plus two (2) years' of experience

Minimum of five (5) years' banking or related field experience

Excellent verbal and written communication

Working knowledge of microcomputer systems, including Microsoft Excel, Microsoft Word and Baker Hill Statement Analyzer software

Current knowledge of techniques necessary to analyze business financial conditions including an acute awareness of the implications that financial and non-financial factors can have in assessing a borrower's ability to service debt obligations

Demonstrated ability to progress within a company's credit department with increasing responsibility and able to work independently

Benefits

Medical

Dental

Vision

401(k) Match

Profit Sharing

Paid Time Off

11 Holidays

Tuition Reimbursement

Free Parking throughout Tompkins Community Bank

Employee Referrals

Company Overview

Tompkins Community Bank offers banking, insurance, and wealth management services to local families and businesses. It was founded in 1836, and is headquartered in Ithaca, New York, USA, with a workforce of 1hidden_mobile employees. Its website is https//www.tompkinsbank.com. .