Credit Analyst II

    • Job Tracking ID: 512371-609046
    • Job Location: Ann Arbor, MI
    • Job Level: Any
    • Level of Education: Any
    • Job Type: Full-Time/Regular
    • Date Updated: March 23, 2018
    • Years of Experience: Any
    • Starting Date: ASAP
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Job Description:

Use your analytical skills to independently and objectively evaluate the creditworthiness of current and prospective commercial borrowers and external Bank vendors and perform various administrative duties and projects to support the Bank’s ongoing credit and risk administrative functions.?

Essential Functions:

?Prepare timely and insightful credit analysis applications for a diverse, medium to high complexity and sophisticated portfolio of commercial & industrial, commercial real estate and private banking /? professional services commercial loan customers.? Loan size may range from $100,000 for more straight forward lines of credit to $20 million for more complex credits.? Create thorough and concise analyses of the risks and mitigates of pending commercial loan requests by reviewing and analyzing the borrowers? financial statements, including but not limited to income statements, cash flow statements, balance sheets, tax returns, personal financial statements, real estate and C&I collateral appraisal reports, and environmental assessment reports.

Prepare advanced sensitivity analyses, pro forma cash flows, and assessments of collateral and guarantor financial condition.? Conduct analysis of the market (customers) and industry (competition, suppliers, substitutes, and potential new entrants) and management teams and/?or deal sponsors.? Provide independent recommendations to credit and lending management on whether to approve or renew loans, modify terms of existing loans, maintain or change risk ratings of existing loans, and otherwise suggesting the appropriate credit action.?

Conduct independent and objective annual reviews of existing loans as well as scheduled and unscheduled loan reviews of the existing portfolio.?

?Review approval conditions vis-a-vis the loan documentation for existing loans to ensure integrity of the credit process.?

Evaluate and opine on appraisals and environmental reports as part of the underwriting analysis.

?Assist in the discussions of risk elements at Loan Committees.?

Capture minutes and perform various administration duties for Loan Committees.

Loan Committees:?

Interact with senior committee members in managing the process.

?Help manage the workflow and the pipeline as requested by the Credit Manager and in his/?her absence.?

?Coach and mentor junior staff.

?Actively participate in ongoing training and development through a combination of the Bank’?s formal credit training curriculum, self-study, and self-development.?

Assist with special projects and reporting assignments in Credit Administration.?

Stay current on banking regulations and audit, regulatory and compliance requirements.?

Administrative, Supervision, and Training Responsibilities:
?The Credit Analyst II will train/?coach less experienced analysts, provide a daily advisory role and peer support for other analysts.?

Risk Assessment Level:
?The Credit Analyst II underwrites primarily medium to large sized loans, generally from $100M-20MM.

Experience and Skills:


The ability to work as an integral and engaging team member is crucial and one of key attitude prerequisites in joining the Credit Analysis team.? Also important is the ability to work within tight timeframes and balance several projects at one time.?

Bachelor Degree in accounting, finance or economics is preferred. MBA or similar advance degree or coursework is a plus.

?3 years relevant experience is required with a preference for direct credit analysis experience in a commercial lending environment or financial analysis in an investment management, finance, accounting or comparable field.?

?An acute comprehension of GAAP.

Advanced financial modeling skills are required.?

?The successful completion of a formal credit /?financial analyst training program is strongly preferred.?

?Proficiency with Microsoft Office products (Word, Excel, Power Point, etc.?) and financial statement spreading software is required.

Strong writing skills.

You should be naturally inquisitive with a problem-solving mindset, be flexible and able to adapt to frequently changing priorities, have a positive attitude and ability to complete work within the required, often fast-moving timelines.?

Good organizational skills and ability to multi-task are essential.?

Position requires the capacity to provide guidance to more junior credit analysts.?

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or finger, handle, or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl.

The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus.

The noise level in the work environment is usually moderate.