Credit Analyst

Job Description

Credit Analyst | Citizens Business Bank

The Tone:
This is a full-time role at Citizens Business Bank, providing crucial basic credit analysis in support of the Bank’s broader lending function. The position is essential for ensuring the delivery of consistent and reliable analytical services. The Credit Analyst contributes significantly to enhancing the overall quality of credit analysis provided by the Credit Management Division to bank associates, ensuring that all analytical products are delivered effectively and efficiently within established service level agreement timeframes.

The TL;DR
• Role: Early Career
• Location: In-person
• Team: Reports to the Chief Credit Officer or Deputy Chief Credit Officer within the Credit Management Department.
• Mission: Provides basic credit analysis to support the Bank’s lending function across the organization.
• Tech Stack: Moody’s statement analyzer, Microsoft Excel, MS Word, Moody’s Financial Analysis

What You’ll Actually Do
• Spread Financials: Analyze and accurately spread financial statements and tax returns utilizing the Moody’s statement analyzer.
• Calculate Cash Flows: Generate complete personal cash flow reports using Excel or other spreadsheet programs, drawing from tax returns, personal financial statements, and credit reports.
• Prepare Preliminary Analysis: Develop accurate, clear, and concise preliminary analyses of financial information, then formulate specific questions for review by Credit Officers and Credit Administrators.
• Discuss Credit Information: Engage in discussions with Center and Department personnel regarding credit requests and related financial details.
• Monitor File Completeness: Review all incoming credit files for the Credit Management Division to ensure compliance with completeness requirements.

The Must-Haves
• Background: A Bachelor’s degree from an accredited college or four-year university is required, or an equivalent combination of education and one to two years of related experience and/or training. Candidates must have specific college-level coursework in Accounting, including Introductory and Intermediate Accounting, demonstrating a good understanding of basic accounting concepts.
• Experience: Demonstrated proficiency in basic computer skills, including Microsoft Excel Spreadsheet software, MS Word software, and Moody’s Financial Analysis software.
• Skills: Possess the ability to read, analyze, and interpret general business periodicals, financial documents, and technical procedures; demonstrate strong written and verbal communication for reports, correspondence, and client interactions; and apply mathematical skills for financial calculations such as interest, proportions, and percentages, alongside common sense reasoning for detailed instructions.