Job Information
Northwest Bank Credit Analyst II in Columbus, Ohio
Description Job Summary The Credit Analyst II is responsible for performing financial statement spreading, underwriting and credit analysis to support commercial lending and commercial loan portfolio management activities. The Credit Analyst II will complete credit memos representing new money requests, annual reviews, renewals, change memos and modifications. Essential Functions Prepare timely, high quality credit analysis and recommendations that accurately and thoroughly evaluate the strengths and weaknesses associated with credit actions. Effectively analyze financial statements and related data, industry risk, loan structure and market conditions to assess the overall creditworthiness and repayment ability of borrowers. Utilize financial spreading software as well as other financial analysis tools to evaluate borrower's cash flow and determine adequacy of the borrower's primary and secondary repayment sources. Conduct underwriting, identify credit risks, analyze repayment capacity and prepare collateral coverage and present in a narrative format within credit memos or modifications to support requests for new money, renewals, annual reviews and modifications. Work within the guidance of the credit approval team to recommend appropriate credit structuring, documentation, and risk controls on credit requests. Assist in determining the appropriate level of underwriting and due diligence for the credit's risk profile Complete underwriting tasks within expected service level and turnaround times. Participate in business calls with commercial lending and credit administration teams. Maintain a working knowledge of macroeconomic issues in local markets and regional industries Maintain data integrity with the underwriting platform to ensure accurate record of credit relationships. Responsible for all compliance and audit-related matters in area of responsibility Remain current on all banking rules and regulations relating to Credit Administration, Commercial Lending and Appraisals Identify policy exceptions for credit requests consistent with the Bank's Commercial Credit Policy. Monitor, develop, and suggest revisions to workflows and procedures as necessary to enhance efficiency and minimize expenses Identify potential for credit losses and mitigate risk appropriately Utilize risk rating models to accurately determine risk ratings for credit requests. Prioritize work assignments with guidance from the Credit Officer and Lending team. Evaluate the financial condition of guarantors through the effective analysis of personal financial statements and personal tax returns. Perform loan covenant testing calculations and update covenant compliance records Complete education, as identified or assigned, that provides expertise in loan underwriting, loan structuring, and overall professional development. Develop business writing and professional communication skills. Review loan documentation to confirm accuracy. Perform other related duties and/or projects as assigned. Serve, when requested, on special teams and projects Provide educational training and support for new analysts Ensure compliance with Northwest's policies and procedures, and Federal/State regulations Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency Work as part of a team Work with on-site equipment Education and Experience Required Bachelor's degree in business administration, management, accounting, finance, or other related discipline 3-5 years of relevant commercial lending or credit administration experience, specifically related to CRE and C&I lending Location: This position may be performed in a hybrid capacity out of any office in our footprint. The pay range for this position is generally $26 - $48 per hour. Act