Job Description

Looking for a Commercial Loan Analyst ll or lll for a strong financial institution in the Cleveland area. Conducting screening calls today. Quick and seamless interview process!

Duties and Responsibilities Level 2:

1. Contacts borrowers and tracks receipt of annual financial information as required by the loan documents; analyzes financial statements of all levels of quality to develop an initial assessment by identifying strengths and weaknesses as pertaining to a borrower’s historical and current operating performance.
2. Completes and reviews existing bank commercial loans and completes risk rating analysis on portions of the portfolio; reviews loan documentation for completeness and accuracy; indicates any missing documentation; prepares and reviews in depth written analyses for relationships of all sizes and all levels of complexity; ensures compliance testing of loan requirements.
3. Researches industry specific information from outside sources, including conversations with the borrower, industry publications, area libraries, credit agencies, as well as accessing information through the internet; assists loan officers with questions.
4. Presents loan reviews to committee, including risk rating recommendation and the analysis and merits behind the rating; articulates reasoning behind the rating and defends recommendation if needed.
5. Creates and maintains credit files; performs credit analysis; analyzes customer financial information; generate reports based on commercial loan portfolio.
6. Performs credit loan review due diligence, quantitative analysis; conducts risk ratings on credits or credit analysis; monitors financial statements; requests financials and letters of credit; performs compliance testing of loan requirements.
7. Prepares credit risk reviews for annual audit.
8. Attends training and works with experienced credit analysts to develop credit analyst skill set and technique and builds banking knowledge.
9. Keeps up to date and complies with all bank policies/procedures as well as applicable banking laws and regulations.
10. Analyze all financial statements in conjunction with underwriting commercial loan requests. Prepare, analyze, and review in depth written analysis for relationships. Prepare complete credit presentation that incorporates and analyzes all relevant borrower and related financial information. Loan requests include CRE and C&I.
11. Work with Loan Officer / Business Banker to assemble all financial information as to develop an initial assessment by identifying strengths and weaknesses as pertaining to a borrower’s historical operating performance.  
12. Review loan structure of new requests identifying any risks or policy exceptions. Make recommendations on loan structure or reporting requirements where appropriate.  
13. Expert knowledge of industry and bank credit and underwriting procedures and practices. 
14. Monitors service providers and vendors effectively; structures relationships with service providers in a strategic manner; sets expectations; develops performance metrics; measures vendor performance, provides feedback and holds accountable.

Qualifications and Skills Level 2:

1. 3 to 10 years of experience in financial analysis or credit analysis is required.
2. Bachelor’s degree or commensurate experience is required.
3. Experience in financial analysis or credit analysis is preferred.
4. Proficiency in MS Office [Outlook, Excel, Word] or similar software is required. EasyLender, Cleartouch, OnBase, various government and investor software/web portals is preferred. CreditQuest is preferred.
5. Experience in financial services or banking is preferred. 

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.