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Credit Analyst

Career Details

Full-Time Foley, MN Posted on 7/14/2021

Falcon National Bank is looking for a Credit Analyst to join our team! At Falcon National Bank our Credit Analyst team works hard to serve our customers accurately and efficiently, truly demonstrating our Falcon values. If you are looking for a challenging role in a growing company look no further.

The Credit Analyst is responsible for the following:

  • Assists Loan Officers and Equipment Finance Division (EFD) in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture, policy, and current economic and industry trends.
  • Assists Loan Officers and EFD in gathering data from customers, internal and outside sources; prepares spreadsheets and analyzes financial information including financial statements and tax returns; contacts customers for additional information and clarification of data.
  • Utilize expertise in lending and credit analysis, along with communication, interpersonal, and coaching skills, to enhance the team’s skills and grow our commercial loan and lease portfolio. Knowledge of equipment leasing, SBA 7a, SBA 504, and USDA lending is helpful.
  • Analyzes credit bureaus, conducts industry peer comparisons, performs cash flow analyses, completes bank & trade reference calls, and other such tasks.
  • Writes financial reviews and reports to include, but not limited to; annual reviews, credit presentations, and MCF's and makes a recommendation on loan structures and terms to Loan Officers.
  • Assists Loan Officers and EFD in coordinating the processing of approved loans and leases; ensure loans and leases are processed according to the agreement, customer needs, and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans.
  • Informs Loan Officers when up-to-date financial statements are needed for commercial accounts; ensures credit inquires and UCC filings are researched to determine creditworthiness and appropriate collateral positioning are achieved.
  • Additional responsibilities include participating in the budgeting and strategic planning teams as well as contributing to the formulation, implementation, and administration of commercial lending policies and coordinating with other departments to meet the needs of our customers.
  • Assist Loan Officers and EFD in the review and renewal of credit facilities; provides backup support.
  • Checks pledged assets as requests.
  • Assists Loan Officers in the funding of construction loans to include site inspections.
  • Conduct and review bank evaluations of real estate and equipment values for collateral pledged as security for loans.
  • Develops knowledge of the financial industry, economy, market conditions, rates, vendors, and competition.
  • May represent the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business.
  • Reinforces the application of superior customer service through their own example and appropriate follow-through with involved customers and employees.
  • Assists in providing deposit and loan account ratings for Loan Officers and EFD.
  • Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
  • Answers telephones, answer questions and directs callers to proper Bank personnel.
  • Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.

Candidates with post-secondary education in credit, accounting, and finance are preferred. Falcon National Bank is actively involved in the community and candidates who have a passion for serving their community are also preferred. The ability to communicate, be detailed, provide excellent customer service, and be self-motivated is required.

Falcon National Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.