Job Description

The Position

Our Pennsylvania-based bank client is seeking to fill a Sr. Credit Analyst role in the Philadelphia, PA area. The successful candidate will provide exceptional credit support to the Commercial Lending team and CCO by preparing analyses and assistance in the preparation of credit memo presentations.

This position comes with a generous salary of up to $85K and full benefits package. (This is a hybrid remote position – must live near Philadelphia, PA.)

Sr. Credit Analyst responsibilities include:

• Working with Senior Credit Analyst, Credit Officer, and CCO to ensure consistent and accurate credit analysis and loan presentations.
• Preparing financial statement spreads and performing a comprehensive analysis of cash flow.
• Working with lenders to provide timely response and turnaround by monitoring and prioritizing the pipeline.
• Making collateral valuation recommendations and loan structure recommendations with Credit Officer.
• Preparing annual review and covenant tests.
• Preparing analysis of less complex loan requests, reviews, and renewals.
• Evaluating individual personal financial statements, tax returns, and preparing global cash flows.
• Conducting industry and market analysis to identify risks and risk-mitigating factors.
• Providing support and analysis to the Special Assets Group.
• Verifying compliance with credit policy, applicable regulations, and lending procedures.
• Performing other duties as assigned.

Requirements

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• BA or BS in Accounting, Finance, Economics or related field required OR equivalent experience in commercial lending.
• Completion of Credit Trainee Program or equivalent experience.
• Comprehensive knowledge of commercial lending best practices, including loan structure, covenant, and risk mitigants.
• Experience in analyzing complex financial statements and tax returns.
• Knowledge of collateral valuation methods.
• Demonstrated analytical and quantitative skills, with prior knowledge of accounting principles.
• Exceptional verbal and written communication skills.
• Ability to articulate bank strategies and customer service philosophy.
• Must be proficient with MS Office software and able to quickly master the bank’s technology and systems.

Benefits

This position comes with a generous salary of up to $85K and full benefits package. (This is a hybrid remote position – must live near Philadelphia, PA.)