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Credit Analyst I

Company: First Farmers & Merc
Location: Columbia
Posted on: November 24, 2022

Job Description:

Date: June 23, 2022 - Job Location: First Farmers and Merchants Bank,816 South Garden St,, TN 38401 Education Level: Bachelor's Degree - Job Type: Full Time - VEVRAA Federal Contractor - Request Priority Referral of Protected Veterans - EOE Females/Minorities/Protected Veterans/Disabled - Robert C. Matthews, email:

Role: To perform financial, industrial, macroeconomic and collateral analysis when underwriting medium to large size commercial credits for Commercial Relationship Managers; to underwrite credits for new loans, renewals and annual relationship reviews. Essential Functions & Responsibilities: E 30% Prepares narrative reports for new commercial credit requests in excess of $400,000, renewals of existing loans and annual reviews. E 30% Conducts financial analysis: calculates financial ratios; conducts comparisons to industry norms; conducts collateral and guarantor analysis; spreads financial statements and tax returns into the financial statement spreadsheet software. E 20% Prepares documentation and reports for periodic commercial relationship reviews. E 5% Analyzes the borrower's strengths, weaknesses, and overall creditworthiness. E 5% Helps to structure loan terms that adhere to credit policy. E 5% Prepares projections, if applicable, detailing the effects on the borrower of best case, worst case and most likely case scenarios. N 5% Performs other duties as assigned. Performance Measurements: 1. To comply with the letter and with the spirit of the bank's Code of Business Conduct and Ethics. 2. To maintain the confidentiality of customer and any other sensitive information. 3. To provide and maintain reporting requirements on bank customers' credit obligations. 4. To adhere to credit policy guidelines when assisting with the structuring of loan terms. 5. To attend Credit Committee meetings as needed. 6. To communicate with Relationship Managers (and, rarely, borrowers) in a congenial, helpful and timely manner. 7. To acquire and maintain a working knowledge of regulations and bank procedures; to comply with the provisions of the Bank Secrecy Act and other laws and regulations. 8. To complete required training and undertake additional training as needed to increase job knowledge and maximize productivity. Knowledge and Skills: Experience One year to three years of similar or related experience. Education (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree). Interpersonal Skills Work frequently involves exercising advanced conflict resolution, giving material presentations, and resolving issues impacting multiple departments or divisions. Role also requires the ability to motivate or influence others as a material part of the role, with a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the role and a high level of interpersonal skills is critical to the success of this position. Other Skills 1. High level of mathematical, language, writing, and independent reasoning skills.
2. Proficiency in word processing, internet researching, multitasking, and spreadsheet software.
3. Must be capable of operating all types of office equipment including computer, copy machine, fax, and telephone. Physical Requirements The person in this position needs to frequently move about inside the office to interact with associates and access office machinery and file cabinets. The person in the position constantly operates a computer and other office productivity machinery, such as a calculator, photocopier, and printer. Work Environment This job operates in a professional office environment. This role routinely uses standard office equipment such as calculators, computers, phones, photocopier, filing cabinets and fax machines. PI193604721

Keywords: First Farmers & Merc, Murfreesboro , Credit Analyst I, Professions , Columbia, Tennessee

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