Shore United Bank is looking for an experienced Senior Credit Analyst to join our growing commercial underwriting team. As the Senior Credit Analyst your primary responsibility will be underwriting complex commercial loan requests on a self-directed basis. In this role you are also responsible for mitigating risk to the bank by conducting a thorough financial analysis on prospective and active commercial loans.
Essential Functions
- Receive data on prospective and active borrowing accounts
- Analyze data and evaluate the short and long run prospects of the individual or company
- Recommend granting or denying loans to appropriate personnel and prepare sufficient information to document recommendations
- Provide thorough documentation of all financial analysis work, including ratios and other related information
- Ensure that all credit analysis activities are conducted in accordance with prescribed lending policy
- Manage the initiation of the loan renewal process
- Review loans in the portfolio to maintain quality consistent with policy guidelines
- Manage the credit relationship review of the client
- Suggest a loan grade after conducting thorough credit analysis and documentation review
- Prepare and present various loan review reports
- Achieve goals assigned to the Credit Analysts as part of the assigned department’s annual operating plan
- Maintain appropriate records and provide assigned reports
Competencies
- Attention to detail
- Accuracy
- Data gathering and analysis
- Critical thinking
- Self-motivated
- Integrity
- Problem solving
- Strategic thinking
- Professionalism
- Time management
Position Type/Expected Hours of Work
This is a full-time position, Monday through Friday.
Required Education and Experience
- Bachelor’s degree in related field of study required
- A minimum of 5 years’ experience in a Credit Analyst role
- Prior experience underwriting complex commercial loans
- Prior experience or training in financial analysis
Preferred Skills & Qualifications
- Strong knowledge of commercial loans and underwriting
- Knowledge of banking regulations, procedures, and operations
- Ability to analyze and interpret financial statements and draw conclusions based on common-sized business trends and directional trends
- Ability to interpret UCA and cash flow statements
- Thorough knowledge of current lending and loan review regulations
- Ability to spread and analyze simple business and personal tax returns
- Ability to identify source of repayment as well as collateral analysis
- Ability to maintain confidentiality with customer information
- Proficient computer skills; specifically, Microsoft Office Suite and Outlook desired
- Ability to work in a fast-paced environment with a high degree of accuracy
- Ability to manage multiple priorities daily
Additional Eligibility Qualifications
- Proficient in Microsoft Excel would be helpful
Company Benefits
- Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work
- Comprehensive benefits packing including health, dental, vision, short-term and long-term disability, long-term care insurance, company paid life insurance, and much more!
- 401k savings plan with up to a 4% company match
- Employee perks such as: employee banking services, loan discount program, tuition reimbursement, career development program, Employee Assistance Program, and wellness initiatives.
- Opportunity for growth and advancement
- Paid training program and continuous training sessions throughout the year on various topics
- Generous paid time off and paid sick time
- Community involvement opportunities
Shore United Bank is a full-service community bank with a rich history dating back to 1876. In excess of one billion in assets, we offer innovative financial services delivered with the personal touch you expect from a community bank. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you.
In addition to banking, we offer trust and wealth management services through Wye Financial & Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.
Shore United Bank: Good things are happening here. ®