Commercial Credit Analyst

Uwharrie Bank - Albemarle, NC

Full-time

Albemarle, NC

About the position

Uwharrie Bank is seeking an Experienced Commercial Credit Analyst who will be responsible for evaluating the credit worthiness and quality of consumer and commercial loan requests in a timely and accurate manner. This role involves gathering financial statements and inputting data into software programs to spread both historical and projected data. The analyst will work closely with other credit analysts and lenders to complete financial spreads, evaluate trends and ratios, and assist lenders in structuring appropriate loans. Additionally, the analyst will perform industry standard comparisons utilizing RMA data and other resources. The position also includes participation in the Credit Committee, which provides an opportunity to develop and enhance underwriting skills by observing loan requests and annual loan review presentations. The analyst will be in training to learn how to prepare annual loan reviews on larger loan relationships and will be expected to perform these reviews within a reasonable timeframe. General qualifications for this role include a four-year degree in business, finance, or accounting, or equivalent experience. Formal credit and/or underwriting training from a financial institution is highly preferred. Candidates should have a minimum of three years' experience in a banking or financial institution, with a focus on commercial credit underwriting, analysis, and/or commercial lending. Training and experience in reviewing residential and commercial appraisals is considered a plus. The position requires general accounting knowledge, the ability to read and understand financial statements, solid analytical and underwriting skills, and the ability to manage time, prioritize, and organize tasks effectively. Excellent interpersonal skills are essential, as the analyst will work with various internal and external contacts and must possess strong written and oral communication skills. Proficiency with personal computers and knowledge of various software applications, including Microsoft Excel and Word, is required, while knowledge of Access is a plus.

Responsibilities

• Evaluate the credit worthiness and quality of consumer and commercial loan requests.
• Gather financial statements and input data into software programs to spread historical and projected data.
• Work closely with other credit analysts and lenders to complete financial spreads and evaluate trends and ratios.
• Assist lenders in structuring appropriate loans based on analysis.
• Perform industry standard comparisons utilizing RMA data and other resources.
• Participate in Credit Committee to develop underwriting skills by observing loan request and annual loan review presentations.
• Prepare annual loan reviews on larger loan relationships within a reasonable timeframe.

Requirements

• A four-year degree in business, finance, or accounting, or equivalent experience is required.
• Formal credit and/or underwriting training from a financial institution is highly preferred.
• A minimum of three years' experience in a banking or financial institution, with emphasis on commercial credit underwriting, analysis, and/or commercial lending is highly preferred.
• Training and experience in reviewing residential and commercial appraisals is a plus.
• General accounting knowledge and the ability to read and understand financial statements are required.
• Solid analytical and underwriting skills are necessary.
• Ability to manage time, prioritize, and organize tasks effectively is essential.
• Excellent interpersonal skills and the ability to work with various internal and external contacts are required.
• Strong written and oral communication skills are necessary.
• Proficiency with personal computers and knowledge of software applications, including Microsoft Excel and Word, is required; Access knowledge is a plus.