First Horizon Bank - Memphis, TN

posted 5 months ago

Full-time - Entry Level
Memphis, TN
5,001-10,000 employees
Credit Intermediation and Related Activities

About the position

The Credit Analyst will work directly with the deal team in analyzing, underwriting, and monitoring all credit facilities within their portfolio. This position is designed for individuals who are looking to learn the basics of deal making and loan structures while being exposed to various departments within First Horizon Bank. As a Credit Analyst, you will be involved in a critical role that serves as an excellent entry point into the banking industry, paving the way for numerous opportunities in areas such as sales, credit, relationship management, loan review, or other similar positions. In this role, you will collaborate closely with the Portfolio Manager (PM) and Relationship Manager (RM) to complete at least 80% of the credit analysis. The credit analysis is a primary document used in Commercial Banking for analyzing and underwriting all new and outstanding loans. You will perform in-depth analyses on the borrower's ability to repay, focusing on various factors including the company and owner's background, recent and historical financial performance, the financial condition of guarantors (if applicable), collateral performance, risk rating, and risk-adjusted return on capital, all in accordance with First Horizon's underwriting policies and guidelines. Your responsibilities will also include addressing client needs efficiently and accurately, spreading financial statements, providing advanced analysis for assessing current and new business opportunities, and interacting with clients through various communication channels. You will project manage complex credit requests and analyses, identify emerging industry trends, and proactively monitor risks in the current book of business. Additionally, you will attend credit meetings and learn to present modifications and new opportunities to internal credit partners for final approval.

Responsibilities

  • Work directly with PM, RM, and clients to address needs efficiently and accurately.
  • Spread financial statements.
  • Provide advanced analysis in assessing and evaluating current and new business opportunities.
  • Interact with clients through email, phone conversations, field exams, bank group meetings, etc.
  • Project manage complex credit requests and analyses and see them through to completion.
  • Identify emerging industry trends and proactively monitor the risk in the current book of business.
  • Attend credit meetings and learn to properly present modifications and new to bank opportunities to internal credit partners for final approval.

Requirements

  • Exceptional educational background required.
  • CFA Level II Candidates and above preferred.
  • Strong analytical abilities with the ability to reach logical conclusions based on available information.
  • Strong Excel and presentation building skills in Microsoft Office.
  • Ability to manage multiple projects while maintaining high attention to detail.
  • Self-starter attitude with flexibility and proven ability to diagnose and resolve issues.
  • Intellectually curious with the ability to think outside the box and be assertive.
  • Hard working, smart, creative, analytical, driven, and exceptionally organized.
  • Strong communication skills and results-driven.

Benefits

  • 401(k) with 6% match
  • Dental insurance
  • Health insurance
  • Health savings account
  • Parental leave
  • Tuition reimbursement
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